Land Prices in 新宮
Price information based on actual transaction records and official land appraisals for 新宮.
Price Trend
Land Price Trend for 新宮
Appraised Land Price Locations
| No. | Location | Price (¥/m²)（Res） | YoY Change |
|---|---|---|---|
| 1 | 熊野地２丁目５５７２番１５ | 27,100 | -1.8% |
| 2 | 熊野地２丁目５５７２番１５ | 27,000 | -2.2% |
| 3 | 三輪崎字岡崎１２２０番１０ | 28,800 | 0% |
| 4 | 磐盾１９３４番４ | 40,300 | -0.5% |
About Data
Transaction Price Average: Aggregated actual land transaction data from 2023 obtained from the MLIT "Real Estate Information Library".
Appraised Land Price Average: Aggregated 2026 appraised land price data obtained from the MLIT "Land Price Appraisal & Prefectural Land Price Survey".
※Actual transaction prices may vary from displayed prices due to actual transaction conditions and individual property factors.
About 新宮 Data
Compare the appraised land price average with the transaction price average to gauge the market. Appraised prices are standard values; transaction prices reflect actual deals.
This page shows 2026 appraised land price locations, recent price trends, and district-level transaction data for 新宮.
For prefecture-wide trends, see the Wakayama land price page. Wakayama municipal land price list
Land Price Overview for 新宮
The average appraised land price in 新宮 is 32,050 yen/m² (11 per tsubo). Use this as a baseline for comparing prices across different neighborhoods.
The average transaction price is 43,197¥/m². Transaction prices reflect actual market deals, while appraised prices are official assessments. Both should be considered for a complete picture of the 新宮 market.
Key locations include 熊野地２丁目５５７２番１５, 熊野地２丁目５５７２番１５, 三輪崎字岡崎１２２０番１０, which serve as useful benchmarks for understanding the local price range.
Tips for Evaluating Land Prices in 新宮
Land prices are strongly influenced by access to transportation, commercial activity, zoning regulations, and redevelopment projects. Comparing with the Wakayama average helps determine whether 新宮 is relatively high or low.