Land prices / Iwate / Hanamaki

2021–2024 published land transactions

Oyachi land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 6,504 / m²JPY 6.504K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 650,375JPY 650.375K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.59M
100 m² building using the 2025 benchmark

Oyachi location

Oyachi 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 (2021–2024)

Middle 50% price range
JPY 5,218 / m² – JPY 7,789 / m²JPY 5.218K / m² – JPY 7.789K / m²
Average transaction price
JPY 6,504 / m²JPY 6.504K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 325,188JPY 325.188KJPY 260,906JPY 260.906K JPY 389,469JPY 389.469K
100.0 m²30.3 tsuboJPY 650,375JPY 650.375KJPY 521,813JPY 521.813K JPY 778,938JPY 778.938K
150.0 m²45.4 tsuboJPY 975,563JPY 975.563KJPY 782,719JPY 782.719K JPY 1.17M
200.0 m²60.5 tsuboJPY 1.3MJPY 1.04M JPY 1.56M

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 (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10790.0 m²JPY 3MJPY 3,933 / m²JPY 3.933K / m²40 m
2021-04550.0 m²JPY 5MJPY 9,075 / m²JPY 9.075K / m²40 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.

Oyachi land-price summary

The median published transaction price in Oyachi for 2021–2024 is JPY 6,504 / m²JPY 6.504K / m². A 100 m² plot would therefore be about JPY 650,375JPY 650.375K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗