Land prices / Tochigi / Shimotsuke

2025 published land transactions

Shiba land prices and price trends

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

Median transaction price per m² (2025)
JPY 29,948 / m²JPY 29.948K / m²
Median sample 5Five-year sample 31
Estimated price for 100 m²
JPY 2.99M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.93M
100 m² building using the 2025 benchmark

Shiba location

Shiba 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 (2025)

Middle 50% price range
JPY 5,143 / m² – JPY 54,450 / m²JPY 5.143K / m² – JPY 54.45K / m²
Average transaction price
JPY 32,531 / m²JPY 32.531K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.5MJPY 257,125JPY 257.125K JPY 2.72M
100.0 m²30.3 tsuboJPY 2.99MJPY 514,250JPY 514.25K JPY 5.45M
150.0 m²45.4 tsuboJPY 4.49MJPY 771,375JPY 771.375K JPY 8.17M
200.0 m²60.5 tsuboJPY 5.99MJPY 1.03M JPY 10.89M

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
2122232425
Year20212022202320242025
Public transactions6
Indicative
3
Indicative
4
Indicative
135
Indicative
Official observations11111

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10240.0 m²JPY 13MJPY 54,450 / m²JPY 54.45K / m²14 mResidential use
2025-041900.0 m²JPY 58MJPY 29,948 / m²JPY 29.948K / m²37 m
2025-041900.0 m²JPY 10MJPY 5,143 / m²JPY 5.143K / m²38 m
2025-04600.0 m²JPY 300,000JPY 300KJPY 514 / m²42 m
2025-01220.0 m²JPY 16MJPY 72,600 / m²JPY 72.6K / m²16.5 m

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.

Shiba land-price summary

The median published transaction price in Shiba for 2025 is JPY 29,948 / m²JPY 29.948K / m². A 100 m² plot would therefore be about JPY 2.99M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Shiba

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 ↗