Land prices / Hiroshima / Mihara

2025 published land transactions

Hongo-Minami land prices and price trends

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

Median transaction price per m² (2025)
JPY 26,923 / m²JPY 26.923K / m²
Median sample 3Five-year sample 8
Estimated price for 100 m²
JPY 2.69M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.29M
100 m² building using the 2025 benchmark

Hongo-Minami location

Hongo-Minami 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 (2025)

Middle 50% price range
JPY 24,805 / m² – JPY 28,586 / m²JPY 24.805K / m² – JPY 28.586K / m²
Average transaction price
JPY 26,620 / m²JPY 26.62K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.35MJPY 1.24M JPY 1.43M
100.0 m²30.3 tsuboJPY 2.69MJPY 2.48M JPY 2.86M
150.0 m²45.4 tsuboJPY 4.04MJPY 3.72M JPY 4.29M
200.0 m²60.5 tsuboJPY 5.38MJPY 4.96M JPY 5.72M

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
21222325
Year2021202220232025
Public transactions1
Indicative
2
Indicative
2
Indicative
3
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10330.0 m²JPY 7.5MJPY 22,688 / m²JPY 22.688K / m²17 mCategory I exclusively low-rise residential zone
2025-079999.0 m²JPY 100MJPY 30,250 / m²JPY 30.25K / m²44.7 mQuasi-industrial zone
2025-0475.0 m²JPY 2MJPY 26,923 / m²JPY 26.923K / m²2.7 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.

Hongo-Minami land-price summary

The median published transaction price in Hongo-Minami for 2025 is JPY 26,923 / m²JPY 26.923K / m². A 100 m² plot would therefore be about JPY 2.69M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

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 ↗