Land prices / Wakayama / Iwade

2022–2024 published land transactions

Kanaike land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 55,963 / m²JPY 55.963K / m²
Median sample 6Five-year sample 11
Estimated price for 100 m²
JPY 5.6M
Simple estimate using the displayed median
Estimated land + building budget
JPY 42.86M
100 m² building using the 2025 benchmark

Kanaike location

Kanaike 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 (2022–2024)

Middle 50% price range
JPY 49,913 / m² – JPY 57,475 / m²JPY 49.913K / m² – JPY 57.475K / m²
Average transaction price
JPY 48,400 / m²JPY 48.4K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.8MJPY 2.5M JPY 2.87M
100.0 m²30.3 tsuboJPY 5.6MJPY 4.99M JPY 5.75M
150.0 m²45.4 tsuboJPY 8.39MJPY 7.49M JPY 8.62M
200.0 m²60.5 tsuboJPY 11.19MJPY 9.98M JPY 11.5M

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
212224
Year202120222024
Public transactions5
Indicative
5
Indicative
1
Indicative
Official observations111

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 (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-01490.0 m²JPY 3MJPY 6,050 / m²JPY 6.05K / m²23.8 mNon-line-delineated city-planning area
2022-10155.0 m²JPY 8.6MJPY 54,450 / m²JPY 54.45K / m²13.1 mNon-line-delineated city-planning area
2022-04200.0 m²JPY 9.9MJPY 48,400 / m²JPY 48.4K / m²Not disclosedNon-line-delineated city-planning area
2022-04175.0 m²JPY 9.9MJPY 57,475 / m²JPY 57.475K / m²Not disclosedNon-line-delineated city-planning area
2022-01165.0 m²JPY 11MJPY 66,550 / m²JPY 66.55K / m²7.3 mNon-line-delineated city-planning area
2022-01140.0 m²JPY 8MJPY 57,475 / m²JPY 57.475K / m²9.3 mNon-line-delineated city-planning area

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.

Kanaike land-price summary

The median published transaction price in Kanaike for 2022–2024 is JPY 55,963 / m²JPY 55.963K / m². A 100 m² plot would therefore be about JPY 5.6M 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 ↗