Land prices / Iwate / Ofunato
2023–2025 published land transactionsOfunatocho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Ofunatocho, Ofunato. It does not limit transactions by the buyer's intended use.
Ofunatocho location
Ofunatocho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 847,000JPY 847K | JPY 605,000JPY 605K – JPY 1.16M |
| 100.0 m² | 30.3 tsubo | JPY 1.69M | JPY 1.21M – JPY 2.33M |
| 150.0 m² | 45.4 tsubo | JPY 2.54M | JPY 1.82M – JPY 3.49M |
| 200.0 m² | 60.5 tsubo | JPY 3.39M | JPY 2.42M – JPY 4.66M |
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
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Public transactions | 10 | 3 Indicative | 9 Indicative | 6 Indicative | 2 Indicative |
| Official observations | 2 | 2 | 2 | 2 | 2 |
Medians and changes can move sharply in years with few transactions.
The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 2.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-01 | 490.0 m² | JPY 3.5M | JPY 7,260 / m²JPY 7.26K / m² | 17.7 m | Residential use |
| 2025-01 | 105.0 m² | JPY 2.2M | JPY 20,873 / m²JPY 20.873K / m² | 10.6 m | |
| 2024-10 | 260.0 m² | JPY 3.5M | JPY 13,310 / m²JPY 13.31K / m² | 15.5 m | Other |
| 2024-10 | 105.0 m² | JPY 3.2M | JPY 30,250 / m²JPY 30.25K / m² | 7.2 m | |
| 2024-07 | 350.0 m² | JPY 8.5M | JPY 24,503 / m²JPY 24.503K / m² | 16 m | Residential use |
| 2024-07 | 270.0 m² | JPY 4M | JPY 14,520 / m²JPY 14.52K / m² | 15.7 m | Other |
| 2024-04 | 150.0 m² | JPY 2.5M | JPY 16,940 / m²JPY 16.94K / m² | 12 m | Retail use |
| 2024-01 | 165.0 m² | JPY 3.5M | JPY 20,873 / m²JPY 20.873K / m² | 8 m | Other |
| 2023-10 | 360.0 m² | JPY 5M | JPY 13,915 / m²JPY 13.915K / m² | 24 m | Other |
| 2023-10 | 95.0 m² | JPY 2M | JPY 21,478 / m²JPY 21.478K / m² | 7.6 m | Other |
| 2023-10 | 130.0 m² | JPY 1.6M | JPY 12,100 / m²JPY 12.1K / m² | 8 m | Other |
| 2023-07 | 270.0 m² | JPY 8M | JPY 29,645 / m²JPY 29.645K / m² | 9.5 m | Residential use |
| 2023-07 | 330.0 m² | JPY 3.4M | JPY 10,285 / m²JPY 10.285K / m² | Not disclosed | |
| 2023-04 | 9999.0 m² | JPY 45M | JPY 9,075 / m²JPY 9.075K / m² | 9999.9 m | Office use |
| 2023-04 | 410.0 m² | JPY 11M | JPY 26,923 / m²JPY 26.923K / m² | 21 m | |
| 2023-01 | 410.0 m² | JPY 9.5M | JPY 23,293 / m²JPY 23.293K / m² | Not disclosed | Residential use |
| 2023-01 | 520.0 m² | JPY 5.5M | JPY 10,588 / m²JPY 10.588K / m² | Not disclosed | 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.
Ofunatocho land-price summary
The median published transaction price in Ofunatocho for 2023–2025 is JPY 16,940 / m²JPY 16.94K / m². A 100 m² plot would therefore be about JPY 1.69M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.