Shimokitayama Village: property prices and land values

下北山村

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

Avg. residential land price
¥3,473/m²
≈ $2/sq ft · 3 sites
#1751 of 1795 municipalities in Japan
Avg. commercial land price
No data
1-year change
−3.3%
Residential −3.3% · commercial —
5 years / 10 years
−15.1% / —
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
3/100
#1781 in Japan
Total real estate value Estimate
¥3.1 billion
≈ $19.55M · land ¥2.1 billion + buildings ¥981.4M
#1677 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

¥2,000/m²¥3,000/m²¥4,000/m²¥5,000/m²2018202020222024202620292036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.5% a year
¥3,473/m²¥3,387/m²¥3,221/m²¥3,063/m²¥2,702/m²

Forecasts are projections, not guarantees. 10-year range: ¥2,216/m²–¥3,188/m²

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

Total value (market estimate)
¥3.1 billion
≈ $19.55M
Land (market estimate)
¥2.1 billion
residential land ¥1.5 billion
Buildings (assessed)
¥981.4M
1,960 buildings · 10.6 ha floor area
Assessed value (fixed-asset tax)
¥2.6 billion
land ¥1.6 billion · buildings ¥981.4M
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥1.1 billion¥1.5 billion39.6 ha¥3,802/m²
Other land
farmland, forest, other
¥588.0M¥588.0M23.0 km²—
Buildings
wooden ¥621.0M · non-wooden ¥360.4M
¥981.4M¥981.4M10.6 ha floor—
Total¥2.6 billion¥3.1 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.

Shimokitayama Village compared with larger areas

AreaAvg. residential≈ USD/sq ftShimokitayama Village is1 year5 yearsCondos per m²Index
Shimokitayama Village ¥3,473/m²$2/sq ft −3.3%−15.1% —3
Nara ¥63K/m²$37/sq ft 0.05x−0.1%−1.4% ¥218K/m²43
Japan ¥120K/m²$71/sq ft 0.03x+2.1%+8.0% ¥493K/m²—

Neighborhoods 7 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Kamiikehara
上池原
¥4,670/m² — −3.1% −14.8% — —
Oaza Uramukai
浦向
¥2,890/m² — −3.3% −15.2% — —
Oaza Kamikuwahara
上桑原
¥2,860/m² — −3.4% −15.1% — —
Oaza Ikemine
池峰
— — — — — 4
Oaza Shimokuwahara
下桑原
— — — — — 1
Oaza Zenki
前鬼
— — — — — 1
Oaza Shimoikehara
下池原
— — — — — 1

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
奈良県 吉野郡下北山村大字上池原571番
Prefectural Survey 2026
Residential¥4,670/m²$3/sq ft −3.1%一般住宅の中に郵便局、公民館も見受けられる住宅地域
奈良県 吉野郡下北山村大字浦向109番1
Prefectural Survey 2026
Residential¥2,890/m²$2/sq ft −3.3%住宅の間に畑が介在する山間部の農家集落地域
奈良県 吉野郡下北山村大字上桑原26番2
Prefectural Survey 2026
Residential¥2,860/m²$2/sq ft −3.4%県道沿いに住宅が建ち並ぶ山間部の集落地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 7 sales

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

Sales in the loaded period: Forest 4 · Land & building 4 · Land 2 · Farmland 1

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza ShimoikeharaQ1 2026Land & building ¥6.9M330 m²2003—
Oaza IkemineQ1 2026Forest ¥140K520 m²——
Oaza IkemineQ1 2026Forest ¥230K430 m²——
Oaza IkemineQ1 2026Forest ¥270K970 m²——
Oaza IkemineQ4 2025Land ¥560K240 m²—¥2,300/m²
Oaza ZenkiQ3 2025Forest ¥2.1M8,888 m²——
Oaza ShimokuwaharaQ2 2025Farmland ¥200K350 m²——
Oaza KamikuwaharaQ3 2024Land & building ¥500K300 m²1998—
Oaza KamiikeharaQ2 2024Land & building ¥2.0M220 m²1997—
Oaza KamiikeharaQ2 2024Land & building ¥4.7M520 m²1978—
Oaza UramukaiQ1 2024Land ¥1.0M660 m²—¥1,500/m²

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

Market activity
2
1-year growth
2
5-year growth
4
Price level
2

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 Shimokitayama Village?

The average price of residential land in Shimokitayama Village is ¥3,473 per m² (about ¥11,481 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Shimokitayama Village going up?

Land prices in Shimokitayama Village have fallen by -3.3% on average over the past year. Over five years the change is -15.1%.

What is the land price forecast for Shimokitayama Village?

The Fudosan Zukan model projects residential land prices to change by -2.5% a year, reaching about ¥2,702 per m² in 10 years (range ¥2,216–¥3,188). Forecasts are projections, not guarantees.

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

About ¥3.1 billion: land ¥2.1 billion and buildings ¥981.4M (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥2.6 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.