Land prices / Shimane / Matsue

2024 published land transactions

Nakaharacho land prices and price trends

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

Median transaction price per m² (2024)
JPY 69,575 / m²JPY 69.575K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 6.96M
Simple estimate using the displayed median
Estimated land + building budget
JPY 49.55M
100 m² building using the 2025 benchmark

Nakaharacho location

Nakaharacho 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)

Middle 50% price range
JPY 65,038 / m² – JPY 71,088 / m²JPY 65.038K / m² – JPY 71.088K / m²
Average transaction price
JPY 67,558 / m²JPY 67.558K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.48MJPY 3.25M JPY 3.55M
100.0 m²30.3 tsuboJPY 6.96MJPY 6.5M JPY 7.11M
150.0 m²45.4 tsuboJPY 10.44MJPY 9.76M JPY 10.66M
200.0 m²60.5 tsuboJPY 13.92MJPY 13.01M JPY 14.22M

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

No matching residential official land-price observation is available for this neighborhood.

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 (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-1060.0 m²JPY 3.6MJPY 60,500 / m²JPY 60.5K / m²4 mCommercial zone
2024-01195.0 m²JPY 14MJPY 69,575 / m²JPY 69.575K / m²4.7 mCategory I residential zone
2024-01160.0 m²JPY 12MJPY 72,600 / m²JPY 72.6K / m²5.5 mCategory 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.

Nakaharacho land-price summary

The median published transaction price in Nakaharacho for 2024 is JPY 69,575 / m²JPY 69.575K / m². A 100 m² plot would therefore be about JPY 6.96M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Nakaharacho

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 ↗