Kokubucho, Hamada City: property prices and land values

国分町(浜田市)

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

Avg. residential land price
¥19K/m²
≈ $11/sq ft · 1 sites
#9 of 16 neighborhoods
Avg. commercial land price
No data
1-year change
−3.5%
Residential −3.5% · commercial —
5 years / 10 years
−14.0% / −21.7%
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
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

¥15K/m²¥20K/m²¥25K/m²¥30K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.1% a year
¥19K/m²¥19K/m²¥18K/m²¥18K/m²¥17K/m²

Forecasts are projections, not guarantees. 10-year range: ¥14K/m²–¥20K/m²

Kokubucho, Hamada City compared with larger areas

AreaAvg. residential≈ USD/sq ftKokubucho, Hamada City is1 year5 yearsCondos per m²Index
Kokubucho, Hamada City ¥19K/m²$11/sq ft −3.5%−14.0% ——
Hamada City ¥21K/m²$12/sq ft 0.91x−2.4%−6.0% —34
Shimane ¥25K/m²$15/sq ft 0.77x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.16x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 浜田市国分町762番
Land Price Publication 2026
Residential¥19K/m²$11/sq ft −3.5%下府
1.8 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 3 sales

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

Sales in the loaded period: Land & building 3 · Land 3 · Farmland 1 · Forest 1

DistrictPeriodTypePriceAreaBuiltPer m²
KokubuchoQ2 2026Land & building ¥2.4M155 m²——
KokubuchoQ3 2025Land ¥2.2M105 m²—¥21K/m²
KokubuchoQ2 2025Land & building ¥1.0M145 m²——
KokubuchoQ4 2024Forest ¥5.0M2,900 m²——
KokubuchoQ4 2024Farmland ¥3.0M520 m²——
KokubuchoQ4 2024Land ¥2.5M105 m²—¥24K/m²
KokubuchoQ4 2024Land & building ¥25.0M390 m²2021—
KokubuchoQ4 2023Land ¥5.2M210 m²—¥25K/m²

Nearby neighborhoods

FAQ

What is the average land price in Kokubucho, Hamada City?

The average price of residential land in Kokubucho, Hamada City is ¥19,100 per m² (about ¥63,140 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Kokubucho, Hamada City going up?

Land prices in Kokubucho, Hamada City have fallen by -3.5% on average over the past year. Over five years the change is -14.0%.

What is the land price forecast for Kokubucho, Hamada City?

The Fudosan Zukan model projects residential land prices to change by -1.1% a year, reaching about ¥17,102 per m² in 10 years (range ¥14,024–¥20,180). 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 ¥157.25 = $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.