Land prices / Iwate / Kitakami

2023–2025 published land transactions

Futagocho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 9,680 / m²
Median sample 9Five-year sample 27
Estimated price for 99.2 m² (30 tsubo)
JPY 960,000
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.6M
99.2 m² (30-tsubo) building using the 2025 benchmark

Futagocho location

Futagocho 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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Price distribution (2023–2025)

Middle 50% price range
JPY 6,353 / m² – JPY 14,823 / m²
Average transaction price
JPY 12,796 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 640,000JPY 420,000 JPY 980,000
99.2 m²30 tsuboJPY 960,000JPY 630,000 JPY 1.47M
132.2 m²40 tsuboJPY 1.28MJPY 840,000 JPY 1.96M
165.3 m²50 tsuboJPY 1.6MJPY 1.05M JPY 2.45M

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
2025-04210.0 m²JPY 2MJPY 9,680 / m²Not disclosedOther
2024-10200.0 m²JPY 6.1MJPY 30,250 / m²10.9 mResidential use
2024-04230.0 m²JPY 7MJPY 30,250 / m²15.5 mResidential use
2024-0170.0 m²JPY 1MJPY 14,823 / m²44 mOther
2023-07550.0 m²JPY 4MJPY 7,260 / m²18 mResidential use
2023-079999.0 m²JPY 2.2MJPY 514 / m²9999.9 m
2023-04270.0 m²JPY 3MJPY 11,193 / m²14.8 mResidential use
2023-04230.0 m²JPY 1.5MJPY 6,353 / m²25 mOther
2023-01155.0 m²JPY 750,000JPY 4,840 / m²11 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.

Futagocho land-price summary

The median published transaction price in Futagocho for 2023–2025 is JPY 9,680 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 960,000 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 ↗