Heiraku, Minami Ward, Yokohama City: property prices and land values

平楽(南区)

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

Avg. residential land price
¥203K/m²
≈ $119/sq ft · 1 sites
#16 of 20 neighborhoods
Avg. commercial land price
No data
1-year change
+0.5%
Residential +0.5% · commercial —
5 years / 10 years
+1.5% / +1.0%
Same sites, chained
Pre-owned condos per m²
¥322K/m²
70 m² ≈ ¥22.5M · 6 sales
Pre-owned houses (median)
¥39.5M
≈ $250K · 16 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

¥175K/m²¥200K/m²¥225K/m²¥250K/m²¥275K/m²2014201720202023202620312036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.2% a year
¥203K/m²¥210K/m²¥223K/m²¥238K/m²¥278K/m²

Forecasts are projections, not guarantees. 10-year range: ¥228K/m²–¥328K/m²

Heiraku, Minami Ward, Yokohama City compared with larger areas

AreaAvg. residential≈ USD/sq ftHeiraku, Minami Ward, Yokohama City is1 year5 yearsCondos per m²Index
Heiraku, Minami Ward, Yokohama City ¥203K/m²$119/sq ft +0.5%+1.5% ¥322K/m²—
Minami Ward, Yokohama City ¥256K/m²$150/sq ft 0.79x+5.1%+21.1% ¥553K/m²92
Yokohama City ¥268K/m²$158/sq ft 0.76x+4.6%+18.0% ¥547K/m²—
Kanagawa ¥218K/m²$128/sq ft 0.93x+4.2%+15.8% ¥520K/m²94
Japan ¥120K/m²$70/sq ft 1.7x+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 横浜市南区平楽138番13
Land Price Publication 2026
Residential¥203K/m²$119/sq ft +0.5%阪東橋
1.3 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 23 sales

Condos per m² (median)
¥322K/m²
Condo price (median)
¥18.5M
Land & building (median)
¥39.5M
Land per m² (median)
—

Sales in the loaded period: Land & building 20 · Pre-owned condo 13 · Land 3

DistrictPeriodTypePriceAreaBuiltPer m²
HeirakuQ2 2026Land & building (contract) ¥40.0M100 m²2004—
HeirakuQ2 2026Land & building (contract) ¥39.0M105 m²2026—
HeirakuQ2 2026Land & building ¥42.0M130 m²2015—
HeirakuQ1 2026Land & building (contract) ¥60.0M180 m²2026—
HeirakuQ1 2026Land & building (contract) ¥51.0M105 m²2026—
HeirakuQ1 2026Land & building ¥4.5M125 m²1971—
HeirakuQ1 2026Land & building ¥20.0M220 m²1984—
HeirakuQ4 2025Land & building (contract) ¥29.0M135 m²2015—
HeirakuQ4 2025Land & building (contract) ¥17.0M70 m²1985—
HeirakuQ4 2025Land & building (contract) ¥14.0M100 m²1990—
HeirakuQ4 2025Pre-owned condo (contract) ¥17.0M60 m²1986¥283K/m²
HeirakuQ4 2025Pre-owned condo ¥18.0M55 m²1986¥327K/m²
HeirakuQ4 2025Land ¥40.0M240 m²—¥170K/m²
HeirakuQ2 2025Land & building (contract) ¥21.0M110 m²1981—
HeirakuQ2 2025Land & building (contract) ¥45.0M105 m²2024—
HeirakuQ2 2025Pre-owned condo ¥19.0M60 m²1986¥317K/m²
HeirakuQ2 2025Pre-owned condo ¥21.0M55 m²1986¥382K/m²
HeirakuQ1 2025Pre-owned condo (contract) ¥20.0M65 m²1986¥308K/m²
HeirakuQ1 2025Land & building (contract) ¥46.0M110 m²2024—
HeirakuQ1 2025Land & building (contract) ¥50.0M110 m²2024—

Nearby neighborhoods

FAQ

What is the average land price in Heiraku, Minami Ward, Yokohama City?

The average price of residential land in Heiraku, Minami Ward, Yokohama City is ¥203,000 per m² (about ¥671,074 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Heiraku, Minami Ward, Yokohama City going up?

Land prices in Heiraku, Minami Ward, Yokohama City have risen by +0.5% on average over the past year. Over five years the change is +1.5%.

How much do pre-owned condos cost in Heiraku, Minami Ward, Yokohama City?

The median price of pre-owned condo transactions in the last two years is ¥321,969 per m², with a median price of ¥18.5 million (6 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Heiraku, Minami Ward, Yokohama City?

The Fudosan Zukan model projects residential land prices to change by +3.2% a year, reaching about ¥278,382 per m² in 10 years (range ¥228,273–¥328,491). 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.