Land prices / Yamaguchi / Hofu
2023–2024 published land transactionsMotobashicho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Motobashicho, Hofu. It does not limit transactions by the buyer's intended use.
Motobashicho location
Motobashicho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2024)
Estimated land price by plot size (2023–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 378,125JPY 378.125K | JPY 363,000JPY 363K – JPY 1.25M |
| 100.0 m² | 30.3 tsubo | JPY 756,250JPY 756.25K | JPY 726,000JPY 726K – JPY 2.5M |
| 150.0 m² | 45.4 tsubo | JPY 1.13M | JPY 1.09M – JPY 3.74M |
| 200.0 m² | 60.5 tsubo | JPY 1.51M | JPY 1.45M – JPY 4.99M |
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
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 (2023–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-07 | 1200.0 m² | JPY 9M | JPY 7,563 / m²JPY 7.563K / m² | 25 m | Category II mid/high-rise residential zone |
| 2024-04 | 200.0 m² | JPY 8.8M | JPY 42,350 / m²JPY 42.35K / m² | 11 m | Category II mid/high-rise residential zone |
| 2023-10 | 1100.0 m² | JPY 7.8M | JPY 6,958 / m²JPY 6.958K / m² | 22 m | Category II mid/high-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.
Motobashicho land-price summary
The median published transaction price in Motobashicho for 2023–2024 is JPY 7,563 / m²JPY 7.563K / m². A 100 m² plot would therefore be about JPY 756,250JPY 756.25K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.