Land prices / Iwate / Kitakami

2023–2024 published land transactions

Otsutsumi-Higashi land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 15,125 / m²JPY 15.125K / m²
Median sample 5Five-year sample 6
Estimated price for 100 m²
JPY 1.51M
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.45M
100 m² building using the 2025 benchmark

Otsutsumi-Higashi location

Otsutsumi-Higashi 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 (2023–2024)

Middle 50% price range
JPY 14,823 / m² – JPY 21,175 / m²JPY 14.823K / m² – JPY 21.175K / m²
Average transaction price
JPY 15,972 / m²JPY 15.972K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 756,250JPY 756.25KJPY 741,125JPY 741.125K JPY 1.06M
100.0 m²30.3 tsuboJPY 1.51MJPY 1.48M JPY 2.12M
150.0 m²45.4 tsuboJPY 2.27MJPY 2.22M JPY 3.18M
200.0 m²60.5 tsuboJPY 3.03MJPY 2.96M JPY 4.24M

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
2024-04460.0 m²JPY 6.9MJPY 14,823 / m²JPY 14.823K / m²19.5 mResidential use
2023-10670.0 m²JPY 14MJPY 21,175 / m²JPY 21.175K / m²17 m
2023-07340.0 m²JPY 8.5MJPY 24,805 / m²JPY 24.805K / m²17 mResidential use
2023-04750.0 m²JPY 3MJPY 3,933 / m²JPY 3.933K / m²19 mResidential use
2023-011000.0 m²JPY 15MJPY 15,125 / m²JPY 15.125K / m²25 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.

Otsutsumi-Higashi land-price summary

The median published transaction price in Otsutsumi-Higashi for 2023–2024 is JPY 15,125 / m²JPY 15.125K / m². A 100 m² plot would therefore be about JPY 1.51M 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 ↗