Land prices / Nagano / Okaya

2023–2025 published land transactions

Minato land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 21,024 / m²
Median sample 14Five-year sample 42
Estimated price for 99.2 m² (30 tsubo)
JPY 2.09M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.04M
99.2 m² (30-tsubo) building using the 2025 benchmark

Minato location

Minato 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 (2023–2025)

Middle 50% price range
JPY 11,193 / m² – JPY 23,141 / m²
Average transaction price
JPY 18,185 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 1.39MJPY 740,000 JPY 1.53M
99.2 m²30 tsuboJPY 2.09MJPY 1.11M JPY 2.3M
132.2 m²40 tsuboJPY 2.78MJPY 1.48M JPY 3.06M
165.3 m²50 tsuboJPY 3.48MJPY 1.85M JPY 3.83M

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 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07450.0 m²JPY 9.4MJPY 21,175 / m²15 mQuasi-residential zone
2025-07110.0 m²JPY 3MJPY 27,528 / m²11.5 mCategory I residential zone
2024-1095.0 m²JPY 880,000JPY 9,378 / m²9.5 mCategory I residential zone
2024-07260.0 m²JPY 30,000JPY 115 / m²25 mNon-line-delineated city-planning area
2024-07280.0 m²JPY 30,000JPY 109 / m²36 mNon-line-delineated city-planning area
2024-04400.0 m²JPY 13MJPY 33,275 / m²36 mQuasi-industrial zone
2024-01620.0 m²JPY 13MJPY 20,873 / m²23.4 mQuasi-industrial zone
2024-01290.0 m²JPY 6.1MJPY 20,873 / m²11.8 mQuasi-industrial zone
2024-01250.0 m²JPY 5.6MJPY 22,385 / m²5 mQuasi-industrial zone
2023-10230.0 m²JPY 7.8MJPY 33,275 / m²14.2 mQuasi-residential zone
2023-07840.0 m²JPY 14MJPY 16,638 / m²21 mNon-line-delineated city-planning area
2023-07130.0 m²JPY 3MJPY 23,293 / m²3 mQuasi-residential zone
2023-07120.0 m²JPY 2.7MJPY 22,688 / m²11.5 mQuasi-residential zone
2023-04200.0 m²JPY 590,000JPY 2,995 / m²31 mNon-line-delineated city-planning area

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.

Minato land-price summary

The median published transaction price in Minato for 2023–2025 is JPY 21,024 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 2.09M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗