Nishikokubu, Iwade City: property prices and land values

西国分(岩出市)

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

Avg. residential land price
No data
Avg. commercial land price
No data
1-year change
—
Residential — · commercial —
5 years / 10 years
−8.4% / −13.0%
Same sites, chained
Pre-owned condos per m²
¥55K/m²
70 m² ≈ ¥3.9M · 6 sales
Pre-owned houses (median)
No data
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

¥10K/m²¥12K/m²¥14K/m²¥16K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.1% a year
—¥12K/m²¥12K/m²¥12K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,694/m²–¥14K/m²

Nishikokubu, Iwade City compared with larger areas

AreaAvg. residential≈ USD/sq ftNishikokubu, Iwade City is1 year5 yearsCondos per m²Index
Nishikokubu, Iwade City —— —−8.4% ¥55K/m²—
Iwade City ¥38K/m²$22/sq ft +0.1%−2.0% ¥73K/m²51
Wakayama ¥38K/m²$22/sq ft −0.4%−3.4% ¥142K/m²21
Japan ¥120K/m²$70/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
和歌山県 岩出市西国分字西野々551番
Prefectural Survey 2026
Pre-residential¥12K/m²$7/sq ft −2.4%周辺の開発が活発な熟成度の高い宅地見込地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 10 sales

Condos per m² (median)
¥55K/m²
Condo price (median)
¥3.5M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 15 · Land & building 4 · Land 2

DistrictPeriodTypePriceAreaBuiltPer m²
NishikokubuQ1 2026Pre-owned condo (contract) ¥3.4M65 m²1992¥52K/m²
NishikokubuQ1 2026Pre-owned condo (contract) ¥3.5M60 m²1992¥58K/m²
NishikokubuQ4 2025Pre-owned condo (contract) ¥2.1M65 m²1990¥32K/m²
NishikokubuQ4 2025Pre-owned condo (contract) ¥4.4M60 m²1997¥73K/m²
NishikokubuQ3 2025Land ¥10.0M490 m²—¥21K/m²
NishikokubuQ3 2025Land & building ¥14.0M800 m²1999—
NishikokubuQ3 2025Pre-owned condo (contract) ¥4.7M60 m²1991¥78K/m²
NishikokubuQ3 2025Pre-owned condo (contract) ¥2.7M65 m²1991¥42K/m²
NishikokubuQ1 2025Land & building ¥5.0M230 m²1989—
NishikokubuQ1 2025Land ¥2.0M290 m²—¥6,900/m²
NishikokubuQ4 2024Pre-owned condo (contract) ¥1.0M60 m²1990¥17K/m²
NishikokubuQ4 2024Pre-owned condo (contract) ¥2.3M60 m²1992¥38K/m²
NishikokubuQ4 2024Land & building ¥45.0M9,999 m²1988—
NishikokubuQ3 2024Pre-owned condo (contract) ¥4.0M60 m²1990¥67K/m²
NishikokubuQ3 2024Pre-owned condo (contract) ¥3.8M65 m²1990¥58K/m²
NishikokubuQ2 2024Pre-owned condo (contract) ¥5.3M65 m²2000¥82K/m²
NishikokubuQ2 2024Land & building ¥2.5M160 m²1966—
NishikokubuQ1 2024Pre-owned condo (contract) ¥2.6M70 m²1991¥37K/m²
NishikokubuQ1 2024Pre-owned condo (contract) ¥4.4M65 m²1991¥68K/m²
NishikokubuQ1 2024Pre-owned condo (contract) ¥4.0M60 m²1992¥67K/m²

Nearby neighborhoods

FAQ

How much do pre-owned condos cost in Nishikokubu, Iwade City?

The median price of pre-owned condo transactions in the last two years is ¥55,320 per m², with a median price of ¥3.5 million (6 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Nishikokubu, Iwade City?

The Fudosan Zukan model projects residential land prices to change by -0.1% a year, reaching about ¥11,822 per m² in 10 years (range ¥9,694–¥13,950). 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 ¥158.29 = $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.