Shimoichi Town: property prices and land values

下市町

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

Avg. residential land price
¥16K/m²
≈ $9/sq ft · 8 sites
#1144 of 1795 municipalities in Japan
Avg. commercial land price
¥30K/m²
≈ $17/sq ft · 1 sites
1-year change
−3.3%
Residential −3.3% · commercial −3.6%
5 years / 10 years
−15.8% / −28.1%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.8M
≈ $18K · 6 sales
Real Estate Zukan Index
14/100
#1626 in Japan
Total real estate value Estimate
¥19.5 billion
≈ $124.22M · land ¥13.7 billion + buildings ¥5.9 billion
#1439 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
−2.6% a year
¥16K/m²¥15K/m²¥15K/m²¥14K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥10K/m²–¥14K/m²

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

Total value (market estimate)
¥19.5 billion
≈ $124.22M · 0.00% of Japan
Land (market estimate)
¥13.7 billion
residential land ¥10.6 billion
Buildings (assessed)
¥5.9 billion
6,941 buildings · 58.6 ha floor area
Assessed value (fixed-asset tax)
¥16.4 billion
land ¥10.5 billion · buildings ¥5.9 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥7.4 billion¥10.6 billion1.0 km²¥10K/m²
Other land
farmland, forest, other
¥3.1 billion¥3.1 billion29.4 km²—
Buildings
wooden ¥3.7 billion · non-wooden ¥2.2 billion
¥5.9 billion¥5.9 billion58.6 ha floor—
Total¥16.4 billion¥19.5 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.

Shimoichi Town compared with larger areas

AreaAvg. residential≈ USD/sq ftShimoichi Town is1 year5 yearsCondos per m²Index
Shimoichi Town ¥16K/m²$9/sq ft −3.3%−15.8% —14
Nara ¥63K/m²$37/sq ft 0.25x−0.1%−1.4% ¥200K/m²42
Japan ¥120K/m²$71/sq ft 0.13x+2.1%+8.0% ¥494K/m²—

Neighborhoods 8 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Atarasumi
新住
¥19K/m² — −3.5% −15.8% — —
Oaza Shimoichi
下市
¥18K/m² ¥30K/m² −3.3% −15.6% — 5
Oaza Zengi
善城
¥18K/m² — −3.3% −15.9% — 1
Oaza Achiga
阿知賀
¥15K/m² — −3.3% −16.4% — 1
小路
小路
¥7,060/m² — −3.3% −14.9% — —
Oaza Niu
丹生
— — — — — 1
Oaza Yomura
仔邑
— — — — — 1
Oaza Haradani
原谷
— — — — — 1

Official land price survey sites highest first · 9 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
奈良県 吉野郡下市町大字下市187番1
Land Price Publication 2026
Commercial¥30K/m²$17/sq ft −3.6%下市口
1.7 km
奈良県 吉野郡下市町大字下市2990番
Land Price Publication 2026
Residential¥20K/m²$12/sq ft −3.0%下市口
1.6 km
奈良県 吉野郡下市町大字新住147番8
Prefectural Survey 2026
Residential¥19K/m²$11/sq ft −3.5%中規模一般住宅等の建ち並ぶ住宅地域
奈良県 吉野郡下市町大字善城65番2
Land Price Publication 2026
Residential¥18K/m²$10/sq ft −3.3%下市口
2.9 km
奈良県 吉野郡下市町大字下市783番
Land Price Publication 2026
Residential¥17K/m²$10/sq ft −3.3%下市口
1.0 km
奈良県 吉野郡下市町大字阿知賀1717番1
Land Price Publication 2026
Residential¥17K/m²$10/sq ft −3.4%下市口
1.6 km
奈良県 吉野郡下市町大字下市783番
Prefectural Survey 2026
Residential¥17K/m²$10/sq ft −3.4%一般住宅の中に空地等が見られる既成住宅地域
奈良県 吉野郡下市町大字阿知賀2110番外
Land Price Publication 2026
Residential¥12K/m²$7/sq ft −3.2%下市口
2.1 km
奈良県 吉野郡下市町大字小路90番1外
Prefectural Survey 2026
Residential¥7,060/m²$4/sq ft −3.3%山林、農地に囲まれた農林家を主とする沿道農山村集落地域

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.8M
Land per m² (median)
¥6,600/m²

Sales in the loaded period: Land 21 · Land & building 12 · Farmland 4

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza ShimoichiQ2 2026Land & building (contract) ¥1.5M55 m²——
Oaza HaradaniQ1 2026Land ¥430K170 m²—¥2,500/m²
Oaza ShimoichiQ1 2026Land & building ¥5.0M160 m²1993—
Oaza YomuraQ1 2026Land ¥280K40 m²—¥6,600/m²
Oaza AchigaQ1 2026Farmland ¥300K1,300 m²——
Oaza ShimoichiQ4 2025Land & building (contract) ¥2.8M300 m²——
Oaza ShimoichiQ4 2025Land & building (contract) ¥2.3M110 m²1971—
Oaza NiuQ4 2025Land & building ¥25.0M9,999 m²1989—
Oaza ZengiQ4 2025Land ¥2.1M135 m²—¥15K/m²
Oaza ShimoichiQ4 2025Land & building ¥2.8M300 m²——
Oaza AchigaQ3 2025Land ¥570K65 m²—¥8,700/m²
Oaza AchigaQ2 2025Land & building (contract) ¥2.0M215 m²1963—
Oaza TochiharaQ1 2025Land ¥1.0M9,999 m²—¥380/m²
Oaza AtarasumiQ1 2025Land ¥10.0M1,100 m²—¥9,100/m²
Oaza ShimoichiQ1 2025Land & building ¥5.0M560 m²1965—
Oaza TateishiQ4 2024Land ¥150K9,999 m²—¥66/m²
Oaza ShimoichiQ4 2024Land ¥300K130 m²—¥2,300/m²
Oaza YomuraQ4 2024Farmland ¥1.5M310 m²——
Oaza SaitaniQ4 2024Land & building ¥1.0M490 m²1955—
Oaza AtarasumiQ3 2024Land ¥25.0M1,000 m²—¥24K/m²

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

Market activity
11
1-year growth
2
5-year growth
3
10-year growth
4
Price level
36

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 Shimoichi Town?

The average price of residential land in Shimoichi Town is ¥15,895 per m² (about ¥52,545 per tsubo), based on 8 sites in the official land price surveys (2026).

Are land prices in Shimoichi Town going up?

Land prices in Shimoichi Town have fallen by -3.3% on average over the past year. Over five years the change is -15.8%.

What is the land price forecast for Shimoichi Town?

The Fudosan Zukan model projects residential land prices to change by -2.6% a year, reaching about ¥12,259 per m² in 10 years (range ¥10,052–¥14,466). Forecasts are projections, not guarantees.

What is the total value of real estate in Shimoichi Town?

About ¥19.5 billion: land ¥13.7 billion and buildings ¥5.9 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥16.4 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.