Nichinan Town: property prices and land values

日南町

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

Avg. residential land price
¥7,025/m²
≈ $4/sq ft · 2 sites
Avg. commercial land price
No data
1-year change
−1.3%
Residential −1.3% · commercial —
5 years / 10 years
−6.1% / −11.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
¥15.6 billion
≈ $99.02M · land ¥7.9 billion + buildings ¥7.6 billion
#1486 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

¥6,000/m²¥8,000/m²¥10K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.9% a year
¥7,025/m²¥6,963/m²¥6,839/m²¥6,718/m²¥6,425/m²

Forecasts are projections, not guarantees. 10-year range: ¥5,268/m²–¥7,582/m²

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

Total value (market estimate)
¥15.6 billion
≈ $99.02M · 0.00% of Japan
Land (market estimate)
¥7.9 billion
residential land ¥4.9 billion
Buildings (assessed)
¥7.6 billion
8,062 buildings · 73.0 ha floor area
Assessed value (fixed-asset tax)
¥14.1 billion
land ¥6.5 billion · buildings ¥7.6 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥3.4 billion¥4.9 billion1.8 km²¥2,710/m²
Other land
farmland, forest, other
¥3.1 billion¥3.1 billion125.2 km²—
Buildings
wooden ¥6.2 billion · non-wooden ¥1.5 billion
¥7.6 billion¥7.6 billion73.0 ha floor—
Total¥14.1 billion¥15.6 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.

Nichinan Town compared with larger areas

AreaAvg. residential≈ USD/sq ftNichinan Town is1 year5 yearsCondos per m²Index
Nichinan Town ¥7,025/m²$4/sq ft −1.3%−6.1% ——
Tottori ¥23K/m²$14/sq ft 0.30x−0.4%−3.3% ¥240K/m²13
Japan ¥120K/m²$71/sq ft 0.06x+2.1%+8.0% ¥494K/m²—

Neighborhoods 4 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Shoyama
生山
¥11K/m² — −0.9% −4.3% — 2
上石見
上石見
¥2,950/m² — −1.7% −7.8% — —
Shimoabire
下阿毘縁
— — — — — 1
Abire
阿毘縁
— — — — — 1

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
鳥取県 日野郡日南町生山字樋ノ口406番6
Prefectural Survey 2026
Residential¥11K/m²$7/sq ft −0.9%一般住宅、店舗等が混在する県道沿いの住宅地域
鳥取県 日野郡日南町上石見字製札場ノ下モ776番5外
Prefectural Survey 2026
Residential¥2,950/m²$2/sq ft −1.7%農家住宅と一般住宅が混在する既成住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 4 sales

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

Sales in the loaded period: Forest 20 · Land & building 5 · Farmland 4 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
ShoyamaQ1 2026Land & building ¥700K125 m²1966—
ShoyamaQ4 2025Land & building ¥2.5M195 m²——
AbireQ4 2025Forest ¥1.2M8,888 m²——
ShimoabireQ4 2025Forest ¥1.4M8,888 m²——
MisakaeQ2 2025Forest ¥2.8M8,888 m²——
KamihagiyamaQ2 2025Forest ¥190K630 m²——
KamihagiyamaQ2 2025Forest ¥30K150 m²——
KamihagiyamaQ2 2025Forest ¥810K520 m²——
KamihagiyamaQ2 2025Forest ¥180K920 m²——
ShoyamaQ1 2025Land & building ¥1.2M370 m²——
OriwatariQ1 2025Land & building ¥4.5M540 m²1988—
KamihagiyamaQ1 2025Forest ¥6.9M8,888 m²——
KasumiQ1 2025Forest ¥160K680 m²——
MaruyamaQ4 2024Forest ¥52K155 m²——
FukumakiQ4 2024Forest ¥200K8,888 m²——
ChayaQ4 2024Farmland ¥3,0001,200 m²——
ChayaQ4 2024Forest ¥10K8,888 m²——
YatoQ4 2024Forest ¥34K170 m²——
KasumiQ4 2024Land & building ¥1.5M1,500 m²——
ChayaQ3 2024Farmland ¥80K2,300 m²——

Nearby areas

FAQ

What is the average land price in Nichinan Town?

The average price of residential land in Nichinan Town is ¥7,025 per m² (about ¥23,223 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Nichinan Town going up?

Land prices in Nichinan Town have fallen by -1.3% on average over the past year. Over five years the change is -6.1%.

What is the land price forecast for Nichinan Town?

The Fudosan Zukan model projects residential land prices to change by -0.9% a year, reaching about ¥6,425 per m² in 10 years (range ¥5,268–¥7,582). Forecasts are projections, not guarantees.

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

About ¥15.6 billion: land ¥7.9 billion and buildings ¥7.6 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥14.1 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.