Land prices / Hiroshima / Kure

2022–2023 published land transactions

Nishitanicho land prices and price trends

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

Median transaction price per m² (2022–2023)
JPY 14,520 / m²JPY 14.52K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 1.45M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.05M
100 m² building using the 2025 benchmark

Nishitanicho location

Nishitanicho 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 (2022–2023)

Middle 50% price range
JPY 11,193 / m² – JPY 17,848 / m²JPY 11.193K / m² – JPY 17.848K / m²
Average transaction price
JPY 14,520 / m²JPY 14.52K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 726,000JPY 726KJPY 559,625JPY 559.625K JPY 892,375JPY 892.375K
100.0 m²30.3 tsuboJPY 1.45MJPY 1.12M JPY 1.78M
150.0 m²45.4 tsuboJPY 2.18MJPY 1.68M JPY 2.68M
200.0 m²60.5 tsuboJPY 2.9MJPY 2.24M JPY 3.57M

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 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04165.0 m²JPY 3.5MJPY 21,175 / m²JPY 21.175K / m²13 mCategory I mid/high-rise residential zone
2022-04700.0 m²JPY 5.5MJPY 7,865 / m²JPY 7.865K / m²15 mUrbanization control area

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.

Nishitanicho land-price summary

The median published transaction price in Nishitanicho for 2022–2023 is JPY 14,520 / m²JPY 14.52K / m². A 100 m² plot would therefore be about JPY 1.45M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2023.

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 ↗