Shimomuracho, Matsusaka City: property prices and land values

下村町(松阪市)

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

Avg. residential land price
¥26K/m²
≈ $15/sq ft · 1 sites
#17 of 35 neighborhoods
Avg. commercial land price
¥49K/m²
≈ $29/sq ft · 1 sites
1-year change
−0.1%
Residential ±0.0% · commercial −0.2%
5 years / 10 years
−2.4% / −12.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥20.0M
≈ $127K · 9 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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.4% a year
¥26K/m²¥26K/m²¥26K/m²¥26K/m²¥25K/m²

Forecasts are projections, not guarantees. 10-year range: ¥21K/m²–¥30K/m²

Shimomuracho, Matsusaka City compared with larger areas

AreaAvg. residential≈ USD/sq ftShimomuracho, Matsusaka City is1 year5 yearsCondos per m²Index
Shimomuracho, Matsusaka City ¥26K/m²$15/sq ft −0.1%−2.4% ——
Matsusaka City ¥29K/m²$17/sq ft 0.90x−0.2%−2.5% ¥267K/m²55
Mie ¥35K/m²$21/sq ft 0.74x+0.2%−0.3% ¥241K/m²44
Japan ¥120K/m²$70/sq ft 0.22x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 松阪市下村町字西ノ庄858番1
Land Price Publication 2026
Commercial¥49K/m²$29/sq ft −0.2%徳和
1.3 km
三重県 松阪市下村町字横田223番5
Land Price Publication 2026
Residential¥26K/m²$15/sq ft ±0.0%徳和
100 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 16 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥20.0M
Land per m² (median)
¥38K/m²

Sales in the loaded period: Land & building 23 · Land 12 · Forest 4 · Farmland 3

DistrictPeriodTypePriceAreaBuiltPer m²
ShimomurachoQ2 2026Land & building (contract) ¥25.0M190 m²2021—
ShimomurachoQ2 2026Land ¥13.0M360 m²—¥34K/m²
ShimomurachoQ1 2026Farmland ¥350K570 m²——
ShimomurachoQ1 2026Forest ¥130K210 m²——
ShimomurachoQ1 2026Land & building ¥53.0M240 m²2026—
ShimomurachoQ4 2025Land & building ¥19.0M195 m²1992—
ShimomurachoQ4 2025Land & building ¥3.5M165 m²1986—
ShimomurachoQ3 2025Farmland ¥1.1M1,900 m²——
ShimomurachoQ3 2025Land & building ¥51.0M200 m²——
ShimomurachoQ3 2025Land ¥200.0M9,999 m²—¥36K/m²
ShimomurachoQ2 2025Land & building ¥2.8M150 m²1973—
ShimomurachoQ2 2025Land & building (contract) ¥20.0M225 m²2017—
ShimomurachoQ1 2025Land & building ¥9.0M195 m²1988—
ShimomurachoQ1 2025Land ¥8.2M165 m²—¥49K/m²
ShimomurachoQ1 2025Land ¥8.2M200 m²—¥41K/m²
ShimomurachoQ1 2025Land & building ¥25.0M240 m²2024—
ShimomurachoQ4 2024Forest ¥180K300 m²——
ShimomurachoQ4 2024Farmland ¥590K155 m²——
ShimomurachoQ4 2024Forest ¥120K200 m²——
ShimomurachoQ4 2024Forest ¥400K500 m²——

Nearby neighborhoods

FAQ

What is the average land price in Shimomuracho, Matsusaka City?

The average price of residential land in Shimomuracho, Matsusaka City is ¥26,100 per m² (about ¥86,281 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shimomuracho, Matsusaka City going up?

Land prices in Shimomuracho, Matsusaka City have fallen by -0.1% on average over the past year. Over five years the change is -2.4%.

What is the land price forecast for Shimomuracho, Matsusaka City?

The Fudosan Zukan model projects residential land prices to change by -0.4% a year, reaching about ¥25,158 per m² in 10 years (range ¥20,630–¥29,686). 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.