Land prices / Hiroshima / Shobara

2023–2025 published land transactions

Nishihommachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 34,788 / m²
Median sample 12Five-year sample 16
Estimated price for 99.2 m² (30 tsubo)
JPY 3.45M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.73M
99.2 m² (30-tsubo) building using the 2025 benchmark

Nishihommachi location

Nishihommachi 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 (2023–2025)

Middle 50% price range
JPY 30,099 / m² – JPY 42,350 / m²
Average transaction price
JPY 34,006 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 2.3MJPY 1.99M JPY 2.8M
99.2 m²30 tsuboJPY 3.45MJPY 2.99M JPY 4.2M
132.2 m²40 tsuboJPY 4.6MJPY 3.98M JPY 5.6M
165.3 m²50 tsuboJPY 5.75MJPY 4.98M JPY 7M

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
2122232425
Year20212022202320242025
Public transactions2
Indicative
2
Indicative
5
Indicative
5
Indicative
2
Indicative
Official observations11111

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 (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04400.0 m²JPY 14MJPY 36,300 / m²18.5 mCategory I residential zone
2025-01175.0 m²JPY 7.4MJPY 42,350 / m²12 mCategory I residential zone
2024-10100.0 m²JPY 700,000JPY 7,260 / m²32 mNeighborhood commercial zone
2024-04740.0 m²JPY 29MJPY 39,325 / m²17 mNeighborhood commercial zone
2024-04240.0 m²JPY 11MJPY 45,375 / m²Not disclosedCategory I residential zone
2024-04330.0 m²JPY 9.9MJPY 29,645 / m²12.3 mCategory I residential zone
2024-01210.0 m²JPY 8.5MJPY 42,350 / m²8 mCategory I residential zone
2023-07200.0 m²JPY 9MJPY 45,375 / m²7 mCategory I residential zone
2023-07155.0 m²JPY 4.9MJPY 30,250 / m²6.5 mCategory I residential zone
2023-0790.0 m²JPY 2.8MJPY 30,250 / m²28 mCategory I residential zone
2023-0770.0 m²JPY 2.3MJPY 33,275 / m²24 mCategory I residential zone
2023-01120.0 m²JPY 3.2MJPY 26,318 / m²6 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.

Nishihommachi land-price summary

The median published transaction price in Nishihommachi for 2023–2025 is JPY 34,788 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 3.45M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Nishihommachi

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 ↗