Land prices / Hokkaido / Muroran

2024 published land transactions

Kohokucho land prices and price trends

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

Median transaction price per m² (2024)
JPY 14,218 / m²JPY 14.218K / m²
Median sample 4Five-year sample 10
Estimated price for 100 m²
JPY 1.42M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.02M
100 m² building using the 2025 benchmark

Kohokucho location

Kohokucho 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 (2024)

Middle 50% price range
JPY 3,644 / m² – JPY 26,015 / m²JPY 3.644K / m² – JPY 26.015K / m²
Average transaction price
JPY 15,441 / m²JPY 15.441K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 710,875JPY 710.875KJPY 182,181JPY 182.181K JPY 1.3M
100.0 m²30.3 tsuboJPY 1.42MJPY 364,361JPY 364.361K JPY 2.6M
150.0 m²45.4 tsuboJPY 2.13MJPY 546,542JPY 546.542K JPY 3.9M
200.0 m²60.5 tsuboJPY 2.84MJPY 728,723JPY 728.723K JPY 5.2M

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
21222324
Year2021202220232024
Public transactions1
Indicative
2
Indicative
3
Indicative
4
Indicative
Official observations2222

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10330.0 m²JPY 12MJPY 33,275 / m²JPY 33.275K / m²16.4 mRetail use
2024-07560.0 m²JPY 30,000JPY 30KJPY 54 / m²29.9 mOther
2024-04430.0 m²JPY 10MJPY 23,595 / m²JPY 23.595K / m²12.6 mResidential use
2024-01370.0 m²JPY 1.8MJPY 4,840 / m²JPY 4.84K / m²19.6 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.

Kohokucho land-price summary

The median published transaction price in Kohokucho for 2024 is JPY 14,218 / m²JPY 14.218K / m². A 100 m² plot would therefore be about JPY 1.42M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗