Land prices / Aichi / Mihama-Town

2022–2024 published land transactions

Noma land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 11,949 / m²JPY 11.949K / m²
Median sample 6Five-year sample 14
Estimated price for 100 m²
JPY 1.19M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.8M
100 m² building using the 2025 benchmark

Noma location

Noma 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 4,870 / m² – JPY 12,403 / m²JPY 4.87K / m² – JPY 12.403K / m²
Average transaction price
JPY 9,189 / m²JPY 9.189K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 597,438JPY 597.438KJPY 243,513JPY 243.513K JPY 620,125JPY 620.125K
100.0 m²30.3 tsuboJPY 1.19MJPY 487,025JPY 487.025K JPY 1.24M
150.0 m²45.4 tsuboJPY 1.79MJPY 730,538JPY 730.538K JPY 1.86M
200.0 m²60.5 tsuboJPY 2.39MJPY 974,050JPY 974.05K JPY 2.48M

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
21222324
Year2021202220232024
Public transactions8
Indicative
2
Indicative
2
Indicative
2
Indicative
Official observations2222

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04720.0 m²JPY 100,000JPY 100KJPY 139 / m²17 mCategory I residential zone
2024-01420.0 m²JPY 4.8MJPY 11,495 / m²JPY 11.495K / m²22.5 mCategory I residential zone
2023-04440.0 m²JPY 5.5MJPY 12,403 / m²JPY 12.403K / m²21 mCategory I residential zone
2023-04340.0 m²JPY 4.2MJPY 12,403 / m²JPY 12.403K / m²16.5 mUrbanization control area
2022-07250.0 m²JPY 670,000JPY 670KJPY 2,662 / m²JPY 2.662K / m²26.3 mNeighborhood commercial zone
2022-041100.0 m²JPY 19MJPY 16,033 / m²JPY 16.033K / m²45 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.

Noma land-price summary

The median published transaction price in Noma for 2022–2024 is JPY 11,949 / m²JPY 11.949K / m². A 100 m² plot would therefore be about JPY 1.19M 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 ↗