Zuihoden, Sendai, Miyagi
Photo: Zuihoden, Sendai, Miyagi · Shino Nakamura / Unsplash

Shibata Town, Shibata County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 57

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 9.6% a year over the last five years.

  2. 2
    Lagging Miyagi

    Per m², houses here are 55% below the Miyagi average.

  3. 3
    Station distance barely matters

    Houses 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

  4. 4
    What a typical purchase costs

    Half of all house sales last year were between ¥5.7M and ¥18.5M.

The answers, compared

What does a home cost?

¥13.0M

median house · ¥67k/m²

68% below the Miyagi median

13 of 19 areas in Miyagi, highest first

Can local earners afford it?

4.3× income

median price ÷ average taxable income

Easier than Miyagi (5.7×)

16 of 24 areas in Miyagi, highest first

Rent or buy?

23years of rent

median price ÷ a year of median rent

Shorter than Miyagi (32)

17 of 24 areas in Miyagi, highest first

Are people moving in?

-4.0%

population, 2020–25

Shrinking faster than Miyagi (-3.2%)

13 of 24 areas in Miyagi, highest first

How risky is it?

35%

chance of strong shaking (6-lower+) in 30 years

Higher than Miyagi (26%)

13 of 24 areas in Miyagi, highest first

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 9.6% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Lagging Miyagi

Per m², houses here are 55% below the Miyagi average. Ten years ago the gap was 30%, so Shibata Town, Shibata County has been falling behind the rest of Miyagi.

Station distance barely matters

Houses 11–15 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

What a typical purchase costs

Half of all house sales last year were between ¥5.7M and ¥18.5M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4% between 2020 and 2025 (−3.2% for the wider area). Moves in and out roughly balanced in 2025. Households still grew 2.2% as people live in smaller households, which supports demand for smaller homes even as the population shrinks.

Typical vacancy

15.2% of homes were empty in 2023 (12.4% for the wider area), and 6.7% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Moderate earthquake risk

The government's seismic model gives a 35% chance of shaking of intensity 6-lower or stronger in the next 30 years (26% for the wider area). Post-1981 buildings are designed for this level of shaking, but check ground conditions and insurance.

Local incomes are below average

Taxpayers here reported an average taxable income of ¥3.0m in 2023 (¥3.5m for the wider area). That is +14% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Living in Shibata Town, Shibata County: people, homes and risks

Population 2025
36,755
-4.0% since 2020
Miyagi: -3.2%
Net moves in 2025
-21
-0.57 per 1,000 residents
Miyagi: -0.92
Vacant homes (2023)
15.2%
6.7% empty and not for rent or sale
Miyagi: 12.4%
Median rent (2023)
¥47k
per month, all rented homes
Miyagi: ¥52k
Strong earthquake risk
34.8%
chance of shaking of intensity 6-lower or more within 30 years
Miyagi: 26.3%
Average income per taxpayer
¥3.0M
taxable income in 2023
Miyagi: ¥3.5M
Daytime population
89
people here by day per 100 residents (2020 census)
Foreign residents
0.6%
233 registered residents in 2024
Miyagi: 1.3%
Clinics
6.0
per 10,000 residents; 2 hospitals, 14 dental clinics (2020)
Miyagi: 7.7
Official land price 2026
¥33k/m²
-0.7% in a year · – in 5 years
Miyagi: ¥78k/m²
Flood exposure
66.7%
of 3 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Miyagi: 36.2%
Landslide exposure
0.0%
of 3 benchmark sites in a landslide warning area
Miyagi: 1.5%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Example sales in Shibata Town, Shibata County

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

House

Lower-priced2026 Q1

¥3.5M

¥70k/m²

  • Tsukinokinishi
  • Tsukinoki · 16 min walk
  • Land 155 m² · floor 50 m²
  • Built 1994 (32 yrs) · Wood
Typical2026 Q2

¥14.0M

¥64k/m²

  • Oaza Kaminomyo
  • Funaoka(Miyagi) · 29 min walk
  • Land 730 m² · floor 220 m²
  • Built 1988 (38 yrs) · Steel
Higher-priced2026 Q1

¥20.0M

¥190k/m²

  • Oaza Funaoka
  • Taishido · 16 min walk
  • Land 150 m² · floor 105 m²
  • Built 2025 (1 yrs) · Wood
Median transaction price by year
¥0¥10.0M¥20.0M¥30.0M20062008201020122014201620182020202220242026
Show data table
YearHouse
2006–
2007¥10.5M
2008¥10.0M
2009¥13.0M
2010¥16.0M
2011¥14.0M
2012¥17.0M
2013¥18.5M
2014¥13.0M
2015¥20.0M
2016¥20.5M
2017¥21.0M
2018¥19.0M
2019¥19.0M
2020¥17.0M
2021¥20.0M
2022¥11.0M
2023¥18.0M
2024¥16.5M
2025¥13.0M
2026 (partial)¥14.5M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k20062008201020122014201620182020202220242026
Show data table
YearHouseLand
2006–¥36k/m²
2007¥110k/m²¥35k/m²
2008¥91k/m²¥3k/m²
2009¥105k/m²¥22k/m²
2010¥123k/m²¥22k/m²
2011¥92k/m²–
2012¥135k/m²¥26k/m²
2013¥185k/m²¥27k/m²
2014¥123k/m²¥26k/m²
2015¥162k/m²¥26k/m²
2016¥190k/m²¥34k/m²
2017¥191k/m²¥25k/m²
2018¥167k/m²¥24k/m²
2019¥145k/m²¥28k/m²
2020¥167k/m²¥33k/m²
2021¥184k/m²¥21k/m²
2022¥95k/m²¥22k/m²
2023¥131k/m²¥27k/m²
2024¥122k/m²¥31k/m²
2025¥67k/m²–
2026 (partial)¥138k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥219k/m²
1¥200k/m²
50¥25k/m²

Prices near train stations in Shibata Town, Shibata County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Funaoka(Miyagi) (船岡(宮城))––¥17.0M10765,836-12% vs 2019
Tsukinoki (槻木)––¥7.0M12316,108-8% vs 2019
Higashifunaoka (東船岡)––¥19.0M1214161+6% vs 2019
Ogawara(Miyagi) (大河原(宮城))––¥16.0M15136,110-9% vs 2019

How much does a house cost in Shibata Town, Shibata County?

The median house sale, including the land, was ¥13.0M in 2025 across 39 sales.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.