Land prices / Nara / Tawaramoto

2023–2024 published land transactions

Shimmachi land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 65,038 / m²JPY 65.038K / m²
Median sample 4Five-year sample 4
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

Shimmachi location

Shimmachi 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 (2023–2024)

Middle 50% price range
JPY 36,981 / m² – JPY 91,506 / m²JPY 36.981K / m² – JPY 91.506K / m²
Average transaction price
JPY 63,449 / m²JPY 63.449K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.25MJPY 1.85M JPY 4.58M
100.0 m²30.3 tsuboJPY 6.5MJPY 3.7M JPY 9.15M
150.0 m²45.4 tsuboJPY 9.76MJPY 5.55M JPY 13.73M
200.0 m²60.5 tsuboJPY 13.01MJPY 7.4M JPY 18.3M

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 2023 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07155.0 m²JPY 15MJPY 93,775 / m²JPY 93.775K / m²10 mCategory I residential zone
2023-1070.0 m²JPY 6.3MJPY 90,750 / m²JPY 90.75K / m²5.3 mCategory I residential zone
2023-01135.0 m²JPY 4MJPY 29,948 / m²JPY 29.948K / m²7.2 mCategory I residential zone
2023-01100.0 m²JPY 4MJPY 39,325 / m²JPY 39.325K / m²5.2 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.

Shimmachi land-price summary

The median published transaction price in Shimmachi for 2023–2024 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 2023 and 2024.

Station-area land prices near Shimmachi

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 ↗