Land prices / Yamaguchi / Hikari

2023–2025 published land transactions

Murozumi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 10,890 / m²JPY 10.89K / m²
Median sample 9Five-year sample 15
Estimated price for 100 m²
JPY 1.09M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.36M
100 m² building using the 2025 benchmark

Murozumi location

Murozumi 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 6,050 / m² – JPY 15,730 / m²JPY 6.05K / m² – JPY 15.73K / m²
Average transaction price
JPY 10,709 / m²JPY 10.709K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 544,500JPY 544.5KJPY 302,500JPY 302.5K JPY 786,500JPY 786.5K
100.0 m²30.3 tsuboJPY 1.09MJPY 605,000JPY 605K JPY 1.57M
150.0 m²45.4 tsuboJPY 1.63MJPY 907,500JPY 907.5K JPY 2.36M
200.0 m²60.5 tsuboJPY 2.18MJPY 1.21M JPY 3.15M

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 transactions1
Indicative
5
Indicative
7
Indicative
1
Indicative
1
Indicative
Official observations22222

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: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-01125.0 m²JPY 2MJPY 15,730 / m²JPY 15.73K / m²14.5 mNeighborhood commercial zone
2024-07320.0 m²JPY 7MJPY 21,780 / m²JPY 21.78K / m²15 mCategory I mid/high-rise residential zone
2023-10440.0 m²JPY 7.5MJPY 16,940 / m²JPY 16.94K / m²17 mCategory I residential zone
2023-10300.0 m²JPY 3.5MJPY 11,798 / m²JPY 11.798K / m²Not disclosedCategory I mid/high-rise residential zone
2023-10165.0 m²JPY 1MJPY 6,050 / m²JPY 6.05K / m²7 mNeighborhood commercial zone
2023-1065.0 m²JPY 300,000JPY 300KJPY 4,538 / m²JPY 4.538K / m²15.5 mCategory I residential zone
2023-07530.0 m²JPY 5.8MJPY 10,890 / m²JPY 10.89K / m²16 mNeighborhood commercial zone
2023-07650.0 m²JPY 5MJPY 7,865 / m²JPY 7.865K / m²15 mCategory I residential zone
2023-07100.0 m²JPY 80,000JPY 80KJPY 787 / m²11 mCategory I residential zone

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.

Murozumi land-price summary

The median published transaction price in Murozumi for 2023–2025 is JPY 10,890 / m²JPY 10.89K / m². A 100 m² plot would therefore be about JPY 1.09M 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 ↗