Iwate Apartment market overview [Show ]

The average price of a sq.m Apartment of Iwate was 202,069 JPY/sq.m, and the median price was 187,500 JPY/sq.m.

The highest Apartment market value is Shinkansen at 198,000 JPY/sq.m. On the other hand, those with the lowest market value is JR at 192,444 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Morioka-Shi at -46.0% (The rate of decline after 30 years). On the other hand, market values along the Oshu-Shi was the most resistant to decline at -46.0% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -47.0% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -46.0% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 830 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Morioka-Shi [Utilization ]12,228,745 JPY201,472 JPY/sq.m
Hanamaki-Shi [Utilization ]17,125,000 JPY241,862 JPY/sq.m
Ichinoseki-Shi [Utilization ]17,037,500 JPY264,844 JPY/sq.m
Oshu-Shi20,625,000 JPY298,019 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Utilization ]12,383,607 JPY203,372 JPY/sq.m
Shinkansen [Utilization ]12,346,635 JPY205,891 JPY/sq.m
Other [Utilization ]12,196,262 JPY203,685 JPY/sq.m