Minamiiwakunimachi, Iwakuni City: property prices and land values

南岩国町(岩国市)

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

Avg. residential land price
¥70K/m²
≈ $41/sq ft · 4 sites
#4 of 41 neighborhoods
Avg. commercial land price
No data
1-year change
+3.1%
Residential +3.1% · commercial —
5 years / 10 years
+16.5% / +25.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥16.0M
≈ $101K · 19 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
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+2.4% a year
¥70K/m²¥72K/m²¥76K/m²¥79K/m²¥89K/m²

Forecasts are projections, not guarantees. 10-year range: ¥73K/m²–¥105K/m²

Minamiiwakunimachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamiiwakunimachi, Iwakuni City is1 year5 yearsCondos per m²Index
Minamiiwakunimachi, Iwakuni City ¥70K/m²$41/sq ft +3.1%+16.5% ——
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 0.59x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山口県 岩国市南岩国町1丁目116番9
Prefectural Survey 2026
Residential¥84K/m²$49/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 岩国市南岩国町3丁目812番25
Land Price Publication 2026
Residential¥71K/m²$41/sq ft +3.5%南岩国
1.3 km
山口県 岩国市南岩国町5丁目11277番100
Land Price Publication 2026
Residential¥55K/m²$32/sq ft +2.0%南岩国
2.0 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 23 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥16.0M
Land per m² (median)
¥73K/m²

Sales in the loaded period: Land & building 28 · Land 10

DistrictPeriodTypePriceAreaBuiltPer m²
MinamiiwakunimachiQ2 2026Land & building (contract) ¥25.0M160 m²2026—
MinamiiwakunimachiQ2 2026Land ¥11.0M150 m²—¥70K/m²
MinamiiwakunimachiQ1 2026Land & building (contract) ¥25.0M135 m²2026—
MinamiiwakunimachiQ1 2026Land ¥4.6M60 m²—¥76K/m²
MinamiiwakunimachiQ4 2025Land & building (contract) ¥12.0M180 m²1978—
MinamiiwakunimachiQ4 2025Land ¥15.0M900 m²—¥17K/m²
MinamiiwakunimachiQ4 2025Land & building ¥16.0M210 m²1985—
MinamiiwakunimachiQ4 2025Land & building ¥72.0M1,200 m²1994—
MinamiiwakunimachiQ4 2025Land & building ¥10.0M350 m²1991—
MinamiiwakunimachiQ3 2025Land & building ¥14.0M820 m²1973—
MinamiiwakunimachiQ3 2025Land & building ¥11.0M185 m²1979—
MinamiiwakunimachiQ3 2025Land & building ¥52.0M185 m²——
MinamiiwakunimachiQ3 2025Land & building ¥28.0M165 m²2015—
MinamiiwakunimachiQ3 2025Land & building (contract) ¥24.0M155 m²2025—
MinamiiwakunimachiQ2 2025Land & building (contract) ¥9.5M170 m²1997—
MinamiiwakunimachiQ2 2025Land & building (contract) ¥23.0M130 m²2025—
MinamiiwakunimachiQ2 2025Land & building ¥25.0M165 m²1996—
MinamiiwakunimachiQ2 2025Land & building ¥3.1M290 m²——
MinamiiwakunimachiQ2 2025Land & building ¥15.0M185 m²1984—
MinamiiwakunimachiQ1 2025Land ¥110.0M1,000 m²—¥100K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Minamiiwakunimachi, Iwakuni City is ¥70,375 per m² (about ¥232,645 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Minamiiwakunimachi, Iwakuni City going up?

Land prices in Minamiiwakunimachi, Iwakuni City have risen by +3.1% on average over the past year. Over five years the change is +16.5%.

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

The Fudosan Zukan model projects residential land prices to change by +2.4% a year, reaching about ¥89,390 per m² in 10 years (range ¥73,300–¥105,480). 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 ¥158.25 = $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.