2022–2024 published land transactions

Morikawacho land prices and price trends

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

Median transaction price per m² (2022–2024)

JPY 9,378 / m²JPY 9.378K / m²

Median sample 13Five-year sample 13

Estimated price for 100 m²

JPY 937,750JPY 937.75K

Simple estimate using the displayed median

Estimated land + building budget

JPY 38.54M

100 m² building using the 2025 benchmark

Morikawacho location

Morikawacho 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 (2022–2024)

Middle 50% price range

JPY 6,958 / m² – JPY 9,378 / m²JPY 6.958K / m² – JPY 9.378K / m²

Average transaction price

JPY 7,684 / m²JPY 7.684K / m²

Estimated land price by plot size (2022–2024)

Plot size	Equivalent in tsubo	Median estimate	Middle 50% estimate
50.0 m²	15.1 tsubo	JPY 468,875JPY 468.875K	JPY 347,875JPY 347.875K – JPY 468,875JPY 468.875K
100.0 m²	30.3 tsubo	JPY 937,750JPY 937.75K	JPY 695,750JPY 695.75K – JPY 937,750JPY 937.75K
150.0 m²	45.4 tsubo	JPY 1.41M	JPY 1.04M – JPY 1.41M
200.0 m²	60.5 tsubo	JPY 1.88M	JPY 1.39M – JPY 1.88M

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 2022 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2024)

Period	Area	Price	Price / m²	Road width	Zoning
2024-10	1300.0 m²	JPY 9.1M	JPY 6,958 / m²JPY 6.958K / m²	22 m	Urbanization control area
2023-04	9999.0 m²	JPY 29M	JPY 9,378 / m²JPY 9.378K / m²	9999.9 m	Urbanization control area
2023-04	9999.0 m²	JPY 23M	JPY 9,378 / m²JPY 9.378K / m²	9999.9 m	Urbanization control area
2023-04	1900.0 m²	JPY 18M	JPY 9,378 / m²JPY 9.378K / m²	32.6 m	Urbanization control area
2023-04	1500.0 m²	JPY 15M	JPY 9,378 / m²JPY 9.378K / m²	25.6 m	Urbanization control area
2023-04	1300.0 m²	JPY 12M	JPY 9,378 / m²JPY 9.378K / m²	Not disclosed	Urbanization control area
2023-04	1000.0 m²	JPY 9.8M	JPY 9,378 / m²JPY 9.378K / m²	45.1 m	Urbanization control area
2023-04	270.0 m²	JPY 2.5M	JPY 9,378 / m²JPY 9.378K / m²	19.9 m	Urbanization control area
2023-01	630.0 m²	JPY 2.8M	JPY 4,538 / m²JPY 4.538K / m²	15 m	Urbanization control area
2022-07	9999.0 m²	JPY 140M	JPY 9,378 / m²JPY 9.378K / m²	9999.9 m	Urbanization control area
2022-07	9999.0 m²	JPY 52M	JPY 9,075 / m²JPY 9.075K / m²	46.5 m	Urbanization control area
2022-07	1500.0 m²	JPY 1.5M	JPY 968 / m²	25.5 m	Urbanization control area
2022-07	480.0 m²	JPY 1.5M	JPY 3,328 / m²JPY 3.328K / m²	9 m	Urbanization control area

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.

Morikawacho land-price summary

The median published transaction price in Morikawacho for 2022–2024 is JPY 9,378 / m²JPY 9.378K / m². A 100 m² plot would therefore be about JPY 937,750JPY 937.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2022 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 ↗