Okinoshima Town: property prices and land values

隠岐の島町

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

Avg. residential land price
¥14K/m²
≈ $8/sq ft · 8 sites
#1232 of 1795 municipalities in Japan
Avg. commercial land price
¥41K/m²
≈ $24/sq ft · 2 sites
1-year change
−2.3%
Residential −2.0% · commercial −3.4%
5 years / 10 years
−9.0% / −18.2%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥3.8M
≈ $24K · 8 sales
Real Estate Zukan Index
20/100
#1502 in Japan
Total real estate value Estimate
¥56.9 billion
≈ $362.02M · land ¥36.8 billion + buildings ¥20.1 billion
#1155 of 1719 municipalities

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

¥0/m²¥50K/m²¥100K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.5% a year
¥14K/m²¥14K/m²¥13K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,849/m²–¥14K/m²

Total real estate value of Okinoshima Town land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥56.9 billion
≈ $362.02M · 0.00% of Japan
Land (market estimate)
¥36.8 billion
residential land ¥32.3 billion
Buildings (assessed)
¥20.1 billion
13,094 buildings · 1.2 km² floor area
Assessed value (fixed-asset tax)
¥47.2 billion
land ¥27.1 billion · buildings ¥20.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥22.6 billion¥32.3 billion3.1 km²¥10K/m²
Other land
farmland, forest, other
¥4.5 billion¥4.5 billion102.6 km²—
Buildings
wooden ¥15.3 billion · non-wooden ¥4.9 billion
¥20.1 billion¥20.1 billion1.2 km² floor—
Total¥47.2 billion¥56.9 billion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Okinoshima Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOkinoshima Town is1 year5 yearsCondos per m²Index
Okinoshima Town ¥14K/m²$8/sq ft −2.3%−9.0% —20
Shimane ¥25K/m²$15/sq ft 0.56x−0.8%−3.9% ¥260K/m²15
Japan ¥120K/m²$71/sq ft 0.12x+2.1%+8.0% ¥494K/m²—

Neighborhoods 22 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
中町目貫ノ一
中町目貫ノ一
¥25K/m² — −3.5% −12.1% — —
Sakaemachi
栄町
¥21K/m² — −1.4% −3.6% — —
有木月無
有木月無
¥20K/m² — −2.0% −9.1% — —
池田風呂前
池田風呂前
¥14K/m² — −0.7% −3.5% — —
都万屋内原
都万屋内原
¥9,900/m² — −2.0% −9.2% — —
布施下原
布施下原
¥8,200/m² — −3.5% −13.7% — —
北方五反田
北方五反田
¥8,200/m² — −2.4% −6.8% — —
加茂柯尾尻
加茂柯尾尻
¥5,700/m² — −0.7% −5.0% — —
Shimonishi
下西
— — — — — 4
Nagu
那久
— — — — — 3
Nishimachi
西町
— — — — — 2
Kaminishi
上西
— — — — — 2
Minatomachi
港町
— — — — — 2
Harada
原田
— — — — — 1
Nakamachi
中町
— — — — — 1
Iida
飯田
— — — — — 1
Oku
大久
— — — — — 1
Kitagata
北方
— — — — — 1
Nishimura
西村
— — — — — 1
Imazu
今津
— — — — — 1
中町目貫ノ四
中町目貫ノ四
— ¥38K/m² −3.4% −11.8% — —
西町八尾ノ一
西町八尾ノ一
— ¥45K/m² −3.4% −14.3% — —

Official land price survey sites highest first · 10 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 隠岐郡隠岐の島町西町八尾ノ一1番1
Land Price Publication 2026
Commercial¥45K/m²$27/sq ft −3.4%山陰合銀前停
島根県 隠岐郡隠岐の島町中町目貫ノ四28番1
Prefectural Survey 2026
Commercial¥38K/m²$22/sq ft −3.4%各種小売店舗が建ち並ぶ商業地域
島根県 隠岐郡隠岐の島町中町目貫ノ一24番
Land Price Publication 2026
Residential¥25K/m²$15/sq ft −3.5%営業所停
350 m
島根県 隠岐郡隠岐の島町栄町110番
Prefectural Survey 2026
Residential¥21K/m²$13/sq ft −1.4%中規模一般住宅が建ち並ぶ丘陵地の閑静な住宅地域
島根県 隠岐郡隠岐の島町有木月無4番7外
Land Price Publication 2026
Residential¥20K/m²$12/sq ft −2.0%月無団地入口停
島根県 隠岐郡隠岐の島町池田風呂前55番1
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft −0.7%一般住宅、農家住宅が混在する住宅地域
島根県 隠岐郡隠岐の島町都万屋内原2348番7外
Prefectural Survey 2026
Residential¥9,900/m²$6/sq ft −2.0%一般住宅の中に空地等が見られる住宅地域
島根県 隠岐郡隠岐の島町布施下原213番2
Prefectural Survey 2026
Residential¥8,200/m²$5/sq ft −3.5%中小規模一般住宅が建ち並ぶ既成住宅地域
島根県 隠岐郡隠岐の島町北方五反田306番1
Prefectural Survey 2026
Residential¥8,200/m²$5/sq ft −2.4%一般住宅が存する中に事業所等も見られる住宅地域
島根県 隠岐郡隠岐の島町加茂柯尾尻257番2
Prefectural Survey 2026
Residential¥5,700/m²$3/sq ft −0.7%漁港に面して漁家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)
¥3.8M
Land per m² (median)
¥14K/m²

Sales in the loaded period: Land & building 40 · Forest 31 · Land 27 · Farmland 18

DistrictPeriodTypePriceAreaBuiltPer m²
NishimachiQ2 2026Land & building ¥2.5M230 m²1964—
NishimachiQ2 2026Land & building ¥300K105 m²1977—
HaradaQ2 2026Land & building ¥7.9M480 m²1992—
ShimonishiQ2 2026Farmland ¥620K2,700 m²——
KaminishiQ2 2026Land & building ¥5.0M430 m²1984—
ImazuQ1 2026Forest ¥800K2,300 m²——
NishimuraQ1 2026Farmland ¥120K500 m²——
ShimonishiQ1 2026Land & building ¥1.7M110 m²1989—
KitagataQ4 2025Forest ¥110K440 m²——
NaguQ4 2025Land ¥1.5M140 m²—¥11K/m²
NaguQ4 2025Forest ¥270K1,100 m²——
NaguQ4 2025Forest ¥140K560 m²——
MinatomachiQ4 2025Land ¥4.0M190 m²—¥21K/m²
MinatomachiQ4 2025Land ¥500K490 m²—¥1,000/m²
NakamachiQ4 2025Land & building ¥81.0M200 m²1981—
ShimonishiQ4 2025Land ¥4.5M240 m²—¥18K/m²
ShimonishiQ4 2025Land & building ¥9.8M220 m²1994—
KaminishiQ4 2025Farmland ¥500K660 m²——
IidaQ4 2025Land & building ¥200K165 m²1988—
OkuQ4 2025Farmland ¥200K145 m²——

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
22
1-year growth
8
5-year growth
15
10-year growth
18
Price level
31

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Okinoshima Town?

The average price of residential land in Okinoshima Town is ¥13,975 per m² (about ¥46,198 per tsubo), based on 8 sites in the official land price surveys (2026).

Are land prices in Okinoshima Town going up?

Land prices in Okinoshima Town have fallen by -2.3% on average over the past year. Over five years the change is -9.0%.

What is the land price forecast for Okinoshima Town?

The Fudosan Zukan model projects residential land prices to change by -1.5% a year, reaching about ¥12,011 per m² in 10 years (range ¥9,849–¥14,173). Forecasts are projections, not guarantees.

What is the total value of real estate in Okinoshima Town?

About ¥56.9 billion: land ¥36.8 billion and buildings ¥20.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥47.2 billion).

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.