Land prices / Wakayama / Tanabe

2024–2025 published land transactions

Mera land prices and price trends

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

Median transaction price per m² (2024–2025)
JPY 6,050 / m²JPY 6.05K / m²
Median sample 5Five-year sample 6
Estimated price for 100 m²
JPY 605,000JPY 605K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.87M
100 m² building using the 2025 benchmark

Mera location

Mera 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 (2024–2025)

Middle 50% price range
JPY 2,904 / m² – JPY 9,075 / m²JPY 2.904K / m² – JPY 9.075K / m²
Average transaction price
JPY 11,598 / m²JPY 11.598K / m²

Estimated land price by plot size (2024–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 302,500JPY 302.5KJPY 145,200JPY 145.2K JPY 453,750JPY 453.75K
100.0 m²30.3 tsuboJPY 605,000JPY 605KJPY 290,400JPY 290.4K JPY 907,500JPY 907.5K
150.0 m²45.4 tsuboJPY 907,500JPY 907.5KJPY 435,600JPY 435.6K JPY 1.36M
200.0 m²60.5 tsuboJPY 1.21MJPY 580,800JPY 580.8K JPY 1.82M

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 (2024–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10175.0 m²JPY 500,000JPY 500KJPY 2,904 / m²JPY 2.904K / m²9.5 mCategory I residential zone
2025-01160.0 m²JPY 100,000JPY 100KJPY 635 / m²13 mCategory I mid/high-rise residential zone
2024-1080.0 m²JPY 3MJPY 39,325 / m²JPY 39.325K / m²12 mCategory I residential zone
2024-10165.0 m²JPY 1.5MJPY 9,075 / m²JPY 9.075K / m²12 mCategory I mid/high-rise residential zone
2024-07165.0 m²JPY 1MJPY 6,050 / m²JPY 6.05K / m²12 mCategory I mid/high-rise 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.

Mera land-price summary

The median published transaction price in Mera for 2024–2025 is JPY 6,050 / m²JPY 6.05K / m². A 100 m² plot would therefore be about JPY 605,000JPY 605K 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 ↗