Oaza Shimoichi, Shimoichi Town: property prices and land values

下市(下市町)

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

Avg. residential land price
¥18K/m²
≈ $11/sq ft · 3 sites
#2 of 5 neighborhoods
Avg. commercial land price
¥30K/m²
≈ $17/sq ft · 1 sites
1-year change
−3.3%
Residential −3.2% · commercial −3.6%
5 years / 10 years
−15.6% / −28.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.8M
≈ $18K · 6 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

¥0/m²¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.6% a year
¥18K/m²¥18K/m²¥17K/m²¥16K/m²¥14K/m²

Forecasts are projections, not guarantees. 10-year range: ¥11K/m²–¥16K/m²

Oaza Shimoichi, Shimoichi Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOaza Shimoichi, Shimoichi Town is1 year5 yearsCondos per m²Index
Oaza Shimoichi, Shimoichi Town ¥18K/m²$11/sq ft −3.3%−15.6% ——
Shimoichi Town ¥16K/m²$9/sq ft 1.1x−3.3%−15.8% —13
Nara ¥63K/m²$37/sq ft 0.29x−0.1%−1.4% ¥218K/m²43
Japan ¥120K/m²$70/sq ft 0.15x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 4 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

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.8M
Land per m² (median)
—

Sales in the loaded period: Land & building 8 · Land 3

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza ShimoichiQ2 2026Land & building (contract) ¥1.5M55 m²——
Oaza ShimoichiQ1 2026Land & building ¥5.0M160 m²1993—
Oaza ShimoichiQ4 2025Land & building (contract) ¥2.8M300 m²——
Oaza ShimoichiQ4 2025Land & building (contract) ¥2.3M110 m²1971—
Oaza ShimoichiQ4 2025Land & building ¥2.8M300 m²——
Oaza ShimoichiQ1 2025Land & building ¥5.0M560 m²1965—
Oaza ShimoichiQ4 2024Land ¥300K130 m²—¥2,300/m²
Oaza ShimoichiQ2 2024Land & building ¥1.5M360 m²1955—
Oaza ShimoichiQ1 2024Land ¥25.0M670 m²—¥37K/m²
Oaza ShimoichiQ4 2023Land & building ¥1.1M165 m²1970—
Oaza ShimoichiQ4 2023Land ¥6.0M670 m²—¥9,000/m²

Nearby neighborhoods

FAQ

What is the average land price in Oaza Shimoichi, Shimoichi Town?

The average price of residential land in Oaza Shimoichi, Shimoichi Town is ¥18,067 per m² (about ¥59,726 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Oaza Shimoichi, Shimoichi Town going up?

Land prices in Oaza Shimoichi, Shimoichi Town have fallen by -3.3% on average over the past year. Over five years the change is -15.6%.

What is the land price forecast for Oaza Shimoichi, Shimoichi Town?

The Fudosan Zukan model projects residential land prices to change by -2.6% a year, reaching about ¥13,931 per m² in 10 years (range ¥11,423–¥16,439). 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.