Land prices / Iwate / Ofunato

2025 published land transactions

Akasakicho land prices and price trends

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

Median transaction price per m² (2025)
JPY 5,445 / m²JPY 5.445K / m²
Median sample 4Five-year sample 14
Estimated price for 100 m²
JPY 544,500JPY 544.5K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.48M
100 m² building using the 2025 benchmark

Akasakicho location

Akasakicho 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 (2025)

Middle 50% price range
JPY 4,432 / m² – JPY 5,823 / m²JPY 4.432K / m² – JPY 5.823K / m²
Average transaction price
JPY 4,810 / m²JPY 4.81K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 272,250JPY 272.25KJPY 221,581JPY 221.581K JPY 291,156JPY 291.156K
100.0 m²30.3 tsuboJPY 544,500JPY 544.5KJPY 443,163JPY 443.163K JPY 582,313JPY 582.313K
150.0 m²45.4 tsuboJPY 816,750JPY 816.75KJPY 664,744JPY 664.744K JPY 873,469JPY 873.469K
200.0 m²60.5 tsuboJPY 1.09MJPY 886,325JPY 886.325K JPY 1.16M

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 (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10155.0 m²JPY 360,000JPY 360KJPY 2,299 / m²JPY 2.299K / m²1.5 mOther
2025-07880.0 m²JPY 4.5MJPY 5,143 / m²JPY 5.143K / m²20 mResidential use
2025-01510.0 m²JPY 3MJPY 5,748 / m²JPY 5.748K / m²18 mOther
2025-01135.0 m²JPY 800,000JPY 800KJPY 6,050 / m²JPY 6.05K / m²6 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.

Akasakicho land-price summary

The median published transaction price in Akasakicho for 2025 is JPY 5,445 / m²JPY 5.445K / m². A 100 m² plot would therefore be about JPY 544,500JPY 544.5K 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 ↗