Land prices / Tokyo / Machida

2023–2025 published land transactions

Okuramachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 164,863 / m²
Median sample 16Five-year sample 30
Estimated price for 99.2 m² (30 tsubo)
JPY 16.35M
Simple estimate using the displayed median
Estimated land + building budget
JPY 55.29M
99.2 m² (30-tsubo) building using the 2025 benchmark

Okuramachi location

Okuramachi 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 141,419 / m² – JPY 180,744 / m²
Average transaction price
JPY 167,320 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 10.9MJPY 9.35M JPY 11.95M
99.2 m²30 tsuboJPY 16.35MJPY 14.03M JPY 17.93M
132.2 m²40 tsuboJPY 21.8MJPY 18.7M JPY 23.9M
165.3 m²50 tsuboJPY 27.25MJPY 23.38M JPY 29.88M

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
2122232425
Year20212022202320242025
Public transactions104
Indicative
7
Indicative
7
Indicative
2
Indicative
Official observations22222

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: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10150.0 m²JPY 10MJPY 66,550 / m²3.5 mResidential use
2025-07570.0 m²JPY 100MJPY 178,475 / m²Not disclosed
2024-10490.0 m²JPY 110MJPY 229,900 / m²35.5 m
2024-10135.0 m²JPY 39MJPY 290,400 / m²8.3 mResidential use
2024-10135.0 m²JPY 23MJPY 169,400 / m²16.3 mResidential use
2024-07200.0 m²JPY 25MJPY 121,000 / m²10 mResidential use
2024-04490.0 m²JPY 72MJPY 148,225 / m²35.5 m
2024-04240.0 m²JPY 36MJPY 148,225 / m²17.8 m
2024-01135.0 m²JPY 23MJPY 169,400 / m²11.2 mResidential use
2023-10310.0 m²JPY 58MJPY 187,550 / m²27.6 mResidential use
2023-10210.0 m²JPY 24MJPY 114,950 / m²13 m
2023-07130.0 m²JPY 22MJPY 169,400 / m²Not disclosedResidential use
2023-04390.0 m²JPY 62MJPY 160,325 / m²22.5 mResidential use
2023-04250.0 m²JPY 40MJPY 160,325 / m²17.5 mResidential use
2023-01135.0 m²JPY 33MJPY 248,050 / m²12.2 mResidential use
2023-01190.0 m²JPY 22MJPY 114,950 / m²14 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.

Okuramachi land-price summary

The median published transaction price in Okuramachi for 2023–2025 is JPY 164,863 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 16.35M 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 ↗