Built on official MLIT transaction data

Property prices in Kainan

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

Median home price
¥9.9M
Home ¥/m²
¥88K/m²
3-year change
-19.2%
For sale now
300

By home price per m², Kainan ranks #3 of 27 municipalities in Wakayama and #793 of 1684 nationwide.

Prices by property type

TypeMedian sold price¥/m² (25–75% range)3y changeMedian asking priceFor sale
Homes¥9.9M¥88K/m²¥34K¥203K-19.2%¥6.2M90
Apartments¥4.2M5
Land¥7.2M¥36K/m²¥18K¥54K+50.0%¥7.0M205

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 Wakayama: the 2026 prefectural land price survey

Residential land
-0.5%
prior year -0.6%
Commercial land
0.0%
prior year -0.1%

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

These rates are for Wakayama 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 Kainan 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 Kainan?

The median sold price for a house (land + building) in Kainan is ¥9.9M (¥88K/m²), based on real transactions from 2023Q2–2026Q1.

How much does land cost in Kainan?

The median price of residential land in Kainan is ¥36K/m², with a median lot price of ¥7.2M (2023Q2–2026Q1).

Are property prices in Kainan rising?

Home prices per m² in Kainan have changed -19.2% 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.