Iwamicho, Kurashiki City: property prices and land values

石見町(倉敷市)

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

Avg. residential land price
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Avg. commercial land price
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1-year change
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Residential — · commercial —
5 years / 10 years
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Same sites, chained
Pre-owned condos per m²
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Pre-owned houses (median)
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Real Estate Zukan Index
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Total real estate value Estimate
Coming soon

Iwamicho, Kurashiki City compared with larger areas

AreaAvg. residential≈ USD/sq ftIwamicho, Kurashiki City is1 year5 yearsCondos per m²Index
Iwamicho, Kurashiki City —— —— ——
Kurashiki City ¥51K/m²$30/sq ft +1.2%+5.3% ¥282K/m²75
Okayama ¥40K/m²$23/sq ft +0.7%+2.1% ¥293K/m²59
Japan ¥120K/m²$71/sq ft +2.1%+8.0% ¥493K/m²—

Transaction prices MLIT Real Estate Information Library · last 2 years · 1 sales

Condos per m² (median)
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Condo price (median)
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Land & building (median)
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Land per m² (median)
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Sales in the loaded period: Pre-owned condo 4

DistrictPeriodTypePriceAreaBuiltPer m²
IwamichoQ1 2025Pre-owned condo (contract) ¥12.0M55 m²1980¥218K/m²
IwamichoQ2 2024Pre-owned condo (contract) ¥3.9M30 m²1980¥130K/m²
IwamichoQ4 2023Pre-owned condo (contract) ¥9.5M80 m²1980¥119K/m²
IwamichoQ4 2023Pre-owned condo ¥9.5M70 m²1980¥136K/m²

Nearby neighborhoods

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.