Tsuwano Town: property prices and land values

津和野町

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

Avg. residential land price
¥16K/m²
≈ $10/sq ft · 8 sites
#1134 of 1795 municipalities in Japan
Avg. commercial land price
¥25K/m²
≈ $15/sq ft · 3 sites
1-year change
−3.2%
Residential −3.0% · commercial −3.8%
5 years / 10 years
−12.7% / −20.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥1.5M
≈ $9,500 · 8 sales
Real Estate Zukan Index
15/100
#1603 in Japan
Total real estate value Estimate
¥27.7 billion
≈ $175.66M · land ¥18.8 billion + buildings ¥8.9 billion
#1354 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¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.1% a year
¥16K/m²¥16K/m²¥15K/m²¥15K/m²¥13K/m²

Forecasts are projections, not guarantees. 10-year range: ¥11K/m²–¥15K/m²

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

Total value (market estimate)
¥27.7 billion
≈ $175.66M · 0.00% of Japan
Land (market estimate)
¥18.8 billion
residential land ¥16.4 billion
Buildings (assessed)
¥8.9 billion
11,102 buildings · 80.5 ha floor area
Assessed value (fixed-asset tax)
¥22.8 billion
land ¥13.9 billion · buildings ¥8.9 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥11.5 billion¥16.4 billion1.9 km²¥8,634/m²
Other land
farmland, forest, other
¥2.4 billion¥2.4 billion128.8 km²—
Buildings
wooden ¥6.4 billion · non-wooden ¥2.5 billion
¥8.9 billion¥8.9 billion80.5 ha floor—
Total¥22.8 billion¥27.7 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.

Tsuwano Town compared with larger areas

AreaAvg. residential≈ USD/sq ftTsuwano Town is1 year5 yearsCondos per m²Index
Tsuwano Town ¥16K/m²$10/sq ft −3.2%−12.7% —15
Shimane ¥25K/m²$15/sq ft 0.65x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$70/sq ft 0.14x+2.1%+8.0% ¥493K/m²—

Neighborhoods 23 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
後田ロ
後田ロ
¥24K/m² ¥34K/m² −4.5% −15.1% — —
中座ロ
中座ロ
¥20K/m² — −4.3% −17.3% — —
鷲原ロ
鷲原ロ
¥18K/m² — −4.8% −14.3% — —
Makurase
枕瀬
¥14K/m² — −1.4% −6.7% — 1
寺田
寺田
¥14K/m² — −2.1% −9.8% — —
Aohara
青原
¥11K/m² — −1.8% −7.6% — 2
Sabumi
左鐙
¥3,580/m² — −0.6% −9.4% — 1
Ushiroda
後田
— — — — — 7
Sumogahara
相撲ケ原
— — — — — 3
Kawamura
河村
— — — — — —
Nichihara
日原
— ¥17K/m² −2.9% −11.5% — 1
Soedani
添谷
— — — — — —
Toyoka
豊稼
— — — — — 1
Ikemura
池村
— — — — — 2
Morimura
森村
— — — — — —
Washibara
鷲原
— — — — — —
Tadachi
直地
— — — — — —
Yamashita
山下
— — — — — —
Nakaza
中座
— — — — — —
Machida
町田
— — — — — —
Nakagawa
中川
— — — — — —
Nakayama
中山
— — — — — 1
森村ロ
森村ロ
— ¥24K/m² −4.3% −16.5% — —

Official land price survey sites highest first · 11 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 鹿足郡津和野町後田ロ210番
Land Price Publication 2026
Commercial¥34K/m²$20/sq ft −4.2%津和野
550 m
島根県 鹿足郡津和野町後田ロ137番20外
Land Price Publication 2026
Residential¥26K/m²$15/sq ft −4.7%津和野
200 m
島根県 鹿足郡津和野町森村ロ77番5
Prefectural Survey 2026
Commercial¥24K/m²$14/sq ft −4.3%低層店舗、一般住宅等が混在する商業地域
島根県 鹿足郡津和野町後田ロ507番
Prefectural Survey 2026
Residential¥23K/m²$13/sq ft −4.6%中規模一般住宅が多い既成住宅地域
島根県 鹿足郡津和野町中座ロ82番
Prefectural Survey 2026
Residential¥20K/m²$12/sq ft −4.3%一般住宅の建ち並ぶ閑静な住宅地域
島根県 鹿足郡津和野町鷲原ロ140番外
Land Price Publication 2026
Residential¥18K/m²$11/sq ft −4.8%津和野
2.7 km
島根県 鹿足郡津和野町日原226番1
Prefectural Survey 2026
Commercial¥17K/m²$10/sq ft −2.9%小規模店舗、一般住宅等が建ち並ぶ商業地域
島根県 鹿足郡津和野町枕瀬974番47
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft −1.4%農地も介在する中規模一般住宅地域
島根県 鹿足郡津和野町寺田8番内1
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft −2.1%一般住宅が建ち並ぶ古くからの住宅地域
島根県 鹿足郡津和野町青原790番1
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft −1.8%旧道沿いに一般住宅等が建ち並ぶ既成住宅地域
島根県 鹿足郡津和野町左鐙990番2
Prefectural Survey 2026
Residential¥3,580/m²$2/sq ft −0.6%集落中心部に一般住宅等が存する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 19 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥1.5M
Land per m² (median)
—

Sales in the loaded period: Land & building 20 · Farmland 17 · Forest 9 · Land 7

DistrictPeriodTypePriceAreaBuiltPer m²
NakayamaQ1 2026Farmland ¥120K1,500 m²——
UshirodaQ1 2026Land & building ¥1.5M90 m²——
IkemuraQ1 2026Land & building ¥800K660 m²1974—
ToyokaQ4 2025Forest ¥280K8,888 m²——
UshirodaQ4 2025Land & building ¥3.0M195 m²1954—
UshirodaQ4 2025Land & building ¥1.5M150 m²——
SabumiQ4 2025Farmland ¥350K4,500 m²——
AoharaQ3 2025Farmland ¥110K1,400 m²——
NichiharaQ3 2025Land & building ¥1.3M220 m²1974—
SumogaharaQ3 2025Farmland ¥290K410 m²——
SumogaharaQ3 2025Farmland ¥96K130 m²——
SumogaharaQ3 2025Farmland ¥190K270 m²——
UshirodaQ3 2025Land & building ¥200K125 m²1955—
MakuraseQ2 2025Land ¥2.5M310 m²—¥8,000/m²
UshirodaQ2 2025Land & building ¥13.0M770 m²——
AoharaQ1 2025Forest ¥20K250 m²——
UshirodaQ1 2025Land ¥31.0M1,000 m²—¥30K/m²
UshirodaQ1 2025Land & building ¥3.0M270 m²——
IkemuraQ1 2025Farmland ¥200K300 m²——
MachidaQ4 2024Land ¥300K290 m²—¥1,000/m²

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

Market activity
8
1-year growth
2
5-year growth
7
10-year growth
14
Price level
37

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 Tsuwano Town?

The average price of residential land in Tsuwano Town is ¥16,160 per m² (about ¥53,421 per tsubo), based on 8 sites in the official land price surveys (2026).

Are land prices in Tsuwano Town going up?

Land prices in Tsuwano Town have fallen by -3.2% on average over the past year. Over five years the change is -12.7%.

What is the land price forecast for Tsuwano Town?

The Fudosan Zukan model projects residential land prices to change by -2.1% a year, reaching about ¥13,125 per m² in 10 years (range ¥10,762–¥15,488). Forecasts are projections, not guarantees.

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

About ¥27.7 billion: land ¥18.8 billion and buildings ¥8.9 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥22.8 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 ¥157.9 = $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.