Land prices / Hiroshima / Fukuyama

2023–2025 published land transactions

Mikadocho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 130,075 / m²JPY 130.075K / m²
Median sample 5Five-year sample 8
Estimated price for 100 m²
JPY 13.01M
Simple estimate using the displayed median
Estimated land + building budget
JPY 51.61M
100 m² building using the 2025 benchmark

Mikadocho location

Mikadocho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

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 127,050 / m² – JPY 145,200 / m²JPY 127.05K / m² – JPY 145.2K / m²
Average transaction price
JPY 125,840 / m²JPY 125.84K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 6.5MJPY 6.35M JPY 7.26M
100.0 m²30.3 tsuboJPY 13.01MJPY 12.71M JPY 14.52M
150.0 m²45.4 tsuboJPY 19.51MJPY 19.06M JPY 21.78M
200.0 m²60.5 tsuboJPY 26.02MJPY 25.41M JPY 29.04M

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

No matching residential official land-price observation is available for this neighborhood.

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

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07105.0 m²JPY 15MJPY 145,200 / m²JPY 145.2K / m²7 mNeighborhood commercial zone
2024-04600.0 m²JPY 77MJPY 130,075 / m²JPY 130.075K / m²26 mNeighborhood commercial zone
2024-04140.0 m²JPY 21MJPY 145,200 / m²JPY 145.2K / m²6 mNeighborhood commercial zone
2023-10140.0 m²JPY 12MJPY 81,675 / m²JPY 81.675K / m²6.5 mNeighborhood commercial zone
2023-07380.0 m²JPY 49MJPY 127,050 / m²JPY 127.05K / m²15 mNeighborhood commercial 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.

Mikadocho land-price summary

The median published transaction price in Mikadocho for 2023–2025 is JPY 130,075 / m²JPY 130.075K / m². A 100 m² plot would therefore be about JPY 13.01M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Mikadocho

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 ↗