Wakagicho, Suma Ward, Kobe City: property prices and land values

若木町(須磨区)

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

Avg. residential land price
¥271K/m²
≈ $159/sq ft · 1 sites
#1 of 41 neighborhoods
Avg. commercial land price
No data
1-year change
+3.4%
Residential +3.4% · commercial —
5 years / 10 years
+16.8% / +19.4%
Same sites, chained
Pre-owned condos per m²
¥486K/m²
70 m² ≈ ¥34.0M · 3 sales
Pre-owned houses (median)
¥51.0M
≈ $322K · 7 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

¥200K/m²¥250K/m²¥300K/m²¥350K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.8% a year
¥271K/m²¥276K/m²¥286K/m²¥296K/m²¥324K/m²

Forecasts are projections, not guarantees. 10-year range: ¥265K/m²–¥382K/m²

Wakagicho, Suma Ward, Kobe City compared with larger areas

AreaAvg. residential≈ USD/sq ftWakagicho, Suma Ward, Kobe City is1 year5 yearsCondos per m²Index
Wakagicho, Suma Ward, Kobe City ¥271K/m²$159/sq ft +3.4%+16.8% ¥486K/m²—
Suma Ward, Kobe City ¥154K/m²$90/sq ft 1.8x+2.9%+11.7% ¥188K/m²79
Kobe City ¥184K/m²$108/sq ft 1.5x+3.6%+14.2% ¥383K/m²—
Hyogo ¥138K/m²$81/sq ft 2.0x+2.2%+7.9% ¥343K/m²81
Japan ¥120K/m²$70/sq ft 2.3x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
兵庫県 神戸市須磨区若木町1丁目135番
Land Price Publication 2026
Residential¥271K/m²$159/sq ft +3.4%東須磨
250 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 10 sales

Condos per m² (median)
¥486K/m²
Condo price (median)
¥36.0M
Land & building (median)
¥51.0M
Land per m² (median)
—

Sales in the loaded period: Land & building 17 · Pre-owned condo 5 · Land 2

DistrictPeriodTypePriceAreaBuiltPer m²
WakagichoQ2 2026Pre-owned condo (contract) ¥36.0M75 m²2014¥480K/m²
WakagichoQ2 2026Land & building (contract) ¥45.0M110 m²2000—
WakagichoQ2 2026Pre-owned condo (contract) ¥36.0M70 m²2014¥514K/m²
WakagichoQ2 2026Land & building (contract) ¥57.0M140 m²2014—
WakagichoQ2 2026Land & building ¥37.0M65 m²2002—
WakagichoQ1 2026Land & building ¥87.0M120 m²2025—
WakagichoQ1 2026Land & building ¥21.0M65 m²2002—
WakagichoQ2 2025Land & building (contract) ¥51.0M100 m²2018—
WakagichoQ2 2025Land & building (contract) ¥55.0M145 m²2025—
WakagichoQ2 2025Pre-owned condo (contract) ¥34.0M70 m²2014¥486K/m²
WakagichoQ4 2024Land & building (contract) ¥50.0M140 m²1999—
WakagichoQ4 2024Land ¥87.0M240 m²—¥360K/m²
WakagichoQ4 2024Land & building ¥73.0M105 m²2024—
WakagichoQ4 2024Land & building ¥70.0M105 m²2025—
WakagichoQ3 2024Land ¥22.0M70 m²—¥310K/m²
WakagichoQ3 2024Land & building ¥74.0M140 m²2024—
WakagichoQ3 2024Land & building ¥43.0M125 m²2004—
WakagichoQ3 2024Land & building (contract) ¥6.2M35 m²1967—
WakagichoQ2 2024Pre-owned condo (contract) ¥34.0M70 m²2014¥486K/m²
WakagichoQ2 2024Land & building (contract) ¥60.0M105 m²2011—

Nearby neighborhoods

FAQ

What is the average land price in Wakagicho, Suma Ward, Kobe City?

The average price of residential land in Wakagicho, Suma Ward, Kobe City is ¥271,000 per m² (about ¥895,868 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Wakagicho, Suma Ward, Kobe City going up?

Land prices in Wakagicho, Suma Ward, Kobe City have risen by +3.4% on average over the past year. Over five years the change is +16.8%.

How much do pre-owned condos cost in Wakagicho, Suma Ward, Kobe City?

The median price of pre-owned condo transactions in the last two years is ¥485,714 per m², with a median price of ¥36.0 million (3 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Wakagicho, Suma Ward, Kobe City?

The Fudosan Zukan model projects residential land prices to change by +1.8% a year, reaching about ¥323,550 per m² in 10 years (range ¥265,311–¥381,789). 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.