Land prices / Yamaguchi / Hikari

2023–2025 published land transactions

Nijigaoka land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 48,400 / m²JPY 48.4K / m²
Median sample 11Five-year sample 22
Estimated price for 100 m²
JPY 4.84M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.11M
100 m² building using the 2025 benchmark

Nijigaoka location

Nijigaoka location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

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 42,350 / m² – JPY 52,938 / m²JPY 42.35K / m² – JPY 52.938K / m²
Average transaction price
JPY 45,155 / m²JPY 45.155K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.42MJPY 2.12M JPY 2.65M
100.0 m²30.3 tsuboJPY 4.84MJPY 4.24M JPY 5.29M
150.0 m²45.4 tsuboJPY 7.26MJPY 6.35M JPY 7.94M
200.0 m²60.5 tsuboJPY 9.68MJPY 8.47M JPY 10.59M

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 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10340.0 m²JPY 11MJPY 30,250 / m²JPY 30.25K / m²20 mCategory I mid/high-rise residential zone
2024-10390.0 m²JPY 20MJPY 51,425 / m²JPY 51.425K / m²22 mCategory I exclusively low-rise residential zone
2024-10220.0 m²JPY 11MJPY 48,400 / m²JPY 48.4K / m²13 mCategory I exclusively low-rise residential zone
2024-10280.0 m²JPY 1MJPY 3,630 / m²JPY 3.63K / m²13.5 mCategory I residential zone
2024-07730.0 m²JPY 32MJPY 45,375 / m²JPY 45.375K / m²34 mCategory I exclusively low-rise residential zone
2024-07440.0 m²JPY 22MJPY 48,400 / m²JPY 48.4K / m²18 mCategory I exclusively low-rise residential zone
2024-07195.0 m²JPY 9.6MJPY 48,400 / m²JPY 48.4K / m²14 mCategory I exclusively low-rise residential zone
2024-04300.0 m²JPY 12MJPY 39,325 / m²JPY 39.325K / m²13 mCategory I exclusively low-rise residential zone
2024-04190.0 m²JPY 12MJPY 60,500 / m²JPY 60.5K / m²11 mCategory I exclusively low-rise residential zone
2024-01480.0 m²JPY 32MJPY 66,550 / m²JPY 66.55K / m²17 mCategory I exclusively low-rise residential zone
2023-04300.0 m²JPY 16MJPY 54,450 / m²JPY 54.45K / m²18 mCategory I exclusively low-rise 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.

Nijigaoka land-price summary

The median published transaction price in Nijigaoka for 2023–2025 is JPY 48,400 / m²JPY 48.4K / m². A 100 m² plot would therefore be about JPY 4.84M 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 ↗