Land prices / Hiroshima / Kure

2021–2024 published land transactions

Nishichuo land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 196,625 / m²JPY 196.625K / m²
Median sample 6Five-year sample 6
Estimated price for 100 m²
JPY 19.66M
Simple estimate using the displayed median
Estimated land + building budget
JPY 58.26M
100 m² building using the 2025 benchmark

Nishichuo location

Nishichuo 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 187,550 / m² – JPY 344,094 / m²JPY 187.55K / m² – JPY 344.094K / m²
Average transaction price
JPY 280,317 / m²JPY 280.317K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 9.83MJPY 9.38M JPY 17.2M
100.0 m²30.3 tsuboJPY 19.66MJPY 18.76M JPY 34.41M
150.0 m²45.4 tsuboJPY 29.49MJPY 28.13M JPY 51.61M
200.0 m²60.5 tsuboJPY 39.33MJPY 37.51M JPY 68.82M

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

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 (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10530.0 m²JPY 99MJPY 184,525 / m²JPY 184.525K / m²Not disclosedCategory I residential zone
2022-01200.0 m²JPY 40MJPY 196,625 / m²JPY 196.625K / m²20 mCategory I residential zone
2021-07640.0 m²JPY 250MJPY 393,250 / m²JPY 393.25K / m²22.5 mCommercial zone
2021-07340.0 m²JPY 200MJPY 574,750 / m²JPY 574.75K / m²11.5 mCommercial zone
2021-04320.0 m²JPY 43MJPY 136,125 / m²JPY 136.125K / m²24 mCategory I residential zone
2021-01130.0 m²JPY 26MJPY 196,625 / m²JPY 196.625K / m²6 mCategory I 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.

Nishichuo land-price summary

The median published transaction price in Nishichuo for 2021–2024 is JPY 196,625 / m²JPY 196.625K / m². A 100 m² plot would therefore be about JPY 19.66M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Nishichuo

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 ↗