Land prices / Miyagi / Shiogama

2023–2025 published land transactions

Shintomicho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 86,213 / m²
Median sample 4Five-year sample 13
Estimated price for 99.2 m² (30 tsubo)
JPY 8.55M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.86M
99.2 m² (30-tsubo) building using the 2025 benchmark

Shintomicho location

Shintomicho 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 79,406 / m² – JPY 89,994 / m²
Average transaction price
JPY 83,188 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 5.7MJPY 5.25M JPY 5.95M
99.2 m²30 tsuboJPY 8.55MJPY 7.88M JPY 8.93M
132.2 m²40 tsuboJPY 11.4MJPY 10.5M JPY 11.9M
165.3 m²50 tsuboJPY 14.25MJPY 13.13M JPY 14.88M

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

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10165.0 m²JPY 16MJPY 96,800 / m²9.5 mRetail use
2024-07150.0 m²JPY 13MJPY 87,725 / m²9 mResidential use
2024-04185.0 m²JPY 16MJPY 84,700 / m²12 mResidential use
2023-01340.0 m²JPY 21MJPY 63,525 / m²36 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.

Shintomicho land-price summary

The median published transaction price in Shintomicho for 2023–2025 is JPY 86,213 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 8.55M 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 ↗