Land prices / Miyazaki / Nichinan-City

2023–2025 published land transactions

Obi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 9,226 / m²JPY 9.226K / m²
Median sample 8Five-year sample 11
Estimated price for 100 m²
JPY 922,625JPY 922.625K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.86M
100 m² building using the 2025 benchmark

Obi location

Obi 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 5,074 / m² – JPY 16,713 / m²JPY 5.074K / m² – JPY 16.713K / m²
Average transaction price
JPY 10,051 / m²JPY 10.051K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 461,313JPY 461.313KJPY 253,722JPY 253.722K JPY 835,656JPY 835.656K
100.0 m²30.3 tsuboJPY 922,625JPY 922.625KJPY 507,444JPY 507.444K JPY 1.67M
150.0 m²45.4 tsuboJPY 1.38MJPY 761,166JPY 761.166K JPY 2.51M
200.0 m²60.5 tsuboJPY 1.85MJPY 1.01M JPY 3.34M

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 2022 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10170.0 m²JPY 3.1MJPY 18,150 / m²JPY 18.15K / m²Not disclosedCommercial zone
2024-10360.0 m²JPY 3MJPY 8,168 / m²JPY 8.168K / m²26.1 mCategory I residential zone
2024-10190.0 m²JPY 270,000JPY 270KJPY 1,422 / m²JPY 1.422K / m²Not disclosedCategory I residential zone
2023-10280.0 m²JPY 4.6MJPY 16,335 / m²JPY 16.335K / m²Not disclosedCategory I residential zone
2023-07490.0 m²JPY 3MJPY 6,050 / m²JPY 6.05K / m²Not disclosedCategory I residential zone
2023-04140.0 m²JPY 300,000JPY 300KJPY 2,148 / m²JPY 2.148K / m²2 mCategory I residential zone
2023-01310.0 m²JPY 5.5MJPY 17,848 / m²JPY 17.848K / m²Not disclosedCategory I residential zone
2023-01145.0 m²JPY 1.5MJPY 10,285 / m²JPY 10.285K / m²Not disclosedCommercial 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.

Obi land-price summary

The median published transaction price in Obi for 2023–2025 is JPY 9,226 / m²JPY 9.226K / m². A 100 m² plot would therefore be about JPY 922,625JPY 922.625K by simple multiplication. The period-change figure compares yearly transaction medians in 2022 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 ↗