Hagi City: property prices and land values

萩市

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

Avg. residential land price
¥13K/m²
≈ $8/sq ft · 19 sites
#1266 of 1795 municipalities in Japan
Avg. commercial land price
¥28K/m²
≈ $17/sq ft · 7 sites
1-year change
−0.8%
Residential −0.9% · commercial −0.7%
5 years / 10 years
−6.6% / −18.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥4.4M
≈ $28K · 54 sales
Real Estate Zukan Index
33/100
#1214 in Japan
Total real estate value Estimate
¥223.2 billion
≈ $1.4B · land ¥143.6 billion + buildings ¥79.6 billion
#682 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/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.0% a year
¥13K/m²¥13K/m²¥13K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,762/m²–¥14K/m²

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

Total value (market estimate)
¥223.2 billion
≈ $1.4B · 0.02% of Japan
Land (market estimate)
¥143.6 billion
residential land ¥126.7 billion
Buildings (assessed)
¥79.6 billion
46,151 buildings · 4.5 km² floor area
Assessed value (fixed-asset tax)
¥185.2 billion
land ¥105.6 billion · buildings ¥79.6 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥88.7 billion¥126.7 billion10.6 km²¥12K/m²
Other land
farmland, forest, other
¥16.9 billion¥16.9 billion413.1 km²—
Buildings
wooden ¥41.6 billion · non-wooden ¥38.0 billion
¥79.6 billion¥79.6 billion4.5 km² floor—
Total¥185.2 billion¥223.2 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.

Hagi City compared with larger areas

AreaAvg. residential≈ USD/sq ftHagi City is1 year5 yearsCondos per m²Index
Hagi City ¥13K/m²$8/sq ft −0.8%−6.6% —33
Yamaguchi ¥30K/m²$18/sq ft 0.43x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$71/sq ft 0.11x+2.1%+8.0% ¥493K/m²—

Neighborhoods 51 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Furuuonotanamachi
古魚店町
¥29K/m² — +0.3% −0.3% — 1
Oaza Kawashima
川島
¥28K/m² — −0.4% −5.1% — 9
Oaza Hijiwara
土原
¥27K/m² ¥45K/m² −0.3% −5.8% — 10
Oaza Hiyakomachi
平安古町
¥27K/m² — ±0.0% −3.6% — 6
Oaza Tsubaki
椿
¥22K/m² ¥28K/m² ±0.0% −3.7% — 7
Oaza Yamada
山田
¥21K/m² — −0.9% −6.6% — 6
Oaza Chinto
椿東
¥18K/m² ¥26K/m² −0.3% −7.1% — 49
Oi
大井
¥11K/m² — −0.9% −6.8% — 24
三見
三見
¥9,700/m² — −1.0% −5.8% — —
Oaza Shimotama
下田万
¥7,650/m² — −1.3% −7.3% — 23
Oaza Esaki
江崎
¥6,900/m² ¥13K/m² −1.5% −7.1% — 1
Oaza Susa
須佐
¥6,810/m² ¥9,700/m² −2.0% −10.2% — 5
Oaza Akiragi
明木
¥3,670/m² — −1.3% −8.3% — 6
中小川
中小川
¥3,050/m² — −1.6% −7.9% — —
Oaza Fukuishimo
福井下
¥2,970/m² — −1.0% −5.7% — —
Oaza Kibekami
吉部上
¥2,680/m² — −1.1% −8.2% — 2
Kawakami
川上
¥2,650/m² — −1.9% −10.5% — 1
Oaza Sasanami
佐々並
¥2,300/m² — −1.7% −10.2% — 2
Oaza Emukai
江向
— — — — — 10
Oaza Horiuchi
堀内
— — — — — 3
Oaza Fukuikami
福井上
— — — — — 5
Oaza Shimoogawa
下小川
— — — — — —
Oaza Shibuki
紫福
— — — — — 2
Oaza Higashihamasakicho
東浜崎町
— — — — — 1
Oaza Hamasakimachi
浜崎町
— — — — — —
Oaza Kozoe
河添
— — — — — 1
Oaza Shimogokemmachi
下五間町
— — — — — 3
Oaza Higashidamachi
東田町
— — — — — 1
Oaza Kitafuruhagimachi
北古萩町
— — — — — 2
Oaza Kibeshimo
吉部下
— — — — — 2
Oaza Taruyacho
樽屋町
— — — — — —
Oaza Yoshidacho
吉田町
— — — — — 1
Oaza Komeyacho
米屋町
— — — — — 2
Oaza Nishidamachi
西田町
— — — — — 1
Oaza Minamifuruhagimachi
南古萩町
— — — — — —
Mishima
見島
— — — — — —
Oaza Suzunogawa
鈴野川
— — — — — —
Oaza Yadomishimo
弥富下
— — — — — —
Oaza Takasakami
高佐上
— — — — — —
Oaza Aburayacho
油屋町
— — — — — —
Oaza Imauonotanamachi
今魚店町
— — — — — 1
Oaza Kamiogawahigashibun
上小川東分
— — — — — 1
Oaza Omotomachi
御許町
— — — — — 1
Oaza Kurogawa
黒川
— — — — — 1
Oaza Tsumoricho
津守町
— — — — — 1
Oaza Kawaramachi
瓦町
— — — — — —
Oaza Takasashimo
高佐下
— — — — — —
Oaza Gofukumachi
呉服町
— — — — — —
Oaza Saikumachi
細工町
— — — — — —
Oaza Furuhagimachi
古萩町
— — — — — —
橋本町
橋本町
— ¥30K/m² ±0.0% −2.6% — —

Official land price survey sites highest first · 27 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山口県 萩市大字土原字川島沖田487番2外
Land Price Publication 2026
Commercial¥50K/m²$29/sq ft −0.2%東萩
1.5 km
山口県 萩市大字土原字土原15番外
Land Price Publication 2026
Commercial¥41K/m²$24/sq ft −0.7%東萩
1.5 km
山口県 萩市大字橋本町字橋本町74番外
Prefectural Survey 2026
Commercial¥30K/m²$18/sq ft ±0.0%低層店舗、中層マンション、一般住宅等が混在する路線商業地域
山口県 萩市大字古魚店町字古魚店町40番外
Prefectural Survey 2026
Residential¥29K/m²$17/sq ft +0.3%中小規模一般住宅が建ち並ぶ既成住宅地域
山口県 萩市大字川島字川島452番3
Land Price Publication 2026
Residential¥28K/m²$17/sq ft −0.4%萩
1.5 km
山口県 萩市大字椿字立川2376番3
Prefectural Survey 2026
Commercial¥28K/m²$16/sq ft ±0.0%店舗兼住宅、営業所等が建ち並ぶ駅前の商業地域
山口県 萩市大字土原字土原135番1外
Land Price Publication 2026
Residential¥27K/m²$16/sq ft ±0.0%東萩
1.1 km
山口県 萩市大字平安古町字平安古77番18
Prefectural Survey 2026
Residential¥27K/m²$16/sq ft ±0.0%中規模一般住宅を中心とした住宅地域
山口県 萩市大字椿東字雁嶋3072番1外
Prefectural Survey 2026
Commercial¥26K/m²$15/sq ft −0.4%低層店舗、事務所及び一般住宅等が混在する商業地域
山口県 萩市大字椿字金谷2931番3外
Prefectural Survey 2026
Residential¥22K/m²$13/sq ft ±0.0%中規模一般住宅を中心に、アパート等も見られる住宅地域
山口県 萩市大字山田字玉江浦5153番53
Prefectural Survey 2026
Residential¥21K/m²$13/sq ft −0.9%中規模一般住宅が建ち並ぶ既成住宅地域
山口県 萩市大字椿東字南前小畑4431番3外
Prefectural Survey 2026
Residential¥20K/m²$12/sq ft ±0.0%中規模住宅、農家住宅が見られる郊外の既成住宅地域
山口県 萩市大字椿東字上野台1108番6外
Land Price Publication 2026
Residential¥16K/m²$10/sq ft −0.6%東萩
2.0 km
山口県 萩市大字江崎字大沢396番5
Prefectural Survey 2026
Commercial¥13K/m²$7/sq ft −1.6%中規模の低層店舗が多い国道沿いの商業地域
山口県 萩市大井字下円光寺1583番1
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft −0.9%中規模一般住宅、農家住宅等が散在する比較的農地の多い住宅地域
山口県 萩市大字須佐字水海4980番13外
Prefectural Survey 2026
Commercial¥9,700/m²$6/sq ft −2.0%小規模の店舗兼住宅が見られる駅前の商業地域
山口県 萩市三見字南江尻3419番9
Prefectural Survey 2026
Residential¥9,700/m²$6/sq ft −1.0%中規模一般住宅が建ち並ぶ郊外の既成住宅地域
山口県 萩市大字下田万字大堤10527番8
Prefectural Survey 2026
Residential¥7,650/m²$5/sq ft −1.3%中規模一般住宅が多い区画整然とした住宅団地
山口県 萩市大字江崎字弐反田9214番14
Prefectural Survey 2026
Residential¥6,900/m²$4/sq ft −1.4%中規模一般住宅が多い漁港背後の住宅地域
山口県 萩市大字須佐字河原町4334番
Prefectural Survey 2026
Residential¥6,810/m²$4/sq ft −2.0%中小規模の一般住宅が建ち並ぶ住宅地域
山口県 萩市大字明木字東市3235番外
Prefectural Survey 2026
Residential¥3,670/m²$2/sq ft −1.3%総合事務所を含み一般住宅が多い住宅地域
山口県 萩市大字椿東字中津江454番1
Prefectural Survey 2026
Pre-residential¥3,300/m²$2/sq ft −1.5%周辺に一般住宅のほかに農家住宅が見られる宅地見込地地域
山口県 萩市大字中小川字三明中623番4外
Prefectural Survey 2026
Residential¥3,050/m²$2/sq ft −1.6%農家住宅のほか店舗等も見られる住宅地域
山口県 萩市大字福井下字明ケ迫4080番3外
Prefectural Survey 2026
Residential¥2,970/m²$2/sq ft −1.0%中規模一般住宅が建ち並ぶ県道沿いの住宅地域
山口県 萩市大字吉部上字畠田3180番1
Prefectural Survey 2026
Residential¥2,680/m²$2/sq ft −1.1%一般住宅、農家住宅が混在する住宅地域
山口県 萩市川上字白上946番26
Prefectural Survey 2026
Residential¥2,650/m²$2/sq ft −1.9%中規模一般住宅が多い高台の住宅地域
山口県 萩市大字佐々並字犬鳴1884番
Prefectural Survey 2026
Residential¥2,300/m²$1/sq ft −1.7%中規模一般住宅、農家住宅、小売店舗等が混在する旧来よりの住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 191 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥4.4M
Land per m² (median)
¥13K/m²

Sales in the loaded period: Land & building 103 · Farmland 90 · Land 88 · Forest 69 · Pre-owned condo 1

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza HigashidamachiQ2 2026Land & building ¥7.6M140 m²——
Oaza KomeyachoQ2 2026Land & building ¥800K165 m²1978—
Oaza KawashimaQ2 2026Land & building ¥27.0M260 m²2026—
Oaza KawashimaQ2 2026Land ¥7.5M250 m²—¥30K/m²
Oaza YoshidachoQ2 2026Land & building ¥13.0M380 m²1968—
Oaza HiyakomachiQ2 2026Land & building ¥3.0M185 m²1989—
Oaza TsubakiQ2 2026Land & building ¥1.0M410 m²——
Oaza ChintoQ2 2026Land & building ¥15.0M1,100 m²1967—
Oaza ChintoQ2 2026Land ¥700K70 m²—¥10K/m²
OiQ2 2026Farmland ¥140K150 m²——
OiQ2 2026Farmland ¥1.6M1,600 m²——
OiQ2 2026Farmland ¥980K830 m²——
OiQ2 2026Land & building ¥900K300 m²——
OiQ2 2026Land ¥800K330 m²—¥2,400/m²
OiQ2 2026Farmland ¥1.2M1,400 m²——
Oaza YamadaQ1 2026Farmland ¥120K600 m²——
Oaza YamadaQ1 2026Farmland ¥84K420 m²——
Oaza YamadaQ1 2026Land ¥500K85 m²—¥5,800/m²
Oaza HijiwaraQ1 2026Land & building ¥4.0M240 m²——
Oaza HijiwaraQ1 2026Land & building ¥1.3M155 m²——

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

Market activity
56
1-year growth
34
5-year growth
26
10-year growth
17
Price level
29

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 Hagi City?

The average price of residential land in Hagi City is ¥13,188 per m² (about ¥43,597 per tsubo), based on 19 sites in the official land price surveys (2026).

Are land prices in Hagi City going up?

Land prices in Hagi City have fallen by -0.8% on average over the past year. Over five years the change is -6.6%.

What is the land price forecast for Hagi City?

The Fudosan Zukan model projects residential land prices to change by -1.0% a year, reaching about ¥11,905 per m² in 10 years (range ¥9,762–¥14,048). Forecasts are projections, not guarantees.

What is the total value of real estate in Hagi City?

About ¥223.2 billion: land ¥143.6 billion and buildings ¥79.6 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥185.2 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.