Land prices / Wakayama / Katsuragi-Town

2023–2025 published land transactions

Otani land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 22,083 / m²JPY 22.083K / m²
Median sample 4Five-year sample 6
Estimated price for 100 m²
JPY 2.21M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.48M
100 m² building using the 2025 benchmark

Otani location

Otani 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 (2023–2025)

Middle 50% price range
JPY 16,259 / m² – JPY 27,376 / m²JPY 16.259K / m² – JPY 27.376K / m²
Average transaction price
JPY 21,553 / m²JPY 21.553K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.1MJPY 812,969JPY 812.969K JPY 1.37M
100.0 m²30.3 tsuboJPY 2.21MJPY 1.63M JPY 2.74M
150.0 m²45.4 tsuboJPY 3.31MJPY 2.44M JPY 4.11M
200.0 m²60.5 tsuboJPY 4.42MJPY 3.25M JPY 5.48M

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

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2022 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10560.0 m²JPY 8MJPY 14,218 / m²JPY 14.218K / m²18 mNon-line-delineated city-planning area
2025-0460.0 m²JPY 1MJPY 16,940 / m²JPY 16.94K / m²Not disclosedNon-line-delineated city-planning area
2024-04230.0 m²JPY 6.2MJPY 27,225 / m²JPY 27.225K / m²13.5 mNon-line-delineated city-planning area
2023-019999.0 m²JPY 80MJPY 27,830 / m²JPY 27.83K / m²9999.9 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.

Otani land-price summary

The median published transaction price in Otani for 2023–2025 is JPY 22,083 / m²JPY 22.083K / m². A 100 m² plot would therefore be about JPY 2.21M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 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 ↗