Built on official MLIT transaction data

Property prices in Iwakuni

Median sale prices in Iwakuni, Yamaguchi from real transactions (2023Q2–2026Q1) — homes, apartments, and land, plus the current for-sale market.

Median home price
¥13.0M
Home ¥/m²
¥88K/m²
3-year change
-12.5%
For sale now
449

By home price per m², Iwakuni ranks #5 of 18 municipalities in Yamaguchi and #794 of 1684 nationwide.

Prices by property type

TypeMedian sold price¥/m² (25–75% range)3y changeMedian asking priceFor sale
Homes¥13.0M¥88K/m²¥40K¥200K-12.5%¥18.4M181
Apartments¥16.5M+5.2%¥22.5M28
Land¥8.5M¥33K/m²¥17K¥58K-13.2%¥8.8M240

Only segments with at least 5 transactions are shown. Apartments carry no reliable unit-size data, so their ¥/m² is omitted.

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Frequently asked questions

How much does a house cost in Iwakuni?
The median sold price for a house (land + building) in Iwakuni is ¥13.0M (¥88K/m²), based on real transactions from 2023Q2–2026Q1.
How much does land cost in Iwakuni?
The median price of residential land in Iwakuni is ¥33K/m², with a median lot price of ¥8.5M (2023Q2–2026Q1).
Are property prices in Iwakuni rising?
Home prices per m² in Iwakuni have changed -12.5% compared with the previous three-year period.

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About this data

Source: MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) real estate transaction records, 2023Q2–2026Q1. Only segments with at least 5 transactions are shown. For-sale figures come from active listings tracked and deduplicated by Japan Property Research.