Land prices / Hiroshima / Hiroshima-Nishi

2022–2024 published land transactions

Kanon-Hommachi land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 302,500 / m²JPY 302.5K / m²
Median sample 6Five-year sample 7
Estimated price for 100 m²
JPY 30.25M
Simple estimate using the displayed median
Estimated land + building budget
JPY 68.85M
100 m² building using the 2025 benchmark

Kanon-Hommachi location

Kanon-Hommachi 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 288,888 / m² – JPY 325,188 / m²JPY 288.888K / m² – JPY 325.188K / m²
Average transaction price
JPY 300,988 / m²JPY 300.988K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 15.13MJPY 14.44M JPY 16.26M
100.0 m²30.3 tsuboJPY 30.25MJPY 28.89M JPY 32.52M
150.0 m²45.4 tsuboJPY 45.38MJPY 43.33M JPY 48.78M
200.0 m²60.5 tsuboJPY 60.5MJPY 57.78M JPY 65.04M

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

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions1
Indicative
3
Indicative
1
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
2024-07440.0 m²JPY 140MJPY 332,750 / m²JPY 332.75K / m²17.5 mCategory II residential zone
2024-07115.0 m²JPY 36MJPY 302,500 / m²JPY 302.5K / m²9.5 mCategory II residential zone
2023-04175.0 m²JPY 53MJPY 302,500 / m²JPY 302.5K / m²9.8 mCategory II residential zone
2022-10490.0 m²JPY 140MJPY 284,350 / m²JPY 284.35K / m²16 mNeighborhood commercial zone
2022-041200.0 m²JPY 410MJPY 332,750 / m²JPY 332.75K / m²9999.9 mNeighborhood commercial zone
2022-01300.0 m²JPY 74MJPY 251,075 / m²JPY 251.075K / m²15 mCategory II residential 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.

Kanon-Hommachi land-price summary

The median published transaction price in Kanon-Hommachi for 2022–2024 is JPY 302,500 / m²JPY 302.5K / m². A 100 m² plot would therefore be about JPY 30.25M 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 ↗