Land prices / Hyogo / Itami

2022–2024 published land transactions

Nishino land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 161,838 / m²JPY 161.838K / m²
Median sample 6Five-year sample 7
Estimated price for 100 m²
JPY 16.18M
Simple estimate using the displayed median
Estimated land + building budget
JPY 53.45M
100 m² building using the 2025 benchmark

Nishino location

Nishino 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 (2022–2024)

Middle 50% price range
JPY 153,519 / m² – JPY 204,188 / m²JPY 153.519K / m² – JPY 204.188K / m²
Average transaction price
JPY 169,400 / m²JPY 169.4K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 8.09MJPY 7.68M JPY 10.21M
100.0 m²30.3 tsuboJPY 16.18MJPY 15.35M JPY 20.42M
150.0 m²45.4 tsuboJPY 24.28MJPY 23.03M JPY 30.63M
200.0 m²60.5 tsuboJPY 32.37MJPY 30.7M JPY 40.84M

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 transactions1
Indicative
1
Indicative
4
Indicative
1
Indicative
Official observations3333

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: 3.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07200.0 m²JPY 44MJPY 217,800 / m²JPY 217.8K / m²15 mCategory I mid/high-rise residential zone
2023-07110.0 m²JPY 24MJPY 220,825 / m²JPY 220.825K / m²10 mCategory I mid/high-rise residential zone
2023-01310.0 m²JPY 52MJPY 163,350 / m²JPY 163.35K / m²12.5 mCategory I mid/high-rise residential zone
2023-01480.0 m²JPY 48MJPY 102,850 / m²JPY 102.85K / m²12.5 mCategory I mid/high-rise residential zone
2023-01240.0 m²JPY 36MJPY 151,250 / m²JPY 151.25K / m²16 mQuasi-residential zone
2022-01880.0 m²JPY 140MJPY 160,325 / m²JPY 160.325K / m²26 mNeighborhood commercial 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.

Nishino land-price summary

The median published transaction price in Nishino for 2022–2024 is JPY 161,838 / m²JPY 161.838K / m². A 100 m² plot would therefore be about JPY 16.18M 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 ↗