Land prices / Iwate / Hanamaki

2023–2025 published land transactions

Sakuramachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 22,385 / m²JPY 22.385K / m²
Median sample 12Five-year sample 18
Estimated price for 100 m²
JPY 2.24M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.18M
100 m² building using the 2025 benchmark

Sakuramachi location

Sakuramachi 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 (2023–2025)

Middle 50% price range
JPY 10,588 / m² – JPY 24,956 / m²JPY 10.588K / m² – JPY 24.956K / m²
Average transaction price
JPY 19,335 / m²JPY 19.335K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.12MJPY 529,375JPY 529.375K JPY 1.25M
100.0 m²30.3 tsuboJPY 2.24MJPY 1.06M JPY 2.5M
150.0 m²45.4 tsuboJPY 3.36MJPY 1.59M JPY 3.74M
200.0 m²60.5 tsuboJPY 4.48MJPY 2.12M JPY 4.99M

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 (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07240.0 m²JPY 7.3MJPY 29,948 / m²JPY 29.948K / m²12 mResidential use
2025-01230.0 m²JPY 4MJPY 17,243 / m²JPY 17.243K / m²17.5 mResidential use
2024-101600.0 m²JPY 13MJPY 7,865 / m²JPY 7.865K / m²48.6 m
2024-10960.0 m²JPY 7.5MJPY 7,865 / m²JPY 7.865K / m²24 mResidential use
2024-10250.0 m²JPY 6.9MJPY 27,225 / m²JPY 27.225K / m²13 mResidential use
2024-07250.0 m²JPY 7.1MJPY 28,738 / m²JPY 28.738K / m²13.7 mResidential use
2024-07240.0 m²JPY 5.8MJPY 24,200 / m²JPY 24.2K / m²18 mResidential use
2024-0765.0 m²JPY 1.4MJPY 20,873 / m²JPY 20.873K / m²4.5 m
2023-10300.0 m²JPY 7.2MJPY 23,898 / m²JPY 23.898K / m²Not disclosedResidential use
2023-049999.0 m²JPY 25MJPY 8,773 / m²JPY 8.773K / m²9999.9 m
2023-049999.0 m²JPY 22MJPY 11,193 / m²JPY 11.193K / m²36.2 m
2023-04250.0 m²JPY 6.1MJPY 24,200 / m²JPY 24.2K / m²15 mResidential use

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.

Sakuramachi land-price summary

The median published transaction price in Sakuramachi for 2023–2025 is JPY 22,385 / m²JPY 22.385K / m². A 100 m² plot would therefore be about JPY 2.24M 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 ↗