Miyagi Apartment market overview [Show ]

The average price of a sq.m Apartment of Miyagi was 247,727 JPY/sq.m, and the median price was 233,333 JPY/sq.m.

The highest Apartment market value is 仙台市営 at 261,538 JPY/sq.m. On the other hand, those with the lowest market value is JR at 222,222 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Miyagi-Gun at -76.3% (The rate of decline after 30 years). On the other hand, market values along the Sendai-Shi was the most resistant to decline at -50.7% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the 仙台市営 at -51.6% (The rate of decline after 30 years). On the other hand, market values along the Shinkansen was the most resistant to decline at -50.7% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 6,523 properties provided by the MLIT Japan.

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Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Sendai-Shi [Land utilization ]15,876,889 JPY250,740 JPY/sq.m
Ishinomaki-Shi [Land utilization ]9,504,762 JPY148,814 JPY/sq.m
Shiogama-Shi [Land utilization ]6,500,000 JPY101,152 JPY/sq.m
Tagajo-Shi [Land utilization ]9,330,769 JPY133,456 JPY/sq.m
Iwanuma-Shi [Land utilization ]13,975,000 JPY128,357 JPY/sq.m
Osaki-Shi [Land utilization ]5,969,677 JPY94,454 JPY/sq.m
Miyagi-Gun [Land utilization ]4,475,000 JPY83,477 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]15,331,726 JPY233,696 JPY/sq.m
仙台市営16,917,004 JPY290,935 JPY/sq.m
Shinkansen [Land utilization ]16,742,712 JPY262,251 JPY/sq.m
Other [Land utilization ]16,136,772 JPY256,392 JPY/sq.m