Land prices / Yamaguchi / Hofu

2022–2023 published land transactions

Heiwamachi land prices and price trends

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

Median transaction price per m² (2022–2023)
JPY 31,460 / m²JPY 31.46K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 3.15M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.41M
100 m² building using the 2025 benchmark

Heiwamachi location

Heiwamachi 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 (2022–2023)

Middle 50% price range
JPY 30,553 / m² – JPY 32,368 / m²JPY 30.553K / m² – JPY 32.368K / m²
Average transaction price
JPY 31,460 / m²JPY 31.46K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.57MJPY 1.53M JPY 1.62M
100.0 m²30.3 tsuboJPY 3.15MJPY 3.06M JPY 3.24M
150.0 m²45.4 tsuboJPY 4.72MJPY 4.58M JPY 4.86M
200.0 m²60.5 tsuboJPY 6.29MJPY 6.11M JPY 6.47M

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 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04690.0 m²JPY 20MJPY 29,645 / m²JPY 29.645K / m²Not disclosedNeighborhood commercial zone
2022-07155.0 m²JPY 5.2MJPY 33,275 / m²JPY 33.275K / m²Not disclosedNeighborhood commercial 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.

Heiwamachi land-price summary

The median published transaction price in Heiwamachi for 2022–2023 is JPY 31,460 / m²JPY 31.46K / m². A 100 m² plot would therefore be about JPY 3.15M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2023.

Station-area land prices near Heiwamachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗