Land prices / Miyagi / Kesennuma

2021–2025 published land transactions

Shinhamacho land prices and price trends

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

Median transaction price per m² (2021–2025)
JPY 27,528 / m²JPY 27.528K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 2.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.36M
100 m² building using the 2025 benchmark

Shinhamacho location

Shinhamacho 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 (2021–2025)

Middle 50% price range
JPY 24,956 / m² – JPY 28,889 / m²JPY 24.956K / m² – JPY 28.889K / m²
Average transaction price
JPY 26,721 / m²JPY 26.721K / m²

Estimated land price by plot size (2021–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.38MJPY 1.25M JPY 1.44M
100.0 m²30.3 tsuboJPY 2.75MJPY 2.5M JPY 2.89M
150.0 m²45.4 tsuboJPY 4.13MJPY 3.74M JPY 4.33M
200.0 m²60.5 tsuboJPY 5.51MJPY 4.99M JPY 5.78M

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 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04620.0 m²JPY 14MJPY 22,385 / m²JPY 22.385K / m²18.5 m
2023-04260.0 m²JPY 7.8MJPY 30,250 / m²JPY 30.25K / m²19 mRetail use
2021-04160.0 m²JPY 4.4MJPY 27,528 / m²JPY 27.528K / m²9.8 mOther

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.

Shinhamacho land-price summary

The median published transaction price in Shinhamacho for 2021–2025 is JPY 27,528 / m²JPY 27.528K / m². A 100 m² plot would therefore be about JPY 2.75M 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 ↗