Land prices / Yamagata / Shinjo

2024 published land transactions

Torigoe land prices and price trends

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

Median transaction price per m² (2024)
JPY 5,188 / m²JPY 5.188K / m²
Median sample 4Five-year sample 9
Estimated price for 100 m²
JPY 518,788JPY 518.788K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.79M
100 m² building using the 2025 benchmark

Torigoe location

Torigoe 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 (2024)

Middle 50% price range
JPY 378 / m² – JPY 12,932 / m²JPY 378 / m² – JPY 12.932K / m²
Average transaction price
JPY 8,122 / m²JPY 8.122K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 259,394JPY 259.394KJPY 18,906JPY 18.906K JPY 646,594JPY 646.594K
100.0 m²30.3 tsuboJPY 518,788JPY 518.788KJPY 37,813JPY 37.813K JPY 1.29M
150.0 m²45.4 tsuboJPY 778,181JPY 778.181KJPY 56,719JPY 56.719K JPY 1.94M
200.0 m²60.5 tsuboJPY 1.04MJPY 75,625JPY 75.625K JPY 2.59M

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

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10810.0 m²JPY 8MJPY 9,983 / m²JPY 9.983K / m²30 mWarehouse
2024-10280.0 m²JPY 6MJPY 21,780 / m²JPY 21.78K / m²12.5 mOther
2024-01760.0 m²JPY 300,000JPY 300KJPY 393 / m²30 m
2024-01450.0 m²JPY 150,000JPY 150KJPY 333 / m²14 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.

Torigoe land-price summary

The median published transaction price in Torigoe for 2024 is JPY 5,188 / m²JPY 5.188K / m². A 100 m² plot would therefore be about JPY 518,788JPY 518.788K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗