Miyagi Real Estate Market Report: Trends and Insights
Miyagi Prefecture, located in the northeastern part of Japan, presents a captivating opportunity for real estate investors and homebuyers alike. With its capital, Sendai, offering a mix of modern convenience and natural beauty, it's easy to see why many are drawn to this region. Real estate trends in Miyagi display unique patterns influenced by both local and national factors, making it an interesting market to dive into.
Ratio of population of foreigners (per 100,000 persons)
845
Aging index
255.4
Rate of population change
-0.44%
Yearly average of air temperature
13.5
Yearly average of relative humidity
73%
Yearly clear days
12
Number of elementary schools (per inhabitable area 100 km2)
11.52
Number of lower secondary schools (per inhabitable area 100 km2)
6.37
Number of upper secondary schools (per inhabitable area 100 km2)
2.98
Percentage of persons employed
95.7%
Unemployment rate (Both sexes)
4.3%
Percentage of owned houses
58.1%
Number of retail stores (per 1,000 persons)
7.28
Number of eating and drinking places (per 1,000 persons)
3.66
Number of department stores and general merchandise stores (per 100,000 persons)
0.66
Number of traffic accidents (per 100,000 persons)
180.6
Number of recognitions of criminal offenses (per 1,000 persons)
4.1
Amount of damage by disasters (per capita)(30 years average)
￥52769
Areas in Miyagi
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Miyagino Ward,Sendai City | ￥306,041 | 6.1% |
| Wakabayashi Ward,Sendai City | ￥295,238 | 0.5% |
| Aoba Ward,Sendai City | ￥275,962 | 3.5% |
| Izumi Ward,Sendai City | ￥274,074 | 10.7% |
| Natori City | ￥264,935 | 10.4% |
| Taihaku Ward,Sendai City | ￥263,636 | 1.1% |
| Tagajo City | ￥238,750 | -16.4% |
| Ishinomaki City | ￥148,754 | -12.5% |
| Shiogama City | ￥125,576 | 11.3% |
| Osaki City | ￥107,692 | -13.9% |
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