Land prices / Tokyo / Machida

2024 published land transactions

Shimoyamadamachi land prices and price trends

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

Median transaction price per m² (2024)
JPY 114,950 / m²JPY 114.95K / m²
Median sample 7Five-year sample 16
Estimated price for 100 m²
JPY 11.5M
Simple estimate using the displayed median
Estimated land + building budget
JPY 50.76M
100 m² building using the 2025 benchmark

Shimoyamadamachi location

Shimoyamadamachi 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 56,568 / m² – JPY 128,563 / m²JPY 56.568K / m² – JPY 128.563K / m²
Average transaction price
JPY 90,707 / m²JPY 90.707K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 5.75MJPY 2.83M JPY 6.43M
100.0 m²30.3 tsuboJPY 11.5MJPY 5.66M JPY 12.86M
150.0 m²45.4 tsuboJPY 17.24MJPY 8.49M JPY 19.28M
200.0 m²60.5 tsuboJPY 22.99MJPY 11.31M JPY 25.71M

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 transactions1
Indicative
5
Indicative
3
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
2024-10130.0 m²JPY 15MJPY 114,950 / m²JPY 114.95K / m²9.1 mResidential use
2024-10260.0 m²JPY 6.7MJPY 25,410 / m²JPY 25.41K / m²10.8 m
2024-10570.0 m²JPY 6MJPY 10,588 / m²JPY 10.588K / m²23 m
2024-07165.0 m²JPY 23MJPY 139,150 / m²JPY 139.15K / m²10.5 m
2024-07150.0 m²JPY 20MJPY 133,100 / m²JPY 133.1K / m²8 mResidential use
2024-07185.0 m²JPY 16MJPY 87,725 / m²JPY 87.725K / m²11 m
2024-01200.0 m²JPY 25MJPY 124,025 / m²JPY 124.025K / m²14.3 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.

Shimoyamadamachi land-price summary

The median published transaction price in Shimoyamadamachi for 2024 is JPY 114,950 / m²JPY 114.95K / m². A 100 m² plot would therefore be about JPY 11.5M 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 ↗