Motomachi, Iwakuni City: property prices and land values

元町(岩国市)

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

Avg. residential land price
No data
Avg. commercial land price
¥86K/m²
≈ $51/sq ft · 1 sites
1-year change
+1.5%
Residential — · commercial +1.5%
5 years / 10 years
+7.1% / +10.4%
Same sites, chained
Pre-owned condos per m²
¥243K/m²
70 m² ≈ ¥17.0M · 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

¥75K/m²¥78K/m²¥80K/m²¥82K/m²¥85K/m²¥88K/m²201620182020202220242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.2% a year
—¥86K/m²¥87K/m²¥87K/m²¥88K/m²

Forecasts are projections, not guarantees. 10-year range: ¥72K/m²–¥104K/m²

Motomachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftMotomachi, Iwakuni City is1 year5 yearsCondos per m²Index
Motomachi, Iwakuni City —— +1.5%+7.1% ¥243K/m²—
Iwakuni City ¥39K/m²$23/sq ft +0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft +0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft +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

Transaction prices MLIT Real Estate Information Library · last 2 years · 8 sales

Condos per m² (median)
¥243K/m²
Condo price (median)
¥19.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 10 · Land & building 3 · Land 1

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
MotomachiQ4 2025Pre-owned condo (contract) ¥19.0M80 m²2002¥238K/m²
MotomachiQ2 2025Pre-owned condo ¥15.0M65 m²1995¥231K/m²
MotomachiQ1 2025Pre-owned condo ¥35.0M75 m²—¥467K/m²
MotomachiQ1 2025Land & building ¥33.0M125 m²1998—
MotomachiQ4 2024Pre-owned condo (contract) ¥34.0M85 m²2018¥400K/m²
MotomachiQ3 2024Land & building ¥3.5M80 m²1979—
MotomachiQ2 2024Land & building ¥39.0M250 m²1995—
MotomachiQ4 2023Pre-owned condo ¥2.0M55 m²1986¥36K/m²
MotomachiQ4 2023Pre-owned condo ¥18.0M65 m²2002¥277K/m²
MotomachiQ4 2023Land ¥13.0M160 m²—¥78K/m²

Nearby neighborhoods

FAQ

Are land prices in Motomachi, Iwakuni City going up?

Land prices in Motomachi, Iwakuni City have risen by +1.5% on average over the past year. Over five years the change is +7.1%.

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

The median price of pre-owned condo transactions in the last two years is ¥242,857 per m², with a median price of ¥19.0 million (7 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +0.2% a year, reaching about ¥87,984 per m² in 10 years (range ¥72,147–¥103,821). 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.