Real Estate Market Report: Exploring Iwaki City Fukushima

Iwaki City, located in Fukushima Prefecture, Japan, presents a unique opportunity for both domestic and international real estate investors. Known for its rich cultural heritage, scenic landscapes, and strategic location, Iwaki is an inviting area for those looking into the Japanese real estate market. This article delves into the housing market trends in Iwaki City, providing insights into transaction prices, price per square meter trends by age and construction year cohorts, and offering a comprehensive view on why Iwaki stands out as an investment prospect.

Photo of Iwaki City, Fukushima Prefecture
Photo of Iwaki City, Fukushima Prefecture
Photo of Iwaki City, Fukushima Prefecture

Ratio of population of foreigners (per 100,000 persons)

732.6

Rate of population change

-4.94%

Number of elementary schools (per inhabitable area 100 km2)

18.44

Number of lower secondary schools (per inhabitable area 100 km2)

11.91

Number of upper secondary schools (per inhabitable area 100 km2)

5.39

Unemployment rate (Both sexes)

5%

Percentage of owned houses

65%

Number of retail stores (per 1,000 persons)

8.19

Number of eating and drinking places (per 1,000 persons)

4.09

Number of department stores and general merchandise stores (per 100,000 persons)

1.14

Number of traffic accidents (per 100,000 persons)

868

Number of recognitions of criminal offenses (per 1,000 persons)

12.94

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