Land prices / Hiroshima / Mihara

2021–2023 published land transactions

Nishimiya land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 25,713 / m²JPY 25.713K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 2.57M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.17M
100 m² building using the 2025 benchmark

Nishimiya location

Nishimiya 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 (2021–2023)

Middle 50% price range
JPY 17,394 / m² – JPY 29,494 / m²JPY 17.394K / m² – JPY 29.494K / m²
Average transaction price
JPY 22,688 / m²JPY 22.688K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.29MJPY 869,688JPY 869.688K JPY 1.47M
100.0 m²30.3 tsuboJPY 2.57MJPY 1.74M JPY 2.95M
150.0 m²45.4 tsuboJPY 3.86MJPY 2.61M JPY 4.42M
200.0 m²60.5 tsuboJPY 5.14MJPY 3.48M JPY 5.9M

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

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04480.0 m²JPY 12MJPY 25,713 / m²JPY 25.713K / m²14 mCategory I residential zone
2023-01220.0 m²JPY 2MJPY 9,075 / m²JPY 9.075K / m²14 mCategory I residential zone
2021-10170.0 m²JPY 5.5MJPY 33,275 / m²JPY 33.275K / m²8 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.

Nishimiya land-price summary

The median published transaction price in Nishimiya for 2021–2023 is JPY 25,713 / m²JPY 25.713K / m². A 100 m² plot would therefore be about JPY 2.57M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

Station-area land prices near Nishimiya

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 ↗