Shozokumachi, Iwakuni City: property prices and land values

装束町(岩国市)

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

Avg. residential land price
¥52K/m²
≈ $31/sq ft · 1 sites
#13 of 41 neighborhoods
Avg. commercial land price
¥40K/m²
≈ $23/sq ft · 1 sites
1-year change
+0.2%
Residential +0.4% · commercial ±0.0%
5 years / 10 years
+1.6% / +0.4%
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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.3% a year
¥52K/m²¥53K/m²¥53K/m²¥53K/m²¥54K/m²

Forecasts are projections, not guarantees. 10-year range: ¥44K/m²–¥64K/m²

Shozokumachi, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftShozokumachi, Iwakuni City is1 year5 yearsCondos per m²Index
Shozokumachi, Iwakuni City ¥52K/m²$31/sq ft +0.2%+1.6% ——
Iwakuni City ¥39K/m²$23/sq ft 1.3x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 1.7x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.44x+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 岩国市装束町2丁目622番15
Prefectural Survey 2026
Residential¥52K/m²$31/sq ft +0.4%中小規模の一般住宅が建ち並ぶ住宅地域
山口県 岩国市装束町1丁目774番31外
Prefectural Survey 2026
Commercial¥40K/m²$23/sq ft ±0.0%事務所、営業所等が建ち並ぶ国道沿いの地域

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥30K/m²

Sales in the loaded period: Land 10 · Land & building 5 · Forest 2

DistrictPeriodTypePriceAreaBuiltPer m²
ShozokumachiQ2 2026Land ¥12.0M320 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥6.0M165 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥6.0M165 m²—¥36K/m²
ShozokumachiQ2 2026Land ¥12.0M460 m²—¥25K/m²
ShozokumachiQ3 2025Land ¥3.8M125 m²—¥30K/m²
ShozokumachiQ3 2025Land & building ¥26.0M160 m²2023—
ShozokumachiQ1 2025Land ¥1.6M190 m²—¥8,400/m²
ShozokumachiQ1 2025Land ¥16.0M670 m²—¥23K/m²
ShozokumachiQ4 2024Land & building ¥3.0M160 m²1956—
ShozokumachiQ4 2024Land ¥12.0M180 m²—¥67K/m²
ShozokumachiQ4 2024Land & building ¥27.0M160 m²2023—
ShozokumachiQ3 2024Land & building ¥29.0M165 m²2024—
ShozokumachiQ3 2024Land ¥10.0M180 m²—¥56K/m²
ShozokumachiQ1 2024Land ¥13.0M180 m²—¥70K/m²
ShozokumachiQ1 2024Land & building ¥45.0M165 m²2024—
ShozokumachiQ4 2023Forest ¥62K105 m²——
ShozokumachiQ4 2023Forest ¥96K160 m²——

Nearby neighborhoods

FAQ

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

The average price of residential land in Shozokumachi, Iwakuni City is ¥52,500 per m² (about ¥173,554 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shozokumachi, Iwakuni City going up?

Land prices in Shozokumachi, Iwakuni City have risen by +0.2% on average over the past year. Over five years the change is +1.6%.

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

The Fudosan Zukan model projects residential land prices to change by +0.3% a year, reaching about ¥53,950 per m² in 10 years (range ¥44,239–¥63,661). 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.