Land prices / Nara / Heguri

2022–2023 published land transactions

Shimogaito land prices and price trends

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

Median transaction price per m² (2022–2023)
JPY 81,675 / m²JPY 81.675K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 8.17M
Simple estimate using the displayed median
Estimated land + building budget
JPY 45.1M
100 m² building using the 2025 benchmark

Shimogaito location

Shimogaito location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2022–2023)

Middle 50% price range
JPY 45,980 / m² – JPY 84,700 / m²JPY 45.98K / m² – JPY 84.7K / m²
Average transaction price
JPY 59,895 / m²JPY 59.895K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 4.08MJPY 2.3M JPY 4.24M
100.0 m²30.3 tsuboJPY 8.17MJPY 4.6M JPY 8.47M
150.0 m²45.4 tsuboJPY 12.25MJPY 6.9M JPY 12.71M
200.0 m²60.5 tsuboJPY 16.34MJPY 9.2M JPY 16.94M

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
2223
Year20222023
Public transactions2
Indicative
1
Indicative
Official observations11

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-071100.0 m²JPY 12MJPY 10,285 / m²JPY 10.285K / m²18 mCategory I residential zone
2022-04160.0 m²JPY 14MJPY 87,725 / m²JPY 87.725K / m²9.4 mCategory I residential zone
2022-04160.0 m²JPY 13MJPY 81,675 / m²JPY 81.675K / m²7.5 mCategory I 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.

Shimogaito land-price summary

The median published transaction price in Shimogaito for 2022–2023 is JPY 81,675 / m²JPY 81.675K / m². A 100 m² plot would therefore be about JPY 8.17M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2023.

Station-area land prices near Shimogaito

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗