Land prices / Wakayama / Minabe
2023–2025 published land transactionsNishiiwashiro land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishiiwashiro, Minabe. It does not limit transactions by the buyer's intended use.
Nishiiwashiro location
Nishiiwashiro location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 143,688JPY 143.688K | JPY 79,406JPY 79.406K – JPY 207,969JPY 207.969K |
| 100.0 m² | 30.3 tsubo | JPY 287,375JPY 287.375K | JPY 158,813JPY 158.813K – JPY 415,938JPY 415.938K |
| 150.0 m² | 45.4 tsubo | JPY 431,063JPY 431.063K | JPY 238,219JPY 238.219K – JPY 623,906JPY 623.906K |
| 200.0 m² | 60.5 tsubo | JPY 574,750JPY 574.75K | JPY 317,625JPY 317.625K – JPY 831,875JPY 831.875K |
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
The displayed period change compares transaction medians in 2023 and 2025. Published transactions and official residential land-price observations are separate series.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-04 | 260.0 m² | JPY 1.4M | JPY 5,445 / m²JPY 5.445K / m² | 22 m | Outside a city-planning area |
| 2023-10 | 320.0 m² | JPY 100,000JPY 100K | JPY 303 / m² | 23 m | Outside 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.
Nishiiwashiro land-price summary
The median published transaction price in Nishiiwashiro for 2023–2025 is JPY 2,874 / m²JPY 2.874K / m². A 100 m² plot would therefore be about JPY 287,375JPY 287.375K by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.