Land prices / Wakayama / Iwade
2023–2025 published land transactionsNishikokubu land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishikokubu, Iwade. It does not limit transactions by the buyer's intended use.
Nishikokubu location
Nishikokubu location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 1.26M | JPY 858,344JPY 858.344K – JPY 1.65M |
| 100.0 m² | 30.3 tsubo | JPY 2.53M | JPY 1.72M – JPY 3.3M |
| 150.0 m² | 45.4 tsubo | JPY 3.79M | JPY 2.58M – JPY 4.96M |
| 200.0 m² | 60.5 tsubo | JPY 5.05M | JPY 3.43M – JPY 6.61M |
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
The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-07 | 490.0 m² | JPY 10M | JPY 20,570 / m²JPY 20.57K / m² | 9.5 m | Non-line-delineated city-planning area |
| 2025-01 | 290.0 m² | JPY 2M | JPY 6,958 / m²JPY 6.958K / m² | 48 m | Non-line-delineated city-planning area |
| 2023-07 | 310.0 m² | JPY 9.2M | JPY 29,948 / m²JPY 29.948K / m² | 12 m | Non-line-delineated city-planning area |
| 2023-07 | 165.0 m² | JPY 7M | JPY 42,350 / m²JPY 42.35K / m² | 17.1 m | Non-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.
Nishikokubu land-price summary
The median published transaction price in Nishikokubu for 2023–2025 is JPY 25,259 / m²JPY 25.259K / m². A 100 m² plot would therefore be about JPY 2.53M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.