Nishikimachihirose, Iwakuni City: property prices and land values

錦町広瀬(岩国市)

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

Avg. residential land price
¥7,320/m²
≈ $4/sq ft · 1 sites
#35 of 41 neighborhoods
Avg. commercial land price
¥12K/m²
≈ $7/sq ft · 1 sites
1-year change
−4.0%
Residential −3.9% · commercial −4.1%
5 years / 10 years
−19.9% / −34.4%
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

¥0/m²¥10K/m²¥20K/m²¥30K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−3.3% a year
¥7,320/m²¥7,081/m²¥6,627/m²¥6,203/m²¥5,256/m²

Forecasts are projections, not guarantees. 10-year range: ¥4,310/m²–¥6,202/m²

Nishikimachihirose, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftNishikimachihirose, Iwakuni City is1 year5 yearsCondos per m²Index
Nishikimachihirose, Iwakuni City ¥7,320/m²$4/sq ft −4.0%−19.9% ——
Iwakuni City ¥39K/m²$23/sq ft 0.19x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 0.24x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.06x+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 岩国市錦町広瀬字小正下6712番
Prefectural Survey 2026
Commercial¥12K/m²$7/sq ft −4.1%小規模店舗、金融機関等が建ち並ぶ商業地域
山口県 岩国市錦町広瀬字下桜木265番
Prefectural Survey 2026
Residential¥7,320/m²$4/sq ft −3.9%中規模一般住宅が多い周囲に農地も見られる既成住宅地域

Transaction prices

No data No transaction data for this area yet.

Nearby neighborhoods

FAQ

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

The average price of residential land in Nishikimachihirose, Iwakuni City is ¥7,320 per m² (about ¥24,198 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nishikimachihirose, Iwakuni City going up?

Land prices in Nishikimachihirose, Iwakuni City have fallen by -4.0% on average over the past year. Over five years the change is -19.9%.

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

The Fudosan Zukan model projects residential land prices to change by -3.3% a year, reaching about ¥5,256 per m² in 10 years (range ¥4,310–¥6,202). 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.