Land prices / Wakayama / Kitayama

2021–2024 published land transactions

Shimoi land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 4,538 / m²JPY 4.538K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 453,750JPY 453.75K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.72M
100 m² building using the 2025 benchmark

Shimoi location

Shimoi 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 (2021–2024)

Middle 50% price range
JPY 2,995 / m² – JPY 6,050 / m²JPY 2.995K / m² – JPY 6.05K / m²
Average transaction price
JPY 4,517 / m²JPY 4.517K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 226,875JPY 226.875KJPY 149,738JPY 149.738K JPY 302,500JPY 302.5K
100.0 m²30.3 tsuboJPY 453,750JPY 453.75KJPY 299,475JPY 299.475K JPY 605,000JPY 605K
150.0 m²45.4 tsuboJPY 680,625JPY 680.625KJPY 449,213JPY 449.213K JPY 907,500JPY 907.5K
200.0 m²60.5 tsuboJPY 907,500JPY 907.5KJPY 598,950JPY 598.95K JPY 1.21M

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 (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04130.0 m²JPY 600,000JPY 600KJPY 4,538 / m²JPY 4.538K / m²8.2 mOutside a city-planning area
2023-019999.0 m²JPY 3MJPY 1,452 / m²JPY 1.452K / m²29 mOutside a city-planning area
2021-10840.0 m²JPY 6.3MJPY 7,563 / m²JPY 7.563K / m²40 mOutside a city-planning area

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.

Shimoi land-price summary

The median published transaction price in Shimoi for 2021–2024 is JPY 4,538 / m²JPY 4.538K / m². A 100 m² plot would therefore be about JPY 453,750JPY 453.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗