Miyagi Apartment market overview [Show ]

The average price of a sq.m Apartment of Miyagi was 256,526 JPY/sq.m, and the median price was 240,000 JPY/sq.m.

The highest Apartment market value is 仙台市営 at 264,583 JPY/sq.m. On the other hand, those with the lowest market value is JR at 228,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Shiogama-Shi at -78.0% (The rate of decline after 30 years). On the other hand, market values along the Sendai-Shi was the most resistant to decline at -51.0% (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 -52.0% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -51.0% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 6,795 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Sendai-Shi [Utilization ]16,254,159 JPY259,598 JPY/sq.m
Ishinomaki-Shi [Utilization ]9,904,762 JPY155,718 JPY/sq.m
Shiogama-Shi [Utilization ]6,500,000 JPY101,152 JPY/sq.m
Tagajo-Shi [Utilization ]9,330,769 JPY133,456 JPY/sq.m
Iwanuma-Shi [Utilization ]13,975,000 JPY128,357 JPY/sq.m
Osaki-Shi [Utilization ]6,890,769 JPY106,926 JPY/sq.m
Miyagi-Gun [Utilization ]4,475,000 JPY83,477 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Utilization ]15,592,000 JPY238,936 JPY/sq.m
仙台市営17,065,111 JPY292,223 JPY/sq.m
Shinkansen [Utilization ]17,255,882 JPY268,259 JPY/sq.m
Other [Utilization ]16,582,687 JPY261,977 JPY/sq.m