Land prices / Ibaraki / Mito

2024–2025 published land transactions

Iitomicho land prices and price trends

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

Median transaction price per m² (2024–2025)
JPY 787 / m²
Median sample 3Five-year sample 5
Estimated price for 100 m²
JPY 78,650JPY 78.65K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.68M
100 m² building using the 2025 benchmark

Iitomicho location

Iitomicho 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 (2024–2025)

Middle 50% price range
JPY 467 / m² – JPY 2,511 / m²JPY 467 / m² – JPY 2.511K / m²
Average transaction price
JPY 1,723 / m²JPY 1.723K / m²

Estimated land price by plot size (2024–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 39,325JPY 39.325KJPY 23,368JPY 23.368K JPY 125,538JPY 125.538K
100.0 m²30.3 tsuboJPY 78,650JPY 78.65KJPY 46,736JPY 46.736K JPY 251,075JPY 251.075K
150.0 m²45.4 tsuboJPY 117,975JPY 117.975KJPY 70,104JPY 70.104K JPY 376,613JPY 376.613K
200.0 m²60.5 tsuboJPY 157,300JPY 157.3KJPY 93,473JPY 93.473K JPY 502,150JPY 502.15K

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 (2024–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-079999.0 m²JPY 300,000JPY 300KJPY 148 / m²20 m
2024-04280.0 m²JPY 1.2MJPY 4,235 / m²JPY 4.235K / m²15.2 m
2024-01380.0 m²JPY 300,000JPY 300KJPY 787 / m²11.5 m

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.

Iitomicho land-price summary

The median published transaction price in Iitomicho for 2024–2025 is JPY 787 / m². A 100 m² plot would therefore be about JPY 78,650JPY 78.65K 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 ↗