Land prices / Hokkaido / Fukagawa

2024 published land transactions

Nishimachi land prices and price trends

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

Median transaction price per m² (2024)
JPY 2,057 / m²JPY 2.057K / m²
Median sample 4Five-year sample 12
Estimated price for 100 m²
JPY 205,700JPY 205.7K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.8M
100 m² building using the 2025 benchmark

Nishimachi location

Nishimachi 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 (2024)

Middle 50% price range
JPY 1,732 / m² – JPY 3,645 / m²JPY 1.732K / m² – JPY 3.645K / m²
Average transaction price
JPY 3,320 / m²JPY 3.32K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 102,850JPY 102.85KJPY 86,591JPY 86.591K JPY 182,256JPY 182.256K
100.0 m²30.3 tsuboJPY 205,700JPY 205.7KJPY 173,181JPY 173.181K JPY 364,513JPY 364.513K
150.0 m²45.4 tsuboJPY 308,550JPY 308.55KJPY 259,772JPY 259.772K JPY 546,769JPY 546.769K
200.0 m²60.5 tsuboJPY 411,400JPY 411.4KJPY 346,363JPY 346.363K JPY 729,025JPY 729.025K

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 (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10270.0 m²JPY 500,000JPY 500KJPY 1,876 / m²JPY 1.876K / m²12.7 mOther
2024-10220.0 m²JPY 500,000JPY 500KJPY 2,239 / m²JPY 2.239K / m²11 mOther
2024-10230.0 m²JPY 300,000JPY 300KJPY 1,301 / m²JPY 1.301K / m²10.5 mOther
2024-07450.0 m²JPY 3.6MJPY 7,865 / m²JPY 7.865K / m²31 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.

Nishimachi land-price summary

The median published transaction price in Nishimachi for 2024 is JPY 2,057 / m²JPY 2.057K / m². A 100 m² plot would therefore be about JPY 205,700JPY 205.7K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Nishimachi

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 ↗