Land prices / Iwate / Hanamaki

2023–2024 published land transactions

Asazawa land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 4,538 / m²JPY 4.538K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 453,750JPY 453.75K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.39M
100 m² building using the 2025 benchmark

Asazawa location

Asazawa 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 (2023–2024)

Middle 50% price range
JPY 3,933 / m² – JPY 10,285 / m²JPY 3.933K / m² – JPY 10.285K / m²
Average transaction price
JPY 7,966 / m²JPY 7.966K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 226,875JPY 226.875KJPY 196,625JPY 196.625K JPY 514,250JPY 514.25K
100.0 m²30.3 tsuboJPY 453,750JPY 453.75KJPY 393,250JPY 393.25K JPY 1.03M
150.0 m²45.4 tsuboJPY 680,625JPY 680.625KJPY 589,875JPY 589.875K JPY 1.54M
200.0 m²60.5 tsuboJPY 907,500JPY 907.5KJPY 786,500JPY 786.5K JPY 2.06M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04220.0 m²JPY 700,000JPY 700KJPY 3,328 / m²JPY 3.328K / m²15.5 mResidential use
2023-079999.0 m²JPY 10MJPY 4,538 / m²JPY 4.538K / m²9999.9 m
2023-07130.0 m²JPY 2.1MJPY 16,033 / m²JPY 16.033K / m²12.5 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.

Asazawa land-price summary

The median published transaction price in Asazawa for 2023–2024 is JPY 4,538 / m²JPY 4.538K / m². A 100 m² plot would therefore be about JPY 453,750JPY 453.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Asazawa

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗