Miyagi Apartment market overview [Show ]

The average price of a sq.m Apartment of Miyagi was 255,074 JPY/sq.m, and the median price was 240,000 JPY/sq.m.

The highest Apartment market value is 仙台市営 at 266,666 JPY/sq.m. On the other hand, those with the lowest market value is JR at 226,666 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Miyagi-Gun at -77.7% (The rate of decline after 30 years). On the other hand, market values along the Sendai-Shi was the most resistant to decline at -51.2% (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 -51.7% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -50.9% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 6,768 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Sendai-Shi [Land utilization ]16,191,812 JPY258,109 JPY/sq.m
Ishinomaki-Shi [Land utilization ]9,904,762 JPY155,718 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 ]6,516,429 JPY101,662 JPY/sq.m
Miyagi-Gun [Land utilization ]4,475,000 JPY83,477 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]15,478,602 JPY237,304 JPY/sq.m
仙台市営17,065,412 JPY292,665 JPY/sq.m
Shinkansen [Land utilization ]16,873,962 JPY264,440 JPY/sq.m
Other [Land utilization ]16,515,291 JPY261,506 JPY/sq.m