Land prices / Yamaguchi / Iwakuni

2023–2025 published land transactions

Minamiiwakunimachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 27,225 / m²JPY 27.225K / m²
Median sample 11Five-year sample 32
Estimated price for 100 m²
JPY 2.72M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.99M
100 m² building using the 2025 benchmark

Minamiiwakunimachi location

Minamiiwakunimachi 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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Price distribution (2023–2025)

Middle 50% price range
JPY 12,100 / m² – JPY 42,350 / m²JPY 12.1K / m² – JPY 42.35K / m²
Average transaction price
JPY 33,729 / m²JPY 33.729K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.36MJPY 605,000JPY 605K JPY 2.12M
100.0 m²30.3 tsuboJPY 2.72MJPY 1.21M JPY 4.24M
150.0 m²45.4 tsuboJPY 4.08MJPY 1.82M JPY 6.35M
200.0 m²60.5 tsuboJPY 5.45MJPY 2.42M JPY 8.47M

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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions9
Indicative
125
Indicative
4
Indicative
2
Indicative
Official observations22222

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10900.0 m²JPY 15MJPY 16,638 / m²JPY 16.638K / m²Not disclosedCategory I residential zone
2025-011000.0 m²JPY 110MJPY 99,825 / m²JPY 99.825K / m²24 mNeighborhood commercial zone
2024-07160.0 m²JPY 13MJPY 81,675 / m²JPY 81.675K / m²12 mNeighborhood commercial zone
2024-07240.0 m²JPY 6.5MJPY 27,225 / m²JPY 27.225K / m²3 mCategory I residential zone
2024-07210.0 m²JPY 3.7MJPY 17,243 / m²JPY 17.243K / m²11 mCategory I residential zone
2024-04165.0 m²JPY 4.9MJPY 29,645 / m²JPY 29.645K / m²13 mCategory I residential zone
2023-10310.0 m²JPY 16MJPY 51,425 / m²JPY 51.425K / m²10.5 mCategory I residential zone
2023-10350.0 m²JPY 1MJPY 2,874 / m²JPY 2.874K / m²14 mCategory I residential zone
2023-07250.0 m²JPY 8MJPY 33,275 / m²JPY 33.275K / m²Not disclosedCategory II residential zone
2023-011000.0 m²JPY 7.5MJPY 7,563 / m²JPY 7.563K / m²42 mCategory I exclusively low-rise residential zone
2023-01550.0 m²JPY 2MJPY 3,630 / m²JPY 3.63K / m²17 mCategory I exclusively low-rise residential 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.

Minamiiwakunimachi land-price summary

The median published transaction price in Minamiiwakunimachi for 2023–2025 is JPY 27,225 / m²JPY 27.225K / m². A 100 m² plot would therefore be about JPY 2.72M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

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 ↗