Miyagi — Sendai City, Wakabayashi Ward — property transactions and local prices

Based on published MLIT transaction data, Miyagi — Sendai City, Wakabayashi Ward transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 245 records

Median sale price
JPY 35,000,000
Median price per m²
JPY 150,000/㎡

Valid prices: 245 records/Valid unit prices: 245 records

Land and building

Transactions: 413 records

Median sale price
JPY 42,000,000
Median price per m²
—

Valid prices: 413 records/Valid unit prices: 0 records

Condominium

Transactions: 236 records

Median sale price
JPY 17,000,000
Median price per m²
—

Valid prices: 236 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 70 records/JPY 175,000/㎡ 154 records/— 88 records/—
2024 91 records/JPY 160,000/㎡ 137 records/— 72 records/—
2023 84 records/JPY 140,000/㎡ 122 records/— 76 records/—
2022 99 records/JPY 150,000/㎡ 132 records/— 64 records/—
2021 95 records/JPY 130,000/㎡ 171 records/— 87 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 90,000/㎡ (Valid: 128 records)
2017
JPY 95,000/㎡ (Valid: 112 records)
2018
JPY 120,000/㎡ (Valid: 92 records)
2019
JPY 120,000/㎡ (Valid: 102 records)
2020
JPY 115,000/㎡ (Valid: 118 records)
2021
JPY 130,000/㎡ (Valid: 95 records)
2022
JPY 150,000/㎡ (Valid: 99 records)
2023
JPY 140,000/㎡ (Valid: 84 records)
2024
JPY 160,000/㎡ (Valid: 91 records)
2025
JPY 175,000/㎡ (Valid: 70 records)

Land and building: — median sale price

2016
JPY 38,000,000 (Valid: 190 records)
2017
JPY 39,000,000 (Valid: 208 records)
2018
JPY 37,000,000 (Valid: 210 records)
2019
JPY 36,500,000 (Valid: 150 records)
2020
JPY 36,000,000 (Valid: 159 records)
2021
JPY 38,000,000 (Valid: 171 records)
2022
JPY 41,500,000 (Valid: 132 records)
2023
JPY 43,000,000 (Valid: 122 records)
2024
JPY 43,000,000 (Valid: 137 records)
2025
JPY 41,500,000 (Valid: 154 records)

Condominium: — median sale price

2016
JPY 15,000,000 (Valid: 104 records)
2017
JPY 16,000,000 (Valid: 99 records)
2018
JPY 15,000,000 (Valid: 97 records)
2019
JPY 15,000,000 (Valid: 76 records)
2020
JPY 18,000,000 (Valid: 104 records)
2021
JPY 18,000,000 (Valid: 87 records)
2022
JPY 17,000,000 (Valid: 64 records)
2023
JPY 16,500,000 (Valid: 76 records)
2024
JPY 18,000,000 (Valid: 72 records)
2025
JPY 18,000,000 (Valid: 88 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.