Land prices / Ibaraki / Hitachi

2023–2025 published land transactions

Minamikoyacho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 29,343 / m²
Median sample 7Five-year sample 10
Estimated price for 99.2 m² (30 tsubo)
JPY 2.91M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.21M
99.2 m² (30-tsubo) building using the 2025 benchmark

Minamikoyacho location

Minamikoyacho 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 (2023–2025)

Middle 50% price range
JPY 26,620 / m² – JPY 43,863 / m²
Average transaction price
JPY 32,152 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 1.94MJPY 1.76M JPY 2.9M
99.2 m²30 tsuboJPY 2.91MJPY 2.64M JPY 4.35M
132.2 m²40 tsuboJPY 3.88MJPY 3.52M JPY 5.8M
165.3 m²50 tsuboJPY 4.85MJPY 4.4M JPY 7.25M

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
2122232425
Year20212022202320242025
Public transactions2
Indicative
1
Indicative
3
Indicative
3
Indicative
1
Indicative
Official observations11111

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10220.0 m²JPY 11MJPY 51,425 / m²11 mResidential use
2024-071200.0 m²JPY 4MJPY 3,328 / m²9999.9 mOther
2024-04340.0 m²JPY 8.9MJPY 26,015 / m²14 mResidential use
2024-04185.0 m²JPY 7.3MJPY 39,325 / m²14.5 mResidential use
2023-07680.0 m²JPY 33MJPY 48,400 / m²18.1 mResidential use
2023-07260.0 m²JPY 7.7MJPY 29,343 / m²18 mResidential use
2023-07250.0 m²JPY 6.8MJPY 27,225 / m²17 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.

Minamikoyacho land-price summary

The median published transaction price in Minamikoyacho for 2023–2025 is JPY 29,343 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 2.91M 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 ↗