Municipalities ranked by the average price of commercial survey sites (yen per m²).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Cities: commercial | Avg. residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|---|
| 1 | Matsue City Shimane |
¥79K/m² | ¥45K/m² | +0.4% | +1.5% | 67 |
| 2 | Izumo City Shimane |
¥44K/m² | ¥25K/m² | +0.5% | +0.7% | 61 |
| 3 | Okinoshima Town Shimane |
¥41K/m² | ¥14K/m² | −2.3% | −9.0% | 20 |
| 4 | Gotsu City Shimane |
¥41K/m² | ¥16K/m² | −1.5% | −7.5% | 30 |
| 5 | Hamada City Shimane |
¥39K/m² | ¥21K/m² | −2.4% | −6.0% | 34 |
| 6 | Masuda City Shimane |
¥34K/m² | ¥19K/m² | −2.3% | −13.1% | 27 |
| 7 | Yasugi City Shimane |
¥31K/m² | ¥19K/m² | −1.8% | −8.6% | 27 |
| 8 | Tsuwano Town Shimane |
¥25K/m² | ¥16K/m² | −3.2% | −12.7% | 15 |
| 9 | Oda City Shimane |
¥24K/m² | ¥17K/m² | −2.0% | −9.0% | 27 |
| 10 | Nishinoshima Town Shimane |
¥24K/m² | ¥13K/m² | −1.9% | −10.1% | 15 |
| 11 | Unnan City Shimane |
¥23K/m² | ¥15K/m² | −0.8% | −3.5% | 38 |
| 12 | Okuizumo Town Shimane |
¥21K/m² | ¥12K/m² | −1.2% | −4.9% | 28 |
| 13 | Ama Town Shimane |
¥16K/m² | ¥5,983/m² | −0.8% | −4.0% | 23 |
| 14 | Yoshika Town Shimane |
¥15K/m² | ¥8,150/m² | −2.0% | −8.8% | 13 |
| 15 | Kawamoto Town Shimane |
¥15K/m² | ¥9,954/m² | −2.0% | −9.2% | 14 |
| 16 | Misato Town Shimane |
¥13K/m² | ¥5,070/m² | −2.4% | −8.9% | 10 |
| 17 | Iinan Town Shimane |
¥11K/m² | ¥5,620/m² | −2.1% | −8.2% | 12 |
| 18 | Onan Town Shimane |
¥5,617/m² | ¥4,200/m² | −0.3% | −4.5% | 26 |
18 areas · calculated Nov 5, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.
Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.