Land prices / Yamaguchi / Iwakuni
2024 published land transactionsMonzemmachi land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Monzemmachi, Iwakuni. It does not limit transactions by the buyer's intended use.
Monzemmachi location
Monzemmachi location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2024)
Estimated land price by plot size (2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 1.52M | JPY 1.12M – JPY 1.93M |
| 100.0 m² | 30.3 tsubo | JPY 3.04M | JPY 2.25M – JPY 3.86M |
| 150.0 m² | 45.4 tsubo | JPY 4.56M | JPY 3.37M – JPY 5.79M |
| 200.0 m² | 60.5 tsubo | JPY 6.08M | JPY 4.49M – JPY 7.71M |
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
The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-07 | 690.0 m² | JPY 26M | JPY 36,300 / m²JPY 36.3K / m² | Not disclosed | Category I residential zone |
| 2024-07 | 610.0 m² | JPY 10M | JPY 16,335 / m²JPY 16.335K / m² | Not disclosed | Category I residential zone |
| 2024-07 | 175.0 m² | JPY 4.3M | JPY 24,503 / m²JPY 24.503K / m² | 13 m | Urbanization control area |
| 2024-04 | 540.0 m² | JPY 25M | JPY 45,375 / m²JPY 45.375K / m² | 19 m | Category I 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.
Monzemmachi land-price summary
The median published transaction price in Monzemmachi for 2024 is JPY 30,401 / m²JPY 30.401K / m². A 100 m² plot would therefore be about JPY 3.04M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.