Land prices / Miyagi / Sendai-Wakabayashi

2023–2025 published land transactions

Kasuminome land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 131,588 / m²JPY 131.588K / m²
Median sample 4Five-year sample 7
Estimated price for 100 m²
JPY 13.16M
Simple estimate using the displayed median
Estimated land + building budget
JPY 48.76M
100 m² building using the 2025 benchmark

Kasuminome location

Kasuminome 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 114,194 / m² – JPY 143,688 / m²JPY 114.194K / m² – JPY 143.688K / m²
Average transaction price
JPY 126,294 / m²JPY 126.294K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 6.58MJPY 5.71M JPY 7.18M
100.0 m²30.3 tsuboJPY 13.16MJPY 11.42M JPY 14.37M
150.0 m²45.4 tsuboJPY 19.74MJPY 17.13M JPY 21.55M
200.0 m²60.5 tsuboJPY 26.32MJPY 22.84M JPY 28.74M

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
21232425
Year2021202320242025
Public transactions3
Indicative
2
Indicative
1
Indicative
1
Indicative
Official observations1111

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
2025-04135.0 m²JPY 19MJPY 136,125 / m²JPY 136.125K / m²8.9 mResidential use
2024-10135.0 m²JPY 10MJPY 75,625 / m²JPY 75.625K / m²8.5 m
2023-04300.0 m²JPY 39MJPY 127,050 / m²JPY 127.05K / m²19 mResidential use
2023-04185.0 m²JPY 31MJPY 166,375 / m²JPY 166.375K / m²14.6 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.

Kasuminome land-price summary

The median published transaction price in Kasuminome for 2023–2025 is JPY 131,588 / m²JPY 131.588K / m². A 100 m² plot would therefore be about JPY 13.16M 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 ↗