Built on official MLIT transaction data

Property prices in Wakabayashi Ward, Sendai

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

Median home price
¥39.5M
Home ¥/m²
¥359K/m²
3-year change
+10.9%
For sale now
810

By home price per m², Wakabayashi Ward, Sendai ranks #1 of 39 municipalities in Miyagi and #143 of 1684 nationwide.

Prices by property type

TypeMedian sold price¥/m² (25–75% range)3y changeMedian asking priceFor sale
Homes¥39.5M¥359K/m²¥258K¥430K+10.9%¥40.8M366
Apartments¥17.0M¥283K/m²¥200K¥406K-3.7%¥24.8M214
Land¥35.0M¥160K/m²¥100K¥195K+23.1%¥28.5M230

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 Miyagi: the 2026 prefectural land price survey

Residential land
0.0%
prior year +0.9%
Commercial land
+2.9%
prior year +4.0%

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 Wakabayashi Ward, Sendai properties actually sold for in the table above. The survey covers 21,466 points nationwide.

These rates are for Miyagi 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

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Frequently asked questions

How much does a house cost in Wakabayashi Ward, Sendai?

The median sold price for a house (land + building) in Wakabayashi Ward, Sendai is ¥39.5M (¥359K/m²), based on real transactions from 2023Q2–2026Q1.

How much does land cost in Wakabayashi Ward, Sendai?

The median price of residential land in Wakabayashi Ward, Sendai is ¥160K/m², with a median lot price of ¥35.0M (2023Q2–2026Q1).

Are property prices in Wakabayashi Ward, Sendai rising?

Home prices per m² in Wakabayashi Ward, Sendai have changed +10.9% compared with the previous three-year period.

Nearby municipalities

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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.