Iwate Prefecture¶
The capital is Morioka. A large prefecture where housing demand differs between the coast and inland areas.
What to watch: House and land prices and counts outside Morioka.
Resale condominium closing prices (MLIT)¶
Price per m² in units of ¥10,000 (万円). Quarters with fewer than 10 closings are not shown.
| Quarter | Median price per m² (¥10k) | Closings |
|---|---|---|
| 2024 Q2 | 28.1 | 30 |
| 2024 Q3 | 30.6 | 23 |
| 2024 Q4 | 31.2 | 19 |
| 2025 Q1 | 29.4 | 32 |
| 2025 Q2 | 23.6 | 26 |
| 2025 Q3 | 22.5 | 37 |
| 2025 Q4 | 24.7 | 28 |
| 2026 Q1 | 27.7 | 26 |
- Year-on-year change in median price per m²: -5.8% (2026 Q1)
By floor plan (resale condominiums, last 4 quarters)¶
2025 Q2 to 2026 Q1. Floor plans with fewer than 10 closings are not shown. "S" (service room) is not counted as a room.
| Floor plan | Closings | Median price (¥10k) | Median per m² (¥10k) | Median size (m²) | Per m², year on year |
|---|---|---|---|---|---|
| Studio / 1K / 1DK | 15 | 360 | 10.7 | 40.0 | — |
| 2 rooms (2K-2LDK) | 30 | 1,750 | 25.8 | 65.0 | -3.4% |
| 3 rooms (3K-3LDK) | 49 | 2,000 | 26.7 | 75.0 | -16.7% |
| 4 rooms or more | 16 | 2,800 | 29.2 | 95.0 | -6.5% |
Houses and land (MLIT)¶
Transaction prices from MLIT's survey of registered sales. Prices in ¥10,000. Quarters with fewer than 20 deals are not shown.
| Quarter | Median house price (¥10k) | House deals | Houses under ¥10m | Median land price per m² (¥10k) |
|---|---|---|---|---|
| 2025 Q2 | 1,400 | 206 | 41.7% | 2.6 |
| 2025 Q3 | 1,350 | 228 | 40.4% | 2.2 |
| 2025 Q4 | 1,100 | 239 | 45.6% | 2.1 |
| 2026 Q1 | 1,200 | 134 | 41.0% | 1.8 |
Official land prices (Chika Koji, MLIT)¶
Prices of standard sites as of 1 January each year (published in March). The change is the average for sites that continue from the previous year.
| Year | Use | Median (¥ per m²) | Change | Sites |
|---|---|---|---|---|
| 2024 | Commercial | 44,700 | -0.6% | 54 |
| 2025 | Commercial | 44,300 | -0.4% | 53 |
| 2026 | Commercial | 43,800 | -0.4% | 53 |
| 2024 | Residential | 29,000 | +0.7% | 127 |
| 2025 | Residential | 29,600 | +0.5% | 125 |
| 2026 | Residential | 30,200 | +0.2% | 125 |
This service uses the API of the MLIT Real Estate Information Library, but the timeliness, accuracy and completeness of the information provided are not guaranteed. (このサービスは、国土交通省不動産情報ライブラリのAPI機能を使用していますが、提供情報の最新性、正確性、完全性等が保証されたものではありません。)
Figures are medians of individual transactions and change with the mix of what sold. Regime labels are our own interpretation, not investment advice.