Hokkicho, Matsue City: property prices and land values

法吉町(松江市)

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

Avg. residential land price
¥55K/m²
≈ $32/sq ft · 1 sites
#19 of 60 neighborhoods
Avg. commercial land price
No data
1-year change
+1.1%
Residential +1.1% · commercial —
5 years / 10 years
+4.8% / +4.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥9.0M
≈ $57K · 5 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/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
¥55K/m²¥55K/m²¥55K/m²¥56K/m²¥56K/m²

Forecasts are projections, not guarantees. 10-year range: ¥46K/m²–¥67K/m²

Hokkicho, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftHokkicho, Matsue City is1 year5 yearsCondos per m²Index
Hokkicho, Matsue City ¥55K/m²$32/sq ft +1.1%+4.8% ——
Matsue City ¥45K/m²$26/sq ft 1.2x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 2.2x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$70/sq ft 0.46x+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 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

Transaction prices MLIT Real Estate Information Library · last 2 years · 20 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥9.0M
Land per m² (median)
¥8,200/m²

Sales in the loaded period: Land 30 · Land & building 11 · Farmland 1

DistrictPeriodTypePriceAreaBuiltPer m²
HokkichoQ2 2026Land & building ¥9.0M450 m²1970—
HokkichoQ1 2026Land & building (contract) ¥9.0M450 m²1970—
HokkichoQ1 2026Land & building ¥31.0M135 m²2026—
HokkichoQ4 2025Land & building ¥5.0M410 m²1989—
HokkichoQ3 2025Land & building ¥33.0M150 m²2025—
HokkichoQ2 2025Land ¥13.0M1,600 m²—¥8,200/m²
HokkichoQ2 2025Land ¥15.0M1,800 m²—¥8,200/m²
HokkichoQ2 2025Land ¥6.5M840 m²—¥7,700/m²
HokkichoQ2 2025Land ¥38.0M9,999 m²—¥8,100/m²
HokkichoQ2 2025Land ¥35.0M9,999 m²—¥8,100/m²
HokkichoQ2 2025Land ¥11.0M1,400 m²—¥8,100/m²
HokkichoQ2 2025Land ¥23.0M9,999 m²—¥7,900/m²
HokkichoQ2 2025Land ¥32.0M9,999 m²—¥8,100/m²
HokkichoQ2 2025Land ¥43.0M9,999 m²—¥8,100/m²
HokkichoQ2 2025Land ¥59.0M9,999 m²—¥8,400/m²
HokkichoQ2 2025Land ¥17.0M9,999 m²—¥8,300/m²
HokkichoQ2 2025Land ¥11.0M135 m²—¥79K/m²
HokkichoQ1 2025Land ¥29.0M940 m²—¥31K/m²
HokkichoQ1 2025Land ¥9.9M135 m²—¥74K/m²
HokkichoQ1 2025Land ¥6.8M700 m²—¥9,700/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Hokkicho, Matsue City is ¥54,900 per m² (about ¥181,488 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Hokkicho, Matsue City going up?

Land prices in Hokkicho, Matsue City have risen by +1.1% on average over the past year. Over five years the change is +4.8%.

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

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥56,492 per m² in 10 years (range ¥46,323–¥66,661). 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 ¥157.9 = $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.