Land prices / Wakayama / Gobo

2023–2025 published land transactions

Sono land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 14,823 / m²
Median sample 8Five-year sample 14
Estimated price for 100 m²
JPY 1.48M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.75M
100 m² building using the 2025 benchmark

Sono location

Sono 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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Price distribution (2023–2025)

Middle 50% price range
JPY 13,839 / m² – JPY 16,335 / m²
Average transaction price
JPY 15,087 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 741,125JPY 691,969 JPY 816,750
100.0 m²30.3 tsuboJPY 1.48MJPY 1.38M JPY 1.63M
150.0 m²45.4 tsuboJPY 2.22MJPY 2.08M JPY 2.45M
200.0 m²60.5 tsuboJPY 2.96MJPY 2.77M JPY 3.27M

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 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-0765.0 m²JPY 1MJPY 15,125 / m²7 mQuasi-industrial zone
2025-0160.0 m²JPY 1MJPY 16,033 / m²5 mCategory I residential zone
2024-10420.0 m²JPY 4.9MJPY 11,798 / m²12 mCategory I residential zone
2024-07470.0 m²JPY 8.7MJPY 18,453 / m²13 mNeighborhood commercial zone
2024-049999.0 m²JPY 34MJPY 13,613 / m²32 mCategory I residential zone
2023-10185.0 m²JPY 2.5MJPY 13,915 / m²17 mCategory I residential zone
2023-07105.0 m²JPY 1.8MJPY 17,243 / m²5.5 mCategory I residential zone
2023-04135.0 m²JPY 2MJPY 14,520 / m²7.7 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.

Sono land-price summary

The median published transaction price in Sono for 2023–2025 is JPY 14,823 / m². A 100 m² plot would therefore be about JPY 1.48M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

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 ↗