Land prices / Yamaguchi / Hofu

2021–2024 published land transactions

Miyachicho land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 31,763 / m²JPY 31.763K / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 3.18M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.44M
100 m² building using the 2025 benchmark

Miyachicho location

Miyachicho 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 (2021–2024)

Middle 50% price range
JPY 20,419 / m² – JPY 44,619 / m²JPY 20.419K / m² – JPY 44.619K / m²
Average transaction price
JPY 33,275 / m²JPY 33.275K / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.59MJPY 1.02M JPY 2.23M
100.0 m²30.3 tsuboJPY 3.18MJPY 2.04M JPY 4.46M
150.0 m²45.4 tsuboJPY 4.76MJPY 3.06M JPY 6.69M
200.0 m²60.5 tsuboJPY 6.35MJPY 4.08M JPY 8.92M

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 (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04100.0 m²JPY 5MJPY 51,425 / m²JPY 51.425K / m²8 mNeighborhood commercial zone
2024-01320.0 m²JPY 6.8MJPY 21,175 / m²JPY 21.175K / m²8 mNeighborhood commercial zone
2021-04135.0 m²JPY 5.5MJPY 42,350 / m²JPY 42.35K / m²9 mNeighborhood commercial zone
2021-01180.0 m²JPY 3.3MJPY 18,150 / m²JPY 18.15K / m²5.5 mNeighborhood 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.

Miyachicho land-price summary

The median published transaction price in Miyachicho for 2021–2024 is JPY 31,763 / m²JPY 31.763K / m². A 100 m² plot would therefore be about JPY 3.18M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Miyachicho

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 ↗