Land prices / Yamaguchi / Iwakuni

2023–2024 published land transactions

Sekido land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 17,696 / m²JPY 17.696K / m²
Median sample 4Five-year sample 5
Estimated price for 100 m²
JPY 1.77M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.04M
100 m² building using the 2025 benchmark

Sekido location

Sekido 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 (2023–2024)

Middle 50% price range
JPY 16,259 / m² – JPY 18,377 / m²JPY 16.259K / m² – JPY 18.377K / m²
Average transaction price
JPY 16,940 / m²JPY 16.94K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 884,813JPY 884.813KJPY 812,969JPY 812.969K JPY 918,844JPY 918.844K
100.0 m²30.3 tsuboJPY 1.77MJPY 1.63M JPY 1.84M
150.0 m²45.4 tsuboJPY 2.65MJPY 2.44M JPY 2.76M
200.0 m²60.5 tsuboJPY 3.54MJPY 3.25M JPY 3.68M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-041000.0 m²JPY 19MJPY 19,058 / m²JPY 19.058K / m²35 mCategory I residential zone
2023-101000.0 m²JPY 18MJPY 18,150 / m²JPY 18.15K / m²35 mCategory I residential zone
2023-01830.0 m²JPY 11MJPY 13,310 / m²JPY 13.31K / m²17.5 mCategory I residential zone
2023-01380.0 m²JPY 6.5MJPY 17,243 / m²JPY 17.243K / m²15 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.

Sekido land-price summary

The median published transaction price in Sekido for 2023–2024 is JPY 17,696 / m²JPY 17.696K / m². A 100 m² plot would therefore be about JPY 1.77M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗