Land prices / Ibaraki / Hitachi

2023–2025 published land transactions

Suwacho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 4,538 / m²JPY 4.538K / m²
Median sample 6Five-year sample 14
Estimated price for 100 m²
JPY 453,750JPY 453.75K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.06M
100 m² building using the 2025 benchmark

Suwacho location

Suwacho 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 (2023–2025)

Middle 50% price range
JPY 2,927 / m² – JPY 17,469 / m²JPY 2.927K / m² – JPY 17.469K / m²
Average transaction price
JPY 14,702 / m²JPY 14.702K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 226,875JPY 226.875KJPY 146,334JPY 146.334K JPY 873,469JPY 873.469K
100.0 m²30.3 tsuboJPY 453,750JPY 453.75KJPY 292,669JPY 292.669K JPY 1.75M
150.0 m²45.4 tsuboJPY 680,625JPY 680.625KJPY 439,003JPY 439.003K JPY 2.62M
200.0 m²60.5 tsuboJPY 907,500JPY 907.5KJPY 585,338JPY 585.338K JPY 3.49M

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
6
Indicative
1
Indicative
4
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
2025-04135.0 m²JPY 610,000JPY 610KJPY 4,538 / m²JPY 4.538K / m²Not disclosed
2024-10290.0 m²JPY 690,000JPY 690KJPY 2,390 / m²JPY 2.39K / m²15 mOffice use
2024-07740.0 m²JPY 16MJPY 21,780 / m²JPY 21.78K / m²19 mOther
2024-04130.0 m²JPY 67,000JPY 67KJPY 514 / m²2.8 m
2024-01130.0 m²JPY 590,000JPY 590KJPY 4,538 / m²JPY 4.538K / m²12 m
2023-04210.0 m²JPY 11MJPY 54,450 / m²JPY 54.45K / m²16.5 mOther

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.

Suwacho land-price summary

The median published transaction price in Suwacho for 2023–2025 is JPY 4,538 / m²JPY 4.538K / m². A 100 m² plot would therefore be about JPY 453,750JPY 453.75K 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 ↗