Land prices / Mie / Tsu

2023–2024 published land transactions

Hisai-Teramachi land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 54,450 / m²
Median sample 2Five-year sample 2
Estimated price for 99.2 m² (30 tsubo)
JPY 5.4M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.35M
99.2 m² (30-tsubo) building using the 2025 benchmark

Hisai-Teramachi location

Hisai-Teramachi 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 (2023–2024)

Middle 50% price range
JPY 43,863 / m² – JPY 65,038 / m²
Average transaction price
JPY 54,450 / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 3.6MJPY 2.9M JPY 4.3M
99.2 m²30 tsuboJPY 5.4MJPY 4.35M JPY 6.45M
132.2 m²40 tsuboJPY 7.2MJPY 5.8M JPY 8.6M
165.3 m²50 tsuboJPY 9MJPY 7.25M JPY 10.75M

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 2023 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04195.0 m²JPY 15MJPY 75,625 / m²9.6 mCategory I residential zone
2023-0780.0 m²JPY 2.6MJPY 33,275 / m²13 mCategory I 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.

Hisai-Teramachi land-price summary

The median published transaction price in Hisai-Teramachi for 2023–2024 is JPY 54,450 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 5.4M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2024.

Station-area land prices near Hisai-Teramachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗