Land prices / Hokkaido / Hakodate

2023–2025 published land transactions

Minatocho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 26,620 / m²JPY 26.62K / m²
Median sample 5Five-year sample 12
Estimated price for 100 m²
JPY 2.66M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.26M
100 m² building using the 2025 benchmark

Minatocho location

Minatocho 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 26,015 / m² – JPY 27,528 / m²JPY 26.015K / m² – JPY 27.528K / m²
Average transaction price
JPY 28,072 / m²JPY 28.072K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.33MJPY 1.3M JPY 1.38M
100.0 m²30.3 tsuboJPY 2.66MJPY 2.6M JPY 2.75M
150.0 m²45.4 tsuboJPY 3.99MJPY 3.9M JPY 4.13M
200.0 m²60.5 tsuboJPY 5.32MJPY 5.2M JPY 5.51M

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
5
Indicative
1
Indicative
2
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
2025-10330.0 m²JPY 8.7MJPY 26,620 / m²JPY 26.62K / m²23 mOther
2025-0195.0 m²JPY 2MJPY 20,873 / m²JPY 20.873K / m²10.5 mOther
2024-04230.0 m²JPY 6.3MJPY 27,528 / m²JPY 27.528K / m²12.5 mResidential use
2024-01180.0 m²JPY 4.7MJPY 26,015 / m²JPY 26.015K / m²12.5 mResidential use
2023-10135.0 m²JPY 5.2MJPY 39,325 / m²JPY 39.325K / m²7.3 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.

Minatocho land-price summary

The median published transaction price in Minatocho for 2023–2025 is JPY 26,620 / m²JPY 26.62K / m². A 100 m² plot would therefore be about JPY 2.66M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Minatocho

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 ↗