Land prices / Miyagi / Sendai-Aoba

2023–2025 published land transactions

Odawara land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 184,525 / m²JPY 184.525K / m²
Median sample 9Five-year sample 17
Estimated price for 100 m²
JPY 18.45M
Simple estimate using the displayed median
Estimated land + building budget
JPY 54.06M
100 m² building using the 2025 benchmark

Odawara location

Odawara 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 142,175 / m² – JPY 205,700 / m²JPY 142.175K / m² – JPY 205.7K / m²
Average transaction price
JPY 170,408 / m²JPY 170.408K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 9.23MJPY 7.11M JPY 10.29M
100.0 m²30.3 tsuboJPY 18.45MJPY 14.22M JPY 20.57M
150.0 m²45.4 tsuboJPY 27.68MJPY 21.33M JPY 30.86M
200.0 m²60.5 tsuboJPY 36.91MJPY 28.44M JPY 41.14M

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
4
Indicative
2
Indicative
5
Indicative
2
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
2025-01135.0 m²JPY 28MJPY 205,700 / m²JPY 205.7K / m²13.8 mWarehouse
2025-01110.0 m²JPY 20MJPY 184,525 / m²JPY 184.525K / m²9 mResidential use
2024-10400.0 m²JPY 56MJPY 142,175 / m²JPY 142.175K / m²12 mOther
2024-10260.0 m²JPY 38MJPY 148,225 / m²JPY 148.225K / m²Not disclosedOther
2024-07195.0 m²JPY 38MJPY 196,625 / m²JPY 196.625K / m²7.3 mResidential use
2024-04100.0 m²JPY 6.5MJPY 66,550 / m²JPY 66.55K / m²8 mResidential use
2024-01210.0 m²JPY 45MJPY 211,750 / m²JPY 211.75K / m²19.4 mResidential use
2023-01115.0 m²JPY 29MJPY 248,050 / m²JPY 248.05K / m²9 mOther
2023-01185.0 m²JPY 24MJPY 130,075 / m²JPY 130.075K / m²Not disclosedResidential 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.

Odawara land-price summary

The median published transaction price in Odawara for 2023–2025 is JPY 184,525 / m²JPY 184.525K / m². A 100 m² plot would therefore be about JPY 18.45M 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 ↗