Land prices / Miyagi / Shiogama

2023–2025 published land transactions

Minaminishikicho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 57,475 / m²JPY 57.475K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 5.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.35M
100 m² building using the 2025 benchmark

Minaminishikicho location

Minaminishikicho 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2023–2025)

Middle 50% price range
JPY 54,450 / m² – JPY 77,138 / m²JPY 54.45K / m² – JPY 77.138K / m²
Average transaction price
JPY 68,567 / m²JPY 68.567K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.87MJPY 2.72M JPY 3.86M
100.0 m²30.3 tsuboJPY 5.75MJPY 5.45M JPY 7.71M
150.0 m²45.4 tsuboJPY 8.62MJPY 8.17M JPY 11.57M
200.0 m²60.5 tsuboJPY 11.5MJPY 10.89M JPY 15.43M

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

No matching residential official land-price observation is available for this neighborhood.

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

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04580.0 m²JPY 30MJPY 51,425 / m²JPY 51.425K / m²Not disclosedResidential use
2023-07180.0 m²JPY 17MJPY 96,800 / m²JPY 96.8K / m²9 mResidential use
2023-07200.0 m²JPY 12MJPY 57,475 / m²JPY 57.475K / m²31 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.

Minaminishikicho land-price summary

The median published transaction price in Minaminishikicho for 2023–2025 is JPY 57,475 / m²JPY 57.475K / m². A 100 m² plot would therefore be about JPY 5.75M 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 ↗