Land prices / Hyogo / Itami

2024 published land transactions

Gyogicho land prices and price trends

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

Median transaction price per m² (2024)
JPY 332,750 / m²JPY 332.75K / m²
Median sample 3Five-year sample 16
Estimated price for 100 m²
JPY 33.28M
Simple estimate using the displayed median
Estimated land + building budget
JPY 70.54M
100 m² building using the 2025 benchmark

Gyogicho location

Gyogicho 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 311,575 / m² – JPY 378,125 / m²JPY 311.575K / m² – JPY 378.125K / m²
Average transaction price
JPY 348,883 / m²JPY 348.883K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 16.64MJPY 15.58M JPY 18.91M
100.0 m²30.3 tsuboJPY 33.28MJPY 31.16M JPY 37.81M
150.0 m²45.4 tsuboJPY 49.91MJPY 46.74M JPY 56.72M
200.0 m²60.5 tsuboJPY 66.55MJPY 62.32M JPY 75.63M

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

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions4
Indicative
4
Indicative
5
Indicative
3
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-0760.0 m²JPY 21MJPY 332,750 / m²JPY 332.75K / m²5 mCategory II mid/high-rise residential zone
2024-04170.0 m²JPY 49MJPY 290,400 / m²JPY 290.4K / m²11.1 mCategory I exclusively low-rise residential zone
2024-01130.0 m²JPY 57MJPY 423,500 / m²JPY 423.5K / m²15 mCategory 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.

Gyogicho land-price summary

The median published transaction price in Gyogicho for 2024 is JPY 332,750 / m²JPY 332.75K / m². A 100 m² plot would therefore be about JPY 33.28M 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 ↗