Land prices / Wakayama / Tanabe
2021–2024 published land transactionsHongucho-Wataze land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Hongucho-Wataze, Tanabe. It does not limit transactions by the buyer's intended use.
Hongucho-Wataze location
Hongucho-Wataze 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 (2021–2024)
Estimated land price by plot size (2021–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 450,725JPY 450.725K | JPY 117,597JPY 117.597K – JPY 756,250JPY 756.25K |
| 100.0 m² | 30.3 tsubo | JPY 901,450JPY 901.45K | JPY 235,194JPY 235.194K – JPY 1.51M |
| 150.0 m² | 45.4 tsubo | JPY 1.35M | JPY 352,791JPY 352.791K – JPY 2.27M |
| 200.0 m² | 60.5 tsubo | JPY 1.8M | JPY 470,388JPY 470.388K – JPY 3.03M |
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 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-04 | 880.0 m² | JPY 2.6M | JPY 2,904 / m²JPY 2.904K / m² | Not disclosed | Outside a city-planning area |
| 2022-04 | 145.0 m² | JPY 100,000JPY 100K | JPY 696 / m² | 40 m | Outside a city-planning area |
| 2021-07 | 310.0 m² | JPY 4.6M | JPY 15,125 / m²JPY 15.125K / m² | 36 m | Outside a city-planning area |
| 2021-07 | 260.0 m² | JPY 3.9M | JPY 15,125 / m²JPY 15.125K / m² | 17 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.
Hongucho-Wataze land-price summary
The median published transaction price in Hongucho-Wataze for 2021–2024 is JPY 9,015 / m²JPY 9.015K / m². A 100 m² plot would therefore be about JPY 901,450JPY 901.45K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.