Miyagi: Where land prices are rising fastest in Japan

Municipalities ranked by the average year-on-year change of residential and commercial survey sites.

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

RankAreaRising fastestAvg. residential5 yearsIndex
1Miyagino Ward
Sendai City, Miyagi
+6.2% ¥132K/m² +46.2% 93
2Tagajo City
Miyagi
+6.0% ¥82K/m² +31.6% 89
3Rifu Town
Miyagi
+6.0% ¥65K/m² +35.7% 88
4Aoba Ward
Sendai City, Miyagi
+5.4% ¥158K/m² +31.9% 93
5Natori City
Miyagi
+5.1% ¥88K/m² +35.1% 90
6Wakabayashi Ward
Sendai City, Miyagi
+4.5% ¥172K/m² +35.7% 92
7Taiwa Town
Miyagi
+4.5% ¥52K/m² +36.8% 86
8Taihaku Ward
Sendai City, Miyagi
+4.2% ¥121K/m² +28.9% 90
9Iwanuma City
Miyagi
+4.0% ¥58K/m² +29.3% 86
10Izumi Ward
Sendai City, Miyagi
+2.7% ¥117K/m² +31.5% 88
11Tomiya City
Miyagi
+2.5% ¥64K/m² +38.9% 85
12Ohira Village
Miyagi
+1.6% ¥21K/m² +5.9% 66
13Higashimatsushima City
Miyagi
+1.2% ¥30K/m² +5.8% 68
14Ogawara Town
Miyagi
+0.3% ¥36K/m² +7.8% 70
15Shichigahama Town
Miyagi
+0.3% ¥37K/m² +0.8% 64
16Misato Town
Miyagi
+0.2% ¥14K/m² −2.3% 46
17Shiogama City
Miyagi
±0.0% ¥36K/m² −0.4% 61
18Watari Town
Miyagi
−0.1% ¥27K/m² +3.5% 59
19Shibata Town
Miyagi
−0.2% ¥32K/m² +4.2% 63
20Matsushima Town
Miyagi
−0.3% ¥21K/m² −3.6% 46
21Yamamoto Town
Miyagi
−0.3% ¥12K/m² +0.7% 44
22Onagawa Town
Miyagi
−0.5% ¥18K/m² −3.3% 44
23Wakuya Town
Miyagi
−0.6% ¥13K/m² −5.0% 35
24Osato Town
Miyagi
−0.8% ¥10K/m² −3.8% 33
25Kakuda City
Miyagi
−0.8% ¥17K/m² −2.2% 42
26Kurihara City
Miyagi
−1.0% ¥10K/m² −6.3% 27
27Marumori Town
Miyagi
−1.1% ¥10K/m² −5.0% 26
28Ishinomaki City
Miyagi
−1.2% ¥29K/m² −5.2% 41
29Shiroishi City
Miyagi
−1.2% ¥18K/m² −1.2% 42
30Murata Town
Miyagi
−1.6% ¥10K/m² −5.6% 25
31Zao Town
Miyagi
−1.7% ¥9,490/m² −11.5% 14
32Osaki City
Miyagi
−1.7% ¥21K/m² −4.3% 35
33Tome City
Miyagi
−1.7% ¥10K/m² −7.8% 21
34Kawasaki Town
Miyagi
−2.9% ¥9,025/m² −15.2% 9
35Minamisanriku Town
Miyagi
−3.7% ¥11K/m² −12.7% 12
36Kesennuma City
Miyagi
−3.7% ¥20K/m² −14.4% 18
37Kami Town
Miyagi
−4.5% ¥10K/m² −15.3% 10
38Shikama Town
Miyagi
−4.9% ¥6,633/m² −19.1% 5

38 areas · calculated Nov 3, 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.