Land prices / Niigata / Murakami
2023–2024 published land transactionsIwafunekammachi land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Iwafunekammachi, Murakami. It does not limit transactions by the buyer's intended use.
Iwafunekammachi location
Iwafunekammachi 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 (2023–2024)
Estimated land price by plot size (2023–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 302,500JPY 302.5K | JPY 158,208JPY 158.208K – JPY 378,125JPY 378.125K |
| 100.0 m² | 30.3 tsubo | JPY 605,000JPY 605K | JPY 316,415JPY 316.415K – JPY 756,250JPY 756.25K |
| 150.0 m² | 45.4 tsubo | JPY 907,500JPY 907.5K | JPY 474,623JPY 474.623K – JPY 1.13M |
| 200.0 m² | 60.5 tsubo | JPY 1.21M | JPY 632,830JPY 632.83K – JPY 1.51M |
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
The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2023–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-01 | 75.0 m² | JPY 690,000JPY 690K | JPY 9,075 / m²JPY 9.075K / m² | 2 m | Neighborhood commercial zone |
| 2023-04 | 220.0 m² | JPY 1.3M | JPY 6,050 / m²JPY 6.05K / m² | 9 m | Neighborhood commercial zone |
| 2023-01 | 210.0 m² | JPY 60,000JPY 60K | JPY 278 / m² | 9 m | Neighborhood commercial 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.
Iwafunekammachi land-price summary
The median published transaction price in Iwafunekammachi for 2023–2024 is JPY 6,050 / m²JPY 6.05K / m². A 100 m² plot would therefore be about JPY 605,000JPY 605K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.