Shutomachisoo, Iwakuni City: property prices and land values

周東町祖生(岩国市)

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

Avg. residential land price
¥8,720/m²
≈ $5/sq ft · 1 sites
#34 of 41 neighborhoods
Avg. commercial land price
No data
1-year change
−0.9%
Residential −0.9% · commercial —
5 years / 10 years
−4.4% / −8.4%
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

¥8,000/m²¥9,000/m²¥10K/m²¥11K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+0.2% a year
¥8,720/m²¥8,739/m²¥8,777/m²¥8,815/m²¥8,911/m²

Forecasts are projections, not guarantees. 10-year range: ¥7,307/m²–¥11K/m²

Shutomachisoo, Iwakuni City compared with larger areas

AreaAvg. residential≈ USD/sq ftShutomachisoo, Iwakuni City is1 year5 yearsCondos per m²Index
Shutomachisoo, Iwakuni City ¥8,720/m²$5/sq ft −0.9%−4.4% ——
Iwakuni City ¥39K/m²$23/sq ft 0.22x+0.3%+0.9% ¥229K/m²63
Yamaguchi ¥30K/m²$18/sq ft 0.29x+0.3%+0.3% ¥210K/m²35
Japan ¥120K/m²$70/sq ft 0.07x+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 岩国市周東町祖生字西崎4545番12
Prefectural Survey 2026
Residential¥8,720/m²$5/sq ft −0.9%中規模一般住宅、小売店舗等が混在する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 3 sales

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

Sales in the loaded period: Forest 4 · Farmland 3 · Land & building 1

DistrictPeriodTypePriceAreaBuiltPer m²
ShutomachisooQ2 2026Farmland ¥180K3,600 m²——
ShutomachisooQ2 2026Farmland ¥280K8,888 m²——
ShutomachisooQ2 2025Forest ¥100K1,400 m²——
ShutomachisooQ3 2024Land & building ¥22.0M9,999 m²1997—
ShutomachisooQ4 2023Farmland ¥2.3M4,500 m²——
ShutomachisooQ4 2023Forest ¥90K3,700 m²——
ShutomachisooQ4 2023Forest ¥23K8,888 m²——
ShutomachisooQ4 2023Forest ¥30K1,700 m²——

Nearby neighborhoods

FAQ

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

The average price of residential land in Shutomachisoo, Iwakuni City is ¥8,720 per m² (about ¥28,826 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shutomachisoo, Iwakuni City going up?

Land prices in Shutomachisoo, Iwakuni City have fallen by -0.9% on average over the past year. Over five years the change is -4.4%.

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

The Fudosan Zukan model projects residential land prices to change by +0.2% a year, reaching about ¥8,911 per m² in 10 years (range ¥7,307–¥10,515). 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.