Land prices / Tochigi / Otawara

2021–2023 published land transactions

Wakakusa land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 25,713 / m²JPY 25.713K / m²
Median sample 5Five-year sample 5
Estimated price for 100 m²
JPY 2.57M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.51M
100 m² building using the 2025 benchmark

Wakakusa location

Wakakusa 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 (2021–2023)

Middle 50% price range
JPY 5,748 / m² – JPY 28,738 / m²JPY 5.748K / m² – JPY 28.738K / m²
Average transaction price
JPY 18,513 / m²JPY 18.513K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.29MJPY 287,375JPY 287.375K JPY 1.44M
100.0 m²30.3 tsuboJPY 2.57MJPY 574,750JPY 574.75K JPY 2.87M
150.0 m²45.4 tsuboJPY 3.86MJPY 862,125JPY 862.125K JPY 4.31M
200.0 m²60.5 tsuboJPY 5.14MJPY 1.15M JPY 5.75M

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

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10175.0 m²JPY 1MJPY 5,748 / m²JPY 5.748K / m²15 mWarehouse
2022-10220.0 m²JPY 6.3MJPY 28,738 / m²JPY 28.738K / m²14 mResidential use
2022-07220.0 m²JPY 6.3MJPY 28,738 / m²JPY 28.738K / m²14 mResidential use
2022-04260.0 m²JPY 6.6MJPY 25,713 / m²JPY 25.713K / m²13 mResidential use
2021-10590.0 m²JPY 2.1MJPY 3,630 / m²JPY 3.63K / m²12 m

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.

Wakakusa land-price summary

The median published transaction price in Wakakusa for 2021–2023 is JPY 25,713 / m²JPY 25.713K / m². A 100 m² plot would therefore be about JPY 2.57M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗