Narazucho, Fukuyama City: property prices and land values

奈良津町(福山市)

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

Avg. residential land price
¥48K/m²
≈ $28/sq ft · 1 sites
#38 of 68 neighborhoods
Avg. commercial land price
No data
1-year change
+1.1%
Residential +1.1% · commercial —
5 years / 10 years
+3.5% / +2.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥25.0M
≈ $159K · 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

¥40K/m²¥50K/m²¥60K/m²¥70K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.4% a year
¥48K/m²¥48K/m²¥50K/m²¥51K/m²¥54K/m²

Forecasts are projections, not guarantees. 10-year range: ¥45K/m²–¥64K/m²

Narazucho, Fukuyama City compared with larger areas

AreaAvg. residential≈ USD/sq ftNarazucho, Fukuyama City is1 year5 yearsCondos per m²Index
Narazucho, Fukuyama City ¥48K/m²$28/sq ft +1.1%+3.5% ——
Fukuyama City ¥50K/m²$30/sq ft 0.95x+2.3%+8.1% ¥276K/m²77
Hiroshima ¥84K/m²$50/sq ft 0.57x+1.5%+4.9% ¥323K/m²72
Japan ¥120K/m²$71/sq ft 0.40x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
広島県 福山市奈良津町3丁目1009番3外
Land Price Publication 2026
Residential¥48K/m²$28/sq ft +1.1%福山
2.6 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 17 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥25.0M
Land per m² (median)
¥110K/m²

Sales in the loaded period: Land 12 · Land & building 6 · Pre-owned condo 1

DistrictPeriodTypePriceAreaBuiltPer m²
NarazuchoQ1 2026Land & building ¥8.5M500 m²1971—
NarazuchoQ1 2026Land ¥18.0M155 m²—¥110K/m²
NarazuchoQ4 2025Land ¥10.0M230 m²—¥45K/m²
NarazuchoQ4 2025Land ¥6.0M80 m²—¥76K/m²
NarazuchoQ3 2025Land ¥140.0M9,999 m²—¥50K/m²
NarazuchoQ3 2025Land & building ¥14.0M290 m²——
NarazuchoQ3 2025Land ¥4.4M35 m²—¥120K/m²
NarazuchoQ2 2025Land & building (contract) ¥36.0M145 m²2025—
NarazuchoQ2 2025Pre-owned condo (contract) ¥11.0M60 m²1994¥183K/m²
NarazuchoQ2 2025Land ¥16.0M125 m²—¥130K/m²
NarazuchoQ2 2025Land ¥6.3M65 m²—¥100K/m²
NarazuchoQ2 2025Land ¥5.8M45 m²—¥130K/m²
NarazuchoQ2 2025Land ¥5.5M40 m²—¥130K/m²
NarazuchoQ2 2025Land ¥14.0M110 m²—¥130K/m²
NarazuchoQ2 2025Land ¥11.0M95 m²—¥110K/m²
NarazuchoQ2 2025Land & building ¥36.0M140 m²2025—
NarazuchoQ1 2025Land ¥5.5M60 m²—¥94K/m²
NarazuchoQ2 2024Land & building (contract) ¥11.0M290 m²1994—
NarazuchoQ4 2023Land & building (contract) ¥9.5M330 m²1967—

Nearby neighborhoods

FAQ

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

The average price of residential land in Narazucho, Fukuyama City is ¥47,600 per m² (about ¥157,355 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Narazucho, Fukuyama City going up?

Land prices in Narazucho, Fukuyama City have risen by +1.1% on average over the past year. Over five years the change is +3.5%.

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

The Fudosan Zukan model projects residential land prices to change by +1.4% a year, reaching about ¥54,441 per m² in 10 years (range ¥44,642–¥64,240). 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 ¥157.25 = $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.