Shutomachishimokubara, Iwakuni City: property prices and land values

周東町下久原(岩国市)

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

Avg. residential land price
¥26K/m²
≈ $16/sq ft · 3 sites
#28 of 41 neighborhoods
Avg. commercial land price
¥26K/m²
≈ $16/sq ft · 1 sites
1-year change
+0.1%
Residential +0.1% · commercial ±0.0%
5 years / 10 years
+0.5% / −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

¥24K/m²¥26K/m²¥28K/m²¥30K/m²¥32K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.1% a year
¥26K/m²¥27K/m²¥27K/m²¥27K/m²¥27K/m²

Forecasts are projections, not guarantees. 10-year range: ¥22K/m²–¥32K/m²

Shutomachishimokubara, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftShutomachishimokubara, Iwakuni City is1 year5 yearsCondos per m²Index
Shutomachishimokubara, Iwakuni City ¥26K/m²$16/sq ft +0.1%+0.5% ——
Iwakuni City ¥39K/m²$23/sq ft 0.68x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 0.87x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.22x+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 岩国市周東町下久原字明見田597番4
Land Price Publication 2026
Residential¥31K/m²$18/sq ft +0.3%周防高森
1.5 km
山口県 岩国市周東町下久原字高森1293番6
Prefectural Survey 2026
Commercial¥26K/m²$16/sq ft ±0.0%小規模店舗、事務所、一般住宅等が混在する県道沿いの商業地域
山口県 岩国市周東町下久原字下宇谷2366番6外
Prefectural Survey 2026
Residential¥25K/m²$14/sq ft ±0.0%中規模一般住宅が多い県道沿いの住宅地域
山口県 岩国市周東町下久原字仁王丸1771番7外
Prefectural Survey 2026
Residential¥24K/m²$14/sq ft ±0.0%中規模一般住宅が建ち並ぶ駅に近い住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 7 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥9,100/m²

Sales in the loaded period: Land 11 · Land & building 5 · Farmland 1 · Forest 1

DistrictPeriodTypePriceAreaBuiltPer m²
ShutomachishimokubaraQ2 2026Land ¥3.0M330 m²—¥9,100/m²
ShutomachishimokubaraQ1 2026Land & building ¥7.8M220 m²1979—
ShutomachishimokubaraQ4 2025Land ¥230K35 m²—¥7,000/m²
ShutomachishimokubaraQ3 2025Land ¥900K150 m²—¥6,100/m²
ShutomachishimokubaraQ3 2025Land ¥6.0M220 m²—¥27K/m²
ShutomachishimokubaraQ2 2025Land ¥12.0M510 m²—¥23K/m²
ShutomachishimokubaraQ1 2025Land & building ¥15.0M230 m²2001—
ShutomachishimokubaraQ4 2024Land & building ¥9.4M380 m²1979—
ShutomachishimokubaraQ2 2024Farmland ¥750K1,400 m²——
ShutomachishimokubaraQ2 2024Forest ¥3.0M1,200 m²——
ShutomachishimokubaraQ2 2024Land ¥5.5M270 m²—¥20K/m²
ShutomachishimokubaraQ2 2024Land & building ¥8.5M610 m²1975—
ShutomachishimokubaraQ2 2024Land ¥4.5M150 m²—¥30K/m²
ShutomachishimokubaraQ1 2024Land ¥100K360 m²—¥280/m²
ShutomachishimokubaraQ1 2024Land & building ¥1.5M210 m²——
ShutomachishimokubaraQ1 2024Land ¥1.0M180 m²—¥5,500/m²
ShutomachishimokubaraQ4 2023Land ¥6.0M1,800 m²—¥3,400/m²
ShutomachishimokubaraQ4 2023Land ¥6.1M200 m²—¥30K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Shutomachishimokubara, Iwakuni City is ¥26,500 per m² (about ¥87,603 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Shutomachishimokubara, Iwakuni City going up?

Land prices in Shutomachishimokubara, Iwakuni City have risen by +0.1% on average over the past year. Over five years the change is +0.5%.

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

The Fudosan Zukan model projects residential land prices to change by +0.1% a year, reaching about ¥26,901 per m² in 10 years (range ¥22,059–¥31,743). 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.