Land prices / Hokkaido / Hakodate

2025 published land transactions

Mihara land prices and price trends

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

Median transaction price per m² (2025)
JPY 42,350 / m²JPY 42.35K / m²
Median sample 20Five-year sample 66
Estimated price for 100 m²
JPY 4.24M
Simple estimate using the displayed median
Estimated land + building budget
JPY 42.83M
100 m² building using the 2025 benchmark

Mihara location

Mihara 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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Price distribution (2025)

Middle 50% price range
JPY 38,569 / m² – JPY 45,375 / m²JPY 38.569K / m² – JPY 45.375K / m²
Average transaction price
JPY 43,106 / m²JPY 43.106K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.12MJPY 1.93M JPY 2.27M
100.0 m²30.3 tsuboJPY 4.24MJPY 3.86M JPY 4.54M
150.0 m²45.4 tsuboJPY 6.35MJPY 5.79M JPY 6.81M
200.0 m²60.5 tsuboJPY 8.47MJPY 7.71M JPY 9.08M

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 transactions9
Indicative
168
Indicative
1320
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 (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10820.0 m²JPY 37MJPY 45,375 / m²JPY 45.375K / m²Not disclosedResidential use
2025-10510.0 m²JPY 27MJPY 51,425 / m²JPY 51.425K / m²35 mResidential use
2025-10740.0 m²JPY 26MJPY 36,300 / m²JPY 36.3K / m²37 mResidential use
2025-10520.0 m²JPY 23MJPY 45,375 / m²JPY 45.375K / m²36 mResidential use
2025-10180.0 m²JPY 10MJPY 54,450 / m²JPY 54.45K / m²11 mResidential use
2025-10220.0 m²JPY 10MJPY 45,375 / m²JPY 45.375K / m²10.8 mOther
2025-07380.0 m²JPY 13MJPY 33,275 / m²JPY 33.275K / m²25.4 mResidential use
2025-07175.0 m²JPY 7.8MJPY 45,375 / m²JPY 45.375K / m²12.5 mResidential use
2025-07185.0 m²JPY 7MJPY 36,300 / m²JPY 36.3K / m²14 mResidential use
2025-07170.0 m²JPY 6.7MJPY 39,325 / m²JPY 39.325K / m²13 m
2025-04680.0 m²JPY 39MJPY 57,475 / m²JPY 57.475K / m²17 m
2025-04400.0 m²JPY 15MJPY 36,300 / m²JPY 36.3K / m²24 mResidential use
2025-04240.0 m²JPY 12MJPY 48,400 / m²JPY 48.4K / m²18.4 m
2025-04160.0 m²JPY 7MJPY 42,350 / m²JPY 42.35K / m²9.5 mResidential use
2025-04145.0 m²JPY 6MJPY 42,350 / m²JPY 42.35K / m²9 m
2025-01400.0 m²JPY 16MJPY 39,325 / m²JPY 39.325K / m²26.5 mResidential use
2025-01270.0 m²JPY 12MJPY 42,350 / m²JPY 42.35K / m²13.5 mResidential use
2025-01200.0 m²JPY 9MJPY 45,375 / m²JPY 45.375K / m²14.2 mResidential use
2025-01220.0 m²JPY 8.6MJPY 39,325 / m²JPY 39.325K / m²16 mResidential use
2025-01200.0 m²JPY 7.5MJPY 36,300 / m²JPY 36.3K / m²11 mOther

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.

Mihara land-price summary

The median published transaction price in Mihara for 2025 is JPY 42,350 / m²JPY 42.35K / m². A 100 m² plot would therefore be about JPY 4.24M 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 ↗