Nishiwaki City: property prices and land values

西脇市

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

Avg. residential land price
¥19K/m²
≈ $11/sq ft · 14 sites
#1020 of 1795 municipalities in Japan
Avg. commercial land price
¥52K/m²
≈ $30/sq ft · 3 sites
1-year change
−0.5%
Residential −0.6% · commercial −0.1%
5 years / 10 years
−3.3% / −8.9%
Same sites, chained
Pre-owned condos per m²
¥109K/m²
70 m² ≈ ¥7.6M · 4 sales
Pre-owned houses (median)
¥7.8M
≈ $49K · 88 sales
Real Estate Zukan Index
41/100
#1023 in Japan
Total real estate value Estimate
¥236.3 billion
≈ $1.5B · land ¥152.7 billion + buildings ¥83.6 billion
#658 of 1719 municipalities

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

¥0/m²¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.5% a year
¥19K/m²¥19K/m²¥19K/m²¥19K/m²¥18K/m²

Forecasts are projections, not guarantees. 10-year range: ¥15K/m²–¥22K/m²

Total real estate value of Nishiwaki City land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥236.3 billion
≈ $1.5B · 0.02% of Japan
Land (market estimate)
¥152.7 billion
residential land ¥137.1 billion
Buildings (assessed)
¥83.6 billion
34,803 buildings · 4.0 km² floor area
Assessed value (fixed-asset tax)
¥195.2 billion
land ¥111.5 billion · buildings ¥83.6 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥96.0 billion¥137.1 billion8.9 km²¥15K/m²
Other land
farmland, forest, other
¥15.6 billion¥15.6 billion63.7 km²—
Buildings
wooden ¥38.5 billion · non-wooden ¥45.1 billion
¥83.6 billion¥83.6 billion4.0 km² floor—
Total¥195.2 billion¥236.3 billion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Nishiwaki City compared with larger areas

AreaAvg. residential≈ USD/sq ftNishiwaki City is1 year5 yearsCondos per m²Index
Nishiwaki City ¥19K/m²$11/sq ft −0.5%−3.3% ¥109K/m²41
Hyogo ¥138K/m²$81/sq ft 0.14x+2.2%+7.9% ¥343K/m²81
Japan ¥120K/m²$70/sq ft 0.16x+2.1%+8.0% ¥493K/m²—

Neighborhoods 51 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Nomuracho
野村町
¥32K/m² ¥53K/m² −0.1% −1.0% — 27
Kodaicho
高田井町
¥24K/m² ¥57K/m² −0.4% −5.5% — 6
Nishiwaki
西脇
¥24K/m² — ±0.0% — ¥109K/m² 30
Wabucho
和布町
¥22K/m² — −0.9% −6.0% — 1
Gonosecho
郷瀬町
¥22K/m² — −0.9% −10.3% — 5
Sakamoto
坂本
¥15K/m² — −0.7% −3.9% — 1
比延町
比延町
¥14K/m² — −0.7% −3.3% — —
Kurodashochooka
黒田庄町岡
¥13K/m² — −0.8% −3.8% — 1
野中町
野中町
¥11K/m² — −0.9% −4.2% — —
Mizuocho
水尾町
¥9,800/m² — −1.0% −4.9% — 3
中畑町
中畑町
¥8,250/m² — −0.6% −2.9% — —
Kurodashochokuroda
黒田庄町黒田
¥8,100/m² — −0.6% −3.0% — 1
Wadacho
和田町
— — — — — 11
Ogachi
大垣内
— — — — — 2
Kosakacho
小坂町
— — — — — 3
Ueno
上野
— ¥46K/m² −0.2% −1.1% — 3
Shimotoda
下戸田
— — — — — 3
Takamatsucho
高松町
— — — — — 7
Nomurachoakanegaoka
野村町茜が丘
— — — — — 6
Kurodashochoishihara
黒田庄町石原
— — — — — 2
Terauchi
寺内
— — — — — 6
Kurodashochofunamachi
黒田庄町船町
— — — — — 3
Ono
大野
— — — — — 2
Shima
嶋
— — — — — 4
Tanicho
谷町
— — — — — 2
Kurodashochofukuji
黒田庄町福地
— — — — — 2
Kurodashochokita
黒田庄町喜多
— — — — — 2
Shikanocho
鹿野町
— — — — — 1
Myorakujicho
明楽寺町
— — — — — 1
Kurodashochotsumai
黒田庄町津万井
— — — — — 1
Kurodashochomaesaka
黒田庄町前坂
— — — — — 1
Ayamacho
合山町
— — — — — —
Kamihiecho
上比延町
— — — — — 1
Kurodashochomonryu
黒田庄町門柳
— — — — — —
Kurodashochonishizawa
黒田庄町西澤
— — — — — —
Yasakacho
八坂町
— — — — — 1
Tsuma
津万
— — — — — 1
Horicho
堀町
— — — — — 1
Tomitacho
富田町
— — — — — 1
Ochikatacho
落方町
— — — — — 2
Nishidacho
西田町
— — — — — 2
Kurodashochoofushi
黒田庄町大伏
— — — — — 1
Deaicho
出会町
— — — — — 1
Hiranocho
平野町
— — — — — 1
Sumiyoshicho
住吉町
— — — — — —
Ogicho
大木町
— — — — — —
Kamiojicho
上王子町
— — — — — —
Kurodashochotako
黒田庄町田高
— — — — — 1
Hayasucho
羽安町
— — — — — —
Takashimacho
高嶋町
— — — — — 1
Kamitoda
上戸田
— — — — — 1

Official land price survey sites highest first · 17 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
兵庫県 西脇市高田井町字永長52番11
Prefectural Survey 2026
Commercial¥57K/m²$34/sq ft ±0.0%県道沿いに店舗を中心に倉庫等も見られる路線商業地域
兵庫県 西脇市野村町字大門1301番
Land Price Publication 2026
Commercial¥53K/m²$31/sq ft ±0.0%西脇市
900 m
兵庫県 西脇市上野字東谷83番1
Prefectural Survey 2026
Commercial¥46K/m²$27/sq ft −0.2%低層の店舗のほか共同住宅も見られる商業地域
兵庫県 西脇市野村町字苦木1795番275
Land Price Publication 2026
Residential¥34K/m²$20/sq ft ±0.0%西脇市
1.3 km
兵庫県 西脇市野村町字大日ノ上1236番5
Land Price Publication 2026
Residential¥33K/m²$19/sq ft ±0.0%西脇市
500 m
兵庫県 西脇市野村町字緑風台1815番32
Land Price Publication 2026
Residential¥30K/m²$17/sq ft −0.3%西脇市
2.8 km
兵庫県 西脇市高田井町字上掛田253番88
Prefectural Survey 2026
Residential¥24K/m²$14/sq ft −0.8%中規模一般住宅が建ち並ぶ既成住宅地域
兵庫県 西脇市西脇字平塚55番5
Land Price Publication 2026
Residential¥24K/m²$14/sq ft ±0.0%新西脇
950 m
兵庫県 西脇市和布町字山根102番
Prefectural Survey 2026
Residential¥22K/m²$13/sq ft −0.9%中規模一般住宅が建ち並ぶ既成住宅地域
兵庫県 西脇市郷瀬町字河原山665番229
Land Price Publication 2026
Residential¥22K/m²$13/sq ft −0.9%新西脇
2.4 km
兵庫県 西脇市坂本字坂本337番3
Land Price Publication 2026
Residential¥15K/m²$9/sq ft −0.7%日本へそ公園
1.8 km
兵庫県 西脇市比延町字前田19番2外
Land Price Publication 2026
Residential¥14K/m²$9/sq ft −0.7%比延
700 m
兵庫県 西脇市黒田庄町岡字二ノ門354番7
Prefectural Survey 2026
Residential¥13K/m²$7/sq ft −0.8%農家住宅、一般住宅、事業所等が混在する住宅地域
兵庫県 西脇市野中町字国影21番2
Land Price Publication 2026
Residential¥11K/m²$7/sq ft −0.9%西脇市
6.6 km
兵庫県 西脇市水尾町字大門704番
Prefectural Survey 2026
Residential¥9,800/m²$6/sq ft −1.0%一般住宅、農家住宅のほか農地も見られる住宅地域
兵庫県 西脇市中畑町字滝ノカタ426番3外
Prefectural Survey 2026
Residential¥8,250/m²$5/sq ft −0.6%農家住宅が見られる農地の多い住宅地域
兵庫県 西脇市黒田庄町黒田字南ノ内360番3
Prefectural Survey 2026
Residential¥8,100/m²$5/sq ft −0.6%中規模の農村住宅が多い既成住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 152 sales

Condos per m² (median)
¥109K/m²
Condo price (median)
¥6.2M
Land & building (median)
¥7.8M
Land per m² (median)
¥9,650/m²

Sales in the loaded period: Land & building 148 · Land 83 · Farmland 35 · Forest 7 · Pre-owned condo 4

DistrictPeriodTypePriceAreaBuiltPer m²
WadachoQ2 2026Land & building (contract) ¥1.5M105 m²1971—
WadachoQ2 2026Land & building ¥1.9M100 m²1971—
UenoQ2 2026Land & building ¥17.0M400 m²2004—
NishiwakiQ2 2026Pre-owned condo (contract) ¥3.0M60 m²1992¥50K/m²
KodaichoQ2 2026Land & building (contract) ¥7.2M165 m²1999—
KodaichoQ2 2026Land & building (contract) ¥29.0M300 m²2009—
KodaichoQ2 2026Land & building (contract) ¥1.6M255 m²1962—
NishiwakiQ2 2026Land ¥4.9M140 m²—¥35K/m²
NishiwakiQ2 2026Land ¥2.1M60 m²—¥35K/m²
NomurachoakanegaokaQ2 2026Land & building (contract) ¥19.0M175 m²2005—
NomurachoQ2 2026Land & building (contract) ¥18.0M135 m²2019—
NomurachoQ2 2026Land & building (contract) ¥2.9M215 m²1979—
NomurachoQ2 2026Land & building ¥24.0M240 m²2024—
WabuchoQ2 2026Land & building ¥17.0M155 m²2026—
WadachoQ1 2026Land & building (contract) ¥2.8M90 m²1977—
WadachoQ1 2026Land ¥37.0M1,000 m²—¥36K/m²
WadachoQ1 2026Land & building ¥4.8M300 m²2009—
NishiwakiQ1 2026Land & building (contract) ¥17.0M200 m²2017—
NishiwakiQ1 2026Land & building (contract) ¥21.0M170 m²2026—
NishiwakiQ1 2026Land & building (contract) ¥23.0M155 m²2026—

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
50
1-year growth
43
5-year growth
43
10-year growth
43
Price level
43
Condo price level
8

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Nishiwaki City?

The average price of residential land in Nishiwaki City is ¥19,111 per m² (about ¥63,177 per tsubo), based on 14 sites in the official land price surveys (2026).

Are land prices in Nishiwaki City going up?

Land prices in Nishiwaki City have fallen by -0.5% on average over the past year. Over five years the change is -3.3%.

How much do pre-owned condos cost in Nishiwaki City?

The median price of pre-owned condo transactions in the last two years is ¥109,090 per m², with a median price of ¥6.2 million (4 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Nishiwaki City?

The Fudosan Zukan model projects residential land prices to change by -0.5% a year, reaching about ¥18,260 per m² in 10 years (range ¥14,973–¥21,547). Forecasts are projections, not guarantees.

What is the total value of real estate in Nishiwaki City?

About ¥236.3 billion: land ¥152.7 billion and buildings ¥83.6 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥195.2 billion).

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.