Land prices / Aichi / Iwakura

2025 published land transactions

Shimohommachi land prices and price trends

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

Median transaction price per m² (2025)
JPY 263,175 / m²JPY 263.175K / m²
Median sample 5Five-year sample 12
Estimated price for 100 m²
JPY 26.32M
Simple estimate using the displayed median
Estimated land + building budget
JPY 63.92M
100 m² building using the 2025 benchmark

Shimohommachi location

Shimohommachi 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 (2025)

Middle 50% price range
JPY 220,825 / m² – JPY 363,000 / m²JPY 220.825K / m² – JPY 363K / m²
Average transaction price
JPY 273,460 / m²JPY 273.46K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 13.16MJPY 11.04M JPY 18.15M
100.0 m²30.3 tsuboJPY 26.32MJPY 22.08M JPY 36.3M
150.0 m²45.4 tsuboJPY 39.48MJPY 33.12M JPY 54.45M
200.0 m²60.5 tsuboJPY 52.64MJPY 44.17M JPY 72.6M

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

Transaction medianOfficial land price
21232425
Year2021202320242025
Public transactions4
Indicative
2
Indicative
1
Indicative
5
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07900.0 m²JPY 200MJPY 220,825 / m²JPY 220.825K / m²25 mCommercial zone
2025-07380.0 m²JPY 100MJPY 263,175 / m²JPY 263.175K / m²37.6 mCommercial zone
2025-07230.0 m²JPY 94MJPY 393,250 / m²JPY 393.25K / m²10.6 mCommercial zone
2025-0775.0 m²JPY 28MJPY 363,000 / m²JPY 363K / m²6.6 mCommercial zone
2025-04210.0 m²JPY 26MJPY 127,050 / m²JPY 127.05K / m²9.4 mCategory 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.

Shimohommachi land-price summary

The median published transaction price in Shimohommachi for 2025 is JPY 263,175 / m²JPY 263.175K / m². A 100 m² plot would therefore be about JPY 26.32M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Shimohommachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗