Land prices / Hiroshima / Hiroshima-Minami

2022–2024 published land transactions

Niho-Shimmachi land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 296,450 / m²JPY 296.45K / m²
Median sample 3Five-year sample 7
Estimated price for 100 m²
JPY 29.65M
Simple estimate using the displayed median
Estimated land + building budget
JPY 68.24M
100 m² building using the 2025 benchmark

Niho-Shimmachi location

Niho-Shimmachi 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 264,688 / m² – JPY 314,600 / m²JPY 264.688K / m² – JPY 314.6K / m²
Average transaction price
JPY 287,375 / m²JPY 287.375K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 14.82MJPY 13.23M JPY 15.73M
100.0 m²30.3 tsuboJPY 29.65MJPY 26.47M JPY 31.46M
150.0 m²45.4 tsuboJPY 44.47MJPY 39.7M JPY 47.19M
200.0 m²60.5 tsuboJPY 59.29MJPY 52.94M JPY 62.92M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10320.0 m²JPY 75MJPY 232,925 / m²JPY 232.925K / m²9.1 mCategory I residential zone
2023-10710.0 m²JPY 240MJPY 332,750 / m²JPY 332.75K / m²22.1 mNeighborhood commercial zone
2022-07640.0 m²JPY 190MJPY 296,450 / m²JPY 296.45K / m²21 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.

Niho-Shimmachi land-price summary

The median published transaction price in Niho-Shimmachi for 2022–2024 is JPY 296,450 / m²JPY 296.45K / m². A 100 m² plot would therefore be about JPY 29.65M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Niho-Shimmachi

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 ↗