Land prices / Yamaguchi / Hofu

2024 published land transactions

Nishinora land prices and price trends

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

Median transaction price per m² (2024)
JPY 9,378 / m²JPY 9.378K / m²
Median sample 4Five-year sample 17
Estimated price for 100 m²
JPY 937,750JPY 937.75K
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.2M
100 m² building using the 2025 benchmark

Nishinora location

Nishinora 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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Price distribution (2024)

Middle 50% price range
JPY 2,723 / m² – JPY 16,411 / m²JPY 2.723K / m² – JPY 16.411K / m²
Average transaction price
JPY 9,757 / m²JPY 9.757K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 468,875JPY 468.875KJPY 136,170JPY 136.17K JPY 820,531JPY 820.531K
100.0 m²30.3 tsuboJPY 937,750JPY 937.75KJPY 272,341JPY 272.341K JPY 1.64M
150.0 m²45.4 tsuboJPY 1.41MJPY 408,511JPY 408.511K JPY 2.46M
200.0 m²60.5 tsuboJPY 1.88MJPY 544,682JPY 544.682K JPY 3.28M

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 (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10290.0 m²JPY 1,000JPY 1KJPY 3 / m²20.5 mCategory I residential zone
2024-07400.0 m²JPY 1.5MJPY 3,630 / m²JPY 3.63K / m²18 mCategory I exclusively low-rise residential zone
2024-04670.0 m²JPY 10MJPY 15,125 / m²JPY 15.125K / m²27 mUrbanization control area
2024-04350.0 m²JPY 7MJPY 20,268 / m²JPY 20.268K / m²17.5 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.

Nishinora land-price summary

The median published transaction price in Nishinora for 2024 is JPY 9,378 / m²JPY 9.378K / m². A 100 m² plot would therefore be about JPY 937,750JPY 937.75K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗