Midorimachi, Hofu City: property prices and land values

緑町(防府市)

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

Avg. residential land price
¥38K/m²
≈ $23/sq ft · 1 sites
#4 of 27 neighborhoods
Avg. commercial land price
¥53K/m²
≈ $31/sq ft · 1 sites
1-year change
+1.0%
Residential +1.1% · commercial +0.8%
5 years / 10 years
+2.6% / +2.8%
Same sites, chained
Pre-owned condos per m²
¥187K/m²
70 m² ≈ ¥13.1M · 4 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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.6% a year
¥38K/m²¥39K/m²¥39K/m²¥39K/m²¥41K/m²

Forecasts are projections, not guarantees. 10-year range: ¥33K/m²–¥48K/m²

Midorimachi, Hofu City compared with larger areas

AreaAvg. residential≈ USD/sq ftMidorimachi, Hofu City is1 year5 yearsCondos per m²Index
Midorimachi, Hofu City ¥38K/m²$23/sq ft +1.0%+2.6% ¥187K/m²—
Hofu City ¥27K/m²$16/sq ft 1.4x+1.1%+3.4% ¥186K/m²63
Yamaguchi ¥30K/m²$18/sq ft 1.3x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.32x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山口県 防府市緑町1丁目1383番4
Land Price Publication 2026
Commercial¥53K/m²$31/sq ft +0.8%防府
700 m
山口県 防府市緑町1丁目1341番19
Land Price Publication 2026
Residential¥38K/m²$23/sq ft +1.1%防府
900 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 6 sales

Condos per m² (median)
¥187K/m²
Condo price (median)
¥14.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 5 · Land & building 2 · Land 2

DistrictPeriodTypePriceAreaBuiltPer m²
MidorimachiQ2 2026Pre-owned condo (contract) ¥15.0M75 m²2007¥200K/m²
MidorimachiQ2 2026Pre-owned condo (contract) ¥13.0M75 m²2007¥173K/m²
MidorimachiQ2 2026Land & building (contract) ¥12.0M290 m²1991—
MidorimachiQ1 2026Pre-owned condo ¥19.0M95 m²2002¥200K/m²
MidorimachiQ4 2025Pre-owned condo (contract) ¥8.6M70 m²1991¥123K/m²
MidorimachiQ2 2025Land & building ¥30.0M180 m²2025—
MidorimachiQ2 2024Land ¥19.0M380 m²—¥50K/m²
MidorimachiQ1 2024Pre-owned condo (contract) ¥13.0M75 m²1991¥173K/m²
MidorimachiQ1 2024Land ¥1.6M280 m²—¥5,800/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Midorimachi, Hofu City is ¥38,400 per m² (about ¥126,942 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Midorimachi, Hofu City going up?

Land prices in Midorimachi, Hofu City have risen by +1.0% on average over the past year. Over five years the change is +2.6%.

How much do pre-owned condos cost in Midorimachi, Hofu City?

The median price of pre-owned condo transactions in the last two years is ¥186,666 per m², with a median price of ¥14.0 million (4 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +0.6% a year, reaching about ¥40,561 per m² in 10 years (range ¥33,260–¥47,862). 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.