2023–2025 published land transactions

Niiryo land prices and price trends

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

Median transaction price per m² (2023–2025)

JPY 7,563 / m²JPY 7.563K / m²

Median sample 25Five-year sample 31

Estimated price for 100 m²

JPY 756,250JPY 756.25K

Simple estimate using the displayed median

Estimated land + building budget

JPY 39.02M

100 m² building using the 2025 benchmark

Niiryo location

Niiryo 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 4,538 / m² – JPY 33,275 / m²JPY 4.538K / m² – JPY 33.275K / m²

Average transaction price

JPY 18,094 / m²JPY 18.094K / m²

Estimated land price by plot size (2023–2025)

Plot size	Equivalent in tsubo	Median estimate	Middle 50% estimate
50.0 m²	15.1 tsubo	JPY 378,125JPY 378.125K	JPY 226,875JPY 226.875K – JPY 1.66M
100.0 m²	30.3 tsubo	JPY 756,250JPY 756.25K	JPY 453,750JPY 453.75K – JPY 3.33M
150.0 m²	45.4 tsubo	JPY 1.13M	JPY 680,625JPY 680.625K – JPY 4.99M
200.0 m²	60.5 tsubo	JPY 1.51M	JPY 907,500JPY 907.5K – JPY 6.66M

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)

Period	Area	Price	Price / m²	Road width	Zoning
2025-01	230.0 m²	JPY 9.8M	JPY 42,350 / m²JPY 42.35K / m²	12.5 m	Category I mid/high-rise residential zone
2025-01	190.0 m²	JPY 6.6M	JPY 33,275 / m²JPY 33.275K / m²	15 m	Category I mid/high-rise residential zone
2024-10	420.0 m²	JPY 16M	JPY 39,325 / m²JPY 39.325K / m²	22 m	Urbanization control area
2024-10	220.0 m²	JPY 6M	JPY 27,528 / m²JPY 27.528K / m²	17 m	Category II mid/high-rise residential zone
2024-04	370.0 m²	JPY 15M	JPY 39,325 / m²JPY 39.325K / m²	17 m	Category I mid/high-rise residential zone
2024-04	220.0 m²	JPY 7M	JPY 33,275 / m²JPY 33.275K / m²	14 m	Urbanization control area
2024-01	240.0 m²	JPY 11M	JPY 45,375 / m²JPY 45.375K / m²	19 m	Urbanization control area
2023-10	9999.0 m²	JPY 16M	JPY 7,563 / m²JPY 7.563K / m²	18 m	Urbanization control area
2023-10	9999.0 m²	JPY 12M	JPY 4,840 / m²JPY 4.84K / m²	Not disclosed	Category I mid/high-rise residential zone
2023-10	1500.0 m²	JPY 11M	JPY 7,563 / m²JPY 7.563K / m²	18 m	Urbanization control area
2023-10	1700.0 m²	JPY 9.9M	JPY 5,748 / m²JPY 5.748K / m²	15 m	Urbanization control area
2023-10	220.0 m²	JPY 9M	JPY 42,350 / m²JPY 42.35K / m²	15 m	Urbanization control area
2023-10	220.0 m²	JPY 8.7M	JPY 39,325 / m²JPY 39.325K / m²	13 m	Urbanization control area
2023-10	650.0 m²	JPY 7.8M	JPY 12,100 / m²JPY 12.1K / m²	25 m	Category I mid/high-rise residential zone
2023-10	1300.0 m²	JPY 7.7M	JPY 5,748 / m²JPY 5.748K / m²	5 m	Urbanization control area
2023-10	1200.0 m²	JPY 7.3M	JPY 6,050 / m²JPY 6.05K / m²	14.5 m	Urbanization control area
2023-10	1500.0 m²	JPY 6M	JPY 4,235 / m²JPY 4.235K / m²	Not disclosed	Category I mid/high-rise residential zone
2023-04	9999.0 m²	JPY 9.7M	JPY 4,538 / m²JPY 4.538K / m²	37.5 m	Urbanization control area
2023-04	300.0 m²	JPY 8M	JPY 26,318 / m²JPY 26.318K / m²	18 m	Category I mid/high-rise residential zone
2023-04	1400.0 m²	JPY 6.3M	JPY 4,538 / m²JPY 4.538K / m²	18 m	Urbanization control area
2023-04	1000.0 m²	JPY 4.7M	JPY 4,538 / m²JPY 4.538K / m²	12 m	Urbanization control area
2023-04	940.0 m²	JPY 4.3M	JPY 4,538 / m²JPY 4.538K / m²	Not disclosed	Urbanization control area
2023-04	1100.0 m²	JPY 3M	JPY 2,844 / m²JPY 2.844K / m²	Not disclosed	Urbanization control area
2023-04	270.0 m²	JPY 1.2M	JPY 4,538 / m²JPY 4.538K / m²	11 m	Urbanization control area
2023-04	230.0 m²	JPY 1M	JPY 4,538 / m²JPY 4.538K / m²	13 m	Urbanization control area

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.

Niiryo land-price summary

The median published transaction price in Niiryo for 2023–2025 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 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 ↗