Sakaemachi, Hofu City: property prices and land values

栄町(防府市)

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

Avg. residential land price
¥42K/m²
≈ $25/sq ft · 1 sites
#3 of 27 neighborhoods
Avg. commercial land price
¥79K/m²
≈ $46/sq ft · 1 sites
1-year change
+1.5%
Residential +2.4% · commercial +0.6%
5 years / 10 years
+5.9% / +6.4%
Same sites, chained
Pre-owned condos per m²
¥238K/m²
70 m² ≈ ¥16.6M · 7 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

¥0/m²¥50K/m²¥100K/m²¥150K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.0% a year
¥42K/m²¥43K/m²¥43K/m²¥44K/m²¥47K/m²

Forecasts are projections, not guarantees. 10-year range: ¥38K/m²–¥55K/m²

Sakaemachi, Hofu City compared with larger areas

AreaAvg. residential≈ USD/sq ftSakaemachi, Hofu City is1 year5 yearsCondos per m²Index
Sakaemachi, Hofu City ¥42K/m²$25/sq ft +1.5%+5.9% ¥238K/m²—
Hofu City ¥27K/m²$16/sq ft 1.6x+1.1%+3.4% ¥186K/m²63
Yamaguchi ¥30K/m²$18/sq ft 1.4x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.35x+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 防府市栄町1丁目20番41
Land Price Publication 2026
Commercial¥79K/m²$46/sq ft +0.6%防府
200 m
山口県 防府市栄町2丁目1169番12外
Land Price Publication 2026
Residential¥42K/m²$25/sq ft +2.4%防府
850 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 7 sales

Condos per m² (median)
¥238K/m²
Condo price (median)
¥20.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 8 · Land 2 · Land & building 1

DistrictPeriodTypePriceAreaBuiltPer m²
SakaemachiQ2 2026Pre-owned condo (contract) ¥20.0M65 m²2006¥308K/m²
SakaemachiQ2 2026Pre-owned condo ¥30.0M290 m²2006¥103K/m²
SakaemachiQ4 2025Pre-owned condo (contract) ¥6.0M80 m²1986¥75K/m²
SakaemachiQ3 2025Pre-owned condo (contract) ¥19.0M80 m²2006¥238K/m²
SakaemachiQ2 2025Pre-owned condo ¥26.0M70 m²2018¥371K/m²
SakaemachiQ1 2025Pre-owned condo (contract) ¥1.8M35 m²1985¥51K/m²
SakaemachiQ1 2025Pre-owned condo (contract) ¥20.0M65 m²2006¥308K/m²
SakaemachiQ4 2024Land & building ¥6.0M230 m²1974—
SakaemachiQ1 2024Pre-owned condo ¥13.0M130 m²2006¥100K/m²
SakaemachiQ1 2024Land ¥3.2M290 m²—¥11K/m²
SakaemachiQ4 2023Land ¥3.8M90 m²—¥43K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Sakaemachi, Hofu City is ¥42,200 per m² (about ¥139,504 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Sakaemachi, Hofu City going up?

Land prices in Sakaemachi, Hofu City have risen by +1.5% on average over the past year. Over five years the change is +5.9%.

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

The median price of pre-owned condo transactions in the last two years is ¥237,500 per m², with a median price of ¥20.0 million (7 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +1.0% a year, reaching about ¥46,557 per m² in 10 years (range ¥38,177–¥54,937). 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.