Land prices / Aomori / Towada

2023–2025 published land transactions

Nishi23-Bancho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishi23-Bancho, Towada. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2023–2025)
JPY 15,125 / m²JPY 15.125K / m²
Median sample 7Five-year sample 15
Estimated price for 100 m²
JPY 1.51M
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.45M
100 m² building using the 2025 benchmark

Nishi23-Bancho location

Nishi23-Bancho 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 11,949 / m² – JPY 17,999 / m²JPY 11.949K / m² – JPY 17.999K / m²
Average transaction price
JPY 14,477 / m²JPY 14.477K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 756,250JPY 756.25KJPY 597,438JPY 597.438K JPY 899,938JPY 899.938K
100.0 m²30.3 tsuboJPY 1.51MJPY 1.19M JPY 1.8M
150.0 m²45.4 tsuboJPY 2.27MJPY 1.79M JPY 2.7M
200.0 m²60.5 tsuboJPY 3.03MJPY 2.39M JPY 3.6M

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)

PeriodAreaPricePrice / m²Road widthZoning
2025-01230.0 m²JPY 4.5MJPY 19,360 / m²JPY 19.36K / m²18.5 mResidential use
2025-01330.0 m²JPY 2MJPY 6,050 / m²JPY 6.05K / m²15.4 mOther
2024-101600.0 m²JPY 25MJPY 15,125 / m²JPY 15.125K / m²31 mRetail use
2023-10240.0 m²JPY 3.1MJPY 13,008 / m²JPY 13.008K / m²12 mResidential use
2023-10240.0 m²JPY 2.6MJPY 10,890 / m²JPY 10.89K / m²12 mResidential use
2023-07130.0 m²JPY 2.2MJPY 16,638 / m²JPY 16.638K / m²12 m
2023-04490.0 m²JPY 9.9MJPY 20,268 / m²JPY 20.268K / m²19 mResidential use

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.

Nishi23-Bancho land-price summary

The median published transaction price in Nishi23-Bancho for 2023–2025 is JPY 15,125 / m²JPY 15.125K / m². A 100 m² plot would therefore be about JPY 1.51M 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 ↗