Land prices / Shimane / Hamada
2023–2024 published land transactionsShimokocho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Shimokocho, Hamada. It does not limit transactions by the buyer's intended use.
Shimokocho location
Shimokocho 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 | Approx. area | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 20 tsubo | 66 m² | ¥0.7M | ¥0.6M – ¥1.1M |
| 30 tsubo | 99 m² | ¥1.1M | ¥0.9M – ¥1.6M |
| 40 tsubo | 132 m² | ¥1.4M | ¥1.2M – ¥2.2M |
| 50 tsubo | 165 m² | ¥1.8M | ¥1.6M – ¥2.7M |
These are simple land-only estimates calculated from the displayed median and quartile price per tsubo, 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 / tsubo | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-10 | 480.0 m² | ¥4.5M | ¥0M / tsubo | 15 m | Category II mid/high-rise residential zone |
| 2023-10 | 1900.0 m² | ¥19M | ¥0M / tsubo | 28 m | Industrial zone |
| 2023-10 | 160.0 m² | ¥4M | ¥0.1M / tsubo | 18 m | Quasi-industrial zone |
| 2023-07 | 1800.0 m² | ¥12M | ¥0M / tsubo | 25 m | Non-line-delineated city-planning area |
| 2023-07 | 520.0 m² | ¥8.5M | ¥0.1M / tsubo | 9999.9 m | Non-line-delineated city-planning area |
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.
Shimokocho land-price summary
The median published transaction price in Shimokocho for 2023–2024 is ¥0M / tsubo. A 30-tsubo plot would therefore be about ¥1.1M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.