Land prices / Tochigi / Kanuma

2023–2025 published land transactions

Muraimachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 13,915 / m²JPY 13.915K / m²
Median sample 5Five-year sample 11
Estimated price for 100 m²
JPY 1.39M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.33M
100 m² building using the 2025 benchmark

Muraimachi location

Muraimachi 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 5,748 / m² – JPY 25,410 / m²JPY 5.748K / m² – JPY 25.41K / m²
Average transaction price
JPY 16,517 / m²JPY 16.517K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 695,750JPY 695.75KJPY 287,375JPY 287.375K JPY 1.27M
100.0 m²30.3 tsuboJPY 1.39MJPY 574,750JPY 574.75K JPY 2.54M
150.0 m²45.4 tsuboJPY 2.09MJPY 862,125JPY 862.125K JPY 3.81M
200.0 m²60.5 tsuboJPY 2.78MJPY 1.15M JPY 5.08M

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
21222325
Year2021202220232025
Public transactions2
Indicative
4
Indicative
4
Indicative
1
Indicative
Official observations1111

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: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-01350.0 m²JPY 8.8MJPY 25,410 / m²JPY 25.41K / m²20.5 mResidential use
2023-10185.0 m²JPY 5.9MJPY 33,275 / m²JPY 33.275K / m²19.5 mResidential use
2023-049999.0 m²JPY 13MJPY 5,748 / m²JPY 5.748K / m²Not disclosed
2023-041500.0 m²JPY 6.5MJPY 4,235 / m²JPY 4.235K / m²35 m
2023-0165.0 m²JPY 940,000JPY 940KJPY 13,915 / m²JPY 13.915K / m²Not disclosed

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.

Muraimachi land-price summary

The median published transaction price in Muraimachi for 2023–2025 is JPY 13,915 / m²JPY 13.915K / m². A 100 m² plot would therefore be about JPY 1.39M 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 ↗