Land prices / Hiroshima / Hiroshima-Nishi

2023–2025 published land transactions

Mitakihommachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 108,900 / m²JPY 108.9K / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 10.89M
Simple estimate using the displayed median
Estimated land + building budget
JPY 49.49M
100 m² building using the 2025 benchmark

Mitakihommachi location

Mitakihommachi 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 (2023–2025)

Middle 50% price range
JPY 65,794 / m² – JPY 148,981 / m²JPY 65.794K / m² – JPY 148.981K / m²
Average transaction price
JPY 105,875 / m²JPY 105.875K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 5.45MJPY 3.29M JPY 7.45M
100.0 m²30.3 tsuboJPY 10.89MJPY 6.58M JPY 14.9M
150.0 m²45.4 tsuboJPY 16.34MJPY 9.87M JPY 22.35M
200.0 m²60.5 tsuboJPY 21.78MJPY 13.16M JPY 29.8M

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
232425
Year202320242025
Public transactions1
Indicative
1
Indicative
2
Indicative
Official observations222

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04720.0 m²JPY 27MJPY 36,300 / m²JPY 36.3K / m²20.2 mCategory I exclusively low-rise residential zone
2025-01155.0 m²JPY 26MJPY 169,400 / m²JPY 169.4K / m²7.2 mCategory I residential zone
2024-01140.0 m²JPY 20MJPY 142,175 / m²JPY 142.175K / m²8.2 mCategory I exclusively low-rise residential zone
2023-07120.0 m²JPY 9MJPY 75,625 / m²JPY 75.625K / m²7.2 mCategory I exclusively low-rise 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.

Mitakihommachi land-price summary

The median published transaction price in Mitakihommachi for 2023–2025 is JPY 108,900 / m²JPY 108.9K / m². A 100 m² plot would therefore be about JPY 10.89M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.

Station-area land prices near Mitakihommachi

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 ↗