Land prices / Miyagi / Sendai-Wakabayashi

2025 published land transactions

Bunkamachi land prices and price trends

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

Median transaction price per m² (2025)
JPY 196,625 / m²JPY 196.625K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 19.66M
Simple estimate using the displayed median
Estimated land + building budget
JPY 55.27M
100 m² building using the 2025 benchmark

Bunkamachi location

Bunkamachi 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 (2025)

Middle 50% price range
JPY 158,813 / m² – JPY 198,138 / m²JPY 158.813K / m² – JPY 198.138K / m²
Average transaction price
JPY 172,425 / m²JPY 172.425K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 9.83MJPY 7.94M JPY 9.91M
100.0 m²30.3 tsuboJPY 19.66MJPY 15.88M JPY 19.81M
150.0 m²45.4 tsuboJPY 29.49MJPY 23.82M JPY 29.72M
200.0 m²60.5 tsuboJPY 39.33MJPY 31.76M JPY 39.63M

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
2325
Year20232025
Public transactions1
Indicative
3
Indicative
Official observations11

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

The displayed period change compares transaction medians in 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10170.0 m²JPY 33MJPY 196,625 / m²JPY 196.625K / m²Not disclosedResidential use
2025-10165.0 m²JPY 33MJPY 199,650 / m²JPY 199.65K / m²Not disclosedResidential use
2025-07480.0 m²JPY 58MJPY 121,000 / m²JPY 121K / m²30 m

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.

Bunkamachi land-price summary

The median published transaction price in Bunkamachi for 2025 is JPY 196,625 / m²JPY 196.625K / m². A 100 m² plot would therefore be about JPY 19.66M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 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 ↗