Land prices / Nara / Tenri

2022–2023 published land transactions

Ojicho land prices and price trends

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

Median transaction price per m² (2022–2023)
JPY 22,385 / m²JPY 22.385K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 2.24M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.17M
100 m² building using the 2025 benchmark

Ojicho location

Ojicho 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 (2022–2023)

Middle 50% price range
JPY 17,696 / m² – JPY 29,343 / m²JPY 17.696K / m² – JPY 29.343K / m²
Average transaction price
JPY 23,898 / m²JPY 23.898K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.12MJPY 884,813JPY 884.813K JPY 1.47M
100.0 m²30.3 tsuboJPY 2.24MJPY 1.77M JPY 2.93M
150.0 m²45.4 tsuboJPY 3.36MJPY 2.65M JPY 4.4M
200.0 m²60.5 tsuboJPY 4.48MJPY 3.54M JPY 5.87M

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 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07260.0 m²JPY 9.3MJPY 36,300 / m²JPY 36.3K / m²18 mUrbanization control area
2023-07180.0 m²JPY 4MJPY 22,385 / m²JPY 22.385K / m²10.5 mUrbanization control area
2022-01810.0 m²JPY 11MJPY 13,008 / m²JPY 13.008K / m²10 mUrbanization 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.

Ojicho land-price summary

The median published transaction price in Ojicho for 2022–2023 is JPY 22,385 / m²JPY 22.385K / m². A 100 m² plot would therefore be about JPY 2.24M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 and 2023.

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 ↗