Land prices / Fukushima / Shinchi

2021–2024 published land transactions

Ogawa land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 8,470 / m²JPY 8.47K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 847,000JPY 847K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.45M
100 m² building using the 2025 benchmark

Ogawa location

Ogawa 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 (2021–2024)

Middle 50% price range
JPY 7,714 / m² – JPY 9,075 / m²JPY 7.714K / m² – JPY 9.075K / m²
Average transaction price
JPY 8,369 / m²JPY 8.369K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 423,500JPY 423.5KJPY 385,688JPY 385.688K JPY 453,750JPY 453.75K
100.0 m²30.3 tsuboJPY 847,000JPY 847KJPY 771,375JPY 771.375K JPY 907,500JPY 907.5K
150.0 m²45.4 tsuboJPY 1.27MJPY 1.16M JPY 1.36M
200.0 m²60.5 tsuboJPY 1.69MJPY 1.54M JPY 1.82M

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
212224
Year202120222024
Public transactions1
Indicative
1
Indicative
1
Indicative
Official observations111

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 (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-071100.0 m²JPY 7.7MJPY 6,958 / m²JPY 6.958K / m²9999.9 m
2022-10990.0 m²JPY 9.5MJPY 9,680 / m²JPY 9.68K / m²9999.9 m
2021-04530.0 m²JPY 4.5MJPY 8,470 / m²JPY 8.47K / m²28 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.

Ogawa land-price summary

The median published transaction price in Ogawa for 2021–2024 is JPY 8,470 / m²JPY 8.47K / m². A 100 m² plot would therefore be about JPY 847,000JPY 847K 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 ↗