Land prices / Mie / Matsusaka

2023–2025 published land transactions

Hikaricho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 12,856 / m²JPY 12.856K / m²
Median sample 6Five-year sample 8
Estimated price for 100 m²
JPY 1.29M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.55M
100 m² building using the 2025 benchmark

Hikaricho location

Hikaricho 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 (2023–2025)

Middle 50% price range
JPY 3,101 / m² – JPY 29,191 / m²JPY 3.101K / m² – JPY 29.191K / m²
Average transaction price
JPY 16,280 / m²JPY 16.28K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 642,813JPY 642.813KJPY 155,031JPY 155.031K JPY 1.46M
100.0 m²30.3 tsuboJPY 1.29MJPY 310,063JPY 310.063K JPY 2.92M
150.0 m²45.4 tsuboJPY 1.93MJPY 465,094JPY 465.094K JPY 4.38M
200.0 m²60.5 tsuboJPY 2.57MJPY 620,125JPY 620.125K JPY 5.84M

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
2122232425
Year20212022202320242025
Public transactions1
Indicative
1
Indicative
2
Indicative
3
Indicative
1
Indicative
Official observations11111

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: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07260.0 m²JPY 4.4MJPY 16,940 / m²JPY 16.94K / m²7 mQuasi-residential zone
2024-07120.0 m²JPY 140,000JPY 140KJPY 1,180 / m²JPY 1.18K / m²Not disclosedCategory I exclusively low-rise residential zone
2024-04230.0 m²JPY 2MJPY 8,773 / m²JPY 8.773K / m²8 mQuasi-residential zone
2024-01230.0 m²JPY 270,000JPY 270KJPY 1,210 / m²JPY 1.21K / m²9 mQuasi-residential zone
2023-07210.0 m²JPY 7.5MJPY 36,300 / m²JPY 36.3K / m²17.6 mCategory I exclusively low-rise residential zone
2023-01200.0 m²JPY 6.5MJPY 33,275 / m²JPY 33.275K / m²15 mCategory I exclusively low-rise residential zone

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.

Hikaricho land-price summary

The median published transaction price in Hikaricho for 2023–2025 is JPY 12,856 / m²JPY 12.856K / m². A 100 m² plot would therefore be about JPY 1.29M 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 ↗