Shiiba Village: property prices and land values

椎葉村

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

Avg. residential land price
¥1,835/m²
≈ $1/sq ft · 2 sites
#1789 of 1795 municipalities in Japan
Avg. commercial land price
¥8,500/m²
≈ $5/sq ft · 1 sites
1-year change
−1.3%
Residential −0.8% · commercial −2.3%
5 years / 10 years
−9.4% / −19.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
11/100
#1669 in Japan
Total real estate value Estimate
¥3.6 billion
≈ $22.93M · land ¥1.3 billion + buildings ¥2.3 billion
#1662 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¥5,000/m²¥10K/m²¥15K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.4% a year
¥1,835/m²¥1,810/m²¥1,761/m²¥1,713/m²¥1,599/m²

Forecasts are projections, not guarantees. 10-year range: ¥1,311/m²–¥1,887/m²

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

Total value (market estimate)
¥3.6 billion
≈ $22.93M
Land (market estimate)
¥1.3 billion
residential land ¥841.4M
Buildings (assessed)
¥2.3 billion
3,298 buildings · 23.4 ha floor area
Assessed value (fixed-asset tax)
¥3.4 billion
land ¥1.1 billion · buildings ¥2.3 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥589.0M¥841.4M48.4 ha¥1,740/m²
Other land
farmland, forest, other
¥474.9M¥474.9M31.0 km²—
Buildings
wooden ¥1.7 billion · non-wooden ¥599.6M
¥2.3 billion¥2.3 billion23.4 ha floor—
Total¥3.4 billion¥3.6 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.

Shiiba Village compared with larger areas

AreaAvg. residential≈ USD/sq ftShiiba Village is1 year5 yearsCondos per m²Index
Shiiba Village ¥1,835/m²$1/sq ft −1.3%−9.4% —11
Miyazaki ¥29K/m²$17/sq ft 0.06x+0.4%−0.5% ¥277K/m²37
Japan ¥120K/m²$71/sq ft 0.02x+2.1%+8.0% ¥494K/m²—

Neighborhoods 4 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Shimofukura
下福良
¥1,835/m² ¥8,500/m² −1.3% −9.4% — —
Oaza Matsuo
松尾
— — — — — 2
Oaza Okawauchi
大河内
— — — — — 2
Oaza Fudono
不土野
— — — — — 2

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
宮崎県 東臼杵郡椎葉村大字下福良字上椎葉1779番2
Prefectural Survey 2026
Commercial¥8,500/m²$5/sq ft −2.3%小売店舗、旅館、官公署等が混在する山村の商業地域
宮崎県 東臼杵郡椎葉村大字下福良字山中227番60
Prefectural Survey 2026
Residential¥1,920/m²$1/sq ft −1.5%戸建住宅が点在する山村集落地域
宮崎県 東臼杵郡椎葉村大字下福良字十根川895番1
Prefectural Survey 2026
Residential¥1,750/m²$1/sq ft ±0.0%戸建住宅や農地が見られる山村集落地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 6 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Forest 8 · Land & building 2 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza FudonoQ2 2026Forest ¥80K400 m²——
Oaza OkawauchiQ2 2026Forest ¥150K3,100 m²——
Oaza MatsuoQ1 2026Land & building ¥1.4M370 m²1999—
Oaza FudonoQ4 2025Forest ¥4.0M8,888 m²——
Oaza OkawauchiQ4 2025Forest ¥20K630 m²——
Oaza MatsuoQ4 2025Land & building ¥2.0M175 m²1999—
Oaza OkawauchiQ2 2025Forest ¥660K2,800 m²——
Oaza FudonoQ1 2025Forest ¥2.7M400 m²——
Oaza ShimofukuraQ4 2024Land ¥2.0M125 m²—¥16K/m²
Oaza OkawauchiQ2 2024Forest ¥500K8,888 m²——
Oaza OkawauchiQ1 2024Forest ¥1.5M8,888 m²——

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

Market activity
5
1-year growth
23
5-year growth
14
10-year growth
15
Price level
0

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 Shiiba Village?

The average price of residential land in Shiiba Village is ¥1,835 per m² (about ¥6,066 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Shiiba Village going up?

Land prices in Shiiba Village have fallen by -1.3% on average over the past year. Over five years the change is -9.4%.

What is the land price forecast for Shiiba Village?

The Fudosan Zukan model projects residential land prices to change by -1.4% a year, reaching about ¥1,599 per m² in 10 years (range ¥1,311–¥1,887). Forecasts are projections, not guarantees.

What is the total value of real estate in Shiiba Village?

About ¥3.6 billion: land ¥1.3 billion and buildings ¥2.3 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥3.4 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 ¥157.25 = $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.