Land prices / Niigata / Mitsuke

2025 published land transactions

Honcho land prices and price trends

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

Median transaction price per m² (2025)
JPY 29,040 / m²JPY 29.04K / m²
Median sample 5Five-year sample 16
Estimated price for 100 m²
JPY 2.9M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.51M
100 m² building using the 2025 benchmark

Honcho location

Honcho 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 (2025)

Middle 50% price range
JPY 5,445 / m² – JPY 33,275 / m²JPY 5.445K / m² – JPY 33.275K / m²
Average transaction price
JPY 21,284 / m²JPY 21.284K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.45MJPY 272,250JPY 272.25K JPY 1.66M
100.0 m²30.3 tsuboJPY 2.9MJPY 544,500JPY 544.5K JPY 3.33M
150.0 m²45.4 tsuboJPY 4.36MJPY 816,750JPY 816.75K JPY 4.99M
200.0 m²60.5 tsuboJPY 5.81MJPY 1.09M 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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions1
Indicative
2
Indicative
3
Indicative
5
Indicative
5
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 (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07640.0 m²JPY 18MJPY 29,040 / m²JPY 29.04K / m²18.5 mQuasi-industrial zone
2025-07105.0 m²JPY 250,000JPY 250KJPY 2,360 / m²JPY 2.36K / m²Not disclosedCategory I residential zone
2025-04710.0 m²JPY 25MJPY 33,275 / m²JPY 33.275K / m²42 mCommercial zone
2025-04180.0 m²JPY 6.5MJPY 36,300 / m²JPY 36.3K / m²11.5 mCommercial zone
2025-04390.0 m²JPY 2.1MJPY 5,445 / m²JPY 5.445K / m²25.5 mCommercial zone

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.

Honcho land-price summary

The median published transaction price in Honcho for 2025 is JPY 29,040 / m²JPY 29.04K / m². A 100 m² plot would therefore be about JPY 2.9M 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 ↗