Land prices / Ibaraki / Mito

2025 published land transactions

Horicho land prices and price trends

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

Median transaction price per m² (2025)
JPY 12,705 / m²JPY 12.705K / m²
Median sample 7Five-year sample 49
Estimated price for 100 m²
JPY 1.27M
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.87M
100 m² building using the 2025 benchmark

Horicho location

Horicho 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 (2025)

Middle 50% price range
JPY 4,159 / m² – JPY 14,671 / m²JPY 4.159K / m² – JPY 14.671K / m²
Average transaction price
JPY 13,259 / m²JPY 13.259K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 635,250JPY 635.25KJPY 207,969JPY 207.969K JPY 733,563JPY 733.563K
100.0 m²30.3 tsuboJPY 1.27MJPY 415,938JPY 415.938K JPY 1.47M
150.0 m²45.4 tsuboJPY 1.91MJPY 623,906JPY 623.906K JPY 2.2M
200.0 m²60.5 tsuboJPY 2.54MJPY 831,875JPY 831.875K JPY 2.93M

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
2025-071000.0 m²JPY 3MJPY 2,874 / m²JPY 2.874K / m²31 m
2025-07460.0 m²JPY 46,000JPY 46KJPY 100 / m²6 m
2025-04400.0 m²JPY 5MJPY 12,705 / m²JPY 12.705K / m²14 m
2025-0430.0 m²JPY 480,000JPY 480KJPY 14,823 / m²JPY 14.823K / m²8 mOther
2025-01210.0 m²JPY 8.9MJPY 42,350 / m²JPY 42.35K / m²19 m
2025-01340.0 m²JPY 5MJPY 14,520 / m²JPY 14.52K / m²21 mResidential use
2025-01450.0 m²JPY 2.4MJPY 5,445 / m²JPY 5.445K / m²9.8 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.

Horicho land-price summary

The median published transaction price in Horicho for 2025 is JPY 12,705 / m²JPY 12.705K / m². A 100 m² plot would therefore be about JPY 1.27M 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 ↗