Yamashirocho, Matsue City: property prices and land values

山代町(松江市)

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

Avg. residential land price
¥53K/m²
≈ $31/sq ft · 1 sites
#20 of 60 neighborhoods
Avg. commercial land price
No data
1-year change
+1.1%
Residential +1.1% · commercial —
5 years / 10 years
+5.8% / +9.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥13.0M
≈ $82K · 8 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

¥45K/m²¥50K/m²¥55K/m²¥60K/m²¥65K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
¥53K/m²¥53K/m²¥54K/m²¥54K/m²¥55K/m²

Forecasts are projections, not guarantees. 10-year range: ¥45K/m²–¥64K/m²

Yamashirocho, Matsue City compared with larger areas

AreaAvg. residential≈ USD/sq ftYamashirocho, Matsue City is1 year5 yearsCondos per m²Index
Yamashirocho, Matsue City ¥53K/m²$31/sq ft +1.1%+5.8% ——
Matsue City ¥45K/m²$26/sq ft 1.2x+0.4%+1.5% ¥267K/m²67
Shimane ¥25K/m²$15/sq ft 2.1x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$70/sq ft 0.44x+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 松江市山代町字鍛冶屋425番6
Land Price Publication 2026
Residential¥53K/m²$31/sq ft +1.1%松江
4.4 km

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥13.0M
Land per m² (median)
—

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

DistrictPeriodTypePriceAreaBuiltPer m²
YamashirochoQ1 2026Land & building (contract) ¥22.0M140 m²1978—
YamashirochoQ1 2026Land & building (contract) ¥7.9M205 m²1967—
YamashirochoQ1 2026Farmland ¥17.0M4,200 m²——
YamashirochoQ1 2026Land & building ¥14.0M160 m²2018—
YamashirochoQ4 2025Land & building (contract) ¥9.0M185 m²1968—
YamashirochoQ3 2025Land & building (contract) ¥13.0M220 m²1986—
YamashirochoQ2 2025Land & building ¥11.0M250 m²1972—
YamashirochoQ1 2025Land & building ¥20.0M730 m²1994—
YamashirochoQ1 2025Land & building (contract) ¥13.0M255 m²1988—
YamashirochoQ4 2024Land & building ¥13.0M250 m²1988—
YamashirochoQ4 2024Land & building ¥20.0M790 m²1973—
YamashirochoQ1 2024Land & building ¥2.0M250 m²1964—

Nearby neighborhoods

FAQ

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

The average price of residential land in Yamashirocho, Matsue City is ¥53,100 per m² (about ¥175,537 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Yamashirocho, Matsue City going up?

Land prices in Yamashirocho, Matsue City have risen by +1.1% on average over the past year. Over five years the change is +5.8%.

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

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥54,640 per m² in 10 years (range ¥44,805–¥64,475). 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.