Land prices / Tokyo / Itabashi City

2024 published land transactions

Naka-Cho land prices and price trends

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

Median transaction price per m² (2024)
JPY 665,500 / m²JPY 665.5K / m²
Median sample 7Five-year sample 17
Estimated price for 100 m²
JPY 66.55M
Simple estimate using the displayed median
Estimated land + building budget
JPY 105.81M
100 m² building using the 2025 benchmark

Naka-Cho location

Naka-Cho 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 (2024)

Middle 50% price range
JPY 559,625 / m² – JPY 695,750 / m²JPY 559.625K / m² – JPY 695.75K / m²
Average transaction price
JPY 648,214 / m²JPY 648.214K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 33.28MJPY 27.98M JPY 34.79M
100.0 m²30.3 tsuboJPY 66.55MJPY 55.96M JPY 69.58M
150.0 m²45.4 tsuboJPY 99.83MJPY 83.94M JPY 104.36M
200.0 m²60.5 tsuboJPY 133.1MJPY 111.93M JPY 139.15M

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
21222324
Year2021202220232024
Public transactions5
Indicative
4
Indicative
1
Indicative
7
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-0790.0 m²JPY 55MJPY 605,000 / m²JPY 605K / m²7.6 mResidential use
2024-0465.0 m²JPY 53MJPY 847,000 / m²JPY 847K / m²9.5 mResidential use
2024-0490.0 m²JPY 49MJPY 514,250 / m²JPY 514.25K / m²Not disclosedResidential use
2024-0190.0 m²JPY 60MJPY 695,750 / m²JPY 695.75K / m²5.1 mResidential use
2024-0180.0 m²JPY 54MJPY 665,500 / m²JPY 665.5K / m²8.7 m
2024-0180.0 m²JPY 54MJPY 695,750 / m²JPY 695.75K / m²7.7 m
2024-0180.0 m²JPY 40MJPY 514,250 / m²JPY 514.25K / m²7.7 mResidential use

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.

Naka-Cho land-price summary

The median published transaction price in Naka-Cho for 2024 is JPY 665,500 / m²JPY 665.5K / m². A 100 m² plot would therefore be about JPY 66.55M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗