Municipalities ranked by the average price of commercial survey sites (yen per m²).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Cities: commercial | Avg. residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|---|
| 1 | Wakayama City Wakayama |
¥136K/m² | ¥66K/m² | +0.3% | +0.1% | 67 |
| 2 | Iwade City Wakayama |
¥78K/m² | ¥38K/m² | +0.1% | −2.0% | 51 |
| 3 | Koya Town Wakayama |
¥76K/m² | ¥18K/m² | −0.8% | −7.2% | 27 |
| 4 | Tanabe City Wakayama |
¥70K/m² | ¥43K/m² | −0.1% | −1.9% | 58 |
| 5 | Kainan City Wakayama |
¥63K/m² | ¥42K/m² | −0.6% | −4.9% | 46 |
| 6 | Aridagawa Town Wakayama |
¥58K/m² | ¥29K/m² | −0.4% | −4.7% | 42 |
| 7 | Shingu City Wakayama |
¥58K/m² | ¥35K/m² | −0.7% | −4.6% | 44 |
| 8 | Gobo City Wakayama |
¥55K/m² | ¥23K/m² | −0.8% | −6.3% | 35 |
| 9 | Hashimoto City Wakayama |
¥54K/m² | ¥31K/m² | −0.6% | −4.0% | 44 |
| 10 | Shirahama Town Wakayama |
¥54K/m² | ¥27K/m² | −0.4% | −3.8% | 41 |
| 11 | Arida City Wakayama |
¥45K/m² | ¥30K/m² | −1.4% | −9.7% | 29 |
| 12 | Minabe Town Wakayama |
¥38K/m² | ¥25K/m² | −0.5% | −4.1% | 38 |
| 13 | Nachikatsuura Town Wakayama |
¥37K/m² | ¥22K/m² | −0.7% | −5.8% | 35 |
| 14 | Yuasa Town Wakayama |
¥34K/m² | ¥27K/m² | −1.0% | −8.2% | 30 |
| 15 | Kinokawa City Wakayama |
¥32K/m² | ¥20K/m² | −0.8% | −4.3% | 42 |
| 16 | Mihama Town Wakayama |
¥30K/m² | ¥20K/m² | −1.7% | −9.8% | 21 |
| 17 | Kamitonda Town Wakayama |
¥30K/m² | ¥30K/m² | ±0.0% | −0.8% | 52 |
| 18 | Kushimoto Town Wakayama |
¥29K/m² | ¥26K/m² | −1.2% | −5.8% | 36 |
| 19 | Katsuragi Town Wakayama |
¥28K/m² | ¥20K/m² | −1.1% | −6.1% | 32 |
| 20 | Hidakagawa Town Wakayama |
¥27K/m² | ¥14K/m² | −1.2% | −7.2% | 23 |
| 21 | Yura Town Wakayama |
¥25K/m² | ¥18K/m² | −1.6% | −9.5% | 20 |
| 22 | Susami Town Wakayama |
¥25K/m² | ¥14K/m² | −1.2% | −8.2% | 24 |
| 23 | Kudoyama Town Wakayama |
¥23K/m² | ¥18K/m² | −1.4% | −9.7% | 21 |
23 areas · calculated Nov 5, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.
Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.