Shimane: property prices and land values

島根県

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

Avg. residential land price
¥25K/m²
≈ $15/sq ft · 270 sites
#43 of 47 prefectures
Avg. commercial land price
¥44K/m²
≈ $26/sq ft · 101 sites
1-year change
−0.8%
Residential −0.8% · commercial −0.9%
5 years / 10 years
−3.9% / −9.7%
Same sites, chained
Pre-owned condos per m²
¥244K/m²
70 m² ≈ ¥17.1M · 433 sales
Pre-owned houses (median)
¥12.0M
≈ $76K · 1844 sales
Real Estate Zukan Index
15/100
Total real estate value Estimate
¥4.0 trillion
≈ $25.4B · land ¥2.6 trillion + buildings ¥1.4 trillion
#46 of 47 prefectures

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/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.6% a year
¥25K/m²¥25K/m²¥24K/m²¥24K/m²¥23K/m²

Forecasts are projections, not guarantees. 10-year range: ¥19K/m²–¥28K/m²

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

Total value (market estimate)
¥4.0 trillion
≈ $25.4B · 0.29% of Japan
Land (market estimate)
¥2.6 trillion
residential land ¥2.4 trillion
Buildings (assessed)
¥1.4 trillion
628,455 buildings · 62.1 km² floor area
Assessed value (fixed-asset tax)
¥3.3 trillion
land ¥1.9 trillion · buildings ¥1.4 trillion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥1.7 trillion¥2.4 trillion141.4 km²¥17K/m²
Other land
farmland, forest, other
¥231.0 billion¥231.0 billion3,204.7 km²—
Buildings
wooden ¥697.7 billion · non-wooden ¥668.5 billion
¥1.4 trillion¥1.4 trillion62.1 km² floor—
Total¥3.3 trillion¥4.0 trillion

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.

Shimane compared with larger areas

AreaAvg. residential≈ USD/sq ftShimane is1 year5 yearsCondos per m²Index
Shimane ¥25K/m²$15/sq ft −0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.21x+2.1%+8.0% ¥493K/m²—

Municipalities 33 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²SalesTotal value
盛岡市
盛岡市
— — — — ¥229K/m² 1,102 —
宮古市
宮古市
— — — — — 81 —
大船渡市
大船渡市
— — — — — 92 —
花巻市
花巻市
— — — — — 437 —
北上市
北上市
— — — — ¥360K/m² 304 —
久慈市
久慈市
— — — — — 97 —
遠野市
遠野市
— — — — — 72 —
一関市
一関市
— — — — ¥340K/m² 305 —
陸前高田市
陸前高田市
— — — — — 30 —
釜石市
釜石市
— — — — — 41 —
二戸市
二戸市
— — — — — 93 —
八幡平市
八幡平市
— — — — — 145 —
奥州市
奥州市
— — — — — 429 —
滝沢市
滝沢市
— — — — — 143 —
Matsue City
松江市
¥45K/m² ¥79K/m² +0.4% +1.5% ¥267K/m² 740 ¥1.5 trillion
Hamada City
浜田市
¥21K/m² ¥39K/m² −2.4% −6.0% — 162 ¥291.5 billion
Izumo City
出雲市
¥25K/m² ¥44K/m² +0.5% +0.7% ¥236K/m² 576 ¥1.1 trillion
Masuda City
益田市
¥19K/m² ¥34K/m² −2.3% −13.1% — 347 ¥229.6 billion
Oda City
大田市
¥17K/m² ¥24K/m² −2.0% −9.0% — 140 ¥150.2 billion
Yasugi City
安来市
¥19K/m² ¥31K/m² −1.8% −8.6% — 92 ¥208.9 billion
Gotsu City
江津市
¥16K/m² ¥41K/m² −1.5% −7.5% — 121 ¥116.1 billion
Unnan City
雲南市
¥15K/m² ¥23K/m² −0.8% −3.5% — 92 ¥157.6 billion
Okuizumo Town
奥出雲町
¥12K/m² ¥21K/m² −1.2% −4.9% — 41 ¥38.0 billion
Iinan Town
飯南町
¥5,620/m² ¥11K/m² −2.1% −8.2% — 12 ¥12.6 billion
Kawamoto Town
川本町
¥9,954/m² ¥15K/m² −2.0% −9.2% — 18 ¥11.3 billion
Misato Town
美郷町
¥5,070/m² ¥13K/m² −2.4% −8.9% — 16 ¥12.3 billion
Onan Town
邑南町
¥4,200/m² ¥5,617/m² −0.3% −4.5% — 29 ¥30.9 billion
Tsuwano Town
津和野町
¥16K/m² ¥25K/m² −3.2% −12.7% — 19 ¥27.7 billion
Yoshika Town
吉賀町
¥8,150/m² ¥15K/m² −2.0% −8.8% — 15 ¥18.2 billion
Ama Town
海士町
¥5,983/m² ¥16K/m² −0.8% −4.0% — 5 ¥6.9 billion
Nishinoshima Town
西ノ島町
¥13K/m² ¥24K/m² −1.9% −10.1% — 9 ¥10.4 billion
Chibu Village
知夫村
¥3,900/m² ¥7,750/m² −0.3% −1.3% — 6 ¥1.7 billion
Okinoshima Town
隠岐の島町
¥14K/m² ¥41K/m² −2.3% −9.0% — 55 ¥56.9 billion

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 松江市朝日町字伊勢宮476番7
Land Price Publication 2026
Commercial¥175K/m²$103/sq ft +1.7%松江
150 m
島根県 松江市朝日町字伊勢宮462番1
Prefectural Survey 2026
Commercial¥121K/m²$71/sq ft ±0.0%中高層のホテル、店舗ビルが多い駅南の商業地域
島根県 松江市朝日町字伊勢宮462番1
Land Price Publication 2026
Commercial¥120K/m²$71/sq ft ±0.0%松江
島根県 松江市朝日町字伊勢宮487番17外
Prefectural Survey 2026
Commercial¥113K/m²$67/sq ft +2.7%中小規模の小売店舗、銀行等が建ち並ぶ古くからの商業地域
島根県 松江市学園2丁目602番
Prefectural Survey 2026
Commercial¥110K/m²$65/sq ft ±0.0%低層店舗を中心とする路線商業地域
島根県 松江市黒田町字四拾間堀433番1
Prefectural Survey 2026
Commercial¥110K/m²$65/sq ft ±0.0%幹線道路沿いに郊外型店舗、営業所等が建ち並ぶ地域
島根県 松江市殿町38番1
Prefectural Survey 2026
Commercial¥106K/m²$63/sq ft +1.0%中小規模の事務所ビル等が建ち並ぶ商業地域
島根県 松江市学園2丁目463番
Land Price Publication 2026
Residential¥101K/m²$60/sq ft +7.1%松江
2.4 km
島根県 松江市田和山町119番外
Land Price Publication 2026
Commercial¥101K/m²$60/sq ft +1.0%乃木
1.2 km
島根県 出雲市今市町字藤ケ森930番3
Land Price Publication 2026
Commercial¥97K/m²$57/sq ft ±0.0%出雲市
150 m
島根県 松江市西津田3丁目541番1
Land Price Publication 2026
Commercial¥93K/m²$55/sq ft +0.7%松江
1.7 km
島根県 松江市内中原町140番1
Land Price Publication 2026
Residential¥90K/m²$53/sq ft +1.6%松江
2.2 km
島根県 松江市内中原町37番
Prefectural Survey 2026
Commercial¥89K/m²$53/sq ft +1.7%事務所、店舗のほか一般住宅も混在する官公庁に近い商業地域
島根県 松江市外中原町123番
Land Price Publication 2026
Residential¥88K/m²$52/sq ft +1.3%松江しんじ湖温泉
700 m
島根県 浜田市黒川町4189番
Land Price Publication 2026
Commercial¥88K/m²$52/sq ft −2.0%浜田
150 m
島根県 松江市東本町1丁目33番1
Land Price Publication 2026
Commercial¥87K/m²$51/sq ft +0.2%松江
1.1 km
島根県 松江市母衣町177番1外
Land Price Publication 2026
Residential¥87K/m²$51/sq ft +1.5%松江
1.7 km
島根県 松江市学園南1丁目382番
Land Price Publication 2026
Residential¥87K/m²$51/sq ft +1.4%松江
1.2 km
島根県 松江市内中原町233番30
Prefectural Survey 2026
Residential¥87K/m²$51/sq ft +0.9%中規模一般住宅等が建ち並ぶ閑静な住宅地域
島根県 松江市天神町134番
Land Price Publication 2026
Commercial¥86K/m²$51/sq ft +1.7%松江
750 m
島根県 松江市浜乃木7丁目1番6外
Prefectural Survey 2026
Residential¥82K/m²$49/sq ft +1.4%中規模一般住宅、共同住宅等が混在する区画整然とした住宅地域
島根県 松江市大正町字伊勢宮449番2外
Land Price Publication 2026
Commercial¥82K/m²$48/sq ft +1.4%松江
300 m
島根県 松江市南田町25番1外
Land Price Publication 2026
Commercial¥80K/m²$48/sq ft +0.5%松江
1.3 km
島根県 松江市浜乃木6丁目1279番11
Land Price Publication 2026
Residential¥80K/m²$47/sq ft +1.0%乃木
880 m
島根県 松江市千鳥町26番1
Prefectural Survey 2026
Commercial¥79K/m²$47/sq ft +0.5%中高層の店舗併用住宅等が多い温泉旅館街に隣接する商業地域
島根県 松江市北堀町95番
Land Price Publication 2026
Residential¥77K/m²$45/sq ft +0.9%松江
2.3 km
島根県 出雲市渡橋町1055番1
Prefectural Survey 2026
Commercial¥76K/m²$45/sq ft +0.4%低層の店舗、営業所等が建ち並ぶ路線商業地域
島根県 松江市南田町124番214
Prefectural Survey 2026
Residential¥76K/m²$45/sq ft +0.9%中規模一般住宅等が建ち並ぶ既成住宅地域
島根県 松江市西茶町102番
Land Price Publication 2026
Commercial¥76K/m²$45/sq ft +0.7%松江しんじ湖温泉
650 m
島根県 松江市南田町124番214
Land Price Publication 2026
Residential¥76K/m²$45/sq ft +1.7%松江
1.2 km
島根県 松江市西津田6丁目968番34
Prefectural Survey 2026
Residential¥74K/m²$44/sq ft +2.1%中規模一般住宅、アパート等が混在する住宅地域
島根県 松江市大庭町1803番5外
Land Price Publication 2026
Commercial¥74K/m²$44/sq ft +1.1%松江
4.4 km
島根県 松江市東朝日町字小浜220番7
Land Price Publication 2026
Residential¥74K/m²$43/sq ft +3.2%松江
1.2 km
島根県 松江市堂形町770番
Prefectural Survey 2026
Residential¥70K/m²$41/sq ft +1.2%一般住宅が多く、営業所等も介在する既存住宅地域
島根県 松江市浜乃木3丁目1042番12
Land Price Publication 2026
Residential¥70K/m²$41/sq ft +1.0%乃木
600 m
島根県 出雲市駅南町2丁目1番1
Prefectural Survey 2026
Commercial¥69K/m²$41/sq ft +1.3%中層の事務所ビル、ホテルが多い駅南の商業地域
島根県 出雲市大社町杵築南字馬場772番外
Land Price Publication 2026
Commercial¥69K/m²$41/sq ft +5.5%出雲大社前
290 m
島根県 松江市菅田町字赤崎5番4
Prefectural Survey 2026
Residential¥68K/m²$40/sq ft +0.9%中規模一般住宅が多い整然とした住宅地域
島根県 松江市春日町字洗足471番16
Prefectural Survey 2026
Residential¥68K/m²$40/sq ft +1.5%中規模一般住宅が多い小規模住宅団地
島根県 出雲市大社町杵築南字鹿城山1364番11外
Prefectural Survey 2026
Commercial¥66K/m²$39/sq ft +5.6%参道沿いに店舗、旅館等が建ち並ぶ商業地域
島根県 松江市浜乃木3丁目937番8
Land Price Publication 2026
Commercial¥64K/m²$38/sq ft +1.3%乃木
250 m
島根県 浜田市殿町84番3
Prefectural Survey 2026
Commercial¥64K/m²$38/sq ft −2.4%2~3階建の商業ビルが建ち並ぶ商業地域
島根県 松江市東津田町字沼1206番9
Prefectural Survey 2026
Residential¥64K/m²$38/sq ft +1.3%一般住宅、共同住宅等が混在する区画の整った住宅地域
島根県 出雲市渡橋町字御前44番2外
Land Price Publication 2026
Commercial¥63K/m²$37/sq ft +1.3%出雲市
1.2 km
島根県 松江市竪町81番
Land Price Publication 2026
Commercial¥62K/m²$37/sq ft ±0.0%松江
1.2 km
島根県 松江市上乃木5丁目2191番6
Prefectural Survey 2026
Residential¥62K/m²$37/sq ft +0.8%中規模一般住宅等が建ち並ぶ既成の住宅地域
島根県 松江市上乃木5丁目2191番6
Land Price Publication 2026
Residential¥62K/m²$37/sq ft +1.0%松江
2.2 km
島根県 松江市奥谷町106番6
Land Price Publication 2026
Residential¥62K/m²$36/sq ft ±0.0%松江
2.8 km
島根県 松江市嫁島町10番4
Prefectural Survey 2026
Commercial¥61K/m²$36/sq ft +0.5%各種営業所等が建ち並ぶ区画整然とした卸売商業団地
島根県 松江市玉湯町玉造325番外
Land Price Publication 2026
Commercial¥59K/m²$35/sq ft −1.5%玉造温泉
2.2 km
島根県 松江市西川津町字山崎3280番18
Prefectural Survey 2026
Residential¥59K/m²$35/sq ft +1.0%一般住宅が建ち並ぶ丘陵地に開発された住宅団地
島根県 松江市西津田3丁目1446番15
Land Price Publication 2026
Residential¥58K/m²$34/sq ft +1.9%松江
2.0 km
島根県 松江市玉湯町湯町742番5外
Prefectural Survey 2026
Commercial¥58K/m²$34/sq ft +0.9%低層の店舗、事務所等が建ち並ぶ路線商業地域
島根県 松江市黒田町字深坪19番9
Land Price Publication 2026
Residential¥56K/m²$33/sq ft +1.3%松江
4.6 km
島根県 松江市西川津町字木佐屋田1540番20
Prefectural Survey 2026
Residential¥56K/m²$33/sq ft ±0.0%中規模一般住宅が建ち並ぶ住宅地域
島根県 松江市雑賀町字3丁目508番
Land Price Publication 2026
Residential¥55K/m²$33/sq ft −0.9%松江
1.2 km
島根県 松江市西川津町748番83
Land Price Publication 2026
Residential¥55K/m²$33/sq ft ±0.0%松江
4.1 km
島根県 松江市法吉町字久米1152番1
Prefectural Survey 2026
Residential¥55K/m²$32/sq ft +1.1%中規模一般住宅が建ち並ぶ住宅地域
島根県 松江市山代町字鍛冶屋425番6
Land Price Publication 2026
Residential¥53K/m²$31/sq ft +1.1%松江
4.4 km
島根県 益田市駅前町92番5外
Land Price Publication 2026
Commercial¥53K/m²$31/sq ft −3.1%益田
100 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 5,866 sales

Condos per m² (median)
¥244K/m²
Condo price (median)
¥18.0M
Land & building (median)
¥12.0M
Land per m² (median)
¥22K/m²

Sales in the loaded period: Land & building 3,599 · Land 3,506 · Farmland 2,232 · Forest 1,561 · Pre-owned condo 820

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

Market activity
38
1-year growth
2
5-year growth
7
10-year growth
7
Price level
9
Condo price level
46

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

FAQ

What is the average land price in Shimane?

The average price of residential land in Shimane is ¥24,900 per m² (about ¥82,314 per tsubo), based on 270 sites in the official land price surveys (2026).

Are land prices in Shimane going up?

Land prices in Shimane have fallen by -0.8% on average over the past year. Over five years the change is -3.9%.

How much do pre-owned condos cost in Shimane?

The median price of pre-owned condo transactions in the last two years is ¥244,444 per m², with a median price of ¥18.0 million (433 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Shimane?

The Fudosan Zukan model projects residential land prices to change by -0.6% a year, reaching about ¥23,486 per m² in 10 years (range ¥19,259–¥27,713). Forecasts are projections, not guarantees.

What is the total value of real estate in Shimane?

About ¥4.0 trillion: land ¥2.6 trillion and buildings ¥1.4 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥3.3 trillion).

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.