Land prices / Hokkaido / Hokuto

2021–2022 published land transactions

Hongo land prices and price trends

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

Median transaction price per m² (2021–2022)
JPY 10,436 / m²JPY 10.436K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 1.04M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.64M
100 m² building using the 2025 benchmark

Hongo location

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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Price distribution (2021–2022)

Middle 50% price range
JPY 8,697 / m² – JPY 12,176 / m²JPY 8.697K / m² – JPY 12.176K / m²
Average transaction price
JPY 10,436 / m²JPY 10.436K / m²

Estimated land price by plot size (2021–2022)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 521,813JPY 521.813KJPY 434,844JPY 434.844K JPY 608,781JPY 608.781K
100.0 m²30.3 tsuboJPY 1.04MJPY 869,688JPY 869.688K JPY 1.22M
150.0 m²45.4 tsuboJPY 1.57MJPY 1.3M JPY 1.83M
200.0 m²60.5 tsuboJPY 2.09MJPY 1.74M JPY 2.44M

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
2122
Year20212022
Public transactions1
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 2022. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2021–2022)

PeriodAreaPricePrice / m²Road widthZoning
2022-01480.0 m²JPY 6.8MJPY 13,915 / m²JPY 13.915K / m²9 mOther
2021-10260.0 m²JPY 1.8MJPY 6,958 / m²JPY 6.958K / m²8 m

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.

Hongo land-price summary

The median published transaction price in Hongo for 2021–2022 is JPY 10,436 / m²JPY 10.436K / m². A 100 m² plot would therefore be about JPY 1.04M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2022.

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 ↗