Land prices / Shimane / Matsue

2024–2025 published land transactions

Horomachi land prices and price trends

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

Median transaction price per m² (2024–2025)
JPY 114,950 / m²JPY 114.95K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 11.5M
Simple estimate using the displayed median
Estimated land + building budget
JPY 54.09M
100 m² building using the 2025 benchmark

Horomachi location

Horomachi 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2024–2025)

Middle 50% price range
JPY 104,363 / m² – JPY 125,538 / m²JPY 104.363K / m² – JPY 125.538K / m²
Average transaction price
JPY 114,950 / m²JPY 114.95K / m²

Estimated land price by plot size (2024–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 5.75MJPY 5.22M JPY 6.28M
100.0 m²30.3 tsuboJPY 11.5MJPY 10.44M JPY 12.55M
150.0 m²45.4 tsuboJPY 17.24MJPY 15.65M JPY 18.83M
200.0 m²60.5 tsuboJPY 22.99MJPY 20.87M JPY 25.11M

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
2425
Year20242025
Public transactions1
Indicative
1
Indicative
Official observations11

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2024 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-101500.0 m²JPY 200MJPY 136,125 / m²JPY 136.125K / m²33 mCommercial zone
2024-1085.0 m²JPY 7.8MJPY 93,775 / m²JPY 93.775K / m²3 mNeighborhood 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.

Horomachi land-price summary

The median published transaction price in Horomachi for 2024–2025 is JPY 114,950 / m²JPY 114.95K / m². A 100 m² plot would therefore be about JPY 11.5M by simple multiplication. The period-change figure compares yearly transaction medians in 2024 and 2025.

Station-area land prices near Horomachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗