Obacho, Matsue City: property prices and land values

大庭町(松江市)

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

Avg. residential land price
¥42K/m²
≈ $25/sq ft · 1 sites
#31 of 60 neighborhoods
Avg. commercial land price
¥74K/m²
≈ $44/sq ft · 1 sites
1-year change
+1.4%
Residential +1.7% · commercial +1.1%
5 years / 10 years
+5.8% / +7.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥11.5M
≈ $73K · 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

¥30K/m²¥40K/m²¥50K/m²¥60K/m²¥70K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.0% a year
¥42K/m²¥43K/m²¥44K/m²¥44K/m²¥47K/m²

Forecasts are projections, not guarantees. 10-year range: ¥38K/m²–¥55K/m²

Obacho, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftObacho, Matsue City is1 year5 yearsCondos per m²Index
Obacho, Matsue City ¥42K/m²$25/sq ft +1.4%+5.8% ——
Matsue City ¥45K/m²$26/sq ft 0.95x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 1.7x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.35x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 松江市大庭町1803番5外
Land Price Publication 2026
Commercial¥74K/m²$44/sq ft +1.1%松江
4.4 km
島根県 松江市大庭町字北原1146番18
Land Price Publication 2026
Residential¥42K/m²$25/sq ft +1.7%松江
4.2 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 18 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥11.5M
Land per m² (median)
¥5,100/m²

Sales in the loaded period: Land 17 · Land & building 10 · Farmland 3 · Forest 2

DistrictPeriodTypePriceAreaBuiltPer m²
ObachoQ2 2026Farmland ¥540K105 m²——
ObachoQ2 2026Farmland ¥4.4M860 m²——
ObachoQ2 2026Land ¥11.0M9,999 m²—¥5,100/m²
ObachoQ2 2026Land ¥8.8M1,700 m²—¥5,100/m²
ObachoQ2 2026Land ¥4.3M830 m²—¥5,100/m²
ObachoQ2 2026Land ¥10.0M9,999 m²—¥5,100/m²
ObachoQ2 2026Land ¥6.0M1,200 m²—¥5,100/m²
ObachoQ2 2026Land ¥13.0M9,999 m²—¥5,100/m²
ObachoQ1 2026Land & building (contract) ¥8.0M490 m²1972—
ObachoQ3 2025Farmland ¥19.0M590 m²——
ObachoQ3 2025Land & building ¥15.0M460 m²——
ObachoQ3 2025Land ¥29.0M540 m²—¥55K/m²
ObachoQ3 2025Land & building ¥980K420 m²1980—
ObachoQ2 2025Land ¥6.0M115 m²—¥52K/m²
ObachoQ2 2025Land ¥4.0M85 m²—¥46K/m²
ObachoQ2 2025Land ¥12.0M220 m²—¥56K/m²
ObachoQ1 2025Land ¥70.0M9,999 m²—¥20K/m²
ObachoQ1 2025Land & building ¥32.0M210 m²2023—
ObachoQ3 2024Land & building ¥9.9M185 m²1982—
ObachoQ3 2024Land & building ¥46.0M230 m²2025—

Nearby neighborhoods

FAQ

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

The average price of residential land in Obacho, Matsue City is ¥42,300 per m² (about ¥139,835 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Obacho, Matsue City going up?

Land prices in Obacho, Matsue City have risen by +1.4% on average over the past year. Over five years the change is +5.8%.

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

The Fudosan Zukan model projects residential land prices to change by +1.0% a year, reaching about ¥46,598 per m² in 10 years (range ¥38,210–¥54,986). 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.