Land prices / Miyagi / Sendai-Wakabayashi

2023–2025 published land transactions

Minamikoizumi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 158,813 / m²JPY 158.813K / m²
Median sample 10Five-year sample 22
Estimated price for 100 m²
JPY 15.88M
Simple estimate using the displayed median
Estimated land + building budget
JPY 51.49M
100 m² building using the 2025 benchmark

Minamikoizumi location

Minamikoizumi 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 132,344 / m² – JPY 169,400 / m²JPY 132.344K / m² – JPY 169.4K / m²
Average transaction price
JPY 155,485 / m²JPY 155.485K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 7.94MJPY 6.62M JPY 8.47M
100.0 m²30.3 tsuboJPY 15.88MJPY 13.23M JPY 16.94M
150.0 m²45.4 tsuboJPY 23.82MJPY 19.85M JPY 25.41M
200.0 m²60.5 tsuboJPY 31.76MJPY 26.47M JPY 33.88M

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 transactions7
Indicative
5
Indicative
2
Indicative
6
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
2025-07170.0 m²JPY 29MJPY 169,400 / m²JPY 169.4K / m²10.5 mResidential use
2025-0195.0 m²JPY 17MJPY 178,475 / m²JPY 178.475K / m²8.5 mWarehouse
2024-10195.0 m²JPY 27MJPY 139,150 / m²JPY 139.15K / m²12.5 mResidential use
2024-1090.0 m²JPY 15MJPY 169,400 / m²JPY 169.4K / m²11.7 mOther
2024-07280.0 m²JPY 36MJPY 130,075 / m²JPY 130.075K / m²17.5 mResidential use
2024-07140.0 m²JPY 29MJPY 208,725 / m²JPY 208.725K / m²13.2 mResidential use
2024-04155.0 m²JPY 25MJPY 163,350 / m²JPY 163.35K / m²12.7 mOther
2024-01200.0 m²JPY 23MJPY 114,950 / m²JPY 114.95K / m²13 mResidential use
2023-10710.0 m²JPY 92MJPY 127,050 / m²JPY 127.05K / m²23.2 mResidential use
2023-01300.0 m²JPY 46MJPY 154,275 / m²JPY 154.275K / m²13 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.

Minamikoizumi land-price summary

The median published transaction price in Minamikoizumi for 2023–2025 is JPY 158,813 / m²JPY 158.813K / m². A 100 m² plot would therefore be about JPY 15.88M 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 ↗