Land prices / Ibaraki / Mito
2021–2024 published land transactionsNarusawacho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Narusawacho, Mito. It does not limit transactions by the buyer's intended use.
Narusawacho location
Narusawacho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2021–2024)
Estimated land price by plot size (2021–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 104,363JPY 104.363K | JPY 65,794JPY 65.794K – JPY 142,931JPY 142.931K |
| 100.0 m² | 30.3 tsubo | JPY 208,725JPY 208.725K | JPY 131,588JPY 131.588K – JPY 285,863JPY 285.863K |
| 150.0 m² | 45.4 tsubo | JPY 313,088JPY 313.088K | JPY 197,381JPY 197.381K – JPY 428,794JPY 428.794K |
| 200.0 m² | 60.5 tsubo | JPY 417,450JPY 417.45K | JPY 263,175JPY 263.175K – JPY 571,725JPY 571.725K |
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
The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-04 | 1200.0 m² | JPY 4.5M | JPY 3,630 / m²JPY 3.63K / m² | 19 m | |
| 2021-07 | 230.0 m² | JPY 150,000JPY 150K | JPY 545 / m² | 9999.9 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.
Narusawacho land-price summary
The median published transaction price in Narusawacho for 2021–2024 is JPY 2,087 / m²JPY 2.087K / m². A 100 m² plot would therefore be about JPY 208,725JPY 208.725K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.