Land prices / Miyagi / Shiogama
2023–2025 published land transactionsShinhamacho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Shinhamacho, Shiogama. It does not limit transactions by the buyer's intended use.
Shinhamacho location
Shinhamacho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 1.66M | JPY 1.19M – JPY 1.66M |
| 100.0 m² | 30.3 tsubo | JPY 3.33M | JPY 2.37M – JPY 3.33M |
| 150.0 m² | 45.4 tsubo | JPY 4.99M | JPY 3.56M – JPY 4.99M |
| 200.0 m² | 60.5 tsubo | JPY 6.66M | JPY 4.75M – JPY 6.66M |
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
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Public transactions | 1 Indicative | 2 Indicative | 2 Indicative | 3 Indicative | 2 Indicative |
| Official observations | 1 | 1 | 1 | 1 | 1 |
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)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-10 | 660.0 m² | JPY 22M | JPY 33,275 / m²JPY 33.275K / m² | 16 m | Other |
| 2025-10 | 660.0 m² | JPY 22M | JPY 33,275 / m²JPY 33.275K / m² | 15.9 m | Other |
| 2024-10 | 330.0 m² | JPY 11M | JPY 33,275 / m²JPY 33.275K / m² | 18.3 m | Residential use |
| 2024-07 | 370.0 m² | JPY 10M | JPY 27,225 / m²JPY 27.225K / m² | 25 m | Warehouse |
| 2024-04 | 920.0 m² | JPY 10M | JPY 10,890 / m²JPY 10.89K / m² | 26 m | Warehouse |
| 2023-04 | 145.0 m² | JPY 5.4M | JPY 36,300 / m²JPY 36.3K / m² | 8 m | Residential use |
| 2023-01 | 990.0 m² | JPY 20M | JPY 20,268 / m²JPY 20.268K / m² | 32 m | Other |
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.
Shinhamacho land-price summary
The median published transaction price in Shinhamacho for 2023–2025 is JPY 33,275 / m²JPY 33.275K / m². A 100 m² plot would therefore be about JPY 3.33M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.
Station-area land prices near Shinhamacho
Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.
This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.