Investing in Miyagi: Unveiling Trends in Japan's Dynamic Real Estate Market
Miyagi Prefecture, situated in the Tohoku region, blends rich cultural heritage with modern urban development. Known for its balanced climate—with an average temperature of 13.5°C and 73% relative humidity—the area offers a comfortable living environment. Education and community infrastructure thrive, evidenced by a high density of schools and robust employment rates (95.7%). With a diverse array of amenities including retail stores and dining options, Miyagi appeals to residents and investors seeking both stability and opportunity in a region characterized by steady population trends and a thoughtful approach to urban planning.
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 |
|---|---|---|
| Wakabayashi Ward, Sendai City | ￥340,000 | 18.8% |
| Miyagino Ward, Sendai City | ￥315,037 | 23.8% |
| Tagajo City | ￥298,148 | 7.5% |
| Aoba Ward, Sendai City | ￥285,714 | 16.6% |
| Taihaku Ward, Sendai City | ￥285,714 | 7.1% |
| Rifu Town, Miyagi County | ￥280,000 | 21.8% |
| Tomiya City | ￥260,000 | 4.0% |
| Izumi Ward, Sendai City | ￥254,253 | 5.9% |
| Natori City | ￥228,636 | 6.7% |
| Iwanuma City | ￥200,000 | -21.7% |
| Taiwa Town, Kurokawa County | ￥163,333 | -26.8% |
| Shibata Town, Shibata County | ￥160,000 | 10.1% |
| Shiogama City | ￥147,619 | -22.5% |
| Higashimatsushima City | ￥141,429 | 21.0% |
| Ishinomaki City | ￥126,666 | -12.9% |
| Osaki City | ￥91,428 | -28.0% |
| Ogawara Town, Shibata County | ￥90,000 | -49.1% |
| Tome City | ￥78,788 | -4.3% |
| Shiroishi City | ￥44,444 | -71.7% |
| Kurihara City | ￥30,000 | -33.3% |
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