Land prices / Hokkaido / Otaru
2023–2025 published land transactionsFunahamacho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Funahamacho, Otaru. It does not limit transactions by the buyer's intended use.
Funahamacho location
Funahamacho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 124,025JPY 124.025K | JPY 72,600JPY 72.6K – JPY 175,450JPY 175.45K |
| 100.0 m² | 30.3 tsubo | JPY 248,050JPY 248.05K | JPY 145,200JPY 145.2K – JPY 350,900JPY 350.9K |
| 150.0 m² | 45.4 tsubo | JPY 372,075JPY 372.075K | JPY 217,800JPY 217.8K – JPY 526,350JPY 526.35K |
| 200.0 m² | 60.5 tsubo | JPY 496,100JPY 496.1K | JPY 290,400JPY 290.4K – JPY 701,800JPY 701.8K |
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
The displayed period change compares transaction medians in 2023 and 2025. Published transactions and official residential land-price observations are separate series.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-01 | 230.0 m² | JPY 100,000JPY 100K | JPY 424 / m² | 23 m | Other |
| 2023-10 | 210.0 m² | JPY 1M | JPY 4,538 / m²JPY 4.538K / m² | 16 m | Residential 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.
Funahamacho land-price summary
The median published transaction price in Funahamacho for 2023–2025 is JPY 2,481 / m²JPY 2.481K / m². A 100 m² plot would therefore be about JPY 248,050JPY 248.05K by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.