Shimocho, Isogo Ward, Yokohama City: property prices and land values

下町(磯子区)

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

Avg. residential land price
¥259K/m²
≈ $152/sq ft · 1 sites
#2 of 15 neighborhoods
Avg. commercial land price
No data
1-year change
+4.0%
Residential +4.0% · commercial —
5 years / 10 years
+14.6% / +23.9%
Same sites, chained
Pre-owned condos per m²
¥493K/m²
70 m² ≈ ¥34.5M · 5 sales
Pre-owned houses (median)
¥29.0M
≈ $183K · 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

¥150K/m²¥200K/m²¥250K/m²¥300K/m²¥350K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+2.0% a year
¥259K/m²¥264K/m²¥275K/m²¥286K/m²¥315K/m²

Forecasts are projections, not guarantees. 10-year range: ¥259K/m²–¥372K/m²

Shimocho, Isogo Ward, Yokohama City compared with larger areas

AreaAvg. residential≈ USD/sq ftShimocho, Isogo Ward, Yokohama City is1 year5 yearsCondos per m²Index
Shimocho, Isogo Ward, Yokohama City ¥259K/m²$152/sq ft +4.0%+14.6% ¥493K/m²—
Isogo Ward, Yokohama City ¥206K/m²$121/sq ft 1.3x+3.4%+12.7% ¥373K/m²86
Yokohama City ¥268K/m²$158/sq ft 0.96x+4.6%+18.0% ¥547K/m²—
Kanagawa ¥218K/m²$128/sq ft 1.2x+4.2%+15.8% ¥520K/m²94
Japan ¥120K/m²$70/sq ft 2.2x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
神奈川県 横浜市磯子区下町75番3
Prefectural Survey 2026
Residential¥259K/m²$152/sq ft +4.0%中小規模一般住宅、アパート等が混在する住宅地域

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

Condos per m² (median)
¥493K/m²
Condo price (median)
¥35.0M
Land & building (median)
¥29.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 7 · Land & building 7 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
ShimochoQ2 2026Land & building (contract) ¥11.0M65 m²1978—
ShimochoQ2 2026Pre-owned condo (contract) ¥37.0M75 m²1996¥493K/m²
ShimochoQ1 2026Land & building (contract) ¥29.0M55 m²2010—
ShimochoQ1 2026Land & building ¥13.0M45 m²1972—
ShimochoQ4 2025Land & building ¥56.0M105 m²2025—
ShimochoQ3 2025Pre-owned condo ¥24.0M40 m²1992¥600K/m²
ShimochoQ2 2025Pre-owned condo (contract) ¥37.0M90 m²1996¥411K/m²
ShimochoQ2 2025Land & building (contract) ¥32.0M50 m²2003—
ShimochoQ2 2025Pre-owned condo ¥35.0M65 m²1996¥538K/m²
ShimochoQ1 2025Pre-owned condo (contract) ¥13.0M45 m²1992¥289K/m²
ShimochoQ4 2024Land & building ¥59.0M90 m²2024—
ShimochoQ3 2024Land & building ¥4.0M125 m²——
ShimochoQ3 2024Pre-owned condo (contract) ¥11.0M45 m²1992¥244K/m²
ShimochoQ2 2024Land ¥5.0M95 m²—¥53K/m²
ShimochoQ4 2023Pre-owned condo (contract) ¥34.0M75 m²1996¥453K/m²

Nearby neighborhoods

FAQ

What is the average land price in Shimocho, Isogo Ward, Yokohama City?

The average price of residential land in Shimocho, Isogo Ward, Yokohama City is ¥259,000 per m² (about ¥856,198 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shimocho, Isogo Ward, Yokohama City going up?

Land prices in Shimocho, Isogo Ward, Yokohama City have risen by +4.0% on average over the past year. Over five years the change is +14.6%.

How much do pre-owned condos cost in Shimocho, Isogo Ward, Yokohama City?

The median price of pre-owned condo transactions in the last two years is ¥493,333 per m², with a median price of ¥35.0 million (5 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Shimocho, Isogo Ward, Yokohama City?

The Fudosan Zukan model projects residential land prices to change by +2.0% a year, reaching about ¥315,485 per m² in 10 years (range ¥258,698–¥372,272). 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 ¥158.25 = $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.