Kusunokimachi, Iwakuni City: property prices and land values

楠町(岩国市)

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

Avg. residential land price
¥69K/m²
≈ $40/sq ft · 1 sites
#5 of 41 neighborhoods
Avg. commercial land price
No data
1-year change
+2.2%
Residential +2.2% · commercial —
5 years / 10 years
+12.1% / +19.0%
Same sites, chained
Pre-owned condos per m²
No data
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

¥55K/m²¥60K/m²¥65K/m²¥70K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.2% a year
¥69K/m²¥69K/m²¥69K/m²¥70K/m²¥70K/m²

Forecasts are projections, not guarantees. 10-year range: ¥58K/m²–¥83K/m²

Kusunokimachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftKusunokimachi, Iwakuni City is1 year5 yearsCondos per m²Index
Kusunokimachi, Iwakuni City ¥69K/m²$40/sq ft +2.2%+12.1% ——
Iwakuni City ¥39K/m²$23/sq ft 1.8x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 2.3x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.58x+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 岩国市楠町3丁目747番1
Prefectural Survey 2026
Residential¥69K/m²$40/sq ft +2.2%中規模一般住宅が多い平坦な住宅地域

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Land & building 4 · Land 3 · Farmland 1

DistrictPeriodTypePriceAreaBuiltPer m²
KusunokimachiQ4 2025Farmland ¥14.0M430 m²——
KusunokimachiQ3 2025Land & building ¥33.0M350 m²2025—
KusunokimachiQ4 2024Land ¥6.7M185 m²—¥37K/m²
KusunokimachiQ3 2024Land & building (contract) ¥27.0M155 m²2023—
KusunokimachiQ3 2024Land & building ¥33.0M160 m²2023—
KusunokimachiQ2 2024Land ¥4.5M200 m²—¥23K/m²
KusunokimachiQ4 2023Land & building (contract) ¥34.0M165 m²2023—
KusunokimachiQ4 2023Land ¥8.2M190 m²—¥43K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Kusunokimachi, Iwakuni City is ¥68,800 per m² (about ¥227,438 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Kusunokimachi, Iwakuni City going up?

Land prices in Kusunokimachi, Iwakuni City have risen by +2.2% on average over the past year. Over five years the change is +12.1%.

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

The Fudosan Zukan model projects residential land prices to change by +0.2% a year, reaching about ¥70,305 per m² in 10 years (range ¥57,650–¥82,960). 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.