Land prices / Miyagi / Sendai-Aoba

2023–2025 published land transactions

Ichibancho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 907,500 / m²JPY 907.5K / m²
Median sample 6Five-year sample 7
Estimated price for 100 m²
JPY 90.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 126.35M
100 m² building using the 2025 benchmark

Ichibancho location

Ichibancho 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 476,438 / m² – JPY 1,361,250 / m²JPY 476.438K / m² – JPY 1,361.25K / m²
Average transaction price
JPY 989,175 / m²JPY 989.175K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 45.38MJPY 23.82M JPY 68.06M
100.0 m²30.3 tsuboJPY 90.75MJPY 47.64M JPY 136.13M
150.0 m²45.4 tsuboJPY 136.13MJPY 71.47M JPY 204.19M
200.0 m²60.5 tsuboJPY 181.5MJPY 95.29M JPY 272.25M

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 (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07240.0 m²JPY 60MJPY 248,050 / m²JPY 248.05K / m²6.3 mResidential use
2024-10400.0 m²JPY 570MJPY 1,421,750 / m²JPY 1,421.75K / m²14.6 mOther
2024-0785.0 m²JPY 35MJPY 423,500 / m²JPY 423.5K / m²10.6 mResidential use
2023-10140.0 m²JPY 86MJPY 635,250 / m²JPY 635.25K / m²16 mOther
2023-04165.0 m²JPY 200MJPY 1,179,750 / m²JPY 1,179.75K / m²6.6 mOffice use
2023-01870.0 m²JPY 1,800MJPY 2,026,750 / m²JPY 2,026.75K / m²24.5 mOffice 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.

Ichibancho land-price summary

The median published transaction price in Ichibancho for 2023–2025 is JPY 907,500 / m²JPY 907.5K / m². A 100 m² plot would therefore be about JPY 90.75M 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 ↗