Land prices / Ibaraki / Hitachiota

2023–2025 published land transactions

Omoricho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 2,798 / m²JPY 2.798K / m²
Median sample 4Five-year sample 6
Estimated price for 100 m²
JPY 279,813JPY 279.813K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.88M
100 m² building using the 2025 benchmark

Omoricho location

Omoricho 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 424 / m² – JPY 5,143 / m²JPY 424 / m² – JPY 5.143K / m²
Average transaction price
JPY 2,768 / m²JPY 2.768K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 139,906JPY 139.906KJPY 21,175JPY 21.175K JPY 257,125JPY 257.125K
100.0 m²30.3 tsuboJPY 279,813JPY 279.813KJPY 42,350JPY 42.35K JPY 514,250JPY 514.25K
150.0 m²45.4 tsuboJPY 419,719JPY 419.719KJPY 63,525JPY 63.525K JPY 771,375JPY 771.375K
200.0 m²60.5 tsuboJPY 559,625JPY 559.625KJPY 84,700JPY 84.7K JPY 1.03M

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
21232425
Year2021202320242025
Public transactions2
Indicative
1
Indicative
2
Indicative
1
Indicative
Official observations1111

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
2025-10290.0 m²JPY 100,000JPY 100KJPY 333 / m²Not disclosedOther
2024-10760.0 m²JPY 3.9MJPY 5,143 / m²JPY 5.143K / m²9999.9 m
2024-10100.0 m²JPY 510,000JPY 510KJPY 5,143 / m²JPY 5.143K / m²16 mOther
2023-011800.0 m²JPY 830,000JPY 830KJPY 454 / m²Not disclosed

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.

Omoricho land-price summary

The median published transaction price in Omoricho for 2023–2025 is JPY 2,798 / m²JPY 2.798K / m². A 100 m² plot would therefore be about JPY 279,813JPY 279.813K 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 ↗