Land prices / Yamagata / Nanyo

2023–2025 published land transactions

Mitsumadori land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 30,250 / m²JPY 30.25K / m²
Median sample 13Five-year sample 23
Estimated price for 100 m²
JPY 3.03M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.29M
100 m² building using the 2025 benchmark

Mitsumadori location

Mitsumadori 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 27,830 / m² – JPY 36,300 / m²JPY 27.83K / m² – JPY 36.3K / m²
Average transaction price
JPY 30,157 / m²JPY 30.157K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.51MJPY 1.39M JPY 1.82M
100.0 m²30.3 tsuboJPY 3.03MJPY 2.78M JPY 3.63M
150.0 m²45.4 tsuboJPY 4.54MJPY 4.17M JPY 5.45M
200.0 m²60.5 tsuboJPY 6.05MJPY 5.57M JPY 7.26M

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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions6
Indicative
4
Indicative
2
Indicative
9
Indicative
2
Indicative
Official observations11111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07350.0 m²JPY 10MJPY 30,250 / m²JPY 30.25K / m²14.5 mOther
2025-07195.0 m²JPY 6.2MJPY 30,250 / m²JPY 30.25K / m²9 mResidential use
2024-10300.0 m²JPY 8.9MJPY 29,948 / m²JPY 29.948K / m²17.5 mResidential use
2024-10140.0 m²JPY 5MJPY 36,300 / m²JPY 36.3K / m²12.2 mOther
2024-10140.0 m²JPY 5MJPY 36,300 / m²JPY 36.3K / m²12.2 m
2024-07350.0 m²JPY 9.8MJPY 27,830 / m²JPY 27.83K / m²16.9 m
2024-04105.0 m²JPY 4.2MJPY 39,325 / m²JPY 39.325K / m²25.5 m
2024-0465.0 m²JPY 2.6MJPY 42,350 / m²JPY 42.35K / m²14.4 m
2024-0490.0 m²JPY 2.4MJPY 26,318 / m²JPY 26.318K / m²11 m
2024-0490.0 m²JPY 2.4MJPY 26,318 / m²JPY 26.318K / m²11 mOther
2024-01770.0 m²JPY 26MJPY 33,275 / m²JPY 33.275K / m²37 m
2023-04630.0 m²JPY 3.6MJPY 5,748 / m²JPY 5.748K / m²Not disclosed
2023-01200.0 m²JPY 5.5MJPY 27,830 / m²JPY 27.83K / m²12.5 mResidential use

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.

Mitsumadori land-price summary

The median published transaction price in Mitsumadori for 2023–2025 is JPY 30,250 / m²JPY 30.25K / m². A 100 m² plot would therefore be about JPY 3.03M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Mitsumadori

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗