Land prices / Yamagata / Nagai

2023–2025 published land transactions

Honcho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 14,066 / m²JPY 14.066K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 1.41M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.67M
100 m² building using the 2025 benchmark

Honcho location

Honcho 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 (2023–2025)

Middle 50% price range
JPY 9,756 / m² – JPY 18,377 / m²JPY 9.756K / m² – JPY 18.377K / m²
Average transaction price
JPY 14,066 / m²JPY 14.066K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 703,313JPY 703.313KJPY 487,781JPY 487.781K JPY 918,844JPY 918.844K
100.0 m²30.3 tsuboJPY 1.41MJPY 975,563JPY 975.563K JPY 1.84M
150.0 m²45.4 tsuboJPY 2.11MJPY 1.46M JPY 2.76M
200.0 m²60.5 tsuboJPY 2.81MJPY 1.95M JPY 3.68M

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 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07540.0 m²JPY 3MJPY 5,445 / m²JPY 5.445K / m²34.5 mOther
2023-07330.0 m²JPY 7.5MJPY 22,688 / m²JPY 22.688K / m²28.6 mOther

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.

Honcho land-price summary

The median published transaction price in Honcho for 2023–2025 is JPY 14,066 / m²JPY 14.066K / m². A 100 m² plot would therefore be about JPY 1.41M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 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 ↗