Land prices / Mie / Iga

2021–2023 published land transactions

Shimotsuge land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 3,766 / m²
Median sample 2Five-year sample 2
Estimated price for 99.2 m² (30 tsubo)
JPY 373,500
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.32M
99.2 m² (30-tsubo) building using the 2025 benchmark

Shimotsuge location

Shimotsuge 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 (2021–2023)

Middle 50% price range
JPY 2,170 / m² – JPY 5,362 / m²
Average transaction price
JPY 3,766 / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 249,000JPY 143,500 JPY 354,500
99.2 m²30 tsuboJPY 373,500JPY 215,250 JPY 531,750
132.2 m²40 tsuboJPY 498,000JPY 287,000 JPY 709,000
165.3 m²50 tsuboJPY 622,500JPY 358,750 JPY 886,250

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

Transaction medianOfficial land price
2123
Year20212023
Public transactions1
Indicative
1
Indicative
Official observations11

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10530.0 m²JPY 300,000JPY 575 / m²17 mNon-line-delineated city-planning area
2021-041400.0 m²JPY 10MJPY 6,958 / m²31.3 mNon-line-delineated city-planning area

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.

Shimotsuge land-price summary

The median published transaction price in Shimotsuge for 2021–2023 is JPY 3,766 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 373,500 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

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 ↗