Built on official MLIT transaction data

Property prices in Owase

Median sale prices in Owase, Mie from real transactions (2023Q2–2026Q1) — homes, apartments, and land, plus the current for-sale market.

Median home price
¥3.4M
Home ¥/m²
¥36K/m²
3-year change
+69.2%
For sale now
5

By home price per m², Owase ranks #23 of 29 municipalities in Mie and #1316 of 1684 nationwide.

Prices by property type

TypeMedian sold price¥/m² (25–75% range)3y changeMedian asking priceFor sale
Homes¥3.4M¥36K/m²¥11K¥96K+69.2%¥2.0M5
Land¥1.5M¥6K/m²¥3K¥21K-50.0%

Only segments with at least 5 transactions are shown. Apartment ¥/m² is a sold figure from the transaction records; there is no asking ¥/m² for apartments, because listings carry no unit area.

Official land prices in Mie: the 2026 prefectural land price survey

Residential land
-0.3%
prior year -0.2%
Commercial land
+0.3%
prior year +0.5%

Year-on-year change at the 1 July 2026 valuation

The prefecture-wide rates from the 2026 prefectural land price survey, published by Japan's Ministry of Land, Infrastructure, Transport and Tourism on 2026-09-15. Official land prices are appraised values per square metre set by each prefectural governor as of 1 July, which is a different measure from the prices Owase properties actually sold for in the table above. The survey covers 21,466 points nationwide.

These rates are for Mie as a whole. For what individual properties sold for city by city, see the table above.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Summary of the 2026 Prefectural Land Price Survey (PDF)

See the national, regional and all-47-prefecture rates

Research Owase properties in depth

Lot boundaries, official land prices, individual transactions, hazard maps, school districts, and demographics — all in one research map, free to start.

Frequently asked questions

How much does a house cost in Owase?

The median sold price for a house (land + building) in Owase is ¥3.4M (¥36K/m²), based on real transactions from 2023Q2–2026Q1.

How much does land cost in Owase?

The median price of residential land in Owase is ¥6K/m², with a median lot price of ¥1.5M (2023Q2–2026Q1).

Are property prices in Owase rising?

Home prices per m² in Owase have changed +69.2% compared with the previous three-year period.

Nearby municipalities

Onigiri Newsletter

Big market, small bites.

Japan's property market decoded from real transaction data, minus the spreadsheet. A short, plain-language read in your inbox. Free, no spam, unsubscribe anytime.

  • Bite-size: a few minutes, not a research report
  • From real transaction and registry data
  • Plain language, no jargon

About this data

Source: MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) real estate transaction records, 2023Q2–2026Q1. Only segments with at least 5 transactions are shown. For-sale figures come from active listings tracked and deduplicated by Japan Property Research.