Minamitamachi, Matsue City: property prices and land values

南田町(松江市)

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

Avg. residential land price
¥76K/m²
≈ $45/sq ft · 2 sites
#7 of 60 neighborhoods
Avg. commercial land price
¥80K/m²
≈ $47/sq ft · 1 sites
1-year change
+1.0%
Residential +1.3% · commercial +0.5%
5 years / 10 years
+4.8% / +5.3%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥39.0M
≈ $247K · 4 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

¥60K/m²¥80K/m²¥100K/m²¥120K/m²¥140K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.8% a year
¥76K/m²¥77K/m²¥78K/m²¥79K/m²¥82K/m²

Forecasts are projections, not guarantees. 10-year range: ¥67K/m²–¥97K/m²

Minamitamachi, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamitamachi, Matsue City is1 year5 yearsCondos per m²Index
Minamitamachi, Matsue City ¥76K/m²$45/sq ft +1.0%+4.8% ——
Matsue City ¥45K/m²$26/sq ft 1.7x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 3.1x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$70/sq ft 0.64x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 松江市南田町25番1外
Land Price Publication 2026
Commercial¥80K/m²$47/sq ft +0.5%松江
1.3 km
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 松江市南田町124番214
Land Price Publication 2026
Residential¥76K/m²$45/sq ft +1.7%松江
1.2 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 9 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥39.0M
Land per m² (median)
¥80K/m²

Sales in the loaded period: Land 12 · Land & building 6 · Pre-owned condo 1

DistrictPeriodTypePriceAreaBuiltPer m²
MinamitamachiQ2 2026Land ¥66.0M820 m²—¥80K/m²
MinamitamachiQ4 2025Land ¥22.0M1,000 m²—¥22K/m²
MinamitamachiQ3 2025Land & building ¥62.0M195 m²2024—
MinamitamachiQ3 2025Land & building ¥33.0M145 m²2025—
MinamitamachiQ2 2025Land & building ¥35.0M200 m²2025—
MinamitamachiQ2 2025Land ¥14.0M170 m²—¥81K/m²
MinamitamachiQ2 2025Land ¥16.0M180 m²—¥87K/m²
MinamitamachiQ2 2025Land & building ¥43.0M770 m²1974—
MinamitamachiQ2 2025Land ¥65.0M880 m²—¥74K/m²
MinamitamachiQ4 2024Land ¥11.0M135 m²—¥81K/m²
MinamitamachiQ4 2024Land & building ¥32.0M470 m²1988—
MinamitamachiQ4 2024Land ¥12.0M95 m²—¥120K/m²
MinamitamachiQ3 2024Land ¥19.0M200 m²—¥96K/m²
MinamitamachiQ3 2024Land ¥5.0M125 m²—¥40K/m²
MinamitamachiQ2 2024Pre-owned condo (contract) ¥25.0M65 m²2017¥385K/m²
MinamitamachiQ2 2024Land & building ¥20.0M380 m²1980—
MinamitamachiQ1 2024Land ¥14.0M150 m²—¥91K/m²
MinamitamachiQ1 2024Land ¥11.0M100 m²—¥110K/m²
MinamitamachiQ4 2023Land ¥9.0M200 m²—¥45K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Minamitamachi, Matsue City is ¥76,050 per m² (about ¥251,405 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Minamitamachi, Matsue City going up?

Land prices in Minamitamachi, Matsue City have risen by +1.0% on average over the past year. Over five years the change is +4.8%.

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

The Fudosan Zukan model projects residential land prices to change by +0.8% a year, reaching about ¥82,220 per m² in 10 years (range ¥67,420–¥97,020). 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.