Land prices / Hiroshima / Kure

2021–2024 published land transactions

Oshigome-Nishihiracho land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 54,450 / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 5.45M
Simple estimate using the displayed median
Estimated land + building budget
JPY 44.04M
100 m² building using the 2025 benchmark

Oshigome-Nishihiracho location

Oshigome-Nishihiracho 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 43,863 / m² – JPY 55,963 / m²
Average transaction price
JPY 48,400 / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.72MJPY 2.19M JPY 2.8M
100.0 m²30.3 tsuboJPY 5.45MJPY 4.39M JPY 5.6M
150.0 m²45.4 tsuboJPY 8.17MJPY 6.58M JPY 8.39M
200.0 m²60.5 tsuboJPY 10.89MJPY 8.77M JPY 11.19M

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
2024-01210.0 m²JPY 12MJPY 57,475 / m²10 mNeighborhood commercial zone
2022-10170.0 m²JPY 9.3MJPY 54,450 / m²10 mNeighborhood commercial zone
2021-04920.0 m²JPY 30MJPY 33,275 / m²Not disclosedNeighborhood 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.

Oshigome-Nishihiracho land-price summary

The median published transaction price in Oshigome-Nishihiracho for 2021–2024 is JPY 54,450 / m². A 100 m² plot would therefore be about JPY 5.45M 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 ↗