Land prices / Ibaraki / Hitachi

2024 published land transactions

Mizukicho land prices and price trends

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

Median transaction price per m² (2024)
JPY 24,200 / m²JPY 24.2K / m²
Median sample 5Five-year sample 15
Estimated price for 100 m²
JPY 2.42M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.02M
100 m² building using the 2025 benchmark

Mizukicho location

Mizukicho 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 (2024)

Middle 50% price range
JPY 1,936 / m² – JPY 26,620 / m²JPY 1.936K / m² – JPY 26.62K / m²
Average transaction price
JPY 19,759 / m²JPY 19.759K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.21MJPY 96,800JPY 96.8K JPY 1.33M
100.0 m²30.3 tsuboJPY 2.42MJPY 193,600JPY 193.6K JPY 2.66M
150.0 m²45.4 tsuboJPY 3.63MJPY 290,400JPY 290.4K JPY 3.99M
200.0 m²60.5 tsuboJPY 4.84MJPY 387,200JPY 387.2K JPY 5.32M

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
212224
Year202120222024
Public transactions3
Indicative
7
Indicative
5
Indicative
Official observations111

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: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10390.0 m²JPY 800,000JPY 800KJPY 1,936 / m²JPY 1.936K / m²24 mResidential use
2024-07660.0 m²JPY 16MJPY 24,200 / m²JPY 24.2K / m²15 mOther
2024-07145.0 m²JPY 100,000JPY 100KJPY 666 / m²12.5 mOther
2024-04165.0 m²JPY 7.7MJPY 45,375 / m²JPY 45.375K / m²10 mResidential use
2024-04210.0 m²JPY 5.5MJPY 26,620 / m²JPY 26.62K / m²9.5 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.

Mizukicho land-price summary

The median published transaction price in Mizukicho for 2024 is JPY 24,200 / m²JPY 24.2K / m². A 100 m² plot would therefore be about JPY 2.42M 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 ↗