Ogimachi, Iwakuni City: property prices and land values

青木町(岩国市)

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

Avg. residential land price
¥10K/m²
≈ $6/sq ft · 1 sites
#32 of 41 neighborhoods
Avg. commercial land price
No data
1-year change
−1.0%
Residential −1.0% · commercial —
5 years / 10 years
−5.7% / −14.9%
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

¥8,000/m²¥10K/m²¥12K/m²¥14K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.9% a year
¥10K/m²¥10K/m²¥10K/m²¥9,853/m²¥9,425/m²

Forecasts are projections, not guarantees. 10-year range: ¥7,729/m²–¥11K/m²

Ogimachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftOgimachi, Iwakuni City is1 year5 yearsCondos per m²Index
Ogimachi, Iwakuni City ¥10K/m²$6/sq ft −1.0%−5.7% ——
Iwakuni City ¥39K/m²$23/sq ft 0.26x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 0.34x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.09x+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 岩国市青木町4丁目447番
Land Price Publication 2026
Residential¥10K/m²$6/sq ft −1.0%藤生
2.5 km
山口県 岩国市青木町3丁目1322番1
Land Price Publication 2026
Pre-residential¥8,200/m²$5/sq ft −0.6%藤生
2.6 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 5 sales

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

Sales in the loaded period: Land & building 3 · Land 3 · Forest 2 · Farmland 1

DistrictPeriodTypePriceAreaBuiltPer m²
OgimachiQ2 2026Forest ¥430K800 m²——
OgimachiQ2 2026Forest ¥530K970 m²——
OgimachiQ2 2026Farmland ¥300K105 m²——
OgimachiQ1 2026Land ¥820K35 m²—¥24K/m²
OgimachiQ4 2025Land & building ¥520.0M1,000 m²1990—
OgimachiQ1 2024Land ¥2.0M65 m²—¥31K/m²
OgimachiQ1 2024Land ¥3.5M125 m²—¥28K/m²
OgimachiQ4 2023Land & building ¥1.8M165 m²1978—
OgimachiQ4 2023Land & building ¥1.0M250 m²1973—

Nearby neighborhoods

FAQ

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

The average price of residential land in Ogimachi, Iwakuni City is ¥10,300 per m² (about ¥34,050 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Ogimachi, Iwakuni City going up?

Land prices in Ogimachi, Iwakuni City have fallen by -1.0% on average over the past year. Over five years the change is -5.7%.

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

The Fudosan Zukan model projects residential land prices to change by -0.9% a year, reaching about ¥9,425 per m² in 10 years (range ¥7,729–¥11,122). 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 ¥157.9 = $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.