Nigatahommachi, Kure City: property prices and land values

仁方本町(呉市)

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

Avg. residential land price
¥39K/m²
≈ $23/sq ft · 1 sites
#29 of 55 neighborhoods
Avg. commercial land price
¥52K/m²
≈ $30/sq ft · 1 sites
1-year change
−1.1%
Residential −0.8% · commercial −1.5%
5 years / 10 years
−9.0% / −21.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥15.0M
≈ $95K · 3 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

¥25K/m²¥50K/m²¥75K/m²¥100K/m²¥125K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.4% a year
¥39K/m²¥38K/m²¥37K/m²¥36K/m²¥34K/m²

Forecasts are projections, not guarantees. 10-year range: ¥28K/m²–¥40K/m²

Nigatahommachi, Kure City compared with larger areas

AreaAvg. residential≈ USD/sq ftNigatahommachi, Kure City is1 year5 yearsCondos per m²Index
Nigatahommachi, Kure City ¥39K/m²$23/sq ft −1.1%−9.0% ——
Kure City ¥54K/m²$31/sq ft 0.73x−0.5%−4.7% ¥227K/m²54
Hiroshima ¥84K/m²$49/sq ft 0.46x+1.5%+4.9% ¥323K/m²72
Japan ¥120K/m²$70/sq ft 0.32x+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 呉市仁方本町1丁目1423番5外
Land Price Publication 2026
Commercial¥52K/m²$30/sq ft −1.5%仁方
350 m
広島県 呉市仁方本町1丁目874番9
Land Price Publication 2026
Residential¥39K/m²$23/sq ft −0.8%仁方
750 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 3 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥15.0M
Land per m² (median)
—

Sales in the loaded period: Land & building 11 · Land 3

DistrictPeriodTypePriceAreaBuiltPer m²
NigatahommachiQ3 2025Land & building ¥5.0M130 m²——
NigatahommachiQ2 2025Land & building ¥15.0M220 m²1996—
NigatahommachiQ1 2025Land & building (contract) ¥21.0M190 m²2024—
NigatahommachiQ4 2024Land & building (contract) ¥24.0M205 m²2024—
NigatahommachiQ3 2024Land & building ¥4.5M330 m²——
NigatahommachiQ3 2024Land ¥6.5M150 m²—¥43K/m²
NigatahommachiQ2 2024Land & building (contract) ¥25.0M165 m²2023—
NigatahommachiQ1 2024Land & building ¥9.8M140 m²2001—
NigatahommachiQ1 2024Land ¥1.8M90 m²—¥20K/m²
NigatahommachiQ4 2023Land & building (contract) ¥25.0M145 m²2023—
NigatahommachiQ4 2023Land & building (contract) ¥22.0M130 m²2023—
NigatahommachiQ4 2023Land & building ¥23.0M145 m²2023—
NigatahommachiQ4 2023Land ¥600K40 m²—¥14K/m²
NigatahommachiQ4 2023Land & building ¥25.0M330 m²2008—

Nearby neighborhoods

FAQ

What is the average land price in Nigatahommachi, Kure City?

The average price of residential land in Nigatahommachi, Kure City is ¥38,800 per m² (about ¥128,264 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nigatahommachi, Kure City going up?

Land prices in Nigatahommachi, Kure City have fallen by -1.1% on average over the past year. Over five years the change is -9.0%.

What is the land price forecast for Nigatahommachi, Kure City?

The Fudosan Zukan model projects residential land prices to change by -1.4% a year, reaching about ¥33,867 per m² in 10 years (range ¥27,771–¥39,963). 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.