Land prices / Miyagi / Ogawara

2022–2024 published land transactions

Shimminami land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 51,425 / m²JPY 51.425K / m²
Median sample 8Five-year sample 9
Estimated price for 100 m²
JPY 5.14M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.75M
100 m² building using the 2025 benchmark

Shimminami location

Shimminami 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 (2022–2024)

Middle 50% price range
JPY 43,106 / m² – JPY 59,744 / m²JPY 43.106K / m² – JPY 59.744K / m²
Average transaction price
JPY 52,938 / m²JPY 52.938K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.57MJPY 2.16M JPY 2.99M
100.0 m²30.3 tsuboJPY 5.14MJPY 4.31M JPY 5.97M
150.0 m²45.4 tsuboJPY 7.71MJPY 6.47M JPY 8.96M
200.0 m²60.5 tsuboJPY 10.29MJPY 8.62M JPY 11.95M

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
21222324
Year2021202220232024
Public transactions1
Indicative
3
Indicative
3
Indicative
2
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-071000.0 m²JPY 32MJPY 30,250 / m²JPY 30.25K / m²Not disclosed
2024-01290.0 m²JPY 22MJPY 75,625 / m²JPY 75.625K / m²18 mResidential use
2023-101600.0 m²JPY 84MJPY 54,450 / m²JPY 54.45K / m²33 mOther
2023-101400.0 m²JPY 77MJPY 54,450 / m²JPY 54.45K / m²40 m
2023-10125.0 m²JPY 10MJPY 78,650 / m²JPY 78.65K / m²9 mResidential use
2022-10280.0 m²JPY 12MJPY 45,375 / m²JPY 45.375K / m²18 mOffice use
2022-01820.0 m²JPY 29MJPY 36,300 / m²JPY 36.3K / m²36.5 m
2022-01185.0 m²JPY 8.8MJPY 48,400 / m²JPY 48.4K / m²9.7 mResidential use

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.

Shimminami land-price summary

The median published transaction price in Shimminami for 2022–2024 is JPY 51,425 / m²JPY 51.425K / m². A 100 m² plot would therefore be about JPY 5.14M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Shimminami

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 ↗