Land prices / Osaka / Ibaraki-City

2023–2024 published land transactions

Nakatsucho land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 235,950 / m²JPY 235.95K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 23.6M
Simple estimate using the displayed median
Estimated land + building budget
JPY 57.87M
100 m² building using the 2025 benchmark

Nakatsucho location

Nakatsucho 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 183,013 / m² – JPY 314,600 / m²JPY 183.013K / m² – JPY 314.6K / m²
Average transaction price
JPY 253,092 / m²JPY 253.092K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 11.8MJPY 9.15M JPY 15.73M
100.0 m²30.3 tsuboJPY 23.6MJPY 18.3M JPY 31.46M
150.0 m²45.4 tsuboJPY 35.39MJPY 27.45M JPY 47.19M
200.0 m²60.5 tsuboJPY 47.19MJPY 36.6M JPY 62.92M

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
2324
Year20232024
Public transactions1
Indicative
2
Indicative
Official observations11

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

The displayed period change compares transaction medians in 2023 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-0770.0 m²JPY 9MJPY 130,075 / m²JPY 130.075K / m²7.1 mCategory II residential zone
2024-04130.0 m²JPY 31MJPY 235,950 / m²JPY 235.95K / m²10 mCategory II residential zone
2023-0185.0 m²JPY 33MJPY 393,250 / m²JPY 393.25K / m²6.8 mCategory II 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.

Nakatsucho land-price summary

The median published transaction price in Nakatsucho for 2023–2024 is JPY 235,950 / m²JPY 235.95K / m². A 100 m² plot would therefore be about JPY 23.6M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2024.

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 ↗