Land prices / Nara / Koryo
2021–2023 published land transactionsOtsuka land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Otsuka, Koryo. It does not limit transactions by the buyer's intended use.
Otsuka location
Otsuka location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2021–2023)
Estimated land price by plot size (2021–2023)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 2.95M | JPY 2.46M – JPY 3.06M |
| 100.0 m² | 30.3 tsubo | JPY 5.9M | JPY 4.92M – JPY 6.13M |
| 150.0 m² | 45.4 tsubo | JPY 8.85M | JPY 7.37M – JPY 9.19M |
| 200.0 m² | 60.5 tsubo | JPY 11.8M | JPY 9.83M – JPY 12.25M |
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
| Year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Public transactions | 1 Indicative | 2 Indicative | 1 Indicative |
| Official observations | 1 | 1 | 1 |
Medians and changes can move sharply in years with few transactions.
The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 1.
Published land transactions (2021–2023)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2023-10 | 360.0 m² | JPY 23M | JPY 63,525 / m²JPY 63.525K / m² | 13 m | Quasi-residential zone |
| 2022-07 | 700.0 m² | JPY 40M | JPY 57,475 / m²JPY 57.475K / m² | 27 m | Category I mid/high-rise residential zone |
| 2022-07 | 360.0 m² | JPY 22M | JPY 60,500 / m²JPY 60.5K / m² | 13 m | Quasi-residential zone |
| 2021-04 | 1100.0 m² | JPY 28M | JPY 24,200 / m²JPY 24.2K / m² | 22.5 m | Urbanization control 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.
Otsuka land-price summary
The median published transaction price in Otsuka for 2021–2023 is JPY 58,988 / m²JPY 58.988K / m². A 100 m² plot would therefore be about JPY 5.9M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.