Land prices / Ibaraki / Mito

2025 published land transactions

Hirasucho land prices and price trends

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

Median transaction price per m² (2025)
JPY 22,385 / m²JPY 22.385K / m²
Median sample 7Five-year sample 36
Estimated price for 100 m²
JPY 2.24M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.84M
100 m² building using the 2025 benchmark

Hirasucho location

Hirasucho 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 (2025)

Middle 50% price range
JPY 13,008 / m² – JPY 26,469 / m²JPY 13.008K / m² – JPY 26.469K / m²
Average transaction price
JPY 19,360 / m²JPY 19.36K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.12MJPY 650,375JPY 650.375K JPY 1.32M
100.0 m²30.3 tsuboJPY 2.24MJPY 1.3M JPY 2.65M
150.0 m²45.4 tsuboJPY 3.36MJPY 1.95M JPY 3.97M
200.0 m²60.5 tsuboJPY 4.48MJPY 2.6M JPY 5.29M

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 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10250.0 m²JPY 7.5MJPY 29,948 / m²JPY 29.948K / m²12 m
2025-10270.0 m²JPY 6.5MJPY 23,898 / m²JPY 23.898K / m²17.9 mResidential use
2025-10420.0 m²JPY 1.8MJPY 4,235 / m²JPY 4.235K / m²5.8 mOther
2025-07360.0 m²JPY 7.8MJPY 21,780 / m²JPY 21.78K / m²12.7 mResidential use
2025-01440.0 m²JPY 9.8MJPY 22,385 / m²JPY 22.385K / m²4 mResidential use
2025-01310.0 m²JPY 9MJPY 29,040 / m²JPY 29.04K / m²3 m
2025-011000.0 m²JPY 4.2MJPY 4,235 / m²JPY 4.235K / m²18.4 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.

Hirasucho land-price summary

The median published transaction price in Hirasucho for 2025 is JPY 22,385 / m²JPY 22.385K / m². A 100 m² plot would therefore be about JPY 2.24M 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 ↗