Land prices / Yamagata / Sagae

2023–2025 published land transactions

Shima land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 26,923 / m²
Median sample 10Five-year sample 18
Estimated price for 100 m²
JPY 2.69M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.96M
100 m² building using the 2025 benchmark

Shima location

Shima 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 (2023–2025)

Middle 50% price range
JPY 21,478 / m² – JPY 28,359 / m²
Average transaction price
JPY 24,412 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.35MJPY 1.07M JPY 1.42M
100.0 m²30.3 tsuboJPY 2.69MJPY 2.15M JPY 2.84M
150.0 m²45.4 tsuboJPY 4.04MJPY 3.22M JPY 4.25M
200.0 m²60.5 tsuboJPY 5.38MJPY 4.3M JPY 5.67M

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 (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07270.0 m²JPY 7.7MJPY 28,738 / m²13 mResidential use
2025-011000.0 m²JPY 4.6MJPY 4,538 / m²14 m
2024-10420.0 m²JPY 7.6MJPY 18,150 / m²Not disclosedResidential use
2024-10250.0 m²JPY 7.2MJPY 28,738 / m²18 mResidential use
2024-04270.0 m²JPY 5.3MJPY 19,663 / m²14.6 mResidential use
2023-01260.0 m²JPY 9.1MJPY 36,300 / m²17.5 mResidential use
2023-01270.0 m²JPY 7.4MJPY 26,923 / m²11.6 mResidential use
2023-01260.0 m²JPY 7.2MJPY 27,225 / m²14.5 mResidential use
2023-01250.0 m²JPY 6.9MJPY 26,923 / m²16 mResidential use
2023-01250.0 m²JPY 6.8MJPY 26,923 / m²12.7 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.

Shima land-price summary

The median published transaction price in Shima for 2023–2025 is JPY 26,923 / m². A 100 m² plot would therefore be about JPY 2.69M 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 ↗