Land prices / Iwate / Morioka

2022–2024 published land transactions

Babacho land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 93,775 / m²
Median sample 4Five-year sample 4
Estimated price for 99.2 m² (30 tsubo)
JPY 9.3M
Simple estimate using the displayed median
Estimated land + building budget
JPY 44.94M
99.2 m² (30-tsubo) building using the 2025 benchmark

Babacho location

Babacho 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 (2022–2024)

Middle 50% price range
JPY 82,431 / m² – JPY 107,388 / m²
Average transaction price
JPY 96,044 / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 6.2MJPY 5.45M JPY 7.1M
99.2 m²30 tsuboJPY 9.3MJPY 8.18M JPY 10.65M
132.2 m²40 tsuboJPY 12.4MJPY 10.9M JPY 14.2M
165.3 m²50 tsuboJPY 15.5MJPY 13.63M JPY 17.75M

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 2022 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04250.0 m²JPY 26MJPY 99,825 / m²14 mResidential use
2024-0170.0 m²JPY 4.7MJPY 66,550 / m²1.5 mOther
2022-07610.0 m²JPY 54MJPY 87,725 / m²19 mOther
2022-07165.0 m²JPY 22MJPY 130,075 / m²10.3 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.

Babacho land-price summary

The median published transaction price in Babacho for 2022–2024 is JPY 93,775 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 9.3M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2024.

Station-area land prices near Babacho

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 ↗