Land prices / Shimane / Masuda
2022–2024 published land transactionsShimohongocho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Shimohongocho, Masuda. It does not limit transactions by the buyer's intended use.
Shimohongocho location
Shimohongocho 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 (2022–2024)
Estimated land price by plot size (2022–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 66.1 m² | 20 tsubo | JPY 1.26M | JPY 680,000 – JPY 1.84M |
| 99.2 m² | 30 tsubo | JPY 1.89M | JPY 1.02M – JPY 2.76M |
| 132.2 m² | 40 tsubo | JPY 2.52M | JPY 1.36M – JPY 3.68M |
| 165.3 m² | 50 tsubo | JPY 3.15M | JPY 1.7M – JPY 4.6M |
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 (2022–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-01 | 600.0 m² | JPY 17M | JPY 27,830 / m² | 42 m | Quasi-industrial zone |
| 2023-10 | 400.0 m² | JPY 11M | JPY 28,435 / m² | 14 m | Quasi-industrial zone |
| 2023-10 | 530.0 m² | JPY 2.5M | JPY 4,840 / m² | Not disclosed | Non-line-delineated city-planning area |
| 2022-10 | 370.0 m² | JPY 7M | JPY 19,058 / m² | 18.5 m | Category I mid/high-rise residential zone |
| 2022-04 | 9999.0 m² | JPY 25M | JPY 10,285 / m² | 20 m | Quasi-industrial 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.
Shimohongocho land-price summary
The median published transaction price in Shimohongocho for 2022–2024 is JPY 19,058 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 1.89M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.