Land prices / Hokkaido / Mikasa

2021–2023 published land transactions

Hongocho land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 3,025 / m²JPY 3.025K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 302,500JPY 302.5K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.9M
100 m² building using the 2025 benchmark

Hongocho location

Hongocho 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 (2021–2023)

Middle 50% price range
JPY 2,118 / m² – JPY 3,176 / m²JPY 2.118K / m² – JPY 3.176K / m²
Average transaction price
JPY 2,521 / m²JPY 2.521K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 151,250JPY 151.25KJPY 105,875JPY 105.875K JPY 158,813JPY 158.813K
100.0 m²30.3 tsuboJPY 302,500JPY 302.5KJPY 211,750JPY 211.75K JPY 317,625JPY 317.625K
150.0 m²45.4 tsuboJPY 453,750JPY 453.75KJPY 317,625JPY 317.625K JPY 476,438JPY 476.438K
200.0 m²60.5 tsuboJPY 605,000JPY 605KJPY 423,500JPY 423.5K JPY 635,250JPY 635.25K

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 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04250.0 m²JPY 800,000JPY 800KJPY 3,328 / m²JPY 3.328K / m²9 mOther
2022-10760.0 m²JPY 2.3MJPY 3,025 / m²JPY 3.025K / m²28 mOther
2021-10250.0 m²JPY 300,000JPY 300KJPY 1,210 / m²JPY 1.21K / m²9 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.

Hongocho land-price summary

The median published transaction price in Hongocho for 2021–2023 is JPY 3,025 / m²JPY 3.025K / m². A 100 m² plot would therefore be about JPY 302,500JPY 302.5K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

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 ↗