Iwabatake, Hofu City: property prices and land values

岩畠(防府市)

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

Avg. residential land price
¥30K/m²
≈ $17/sq ft · 1 sites
#10 of 27 neighborhoods
Avg. commercial land price
No data
1-year change
+1.7%
Residential +1.7% · commercial —
5 years / 10 years
+5.4% / +5.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥22.5M
≈ $142K · 6 sales
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¥30K/m²¥40K/m²¥50K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.6% a year
¥30K/m²¥30K/m²¥30K/m²¥30K/m²¥31K/m²

Forecasts are projections, not guarantees. 10-year range: ¥26K/m²–¥37K/m²

Iwabatake, Hofu City compared with larger areas

AreaAvg. residential≈ USD/sq ftIwabatake, Hofu City is1 year5 yearsCondos per m²Index
Iwabatake, Hofu City ¥30K/m²$17/sq ft +1.7%+5.4% ——
Hofu City ¥27K/m²$16/sq ft 1.1x+1.1%+3.4% ¥186K/m²63
Yamaguchi ¥30K/m²$18/sq ft 0.97x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.25x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山口県 防府市岩畠1丁目3981番12外
Prefectural Survey 2026
Residential¥30K/m²$17/sq ft +1.7%中規模一般住宅の中に店舗等も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 12 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥22.5M
Land per m² (median)
¥14K/m²

Sales in the loaded period: Land & building 11 · Land 10

DistrictPeriodTypePriceAreaBuiltPer m²
IwabatakeQ2 2026Land & building (contract) ¥9.8M490 m²1987—
IwabatakeQ1 2026Land & building ¥35.0M640 m²1999—
IwabatakeQ1 2026Land & building ¥10.0M230 m²2008—
IwabatakeQ3 2025Land & building (contract) ¥22.0M220 m²2019—
IwabatakeQ3 2025Land ¥3.0M220 m²—¥14K/m²
IwabatakeQ3 2025Land ¥4.1M300 m²—¥14K/m²
IwabatakeQ3 2025Land ¥5.4M250 m²—¥22K/m²
IwabatakeQ2 2025Land & building ¥53.0M490 m²1985—
IwabatakeQ2 2025Land ¥4.2M310 m²—¥14K/m²
IwabatakeQ2 2025Land ¥4.3M310 m²—¥14K/m²
IwabatakeQ2 2025Land ¥3.0M1,700 m²—¥1,700/m²
IwabatakeQ2 2025Land & building (contract) ¥23.0M675 m²1994—
IwabatakeQ4 2024Land & building ¥17.0M220 m²1992—
IwabatakeQ3 2024Land ¥5.0M165 m²—¥30K/m²
IwabatakeQ2 2024Land & building (contract) ¥18.0M265 m²1997—
IwabatakeQ2 2024Land ¥1.4M45 m²—¥30K/m²
IwabatakeQ2 2024Land ¥1.0M890 m²—¥1,100/m²
IwabatakeQ2 2024Land & building ¥3.5M220 m²1971—
IwabatakeQ2 2024Land ¥15.0M1,200 m²—¥12K/m²
IwabatakeQ1 2024Land & building ¥18.0M210 m²2023—

Nearby neighborhoods

FAQ

What is the average land price in Iwabatake, Hofu City?

The average price of residential land in Iwabatake, Hofu City is ¥29,500 per m² (about ¥97,521 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Iwabatake, Hofu City going up?

Land prices in Iwabatake, Hofu City have risen by +1.7% on average over the past year. Over five years the change is +5.4%.

What is the land price forecast for Iwabatake, Hofu City?

The Fudosan Zukan model projects residential land prices to change by +0.6% a year, reaching about ¥31,438 per m² in 10 years (range ¥25,779–¥37,097). 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.