Kurumamachi, Iwakuni City: property prices and land values

車町(岩国市)

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

Avg. residential land price
¥67K/m²
≈ $39/sq ft · 1 sites
#6 of 41 neighborhoods
Avg. commercial land price
¥75K/m²
≈ $44/sq ft · 1 sites
1-year change
+1.4%
Residential +2.0% · commercial +0.7%
5 years / 10 years
+7.4% / +11.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥27.0M
≈ $171K · 5 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

¥50K/m²¥60K/m²¥70K/m²¥80K/m²¥90K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.2% a year
¥67K/m²¥68K/m²¥69K/m²¥71K/m²¥75K/m²

Forecasts are projections, not guarantees. 10-year range: ¥62K/m²–¥89K/m²

Kurumamachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftKurumamachi, Iwakuni City is1 year5 yearsCondos per m²Index
Kurumamachi, Iwakuni City ¥67K/m²$39/sq ft +1.4%+7.4% ——
Iwakuni City ¥39K/m²$23/sq ft 1.7x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 2.2x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.56x+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 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

Transaction prices MLIT Real Estate Information Library · last 2 years · 10 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥27.0M
Land per m² (median)
¥43K/m²

Sales in the loaded period: Land 12 · Land & building 7

DistrictPeriodTypePriceAreaBuiltPer m²
KurumamachiQ2 2026Land & building (contract) ¥35.0M155 m²2025—
KurumamachiQ2 2026Land & building ¥27.0M290 m²2005—
KurumamachiQ1 2026Land & building ¥2.5M330 m²1956—
KurumamachiQ1 2026Land ¥2.7M40 m²—¥67K/m²
KurumamachiQ4 2025Land & building ¥15.0M70 m²1997—
KurumamachiQ4 2025Land & building ¥80.0M360 m²2026—
KurumamachiQ3 2025Land ¥2.6M60 m²—¥43K/m²
KurumamachiQ3 2025Land ¥4.0M165 m²—¥24K/m²
KurumamachiQ3 2025Land ¥3.0M120 m²—¥25K/m²
KurumamachiQ1 2025Land ¥13.0M160 m²—¥78K/m²
KurumamachiQ4 2024Land ¥8.0M180 m²—¥44K/m²
KurumamachiQ4 2024Land ¥54.0M980 m²—¥55K/m²
KurumamachiQ4 2024Land ¥2.2M35 m²—¥64K/m²
KurumamachiQ4 2024Land & building ¥28.0M130 m²2024—
KurumamachiQ3 2024Land & building ¥10.0M65 m²1983—
KurumamachiQ3 2024Land ¥2.8M45 m²—¥64K/m²
KurumamachiQ3 2024Land ¥3.0M40 m²—¥73K/m²
KurumamachiQ3 2024Land ¥23.0M980 m²—¥24K/m²
KurumamachiQ4 2023Land ¥6.9M135 m²—¥52K/m²

Nearby neighborhoods

FAQ

What is the average land price in Kurumamachi, Iwakuni City?

The average price of residential land in Kurumamachi, Iwakuni City is ¥66,800 per m² (about ¥220,826 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Kurumamachi, Iwakuni City going up?

Land prices in Kurumamachi, Iwakuni City have risen by +1.4% on average over the past year. Over five years the change is +7.4%.

What is the land price forecast for Kurumamachi, Iwakuni City?

The Fudosan Zukan model projects residential land prices to change by +1.2% a year, reaching about ¥75,040 per m² in 10 years (range ¥61,533–¥88,547). 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 ¥158.29 = $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.