Land prices / Nara / Oji

2023–2025 published land transactions

Honcho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 65,038 / m²JPY 65.038K / m²
Median sample 10Five-year sample 19
Estimated price for 100 m²
JPY 6.5M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.44M
100 m² building using the 2025 benchmark

Honcho location

Honcho 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 25,259 / m² – JPY 75,625 / m²JPY 25.259K / m² – JPY 75.625K / m²
Average transaction price
JPY 58,540 / m²JPY 58.54K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.25MJPY 1.26M JPY 3.78M
100.0 m²30.3 tsuboJPY 6.5MJPY 2.53M JPY 7.56M
150.0 m²45.4 tsuboJPY 9.76MJPY 3.79M JPY 11.34M
200.0 m²60.5 tsuboJPY 13.01MJPY 5.05M JPY 15.13M

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
2122232425
Year20212022202320242025
Public transactions1
Indicative
8
Indicative
2
Indicative
7
Indicative
1
Indicative
Official observations22222

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07185.0 m²JPY 22MJPY 117,975 / m²JPY 117.975K / m²11.2 mCategory I residential zone
2024-109999.0 m²JPY 6.2MJPY 2,602 / m²JPY 2.602K / m²Not disclosedCategory I exclusively low-rise residential zone
2024-07240.0 m²JPY 18MJPY 75,625 / m²JPY 75.625K / m²13.6 mCategory I exclusively low-rise residential zone
2024-079999.0 m²JPY 6.2MJPY 2,602 / m²JPY 2.602K / m²Not disclosedCategory I exclusively low-rise residential zone
2024-04260.0 m²JPY 18MJPY 72,600 / m²JPY 72.6K / m²17.2 mCategory I mid/high-rise residential zone
2024-01200.0 m²JPY 24MJPY 121,000 / m²JPY 121K / m²9.4 mCategory I residential zone
2024-01160.0 m²JPY 12MJPY 75,625 / m²JPY 75.625K / m²14.5 mCategory I residential zone
2024-01280.0 m²JPY 5.8MJPY 20,570 / m²JPY 20.57K / m²20 mCategory I residential zone
2023-071200.0 m²JPY 48MJPY 39,325 / m²JPY 39.325K / m²45 mCategory I mid/high-rise residential zone
2023-07340.0 m²JPY 20MJPY 57,475 / m²JPY 57.475K / m²21.6 mQuasi-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.

Honcho land-price summary

The median published transaction price in Honcho for 2023–2025 is JPY 65,038 / m²JPY 65.038K / m². A 100 m² plot would therefore be about JPY 6.5M 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 ↗