Nishimachi, Fukuyama City: property prices and land values

西町(福山市)

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

Avg. residential land price
¥144K/m²
≈ $85/sq ft · 1 sites
#1 of 68 neighborhoods
Avg. commercial land price
¥138K/m²
≈ $81/sq ft · 1 sites
1-year change
+6.0%
Residential +6.7% · commercial +5.3%
5 years / 10 years
+27.0% / +39.6%
Same sites, chained
Pre-owned condos per m²
¥192K/m²
70 m² ≈ ¥13.4M · 10 sales
Pre-owned houses (median)
¥29.0M
≈ $184K · 5 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

¥50K/m²¥100K/m²¥150K/m²¥200K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.9% a year
¥144K/m²¥150K/m²¥162K/m²¥175K/m²¥212K/m²

Forecasts are projections, not guarantees. 10-year range: ¥174K/m²–¥250K/m²

Nishimachi, Fukuyama City compared with larger areas

AreaAvg. residential≈ USD/sq ftNishimachi, Fukuyama City is1 year5 yearsCondos per m²Index
Nishimachi, Fukuyama City ¥144K/m²$85/sq ft +6.0%+27.0% ¥192K/m²—
Fukuyama City ¥50K/m²$30/sq ft 2.9x+2.3%+8.1% ¥276K/m²77
Hiroshima ¥84K/m²$49/sq ft 1.7x+1.5%+4.9% ¥323K/m²72
Japan ¥120K/m²$70/sq ft 1.2x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
広島県 福山市西町3丁目39番
Land Price Publication 2026
Residential¥144K/m²$85/sq ft +6.7%福山
800 m
広島県 福山市西町2丁目121番2外
Prefectural Survey 2026
Commercial¥138K/m²$81/sq ft +5.3%事務所、店舗のほかに一般住宅も散見される商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 16 sales

Condos per m² (median)
¥192K/m²
Condo price (median)
¥12.5M
Land & building (median)
¥29.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 28 · Land & building 7 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
NishimachiQ2 2026Pre-owned condo ¥4.5M70 m²1974¥64K/m²
NishimachiQ1 2026Land & building ¥29.0M120 m²1987—
NishimachiQ4 2025Pre-owned condo (contract) ¥11.0M60 m²1990¥183K/m²
NishimachiQ4 2025Land & building ¥250.0M330 m²2025—
NishimachiQ4 2025Land ¥6.0M75 m²—¥80K/m²
NishimachiQ3 2025Pre-owned condo (contract) ¥30.0M85 m²1991¥353K/m²
NishimachiQ3 2025Pre-owned condo (contract) ¥14.0M70 m²1996¥200K/m²
NishimachiQ3 2025Pre-owned condo ¥5.0M30 m²1974¥167K/m²
NishimachiQ3 2025Land & building ¥32.0M150 m²1987—
NishimachiQ3 2025Land & building ¥7.0M120 m²1969—
NishimachiQ3 2025Land & building ¥18.0M175 m²——
NishimachiQ2 2025Pre-owned condo (contract) ¥25.0M85 m²2000¥294K/m²
NishimachiQ2 2025Pre-owned condo (contract) ¥16.0M70 m²2000¥229K/m²
NishimachiQ2 2025Pre-owned condo (contract) ¥9.8M60 m²1990¥163K/m²
NishimachiQ2 2025Pre-owned condo (contract) ¥2.7M20 m²1990¥135K/m²
NishimachiQ1 2025Pre-owned condo ¥33.0M85 m²2000¥388K/m²
NishimachiQ4 2024Pre-owned condo (contract) ¥3.8M35 m²1974¥109K/m²
NishimachiQ4 2024Pre-owned condo (contract) ¥16.0M70 m²2000¥229K/m²
NishimachiQ4 2024Pre-owned condo ¥32.0M85 m²2000¥376K/m²
NishimachiQ4 2024Pre-owned condo ¥19.0M85 m²2000¥224K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Nishimachi, Fukuyama City is ¥144,000 per m² (about ¥476,033 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nishimachi, Fukuyama City going up?

Land prices in Nishimachi, Fukuyama City have risen by +6.0% on average over the past year. Over five years the change is +27.0%.

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

The median price of pre-owned condo transactions in the last two years is ¥191,666 per m², with a median price of ¥12.5 million (10 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +3.9% a year, reaching about ¥211,887 per m² in 10 years (range ¥173,747–¥250,027). 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 ¥157.9 = $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.