Land prices / Miyagi / Sendai-Aoba

2023–2025 published land transactions

Ochiai land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 86,213 / m²JPY 86.213K / m²
Median sample 8Five-year sample 20
Estimated price for 100 m²
JPY 8.62M
Simple estimate using the displayed median
Estimated land + building budget
JPY 44.23M
100 m² building using the 2025 benchmark

Ochiai location

Ochiai 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 76,381 / m² – JPY 100,581 / m²JPY 76.381K / m² – JPY 100.581K / m²
Average transaction price
JPY 89,616 / m²JPY 89.616K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 4.31MJPY 3.82M JPY 5.03M
100.0 m²30.3 tsuboJPY 8.62MJPY 7.64M JPY 10.06M
150.0 m²45.4 tsuboJPY 12.93MJPY 11.46M JPY 15.09M
200.0 m²60.5 tsuboJPY 17.24MJPY 15.28M JPY 20.12M

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 transactions4
Indicative
8
Indicative
2
Indicative
5
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
2025-07480.0 m²JPY 22MJPY 45,375 / m²JPY 45.375K / m²24 mRetail use
2024-10320.0 m²JPY 19MJPY 60,500 / m²JPY 60.5K / m²14.7 mResidential use
2024-079999.0 m²JPY 390MJPY 130,075 / m²JPY 130.075K / m²9999.9 m
2024-07150.0 m²JPY 12MJPY 81,675 / m²JPY 81.675K / m²3.8 mResidential use
2024-01740.0 m²JPY 100MJPY 136,125 / m²JPY 136.125K / m²23 mRetail use
2024-01290.0 m²JPY 26MJPY 87,725 / m²JPY 87.725K / m²15 mOther
2023-07200.0 m²JPY 17MJPY 84,700 / m²JPY 84.7K / m²9.7 mResidential use
2023-01210.0 m²JPY 19MJPY 90,750 / m²JPY 90.75K / m²14.2 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.

Ochiai land-price summary

The median published transaction price in Ochiai for 2023–2025 is JPY 86,213 / m²JPY 86.213K / m². A 100 m² plot would therefore be about JPY 8.62M 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 ↗