Land prices / Wakayama / Nachikatsura

2023–2025 published land transactions

Shimosato land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 5,445 / m²JPY 5.445K / m²
Median sample 4Five-year sample 8
Estimated price for 100 m²
JPY 544,500JPY 544.5K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.81M
100 m² building using the 2025 benchmark

Shimosato location

Shimosato 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 2,753 / m² – JPY 7,638 / m²JPY 2.753K / m² – JPY 7.638K / m²
Average transaction price
JPY 4,946 / m²JPY 4.946K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 272,250JPY 272.25KJPY 137,638JPY 137.638K JPY 381,906JPY 381.906K
100.0 m²30.3 tsuboJPY 544,500JPY 544.5KJPY 275,275JPY 275.275K JPY 763,813JPY 763.813K
150.0 m²45.4 tsuboJPY 816,750JPY 816.75KJPY 412,913JPY 412.913K JPY 1.15M
200.0 m²60.5 tsuboJPY 1.09MJPY 550,550JPY 550.55K JPY 1.53M

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 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07300.0 m²JPY 1MJPY 3,328 / m²JPY 3.328K / m²29 mOutside a city-planning area
2025-04400.0 m²JPY 3MJPY 7,563 / m²JPY 7.563K / m²11 mOutside a city-planning area
2023-04190.0 m²JPY 1.5MJPY 7,865 / m²JPY 7.865K / m²11 mOutside a city-planning area
2023-04440.0 m²JPY 450,000JPY 450KJPY 1,029 / m²JPY 1.029K / m²26 mOutside a 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.

Shimosato land-price summary

The median published transaction price in Shimosato for 2023–2025 is JPY 5,445 / m²JPY 5.445K / m². A 100 m² plot would therefore be about JPY 544,500JPY 544.5K 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 ↗