Land prices / Yamaguchi / Iwakuni

2021–2023 published land transactions

Asahi-Cho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Asahi-Cho, Iwakuni. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2021–2023)
JPY 49,913 / m²JPY 49.913K / m²
Median sample 6Five-year sample 6
Estimated price for 100 m²
JPY 4.99M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.26M
100 m² building using the 2025 benchmark

Asahi-Cho location

Asahi-Cho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2021–2023)

Middle 50% price range
JPY 41,594 / m² – JPY 55,963 / m²JPY 41.594K / m² – JPY 55.963K / m²
Average transaction price
JPY 45,778 / m²JPY 45.778K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.5MJPY 2.08M JPY 2.8M
100.0 m²30.3 tsuboJPY 4.99MJPY 4.16M JPY 5.6M
150.0 m²45.4 tsuboJPY 7.49MJPY 6.24M JPY 8.39M
200.0 m²60.5 tsuboJPY 9.98MJPY 8.32M JPY 11.19M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04300.0 m²JPY 15MJPY 48,400 / m²JPY 48.4K / m²26.5 mQuasi-industrial zone
2022-01510.0 m²JPY 9MJPY 17,545 / m²JPY 17.545K / m²Not disclosedQuasi-industrial zone
2021-10380.0 m²JPY 20MJPY 51,425 / m²JPY 51.425K / m²22 mCategory I residential zone
2021-10190.0 m²JPY 11MJPY 57,475 / m²JPY 57.475K / m²22 mCategory I residential zone
2021-07330.0 m²JPY 20MJPY 60,500 / m²JPY 60.5K / m²10 mQuasi-industrial zone
2021-01300.0 m²JPY 12MJPY 39,325 / m²JPY 39.325K / m²17.5 mQuasi-industrial zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Asahi-Cho land-price summary

The median published transaction price in Asahi-Cho for 2021–2023 is JPY 49,913 / m²JPY 49.913K / m². A 100 m² plot would therefore be about JPY 4.99M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

Station-area land prices near Asahi-Cho

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗