Land prices / Iwate / Morioka

2023–2025 published land transactions

Odori land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 302,500 / m²JPY 302.5K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 30.25M
Simple estimate using the displayed median
Estimated land + building budget
JPY 66.19M
100 m² building using the 2025 benchmark

Odori location

Odori 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 225,363 / m² – JPY 317,625 / m²JPY 225.363K / m² – JPY 317.625K / m²
Average transaction price
JPY 261,158 / m²JPY 261.158K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 15.13MJPY 11.27M JPY 15.88M
100.0 m²30.3 tsuboJPY 30.25MJPY 22.54M JPY 31.76M
150.0 m²45.4 tsuboJPY 45.38MJPY 33.8M JPY 47.64M
200.0 m²60.5 tsuboJPY 60.5MJPY 45.07M JPY 63.53M

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 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04175.0 m²JPY 56MJPY 332,750 / m²JPY 332.75K / m²6.5 mRetail use
2024-0195.0 m²JPY 30MJPY 302,500 / m²JPY 302.5K / m²23 mRetail use
2023-07180.0 m²JPY 27MJPY 148,225 / m²JPY 148.225K / m²10 mOther

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.

Odori land-price summary

The median published transaction price in Odori for 2023–2025 is JPY 302,500 / m²JPY 302.5K / m². A 100 m² plot would therefore be about JPY 30.25M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.

Station-area land prices near Odori

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 ↗