Land prices / Nara / Tenri

2023–2025 published land transactions

Ichinomotocho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 45,375 / m²JPY 45.375K / m²
Median sample 7Five-year sample 10
Estimated price for 100 m²
JPY 4.54M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.47M
100 m² building using the 2025 benchmark

Ichinomotocho location

Ichinomotocho 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 37,359 / m² – JPY 65,038 / m²JPY 37.359K / m² – JPY 65.038K / m²
Average transaction price
JPY 51,425 / m²JPY 51.425K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.27MJPY 1.87M JPY 3.25M
100.0 m²30.3 tsuboJPY 4.54MJPY 3.74M JPY 6.5M
150.0 m²45.4 tsuboJPY 6.81MJPY 5.6M JPY 9.76M
200.0 m²60.5 tsuboJPY 9.08MJPY 7.47M JPY 13.01M

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 transactions2
Indicative
1
Indicative
4
Indicative
2
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
2025-04340.0 m²JPY 9.5MJPY 28,133 / m²JPY 28.133K / m²16.5 mUrbanization control area
2024-07330.0 m²JPY 24MJPY 72,600 / m²JPY 72.6K / m²22 mCategory I residential zone
2024-01155.0 m²JPY 13MJPY 81,675 / m²JPY 81.675K / m²12 mCategory I residential zone
2023-079999.0 m²JPY 130MJPY 57,475 / m²JPY 57.475K / m²34 mCategory I residential zone
2023-079999.0 m²JPY 110MJPY 29,343 / m²JPY 29.343K / m²9999.9 mUrbanization control area
2023-01360.0 m²JPY 16MJPY 45,375 / m²JPY 45.375K / m²15.6 mCategory I residential zone
2023-01360.0 m²JPY 16MJPY 45,375 / m²JPY 45.375K / m²12.5 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.

Ichinomotocho land-price summary

The median published transaction price in Ichinomotocho for 2023–2025 is JPY 45,375 / m²JPY 45.375K / m². A 100 m² plot would therefore be about JPY 4.54M 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 ↗