Land prices / Tochigi / Nikko

2023–2025 published land transactions

Myojin land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 756 / m²
Median sample 10Five-year sample 12
Estimated price for 100 m²
JPY 75,625
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.01M
100 m² building using the 2025 benchmark

Myojin location

Myojin 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 499 / m² – JPY 3,365 / m²
Average transaction price
JPY 3,094 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 37,813JPY 24,956 JPY 168,266
100.0 m²30.3 tsuboJPY 75,625JPY 49,913 JPY 336,531
150.0 m²45.4 tsuboJPY 113,438JPY 74,869 JPY 504,797
200.0 m²60.5 tsuboJPY 151,250JPY 99,825 JPY 673,063

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 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07280.0 m²JPY 1MJPY 3,630 / m²Not disclosedOffice use
2025-07280.0 m²JPY 10,000JPY 36 / m²12 mResidential use
2024-10340.0 m²JPY 5,000JPY 15 / m²16 m
2024-07145.0 m²JPY 100,000JPY 696 / m²12 m
2024-07155.0 m²JPY 100,000JPY 635 / m²12.4 m
2024-01230.0 m²JPY 600,000JPY 2,571 / m²11 m
2023-101000.0 m²JPY 17MJPY 17,243 / m²21 m
2023-10120.0 m²JPY 560,000JPY 4,840 / m²8.5 mOther
2023-07250.0 m²JPY 200,000JPY 817 / m²15 m
2023-04260.0 m²JPY 120,000JPY 454 / m²9.5 mOther

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.

Myojin land-price summary

The median published transaction price in Myojin for 2023–2025 is JPY 756 / m². A 100 m² plot would therefore be about JPY 75,625 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 ↗