Exploring Mie's Dynamic Real Estate Market: Trends and Insights

Mie Prefecture, known for its scenic beauty and historic cities, offers a diverse real estate market. With major cities including Yokkaichi, Kuwana, Suzuka, and Tsu, the region displays a unique blend of urban growth and traditional charm. Demographic trends, such as a modest population decline of -0.8% and an aging index of 260.3, alongside strong employment figures and ample educational facilities, contribute to a vibrant market environment. This report provides a detailed look into the evolving trends in property prices across different cities and building types in Mie.

Photo of Mie Prefecture
Photo of Mie Prefecture
Photo of Mie Prefecture

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

2526.2

Aging index

260.3

Rate of population change

-0.8%

Yearly average of air temperature

16.9

Yearly average of relative humidity

65%

Yearly clear days

27

Number of elementary schools (per inhabitable area 100 km2)

17.73

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

8.09

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

3.39

Percentage of persons employed

96.9%

Unemployment rate (Both sexes)

3.1%

Percentage of owned houses

72%

Number of retail stores (per 1,000 persons)

7.6

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

3.62

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

0.97

Number of traffic accidents (per 100,000 persons)

167.5

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

4.22

Amount of damage by disasters (per capita)(30 years average)

¥6958

Areas in Mie

AreaMedian Price per m²Growth over last 5 years
Yokkaichi City

¥200,000

16.0%
Kuwana City

¥200,000

11.8%
Komono Town, Mie County

¥181,667

35.0%
Suzuka City

¥142,222

4.1%
Tsu City

¥120,714

-5.6%
Kameyama City

¥100,000

8.2%
Matsusaka City

¥93,750

10.8%
Ise City

¥66,666

-21.4%
Iga City

¥40,245

-13.8%
Nabari City

¥31,000

-42.4%
Shima City

¥26,006

-49.7%

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