Land prices / Chiba / Funabashi

2022–2024 published land transactions

Minatocho land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 363,000 / m²JPY 363K / m²
Median sample 7Five-year sample 10
Estimated price for 100 m²
JPY 36.3M
Simple estimate using the displayed median
Estimated land + building budget
JPY 75.56M
100 m² building using the 2025 benchmark

Minatocho location

Minatocho 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 (2022–2024)

Middle 50% price range
JPY 300,988 / m² – JPY 378,125 / m²JPY 300.988K / m² – JPY 378.125K / m²
Average transaction price
JPY 350,036 / m²JPY 350.036K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 18.15MJPY 15.05M JPY 18.91M
100.0 m²30.3 tsuboJPY 36.3MJPY 30.1M JPY 37.81M
150.0 m²45.4 tsuboJPY 54.45MJPY 45.15M JPY 56.72M
200.0 m²60.5 tsuboJPY 72.6MJPY 60.2M JPY 75.63M

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 transactions3
Indicative
1
Indicative
4
Indicative
2
Indicative
Official observations1111

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: 1.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10290.0 m²JPY 110MJPY 363,000 / m²JPY 363K / m²13 mResidential use
2024-07320.0 m²JPY 170MJPY 514,250 / m²JPY 514.25K / m²Not disclosedResidential use
2023-10410.0 m²JPY 160MJPY 393,250 / m²JPY 393.25K / m²13.4 m
2023-0475.0 m²JPY 27MJPY 363,000 / m²JPY 363K / m²6 mResidential use
2023-01310.0 m²JPY 93MJPY 299,475 / m²JPY 299.475K / m²Not disclosedResidential use
2023-01340.0 m²JPY 72MJPY 214,775 / m²JPY 214.775K / m²8 m
2022-04105.0 m²JPY 31MJPY 302,500 / m²JPY 302.5K / m²2.8 mResidential use

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.

Minatocho land-price summary

The median published transaction price in Minatocho for 2022–2024 is JPY 363,000 / m²JPY 363K / m². A 100 m² plot would therefore be about JPY 36.3M 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 ↗