Land prices / Hokkaido / Otofuke

2022–2024 published land transactions

Horainishimachi-Minami land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 28,738 / m²JPY 28.738K / m²
Median sample 9Five-year sample 13
Estimated price for 100 m²
JPY 2.87M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.47M
100 m² building using the 2025 benchmark

Horainishimachi-Minami location

Horainishimachi-Minami 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 (2022–2024)

Middle 50% price range
JPY 23,293 / m² – JPY 30,250 / m²JPY 23.293K / m² – JPY 30.25K / m²
Average transaction price
JPY 27,359 / m²JPY 27.359K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.44MJPY 1.16M JPY 1.51M
100.0 m²30.3 tsuboJPY 2.87MJPY 2.33M JPY 3.03M
150.0 m²45.4 tsuboJPY 4.31MJPY 3.49M JPY 4.54M
200.0 m²60.5 tsuboJPY 5.75MJPY 4.66M JPY 6.05M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10230.0 m²JPY 7MJPY 30,250 / m²JPY 30.25K / m²11 mResidential use
2024-01300.0 m²JPY 9MJPY 30,250 / m²JPY 30.25K / m²11.1 mResidential use
2023-10240.0 m²JPY 6.8MJPY 28,738 / m²JPY 28.738K / m²14.2 mResidential use
2022-10240.0 m²JPY 4MJPY 16,940 / m²JPY 16.94K / m²14.2 mResidential use
2022-07230.0 m²JPY 8MJPY 36,300 / m²JPY 36.3K / m²13.5 m工場
2022-07340.0 m²JPY 8MJPY 23,293 / m²JPY 23.293K / m²12.5 m工場
2022-07230.0 m²JPY 7.3MJPY 33,275 / m²JPY 33.275K / m²13.7 mOffice use
2022-04260.0 m²JPY 6.5MJPY 25,108 / m²JPY 25.108K / m²12 mResidential use
2022-01340.0 m²JPY 7.5MJPY 22,083 / m²JPY 22.083K / m²12.5 mOffice 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.

Horainishimachi-Minami land-price summary

The median published transaction price in Horainishimachi-Minami for 2022–2024 is JPY 28,738 / m²JPY 28.738K / m². A 100 m² plot would therefore be about JPY 2.87M 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 ↗