Land prices / Wakayama / Tanabe

2023 published land transactions

Nakahechicho-Kawai land prices and price trends

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

Median transaction price per m² (2023)
JPY 484 / m²
Median sample 3Five-year sample 5
Estimated price for 100 m²
JPY 48,400JPY 48.4K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.32M
100 m² building using the 2025 benchmark

Nakahechicho-Kawai location

Nakahechicho-Kawai 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)

Middle 50% price range
JPY 484 / m² – JPY 1,165 / m²JPY 484 / m² – JPY 1.165K / m²
Average transaction price
JPY 938 / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 24,200JPY 24.2KJPY 24,200JPY 24.2K JPY 58,231JPY 58.231K
100.0 m²30.3 tsuboJPY 48,400JPY 48.4KJPY 48,400JPY 48.4K JPY 116,463JPY 116.463K
150.0 m²45.4 tsuboJPY 72,600JPY 72.6KJPY 72,600JPY 72.6K JPY 174,694JPY 174.694K
200.0 m²60.5 tsuboJPY 96,800JPY 96.8KJPY 96,800JPY 96.8K JPY 232,925JPY 232.925K

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 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-01660.0 m²JPY 1.2MJPY 1,845 / m²JPY 1.845K / m²Not disclosedOutside a city-planning area
2023-01820.0 m²JPY 380,000JPY 380KJPY 484 / m²Not disclosedOutside a city-planning area
2023-01120.0 m²JPY 57,000JPY 57KJPY 484 / m²Not disclosedOutside 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.

Nakahechicho-Kawai land-price summary

The median published transaction price in Nakahechicho-Kawai for 2023 is JPY 484 / m². A 100 m² plot would therefore be about JPY 48,400JPY 48.4K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

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 ↗