Land prices / Hyogo / Nishinomiya

2023 published land transactions

Otanicho land prices and price trends

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

Median transaction price per m² (2023)
JPY 263,175 / m²JPY 263.175K / m²
Median sample 1Five-year sample 1
Estimated price for 100 m²
JPY 26.32M
Simple estimate using the displayed median
Estimated land + building budget
JPY 63.59M
100 m² building using the 2025 benchmark

Otanicho location

Otanicho 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 (2023)

Middle 50% price range
JPY 263,175 / m² – JPY 263,175 / m²JPY 263.175K / m² – JPY 263.175K / m²
Average transaction price
JPY 263,175 / m²JPY 263.175K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 13.16MJPY 13.16M JPY 13.16M
100.0 m²30.3 tsuboJPY 26.32MJPY 26.32M JPY 26.32M
150.0 m²45.4 tsuboJPY 39.48MJPY 39.48M JPY 39.48M
200.0 m²60.5 tsuboJPY 52.64MJPY 52.64M JPY 52.64M

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 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10140.0 m²JPY 37MJPY 263,175 / m²JPY 263.175K / m²6.8 mCategory I 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.

Otanicho land-price summary

The median published transaction price in Otanicho for 2023 is JPY 263,175 / m²JPY 263.175K / m². A 100 m² plot would therefore be about JPY 26.32M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

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 ↗