Land prices / Shimane / Matsue

2022–2024 published land transactions

Nogifukutomicho land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 28,133 / m²JPY 28.133K / m²
Median sample 11Five-year sample 11
Estimated price for 100 m²
JPY 2.81M
Simple estimate using the displayed median
Estimated land + building budget
JPY 45.41M
100 m² building using the 2025 benchmark

Nogifukutomicho location

Nogifukutomicho 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 (2022–2024)

Middle 50% price range
JPY 22,839 / m² – JPY 55,963 / m²JPY 22.839K / m² – JPY 55.963K / m²
Average transaction price
JPY 40,893 / m²JPY 40.893K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.41MJPY 1.14M JPY 2.8M
100.0 m²30.3 tsuboJPY 2.81MJPY 2.28M JPY 5.6M
150.0 m²45.4 tsuboJPY 4.22MJPY 3.43M JPY 8.39M
200.0 m²60.5 tsuboJPY 5.63MJPY 4.57M JPY 11.19M

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 2022 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04145.0 m²JPY 14MJPY 96,800 / m²JPY 96.8K / m²11 mCategory I exclusively low-rise residential zone
2024-04195.0 m²JPY 8.9MJPY 45,375 / m²JPY 45.375K / m²13 mCategory I residential zone
2023-10270.0 m²JPY 18MJPY 66,550 / m²JPY 66.55K / m²16.1 mCategory I residential zone
2023-10175.0 m²JPY 12MJPY 69,575 / m²JPY 69.575K / m²11 mCategory I exclusively low-rise residential zone
2023-01120.0 m²JPY 4.6MJPY 39,325 / m²JPY 39.325K / m²26 mCategory I exclusively low-rise residential zone
2022-04250.0 m²JPY 3.2MJPY 12,705 / m²JPY 12.705K / m²9999.9 mCategory II residential zone
2022-01320.0 m²JPY 9.1MJPY 28,133 / m²JPY 28.133K / m²29 mCategory I residential zone
2022-01310.0 m²JPY 8.8MJPY 28,133 / m²JPY 28.133K / m²19 mCategory I residential zone
2022-01240.0 m²JPY 6.7MJPY 28,133 / m²JPY 28.133K / m²23 mCategory I residential zone
2022-01175.0 m²JPY 3MJPY 17,545 / m²JPY 17.545K / m²6 mCategory I residential zone
2022-01130.0 m²JPY 2.3MJPY 17,545 / m²JPY 17.545K / m²Not disclosedCategory 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.

Nogifukutomicho land-price summary

The median published transaction price in Nogifukutomicho for 2022–2024 is JPY 28,133 / m²JPY 28.133K / m². A 100 m² plot would therefore be about JPY 2.81M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2024.

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 ↗