Land prices / Yamagata / Sagae

2023 published land transactions

Nishine land prices and price trends

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

Median transaction price per m² (2023)
JPY 7,563 / m²JPY 7.563K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 756,250JPY 756.25K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.02M
100 m² building using the 2025 benchmark

Nishine location

Nishine 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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Price distribution (2023)

Middle 50% price range
JPY 7,563 / m² – JPY 18,906 / m²JPY 7.563K / m² – JPY 18.906K / m²
Average transaction price
JPY 15,125 / m²JPY 15.125K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 378,125JPY 378.125KJPY 378,125JPY 378.125K JPY 945,313JPY 945.313K
100.0 m²30.3 tsuboJPY 756,250JPY 756.25KJPY 756,250JPY 756.25K JPY 1.89M
150.0 m²45.4 tsuboJPY 1.13MJPY 1.13M JPY 2.84M
200.0 m²60.5 tsuboJPY 1.51MJPY 1.51M JPY 3.78M

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
23
Year2023
Public transactions3
Indicative
Official observations1

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

The displayed period change compares transaction medians in 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10260.0 m²JPY 2MJPY 7,563 / m²JPY 7.563K / m²Not disclosedOther
2023-10260.0 m²JPY 2MJPY 7,563 / m²JPY 7.563K / m²Not disclosedOther
2023-071200.0 m²JPY 36MJPY 30,250 / m²JPY 30.25K / m²36.5 mRetail 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.

Nishine land-price summary

The median published transaction price in Nishine for 2023 is JPY 7,563 / m²JPY 7.563K / m². A 100 m² plot would therefore be about JPY 756,250JPY 756.25K by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

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 ↗