Hamanogi, Matsue City: property prices and land values

浜乃木(松江市)

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

Avg. residential land price
¥70K/m²
≈ $41/sq ft · 4 sites
#10 of 60 neighborhoods
Avg. commercial land price
¥64K/m²
≈ $38/sq ft · 1 sites
1-year change
+1.2%
Residential +1.1% · commercial +1.3%
5 years / 10 years
+5.6% / +6.9%
Same sites, chained
Pre-owned condos per m²
¥262K/m²
70 m² ≈ ¥18.3M · 6 sales
Pre-owned houses (median)
¥28.0M
≈ $178K · 9 sales
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

¥50K/m²¥60K/m²¥70K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.9% a year
¥70K/m²¥70K/m²¥72K/m²¥73K/m²¥76K/m²

Forecasts are projections, not guarantees. 10-year range: ¥62K/m²–¥90K/m²

Hamanogi, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftHamanogi, Matsue City is1 year5 yearsCondos per m²Index
Hamanogi, Matsue City ¥70K/m²$41/sq ft +1.2%+5.6% ¥262K/m²—
Matsue City ¥45K/m²$26/sq ft 1.6x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 2.8x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.58x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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 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 松江市浜乃木1丁目212番7外
Land Price Publication 2026
Residential¥47K/m²$28/sq ft +1.1%乃木
950 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 16 sales

Condos per m² (median)
¥262K/m²
Condo price (median)
¥19.0M
Land & building (median)
¥28.0M
Land per m² (median)
—

Sales in the loaded period: Land & building 18 · Land 12 · Pre-owned condo 11 · Farmland 2

DistrictPeriodTypePriceAreaBuiltPer m²
HamanogiQ2 2026Land & building ¥4.0M270 m²1981—
HamanogiQ2 2026Land & building ¥14.0M460 m²1975—
HamanogiQ2 2026Land & building ¥10.0M540 m²1972—
HamanogiQ1 2026Pre-owned condo (contract) ¥18.0M75 m²2004¥240K/m²
HamanogiQ1 2026Pre-owned condo ¥18.0M70 m²2004¥257K/m²
HamanogiQ1 2026Land & building ¥32.0M150 m²2026—
HamanogiQ4 2025Pre-owned condo (contract) ¥20.0M75 m²2004¥267K/m²
HamanogiQ4 2025Pre-owned condo ¥27.0M70 m²2018¥386K/m²
HamanogiQ4 2025Pre-owned condo ¥19.0M70 m²2004¥271K/m²
HamanogiQ4 2025Land & building ¥37.0M180 m²2026—
HamanogiQ4 2025Land & building ¥1.0M95 m²——
HamanogiQ3 2025Pre-owned condo (contract) ¥19.0M75 m²2004¥253K/m²
HamanogiQ1 2025Land & building (contract) ¥28.0M170 m²2002—
HamanogiQ1 2025Land & building (contract) ¥46.0M490 m²2020—
HamanogiQ1 2025Land ¥49.0M980 m²—¥50K/m²
HamanogiQ1 2025Land & building ¥28.0M165 m²2002—
HamanogiQ4 2024Land & building (contract) ¥1.5M210 m²1965—
HamanogiQ4 2024Farmland ¥1.9M300 m²——
HamanogiQ3 2024Land & building (contract) ¥35.0M190 m²2023—
HamanogiQ3 2024Pre-owned condo (contract) ¥24.0M90 m²2004¥267K/m²

Nearby neighborhoods

FAQ

What is the average land price in Hamanogi, Matsue City?

The average price of residential land in Hamanogi, Matsue City is ¥69,625 per m² (about ¥230,165 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Hamanogi, Matsue City going up?

Land prices in Hamanogi, Matsue City have risen by +1.2% on average over the past year. Over five years the change is +5.6%.

How much do pre-owned condos cost in Hamanogi, Matsue City?

The median price of pre-owned condo transactions in the last two years is ¥261,904 per m², with a median price of ¥19.0 million (6 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Hamanogi, Matsue City?

The Fudosan Zukan model projects residential land prices to change by +0.9% a year, reaching about ¥76,169 per m² in 10 years (range ¥62,459–¥89,879). 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.