Land prices / Aichi / Hekinan

2023 published land transactions

Otsubomachi land prices and price trends

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

Median transaction price per m² (2023)
JPY 12,554 / m²JPY 12.554K / m²
Median sample 8Five-year sample 8
Estimated price for 100 m²
JPY 1.26M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.86M
100 m² building using the 2025 benchmark

Otsubomachi location

Otsubomachi 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)

Middle 50% price range
JPY 12,403 / m² – JPY 14,369 / m²JPY 12.403K / m² – JPY 14.369K / m²
Average transaction price
JPY 14,558 / m²JPY 14.558K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 627,688JPY 627.688KJPY 620,125JPY 620.125K JPY 718,438JPY 718.438K
100.0 m²30.3 tsuboJPY 1.26MJPY 1.24M JPY 1.44M
150.0 m²45.4 tsuboJPY 1.88MJPY 1.86M JPY 2.16M
200.0 m²60.5 tsuboJPY 2.51MJPY 2.48M JPY 2.87M

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 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-019999.0 m²JPY 42MJPY 12,403 / m²JPY 12.403K / m²35.5 mUrbanization control area
2023-019999.0 m²JPY 28MJPY 12,403 / m²JPY 12.403K / m²27.8 mUrbanization control area
2023-019999.0 m²JPY 25MJPY 12,403 / m²JPY 12.403K / m²20.7 mUrbanization control area
2023-011900.0 m²JPY 24MJPY 12,705 / m²JPY 12.705K / m²37.5 mUrbanization control area
2023-01950.0 m²JPY 23MJPY 23,898 / m²JPY 23.898K / m²10 mUrbanization control area
2023-011400.0 m²JPY 18MJPY 12,403 / m²JPY 12.403K / m²19.4 mUrbanization control area
2023-01310.0 m²JPY 4.2MJPY 13,613 / m²JPY 13.613K / m²14.1 mUrbanization control area
2023-01160.0 m²JPY 2.6MJPY 16,638 / m²JPY 16.638K / m²8 mUrbanization 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.

Otsubomachi land-price summary

The median published transaction price in Otsubomachi for 2023 is JPY 12,554 / m²JPY 12.554K / m². A 100 m² plot would therefore be about JPY 1.26M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

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 ↗