Land prices / Hokkaido / Otaru

2025 published land transactions

Miharashicho land prices and price trends

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

Median transaction price per m² (2025)
JPY 2,662 / m²JPY 2.662K / m²
Median sample 8Five-year sample 15
Estimated price for 100 m²
JPY 266,200JPY 266.2K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.87M
100 m² building using the 2025 benchmark

Miharashicho location

Miharashicho 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 (2025)

Middle 50% price range
JPY 1,263 / m² – JPY 10,436 / m²JPY 1.263K / m² – JPY 10.436K / m²
Average transaction price
JPY 5,808 / m²JPY 5.808K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 133,100JPY 133.1KJPY 63,147JPY 63.147K JPY 521,813JPY 521.813K
100.0 m²30.3 tsuboJPY 266,200JPY 266.2KJPY 126,294JPY 126.294K JPY 1.04M
150.0 m²45.4 tsuboJPY 399,300JPY 399.3KJPY 189,441JPY 189.441K JPY 1.57M
200.0 m²60.5 tsuboJPY 532,400JPY 532.4KJPY 252,588JPY 252.588K JPY 2.09M

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 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07380.0 m²JPY 3.8MJPY 9,983 / m²JPY 9.983K / m²19.9 mResidential use
2025-07890.0 m²JPY 1MJPY 1,119 / m²JPY 1.119K / m²16 mResidential use
2025-04670.0 m²JPY 7.8MJPY 11,798 / m²JPY 11.798K / m²13 mResidential use
2025-04410.0 m²JPY 6.5MJPY 15,730 / m²JPY 15.73K / m²14 mOther
2025-04175.0 m²JPY 550,000JPY 550KJPY 3,025 / m²JPY 3.025K / m²3.6 m
2025-04280.0 m²JPY 350,000JPY 350KJPY 1,271 / m²JPY 1.271K / m²16 m
2025-04280.0 m²JPY 350,000JPY 350KJPY 1,240 / m²JPY 1.24K / m²16 m
2025-04130.0 m²JPY 300,000JPY 300KJPY 2,299 / m²JPY 2.299K / m²4 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.

Miharashicho land-price summary

The median published transaction price in Miharashicho for 2025 is JPY 2,662 / m²JPY 2.662K / m². A 100 m² plot would therefore be about JPY 266,200JPY 266.2K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

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 ↗