Land prices / Iwate / Ofunato
2021–2025 published land transactionsMassakicho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Massakicho, Ofunato. It does not limit transactions by the buyer's intended use.
Massakicho location
Massakicho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
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Price distribution (2021–2025)
Estimated land price by plot size (2021–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 393,250 | JPY 257,125 – JPY 529,375 |
| 100.0 m² | 30.3 tsubo | JPY 786,500 | JPY 514,250 – JPY 1.06M |
| 150.0 m² | 45.4 tsubo | JPY 1.18M | JPY 771,375 – JPY 1.59M |
| 200.0 m² | 60.5 tsubo | JPY 1.57M | JPY 1.03M – JPY 2.12M |
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
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 (2021–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-01 | 100.0 m² | JPY 1M | JPY 9,983 / m² | Not disclosed | Other |
| 2023-01 | 330.0 m² | JPY 1M | JPY 3,025 / m² | 10.7 m | |
| 2022-10 | 120.0 m² | JPY 700,000 | JPY 5,748 / m² | 8.8 m | |
| 2021-04 | 240.0 m² | JPY 4.8M | JPY 19,663 / m² | 18.9 m | |
| 2021-04 | 990.0 m² | JPY 4.5M | JPY 4,538 / m² | 22.7 m | |
| 2021-04 | 330.0 m² | JPY 3.6M | JPY 11,193 / m² | Not disclosed | Residential use |
| 2021-01 | 9999.0 m² | JPY 31M | JPY 7,865 / m² | 9999.9 m | |
| 2021-01 | 500.0 m² | JPY 6.7M | JPY 13,310 / m² | 27 m | Other |
| 2021-01 | 450.0 m² | JPY 1.5M | JPY 3,328 / m² | 22 m | |
| 2021-01 | 135.0 m² | JPY 1.3M | JPY 9,378 / m² | 18.2 m | Residential use |
| 2021-01 | 120.0 m² | JPY 790,000 | JPY 6,655 / m² | 2 m | Other |
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.
Massakicho land-price summary
The median published transaction price in Massakicho for 2021–2025 is JPY 7,865 / m². A 100 m² plot would therefore be about JPY 786,500 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.