Land prices / Kanagawa / Yokohama-Naka

2024 published land transactions

Nishinoyacho land prices and price trends

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

Median transaction price per m² (2024)
JPY 193,600 / m²JPY 193.6K / m²
Median sample 5Five-year sample 13
Estimated price for 100 m²
JPY 19.36M
Simple estimate using the displayed median
Estimated land + building budget
JPY 56.96M
100 m² building using the 2025 benchmark

Nishinoyacho location

Nishinoyacho 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 172,425 / m² – JPY 229,900 / m²JPY 172.425K / m² – JPY 229.9K / m²
Average transaction price
JPY 169,412 / m²JPY 169.412K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 9.68MJPY 8.62M JPY 11.5M
100.0 m²30.3 tsuboJPY 19.36MJPY 17.24M JPY 22.99M
150.0 m²45.4 tsuboJPY 29.04MJPY 25.86M JPY 34.49M
200.0 m²60.5 tsuboJPY 38.72MJPY 34.49M JPY 45.98M

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 transactions2
Indicative
2
Indicative
4
Indicative
5
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
2024-10250.0 m²JPY 57MJPY 229,900 / m²JPY 229.9K / m²22 mResidential use
2024-10340.0 m²JPY 20,000JPY 20KJPY 57 / m²Not disclosed
2024-07160.0 m²JPY 41MJPY 251,075 / m²JPY 251.075K / m²13.8 mOther
2024-04410.0 m²JPY 70MJPY 172,425 / m²JPY 172.425K / m²Not disclosed
2024-01180.0 m²JPY 35MJPY 193,600 / m²JPY 193.6K / m²Not disclosedResidential 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.

Nishinoyacho land-price summary

The median published transaction price in Nishinoyacho for 2024 is JPY 193,600 / m²JPY 193.6K / m². A 100 m² plot would therefore be about JPY 19.36M 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 ↗