Tokiwacho, Masuda City: property prices and land values

常盤町(益田市)

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

Avg. residential land price
¥28K/m²
≈ $17/sq ft · 1 sites
#3 of 15 neighborhoods
Avg. commercial land price
No data
1-year change
−3.1%
Residential −3.1% · commercial —
5 years / 10 years
−16.2% / −26.5%
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

¥20K/m²¥25K/m²¥30K/m²¥35K/m²¥40K/m²2014201720202023202620312036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.0% a year
¥28K/m²¥27K/m²¥26K/m²¥25K/m²¥23K/m²

Forecasts are projections, not guarantees. 10-year range: ¥19K/m²–¥27K/m²

Tokiwacho, Masuda City compared with larger areas

AreaAvg. residential≈ USD/sq ftTokiwacho, Masuda City is1 year5 yearsCondos per m²Index
Tokiwacho, Masuda City ¥28K/m²$17/sq ft −3.1%−16.2% ——
Masuda City ¥19K/m²$11/sq ft 1.5x−2.3%−13.1% —27
Shimane ¥25K/m²$15/sq ft 1.1x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.23x+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 益田市常盤町632番3
Land Price Publication 2026
Residential¥28K/m²$17/sq ft −3.1%益田
900 m

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

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

Sales in the loaded period: Land & building 1

DistrictPeriodTypePriceAreaBuiltPer m²
TokiwachoQ3 2025Land & building ¥17.0M300 m²1996—

Nearby neighborhoods

FAQ

What is the average land price in Tokiwacho, Masuda City?

The average price of residential land in Tokiwacho, Masuda City is ¥28,000 per m² (about ¥92,562 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Tokiwacho, Masuda City going up?

Land prices in Tokiwacho, Masuda City have fallen by -3.1% on average over the past year. Over five years the change is -16.2%.

What is the land price forecast for Tokiwacho, Masuda City?

The Fudosan Zukan model projects residential land prices to change by -2.0% a year, reaching about ¥22,901 per m² in 10 years (range ¥18,779–¥27,023). 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.