Land prices / Chiba / Funabashi

2023–2025 published land transactions

Hongocho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 393,250 / m²JPY 393.25K / m²
Median sample 4Five-year sample 5
Estimated price for 100 m²
JPY 39.33M
Simple estimate using the displayed median
Estimated land + building budget
JPY 78.59M
100 m² building using the 2025 benchmark

Hongocho location

Hongocho 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 (2023–2025)

Middle 50% price range
JPY 347,875 / m² – JPY 453,750 / m²JPY 347.875K / m² – JPY 453.75K / m²
Average transaction price
JPY 408,375 / m²JPY 408.375K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 19.66MJPY 17.39M JPY 22.69M
100.0 m²30.3 tsuboJPY 39.33MJPY 34.79M JPY 45.38M
150.0 m²45.4 tsuboJPY 58.99MJPY 52.18M JPY 68.06M
200.0 m²60.5 tsuboJPY 78.65MJPY 69.58M JPY 90.75M

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
22232425
Year2022202320242025
Public transactions1
Indicative
2
Indicative
1
Indicative
1
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2022 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10240.0 m²JPY 130MJPY 544,500 / m²JPY 544.5K / m²4.5 mResidential use
2024-10165.0 m²JPY 63MJPY 363,000 / m²JPY 363K / m²Not disclosed
2023-10150.0 m²JPY 64MJPY 423,500 / m²JPY 423.5K / m²12.8 m
2023-07150.0 m²JPY 45MJPY 302,500 / m²JPY 302.5K / m²12.8 m

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.

Hongocho land-price summary

The median published transaction price in Hongocho for 2023–2025 is JPY 393,250 / m²JPY 393.25K / m². A 100 m² plot would therefore be about JPY 39.33M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2025.

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 ↗