Iwakuni City: property prices and land values

岩国市

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

Avg. residential land price
¥39K/m²
≈ $23/sq ft · 58 sites
#598 of 1795 municipalities in Japan
Avg. commercial land price
¥69K/m²
≈ $41/sq ft · 22 sites
1-year change
+0.3%
Residential +0.4% · commercial +0.1%
5 years / 10 years
+0.9% / −0.9%
Same sites, chained
Pre-owned condos per m²
¥229K/m²
70 m² ≈ ¥16.0M · 41 sales
Pre-owned houses (median)
¥16.0M
≈ $102K · 164 sales
Real Estate Zukan Index
63/100
#586 in Japan
Total real estate value Estimate
¥1.0 trillion
≈ $6.4B · land ¥733.9 billion + buildings ¥267.4 billion
#220 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

¥25K/m²¥50K/m²¥75K/m²¥100K/m²¥125K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.2% a year
¥39K/m²¥39K/m²¥39K/m²¥40K/m²¥40K/m²

Forecasts are projections, not guarantees. 10-year range: ¥33K/m²–¥47K/m²

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

Total value (market estimate)
¥1.0 trillion
≈ $6.4B · 0.07% of Japan
Land (market estimate)
¥733.9 billion
residential land ¥666.5 billion
Buildings (assessed)
¥267.4 billion
99,349 buildings · 10.7 km² floor area
Assessed value (fixed-asset tax)
¥801.3 billion
land ¥533.9 billion · buildings ¥267.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥466.6 billion¥666.5 billion25.4 km²¥26K/m²
Other land
farmland, forest, other
¥67.3 billion¥67.3 billion590.4 km²—
Buildings
wooden ¥110.3 billion · non-wooden ¥157.0 billion
¥267.4 billion¥267.4 billion10.7 km² floor—
Total¥801.3 billion¥1.0 trillion

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.

Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftIwakuni City is1 year5 yearsCondos per m²Index
Iwakuni City ¥39K/m²$23/sq ft +0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 1.3x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$71/sq ft 0.33x+2.1%+8.0% ¥493K/m²—

Neighborhoods 91 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Imazumachi
今津町
¥95K/m² ¥80K/m² +1.9% +8.7% ¥242K/m² 10
Tateishimachi
立石町
¥76K/m² — +1.6% +8.9% — 2
Ozumachi
尾津町
¥75K/m² ¥90K/m² +1.0% +6.0% — 4
Minamiiwakunimachi
南岩国町
¥70K/m² — +3.1% +16.5% — 23
Kusunokimachi
楠町
¥69K/m² — +2.2% +12.1% — 2
Kurumamachi
車町
¥67K/m² ¥75K/m² +1.4% +7.4% — 10
Nishimi
錦見
¥65K/m² ¥79K/m² +1.5% +7.2% — 26
Nakazumachi
中津町
¥64K/m² — +2.1% +11.0% — 7
Showamachi
昭和町
¥62K/m² ¥89K/m² +1.8% +8.1% — 7
Iwakuni
岩国
¥60K/m² ¥77K/m² +0.4% +1.6% — 16
Muronokimachi
室の木町
¥57K/m² ¥90K/m² +1.7% +7.5% — 10
Yokoyama
横山
¥53K/m² — +1.3% +5.6% — 5
Shozokumachi
装束町
¥52K/m² ¥40K/m² +0.2% +1.6% — 8
Monzemmachi
門前町
¥49K/m² — +1.2% +5.2% — 8
Ushinoyamachi
牛野谷町
¥49K/m² — +1.5% +6.6% — 7
Hirata
平田
¥46K/m² ¥72K/m² +0.9% +3.4% — 26
Kawanishi
川西
¥39K/m² — ±0.0% +0.3% — 3
Tsuzu
通津
¥38K/m² — +0.1% −2.7% — 44
Misho
御庄
¥38K/m² — ±0.0% ±0.0% — 3
Yuumachichuo
由宇町中央
¥36K/m² ¥40K/m² −0.1% −0.9% — 1
Kuroisomachi
黒磯町
¥34K/m² — +0.6% +5.5% — 3
Yuumachiminato
由宇町港
¥33K/m² — +0.3% +0.9% — 1
Hozumachi
保津町
¥32K/m² — ±0.0% ±0.0% — 14
Kugamachi
玖珂町
¥31K/m² ¥37K/m² ±0.0% −0.4% — 19
Midoromachi
海土路町
¥30K/m² — ±0.0% −0.5% — 3
Yuumachichidorigaoka
由宇町千鳥ケ丘
¥28K/m² — −0.4% −1.8% — 3
Fujumachi
藤生町
¥27K/m² — ±0.0% ±0.0% — 30
Shutomachishimokubara
周東町下久原
¥26K/m² ¥26K/m² +0.1% +0.5% — 7
Yumachikita
由宇町北
¥26K/m² — +0.4% +1.6% — 2
Yuumachiminami
由宇町南
¥24K/m² — ±0.0% −2.0% — 3
Yuumachi
由宇町
¥13K/m² — −0.8% −4.4% — —
Ogimachi
青木町
¥10K/m² — −1.0% −5.7% — 5
Miwamachishibukuma
美和町渋前
¥8,900/m² ¥11K/m² −2.0% −9.2% — 4
Shutomachisoo
周東町祖生
¥8,720/m² — −0.9% −4.4% — 3
Nishikimachihirose
錦町広瀬
¥7,320/m² ¥12K/m² −4.0% −19.9% — —
Shutomachinishinagano
周東町西長野
¥5,350/m² — −1.5% −7.0% — 3
Hongomachihongo
本郷町本郷
¥3,400/m² — −2.0% −12.6% — 1
Miwamachishimohata
美和町下畑
¥3,030/m² — −2.3% −11.7% — —
Mikawamachikogawa
美川町小川
¥3,000/m² — −3.2% −14.3% — —
錦町中ノ瀬
錦町中ノ瀬
¥2,750/m² — −1.8% −8.3% — —
Nishikimachiusago
錦町宇佐郷
¥2,230/m² — −2.6% −12.9% — —
Marifumachi
麻里布町
— ¥103K/m² +0.3% +0.4% ¥214K/m² 33
Nagano
長野
— — — −1.4% — 7
Kawashimomachi
川下町
— — — — — 11
Motomachi
元町
— ¥86K/m² +1.5% +7.1% ¥243K/m² 8
Yamatemachi
山手町
— — — — — 5
Mikasamachi
三笠町
— — — — — 7
Tada
多田
— — — — — 4
Shutomachikamikubara
周東町上久原
— — — — — 3
Shutomachiyoda
周東町用田
— — — — — 3
Kawaguchimachi
川口町
— — — — — 2
Oze
小瀬
— — — — — 3
Yuumachiminamioki
由宇町南沖
— — — — — 1
Miwamachikitanakayama
美和町北中山
— — — — — 4
Asahimachi
旭町
— — — +2.0% — 2
Sekido
関戸
— — — — — 1
Shutomachisasugawa
周東町差川
— — — — — 2
Miwamachiakigake
美和町秋掛
— — — — — 1
Hataki
廿木
— — — — — 2
Miwamachiikimi
美和町生見
— — — — — —
Shimo
下
— — — — — 2
Shimminatomachi
新港町
— — — — — 2
Miwamachiyuritani
美和町百合谷
— — — — — —
Katsuramachi
桂町
— — — — — —
Nishikimachinotani
錦町野谷
— — — — — —
Miwamachiaka
美和町阿賀
— — — — — 2
Ajina
阿品
— — — — — 1
Shutomachisanzegawa
周東町三瀬川
— — — — — —
Yuumachishinto
由宇町神東
— — — — — 2
Miwamachikamagahara
美和町釜ケ原
— — — — — —
Tawara
田原
— — — — — —
Habu
土生
— — — — — 1
Miwamachinishihata
美和町西畑
— — — — — 1
Shutomachinakayama
周東町中山
— — — — — —
Miwamachisazaka
美和町佐坂
— — — — — 1
Nishikimachisugawa
錦町須川
— — — — — —
Tennoo
天尾
— — — — — —
Shutomachikawakami
周東町川上
— — — — — —
Nishikimachifunotani
錦町府谷
— — — — — —
Miwamachikurozawa
美和町黒沢
— — — — — —
Yuumachinishi
由宇町西
— — — — — —
Sunayamamachi
砂山町
— — — — — —
Chikanobu
近延
— — — — — —
Nishikimachifukagawa
錦町深川
— — — — — 1
Miwamachitanokuchi
美和町田ノ口
— — — — — —
Otani
大谷
— — — — — 1
Shutomachishimosudori
周東町下須通
— — — — — 1
Yukaba
行波
— — — — — 1
Kanogi
叶木
— — — — — —
飯田町
飯田町
— — — +1.9% — —
美川町南桑
美川町南桑
— ¥7,040/m² −2.5% −10.9% — —

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山口県 岩国市麻里布町2丁目72番3
Prefectural Survey 2026
Commercial¥145K/m²$86/sq ft −0.7%小売店舗、スーパー等が建ち並ぶ国道沿いの商業地域
山口県 岩国市麻里布町1丁目4番2
Land Price Publication 2026
Commercial¥110K/m²$65/sq ft ±0.0%岩国
130 m
山口県 岩国市今津町4丁目114番12
Land Price Publication 2026
Residential¥95K/m²$56/sq ft +2.2%岩国
1.6 km
山口県 岩国市麻里布町6丁目107番3外
Land Price Publication 2026
Commercial¥94K/m²$56/sq ft +0.6%岩国
740 m
山口県 岩国市室の木町1丁目503番1外
Land Price Publication 2026
Commercial¥90K/m²$53/sq ft +1.9%岩国
1.4 km
山口県 岩国市尾津町2丁目470番3
Prefectural Survey 2026
Commercial¥90K/m²$53/sq ft +0.3%店舗、事務所等が建ち並ぶ国道沿いの商業地域
山口県 岩国市尾津町2丁目470番3
Land Price Publication 2026
Commercial¥90K/m²$53/sq ft +0.4%南岩国
250 m
山口県 岩国市昭和町1丁目90番7
Land Price Publication 2026
Commercial¥89K/m²$52/sq ft +1.4%岩国
170 m
山口県 岩国市元町3丁目117番9外
Land Price Publication 2026
Commercial¥86K/m²$51/sq ft +1.5%岩国
670 m
山口県 岩国市麻里布町3丁目119番4
Prefectural Survey 2026
Commercial¥86K/m²$51/sq ft +0.4%小売店舗、飲食店舗、ビル等が混在する商業地域
山口県 岩国市南岩国町1丁目116番9
Prefectural Survey 2026
Residential¥84K/m²$50/sq ft +3.3%中規模一般住宅が建ち並ぶ利便性の良い住宅地域
山口県 岩国市麻里布町4丁目49番24外
Land Price Publication 2026
Commercial¥82K/m²$48/sq ft +1.0%岩国
350 m
山口県 岩国市今津町4丁目726番10
Land Price Publication 2026
Commercial¥80K/m²$47/sq ft +1.5%岩国
1.2 km
山口県 岩国市錦見3丁目136番外
Land Price Publication 2026
Commercial¥79K/m²$46/sq ft +0.1%西岩国
420 m
山口県 岩国市岩国1丁目355番
Land Price Publication 2026
Commercial¥77K/m²$45/sq ft +0.3%西岩国
1.6 km
山口県 岩国市立石町3丁目3155番7
Prefectural Survey 2026
Residential¥76K/m²$45/sq ft +1.6%一般住宅等が建ち並ぶ区画整然とした住宅地域
山口県 岩国市尾津町2丁目490番9
Land Price Publication 2026
Residential¥75K/m²$44/sq ft +2.4%南岩国
500 m
山口県 岩国市車町2丁目229番1
Prefectural Survey 2026
Commercial¥75K/m²$44/sq ft +0.7%飲食店舗、小売店舗、医院等が建ち並ぶ商業地域
山口県 岩国市平田6丁目445番3
Land Price Publication 2026
Commercial¥72K/m²$43/sq ft +0.6%南岩国
1.8 km
山口県 岩国市南岩国町3丁目812番25
Prefectural Survey 2026
Residential¥72K/m²$42/sq ft +3.5%中規模一般住宅が建ち並ぶ利便性の良い住宅地域
山口県 岩国市錦見1丁目997番31
Land Price Publication 2026
Residential¥72K/m²$42/sq ft +2.3%西岩国
600 m
山口県 岩国市南岩国町3丁目812番25
Land Price Publication 2026
Residential¥71K/m²$42/sq ft +3.5%南岩国
1.3 km
山口県 岩国市楠町3丁目747番1
Prefectural Survey 2026
Residential¥69K/m²$41/sq ft +2.2%中規模一般住宅が多い平坦な住宅地域
山口県 岩国市車町3丁目457番7外
Prefectural Survey 2026
Residential¥67K/m²$39/sq ft +2.0%住宅、アパート等が混在する米軍基地近くの住宅地域
山口県 岩国市室の木町2丁目10379番12
Prefectural Survey 2026
Residential¥65K/m²$38/sq ft +2.5%中規模一般住宅が多く見られる住宅地域
山口県 岩国市中津町3丁目1498番17
Land Price Publication 2026
Residential¥64K/m²$38/sq ft +2.1%岩国
2.8 km
山口県 岩国市昭和町2丁目15番12
Land Price Publication 2026
Residential¥62K/m²$37/sq ft +2.3%岩国
650 m
山口県 岩国市岩国3丁目3293番
Prefectural Survey 2026
Residential¥60K/m²$36/sq ft +0.5%中規模一般住宅が建ち並ぶ既成住宅地域
山口県 岩国市錦見3丁目10131番48
Land Price Publication 2026
Residential¥58K/m²$34/sq ft +2.1%西岩国
750 m
山口県 岩国市平田6丁目1149番19
Land Price Publication 2026
Residential¥55K/m²$33/sq ft +1.3%南岩国
2.6 km
山口県 岩国市南岩国町5丁目11277番100
Land Price Publication 2026
Residential¥55K/m²$33/sq ft +2.0%南岩国
2.0 km
山口県 岩国市横山1丁目157番
Land Price Publication 2026
Residential¥53K/m²$31/sq ft +1.3%川西
1.2 km
山口県 岩国市装束町2丁目622番15
Prefectural Survey 2026
Residential¥52K/m²$31/sq ft +0.4%中小規模の一般住宅が建ち並ぶ住宅地域
山口県 岩国市牛野谷町3丁目10275番52
Land Price Publication 2026
Residential¥50K/m²$30/sq ft +1.4%西岩国
2.4 km
山口県 岩国市門前町2丁目10005番11
Prefectural Survey 2026
Residential¥49K/m²$29/sq ft +1.2%中規模一般住宅が建ち並ぶ住宅地域
山口県 岩国市室の木町4丁目10番35
Land Price Publication 2026
Residential¥49K/m²$29/sq ft +0.8%西岩国
1.3 km
山口県 岩国市平田1丁目1609番18
Prefectural Survey 2026
Residential¥47K/m²$28/sq ft +1.5%中規模一般住宅が建ち並ぶ丘陵地にある閑静な住宅地域
山口県 岩国市牛野谷町2丁目180番1外
Prefectural Survey 2026
Residential¥47K/m²$28/sq ft +1.7%中規模一般住宅が多い閑静な住宅地域
山口県 岩国市通津字中町2608番
Land Price Publication 2026
Residential¥41K/m²$24/sq ft ±0.0%通津
350 m
山口県 岩国市由宇町中央1丁目6133番2
Prefectural Survey 2026
Commercial¥40K/m²$23/sq ft ±0.0%店舗、事務所等が見られる駅に近い国道沿いの商業地域
山口県 岩国市装束町1丁目774番31外
Prefectural Survey 2026
Commercial¥40K/m²$23/sq ft ±0.0%事務所、営業所等が建ち並ぶ国道沿いの地域
山口県 岩国市川西3丁目907番
Land Price Publication 2026
Residential¥39K/m²$23/sq ft ±0.0%川西
300 m
山口県 岩国市海土路町2丁目11147番23
Prefectural Survey 2026
Residential¥38K/m²$22/sq ft ±0.0%中規模一般住宅が建ち並ぶ住宅地域
山口県 岩国市御庄3丁目119番17
Prefectural Survey 2026
Residential¥38K/m²$22/sq ft ±0.0%中規模一般住宅が見られる区画整理済の住宅地域
山口県 岩国市玖珂町字新町6057番1
Land Price Publication 2026
Commercial¥37K/m²$22/sq ft −0.5%玖珂
780 m
山口県 岩国市旭町1丁目657番7外
Land Price Publication 2026
Industrial¥36K/m²$21/sq ft +0.6%岩国
2.2 km
山口県 岩国市玖珂町字本郷原837番2外
Land Price Publication 2026
Residential¥36K/m²$21/sq ft +0.3%玖珂
270 m
山口県 岩国市由宇町中央2丁目6429番8
Prefectural Survey 2026
Residential¥36K/m²$21/sq ft −0.3%中規模一般住宅が建ち並ぶ小学校に近い住宅地域
山口県 岩国市平田4丁目10507番13
Land Price Publication 2026
Residential¥35K/m²$21/sq ft +0.3%南岩国
2.7 km
山口県 岩国市通津字南白崎3634番14
Prefectural Survey 2026
Residential¥35K/m²$21/sq ft +0.3%中規模一般住宅が多い郊外の閑静な住宅地域
山口県 岩国市黒磯町2丁目419番61
Land Price Publication 2026
Residential¥34K/m²$20/sq ft +0.6%藤生
1.1 km
山口県 岩国市由宇町港1丁目6130番5
Prefectural Survey 2026
Residential¥33K/m²$19/sq ft +0.3%中規模一般住宅、アパート等が混在する住宅地域
山口県 岩国市保津町2丁目10308番16
Land Price Publication 2026
Residential¥32K/m²$19/sq ft ±0.0%通津
2.0 km
山口県 岩国市玖珂町字阿山町6092番5
Prefectural Survey 2026
Residential¥32K/m²$19/sq ft ±0.0%中規模一般住宅が建ち並ぶ既成住宅地域
山口県 岩国市周東町下久原字明見田597番4
Land Price Publication 2026
Residential¥31K/m²$18/sq ft +0.3%周防高森
1.5 km
山口県 岩国市玖珂町字鞍懸原490番18
Prefectural Survey 2026
Residential¥31K/m²$18/sq ft ±0.0%中規模一般住宅が多い郊外の住宅地域
山口県 岩国市玖珂町字丈六1066番6
Prefectural Survey 2026
Residential¥30K/m²$18/sq ft ±0.0%中規模一般住宅が多い県道沿いの住宅地域
山口県 岩国市玖珂町字大土井5393番6
Prefectural Survey 2026
Residential¥29K/m²$17/sq ft ±0.0%一般住宅、農家住宅のほかアパート等が混在する住宅地域
山口県 岩国市由宇町千鳥ヶ丘2丁目13793番23
Land Price Publication 2026
Residential¥28K/m²$16/sq ft −0.4%由宇
1.3 km
山口県 岩国市藤生町2丁目1444番2
Prefectural Survey 2026
Residential¥27K/m²$16/sq ft ±0.0%農地の中に農家住宅等が見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 438 sales

Condos per m² (median)
¥229K/m²
Condo price (median)
¥16.0M
Land & building (median)
¥16.0M
Land per m² (median)
¥36K/m²

Sales in the loaded period: Land & building 311 · Land 284 · Farmland 110 · Forest 103 · Pre-owned condo 71

DistrictPeriodTypePriceAreaBuiltPer m²
MotomachiQ2 2026Pre-owned condo (contract) ¥17.0M90 m²1999¥189K/m²
MotomachiQ2 2026Pre-owned condo (contract) ¥17.0M70 m²2002¥243K/m²
MotomachiQ2 2026Pre-owned condo (contract) ¥33.0M70 m²2022¥471K/m²
MotomachiQ2 2026Pre-owned condo ¥30.0M70 m²2018¥429K/m²
MuronokimachiQ2 2026Land & building ¥39.0M155 m²2025—
NakazumachiQ2 2026Land ¥3.0M95 m²—¥32K/m²
ShozokumachiQ2 2026Land ¥12.0M320 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥6.0M165 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥6.0M165 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥12.0M460 m²—¥25K/m²
ShutomachishimokubaraQ2 2026Land ¥3.0M330 m²—¥9,100/m²
KugamachiQ2 2026Land & building ¥10.0M290 m²1971—
OgimachiQ2 2026Forest ¥430K800 m²——
OgimachiQ2 2026Forest ¥530K970 m²——
OgimachiQ2 2026Farmland ¥300K105 m²——
YamatemachiQ2 2026Pre-owned condo (contract) ¥13.0M70 m²1996¥186K/m²
HirataQ2 2026Land & building (contract) ¥31.0M185 m²2021—
UshinoyamachiQ2 2026Land & building (contract) ¥7.9M190 m²1985—
UshinoyamachiQ2 2026Land & building (contract) ¥23.0M135 m²2026—
HirataQ2 2026Land & building ¥58.0M330 m²——

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

Market activity
72
1-year growth
63
5-year growth
63
10-year growth
64
Price level
67
Condo price level
42

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 Iwakuni City?

The average price of residential land in Iwakuni City is ¥39,084 per m² (about ¥129,203 per tsubo), based on 58 sites in the official land price surveys (2026).

Are land prices in Iwakuni City going up?

Land prices in Iwakuni City have risen by +0.3% on average over the past year. Over five years the change is +0.9%.

How much do pre-owned condos cost in Iwakuni City?

The median price of pre-owned condo transactions in the last two years is ¥228,571 per m², with a median price of ¥16.0 million (41 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Iwakuni City?

The Fudosan Zukan model projects residential land prices to change by +0.2% a year, reaching about ¥39,939 per m² in 10 years (range ¥32,750–¥47,128). Forecasts are projections, not guarantees.

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

About ¥1.0 trillion: land ¥733.9 billion and buildings ¥267.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥801.3 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.