Land prices / Hiroshima / Onomichi

2021–2023 published land transactions

Minogocho-Hongo land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 9,378 / m²JPY 9.378K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 937,750JPY 937.75K
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.54M
100 m² building using the 2025 benchmark

Minogocho-Hongo location

Minogocho-Hongo 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 6,806 / m² – JPY 25,864 / m²JPY 6.806K / m² – JPY 25.864K / m²
Average transaction price
JPY 18,654 / m²JPY 18.654K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 468,875JPY 468.875KJPY 340,313JPY 340.313K JPY 1.29M
100.0 m²30.3 tsuboJPY 937,750JPY 937.75KJPY 680,625JPY 680.625K JPY 2.59M
150.0 m²45.4 tsuboJPY 1.41MJPY 1.02M JPY 3.88M
200.0 m²60.5 tsuboJPY 1.88MJPY 1.36M JPY 5.17M

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
2123
Year20212023
Public transactions2
Indicative
1
Indicative
Official observations11

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

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-079999.0 m²JPY 10MJPY 4,235 / m²JPY 4.235K / m²Not disclosedUrbanization control area
2021-10230.0 m²JPY 9.8MJPY 42,350 / m²JPY 42.35K / m²14.2 mUrbanization control area
2021-019999.0 m²JPY 22MJPY 9,378 / m²JPY 9.378K / m²9999.9 mResidential use

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.

Minogocho-Hongo land-price summary

The median published transaction price in Minogocho-Hongo for 2021–2023 is JPY 9,378 / m²JPY 9.378K / m². A 100 m² plot would therefore be about JPY 937,750JPY 937.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗