Minamizaocho, Fukuyama City: property prices and land values

南蔵王町(福山市)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥91K/m²
≈ $53/sq ft · 2 sites
#12 of 68 neighborhoods
Avg. commercial land price
¥134K/m²
≈ $79/sq ft · 1 sites
1-year change
+4.3%
Residential +4.0% · commercial +4.7%
5 years / 10 years
+16.6% / +21.2%
Same sites, chained
Pre-owned condos per m²
¥230K/m²
70 m² ≈ ¥16.1M · 5 sales
Pre-owned houses (median)
¥38.0M
≈ $240K · 4 sales
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥60K/m²¥80K/m²¥100K/m²¥120K/m²¥140K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+2.6% a year
¥91K/m²¥93K/m²¥98K/m²¥104K/m²¥118K/m²

Forecasts are projections, not guarantees. 10-year range: ¥96K/m²–¥139K/m²

Minamizaocho, Fukuyama City compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamizaocho, Fukuyama City is1 year5 yearsCondos per m²Index
Minamizaocho, Fukuyama City ¥91K/m²$53/sq ft +4.3%+16.6% ¥230K/m²—
Fukuyama City ¥50K/m²$29/sq ft 1.8x+2.3%+8.1% ¥276K/m²77
Hiroshima ¥84K/m²$49/sq ft 1.1x+1.5%+4.9% ¥323K/m²72
Japan ¥120K/m²$70/sq ft 0.76x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
広島県 福山市南蔵王町5丁目101番
Land Price Publication 2026
Commercial¥134K/m²$79/sq ft +4.7%東福山
1.4 km
広島県 福山市南蔵王町6丁目350番
Land Price Publication 2026
Residential¥91K/m²$54/sq ft +4.1%東福山
700 m
広島県 福山市南蔵王町2丁目153番
Land Price Publication 2026
Residential¥91K/m²$53/sq ft +4.0%東福山
2.0 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 12 sales

Condos per m² (median)
¥230K/m²
Condo price (median)
¥23.0M
Land & building (median)
¥38.0M
Land per m² (median)
¥100K/m²

Sales in the loaded period: Pre-owned condo 22 · Land & building 15 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
MinamizaochoQ2 2026Pre-owned condo (contract) ¥30.0M85 m²2013¥353K/m²
MinamizaochoQ2 2026Pre-owned condo (contract) ¥30.0M95 m²2006¥316K/m²
MinamizaochoQ4 2025Land & building (contract) ¥36.0M185 m²——
MinamizaochoQ4 2025Pre-owned condo ¥12.0M60 m²1989¥200K/m²
MinamizaochoQ3 2025Pre-owned condo ¥15.0M70 m²1997¥214K/m²
MinamizaochoQ3 2025Land ¥26.0M210 m²—¥120K/m²
MinamizaochoQ3 2025Land ¥44.0M430 m²—¥100K/m²
MinamizaochoQ3 2025Land & building ¥40.0M630 m²——
MinamizaochoQ2 2025Land & building ¥82.0M1,000 m²2006—
MinamizaochoQ1 2025Pre-owned condo ¥23.0M100 m²2010¥230K/m²
MinamizaochoQ1 2025Land & building ¥9.0M120 m²1980—
MinamizaochoQ1 2025Land ¥38.0M360 m²—¥100K/m²
MinamizaochoQ4 2024Pre-owned condo (contract) ¥24.0M100 m²2008¥240K/m²
MinamizaochoQ4 2024Land & building (contract) ¥5.0M115 m²1977—
MinamizaochoQ4 2024Pre-owned condo (contract) ¥16.0M75 m²1998¥213K/m²
MinamizaochoQ4 2024Land & building ¥20.0M310 m²——
MinamizaochoQ4 2024Land & building ¥40.0M140 m²2017—
MinamizaochoQ4 2024Land ¥90.0M770 m²—¥120K/m²
MinamizaochoQ4 2024Land ¥33.0M380 m²—¥87K/m²
MinamizaochoQ3 2024Pre-owned condo (contract) ¥25.0M105 m²2006¥238K/m²

Nearby neighborhoods

FAQ

What is the average land price in Minamizaocho, Fukuyama City?

The average price of residential land in Minamizaocho, Fukuyama City is ¥91,100 per m² (about ¥301,157 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Minamizaocho, Fukuyama City going up?

Land prices in Minamizaocho, Fukuyama City have risen by +4.3% on average over the past year. Over five years the change is +16.6%.

How much do pre-owned condos cost in Minamizaocho, Fukuyama City?

The median price of pre-owned condo transactions in the last two years is ¥230,000 per m², with a median price of ¥23.0 million (5 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Minamizaocho, Fukuyama City?

The Fudosan Zukan model projects residential land prices to change by +2.6% a year, reaching about ¥117,600 per m² in 10 years (range ¥96,432–¥138,768). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥158.29 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.