Shinjo Village: property prices and land values

新庄村

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

Avg. residential land price
¥3,905/m²
≈ $2/sq ft · 2 sites
Avg. commercial land price
No data
1-year change
−1.9%
Residential −1.9% · commercial —
5 years / 10 years
−9.2% / −17.6%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
¥2.1 billion
≈ $13.15M · land ¥1.3 billion + buildings ¥773.2M
#1692 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

¥3,000/m²¥4,000/m²¥5,000/m²¥6,000/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.4% a year
¥3,905/m²¥3,849/m²¥3,741/m²¥3,635/m²¥3,383/m²

Forecasts are projections, not guarantees. 10-year range: ¥2,774/m²–¥3,992/m²

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

Total value (market estimate)
¥2.1 billion
≈ $13.15M
Land (market estimate)
¥1.3 billion
residential land ¥673.4M
Buildings (assessed)
¥773.2M
1,244 buildings · 9.6 ha floor area
Assessed value (fixed-asset tax)
¥1.9 billion
land ¥1.1 billion · buildings ¥773.2M
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥471.4M¥673.4M23.4 ha¥2,884/m²
Other land
farmland, forest, other
¥621.0M¥621.0M16.7 km²—
Buildings
wooden ¥629.1M · non-wooden ¥144.1M
¥773.2M¥773.2M9.6 ha floor—
Total¥1.9 billion¥2.1 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.

Shinjo Village compared with larger areas

AreaAvg. residential≈ USD/sq ftShinjo Village is1 year5 yearsCondos per m²Index
Shinjo Village ¥3,905/m²$2/sq ft −1.9%−9.2% ——
Okayama ¥40K/m²$23/sq ft 0.10x+0.7%+2.1% ¥293K/m²59
Japan ¥120K/m²$71/sq ft 0.03x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
屋敷
屋敷
¥5,280/m² — −1.5% −7.7% — —
梨子瀬屋敷
梨子瀬屋敷
¥2,530/m² — −2.3% −10.6% — —
(No Address)
(大
— — — — — 13

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岡山県 真庭郡新庄村字屋敷1103番1
Prefectural Survey 2026
Residential¥5,280/m²$3/sq ft −1.5%村の中心地で一般住宅のほか店舗併用住宅も混在する住宅地域
岡山県 真庭郡新庄村字梨子瀬屋敷5432番1外
Prefectural Survey 2026
Residential¥2,530/m²$1/sq ft −2.3%周辺に農地等も混在する農家住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 13 sales

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

Sales in the loaded period: Farmland 13 · Forest 5 · Land & building 2 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
(No Address)Q4 2025Land & building ¥1.0M500 m²1984—
(No Address)Q3 2025Farmland ¥250K3,600 m²——
(No Address)Q3 2025Farmland ¥36K530 m²——
(No Address)Q3 2025Farmland ¥10K145 m²——
(No Address)Q3 2025Farmland ¥24K350 m²——
(No Address)Q3 2025Farmland ¥18K260 m²——
(No Address)Q3 2025Farmland ¥94K1,400 m²——
(No Address)Q3 2025Farmland ¥65K950 m²——
(No Address)Q3 2025Land ¥2.7M340 m²—¥8,000/m²
(No Address)Q2 2025Farmland ¥110K570 m²——
(No Address)Q2 2025Farmland ¥25K910 m²——
(No Address)Q2 2025Farmland ¥200K930 m²——
(No Address)Q2 2025Forest ¥2.0M8,888 m²——
(No Address)Q2 2024Forest ¥1,700170 m²——
(No Address)Q2 2024Forest ¥730K8,888 m²——
(No Address)Q4 2023Forest ¥70K8,888 m²——
(No Address)Q4 2023Forest ¥94K8,888 m²——
(No Address)Q4 2023Farmland ¥130K950 m²——
(No Address)Q4 2023Farmland ¥93K670 m²——
(No Address)Q4 2023Farmland ¥780K8,888 m²——

Nearby areas

FAQ

What is the average land price in Shinjo Village?

The average price of residential land in Shinjo Village is ¥3,905 per m² (about ¥12,909 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Shinjo Village going up?

Land prices in Shinjo Village have fallen by -1.9% on average over the past year. Over five years the change is -9.2%.

What is the land price forecast for Shinjo Village?

The Fudosan Zukan model projects residential land prices to change by -1.4% a year, reaching about ¥3,383 per m² in 10 years (range ¥2,774–¥3,992). Forecasts are projections, not guarantees.

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

About ¥2.1 billion: land ¥1.3 billion and buildings ¥773.2M (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥1.9 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.