Shiba, Minabe Town: property prices and land values

芝(みなべ町)

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

Avg. residential land price
¥31K/m²
≈ $18/sq ft · 1 sites
#3 of 6 neighborhoods
Avg. commercial land price
¥40K/m²
≈ $24/sq ft · 1 sites
1-year change
−0.2%
Residential −0.3% · commercial −0.2%
5 years / 10 years
−4.6% / −14.1%
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
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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.6% a year
¥31K/m²¥31K/m²¥30K/m²¥30K/m²¥29K/m²

Forecasts are projections, not guarantees. 10-year range: ¥24K/m²–¥34K/m²

Shiba, Minabe Town compared with larger areas

AreaAvg. residential≈ USD/sq ftShiba, Minabe Town is1 year5 yearsCondos per m²Index
Shiba, Minabe Town ¥31K/m²$18/sq ft −0.2%−4.6% ——
Minabe Town ¥25K/m²$15/sq ft 1.2x−0.5%−4.1% —38
Wakayama ¥38K/m²$22/sq ft 0.81x−0.4%−3.4% ¥142K/m²21
Japan ¥120K/m²$70/sq ft 0.26x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
和歌山県 日高郡みなべ町芝字松原446番7
Land Price Publication 2026
Commercial¥40K/m²$24/sq ft −0.2%南部
200 m
和歌山県 日高郡みなべ町芝字芝添670番1
Land Price Publication 2026
Residential¥31K/m²$18/sq ft −0.3%南部
650 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 1 sales

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

Sales in the loaded period: Land & building 4 · Land 4

DistrictPeriodTypePriceAreaBuiltPer m²
ShibaQ2 2025Land & building ¥3.0M280 m²1968—
ShibaQ4 2024Land ¥13.0M590 m²—¥21K/m²
ShibaQ2 2024Land ¥6.0M290 m²—¥21K/m²
ShibaQ2 2024Land & building ¥8.0M200 m²1978—
ShibaQ1 2024Land & building ¥3.0M125 m²1969—
ShibaQ4 2023Land ¥1.2M200 m²—¥6,000/m²
ShibaQ4 2023Land ¥300K95 m²—¥3,100/m²
ShibaQ4 2023Land & building ¥7.2M150 m²2002—

Nearby neighborhoods

FAQ

What is the average land price in Shiba, Minabe Town?

The average price of residential land in Shiba, Minabe Town is ¥30,800 per m² (about ¥101,818 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shiba, Minabe Town going up?

Land prices in Shiba, Minabe Town have fallen by -0.2% on average over the past year. Over five years the change is -4.6%.

What is the land price forecast for Shiba, Minabe Town?

The Fudosan Zukan model projects residential land prices to change by -0.6% a year, reaching about ¥28,922 per m² in 10 years (range ¥23,716–¥34,128). 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.