Land prices / Wakayama / Wakayama

2024–2025 published land transactions

Kihirocho land prices and price trends

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

Median transaction price per m² (2024–2025)
JPY 121,000 / m²JPY 121K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 12.1M
Simple estimate using the displayed median
Estimated land + building budget
JPY 49.37M
100 m² building using the 2025 benchmark

Kihirocho location

Kihirocho 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 121,000 / m² – JPY 136,125 / m²JPY 121K / m² – JPY 136.125K / m²
Average transaction price
JPY 131,083 / m²JPY 131.083K / m²

Estimated land price by plot size (2024–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 6.05MJPY 6.05M JPY 6.81M
100.0 m²30.3 tsuboJPY 12.1MJPY 12.1M JPY 13.61M
150.0 m²45.4 tsuboJPY 18.15MJPY 18.15M JPY 20.42M
200.0 m²60.5 tsuboJPY 24.2MJPY 24.2M JPY 27.23M

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 2024 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2024–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10270.0 m²JPY 33MJPY 121,000 / m²JPY 121K / m²16 mQuasi-industrial zone
2025-10115.0 m²JPY 14MJPY 121,000 / m²JPY 121K / m²15.6 mQuasi-industrial zone
2024-07155.0 m²JPY 23MJPY 151,250 / m²JPY 151.25K / m²8.5 mQuasi-industrial 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.

Kihirocho land-price summary

The median published transaction price in Kihirocho for 2024–2025 is JPY 121,000 / m²JPY 121K / m². A 100 m² plot would therefore be about JPY 12.1M by simple multiplication. The period-change figure compares yearly transaction medians in 2024 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 ↗