Land prices / Shimane / Hamada
2023–2025 published land transactionsKokubucho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Kokubucho, Hamada. It does not limit transactions by the buyer's intended use.
Kokubucho location
Kokubucho 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 1.24M | JPY 1.17M – JPY 1.33M |
| 100.0 m² | 30.3 tsubo | JPY 2.48M | JPY 2.34M – JPY 2.65M |
| 150.0 m² | 45.4 tsubo | JPY 3.72M | JPY 3.52M – JPY 3.98M |
| 200.0 m² | 60.5 tsubo | JPY 4.96M | JPY 4.69M – JPY 5.31M |
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 | 2 Indicative | 3 Indicative | 2 Indicative | 1 Indicative | 1 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 |
|---|---|---|---|---|---|
| 2025-07 | 105.0 m² | JPY 2.2M | JPY 21,175 / m²JPY 21.175K / m² | 12 m | Neighborhood commercial zone |
| 2024-10 | 105.0 m² | JPY 2.5M | JPY 24,200 / m²JPY 24.2K / m² | 13 m | Neighborhood commercial zone |
| 2023-10 | 210.0 m² | JPY 5.2M | JPY 25,410 / m²JPY 25.41K / m² | 12.6 m | Category I residential zone |
| 2023-07 | 300.0 m² | JPY 9M | JPY 29,948 / m²JPY 29.948K / m² | 13 m | Category I residential 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.
Kokubucho land-price summary
The median published transaction price in Kokubucho for 2023–2025 is JPY 24,805 / m²JPY 24.805K / m². A 100 m² plot would therefore be about JPY 2.48M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.