Nara Apartment market overview [Show ]

The average price of a sq.m Apartment of Nara was 195,039 JPY/sq.m, and the median price was 166,666 JPY/sq.m.

The highest Apartment market value is Kintetsu at 172,380 JPY/sq.m. On the other hand, those with the lowest market value is JR at 141,742 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Ikoma-Gun at -77.5% (The rate of decline after 30 years). On the other hand, market values along the Kashiba-Shi was the most resistant to decline at -51.6% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the JR at -66.3% (The rate of decline after 30 years). On the other hand, market values along the Kintetsu was the most resistant to decline at -62.8% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 2,999 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Nara-Shi [Land utilization ]14,507,178 JPY201,254 JPY/sq.m
Yamatotakada-Shi [Land utilization ]7,976,829 JPY117,695 JPY/sq.m
Yamatokoriyama-Shi [Land utilization ]13,583,333 JPY195,006 JPY/sq.m
Tenri-Shi [Land utilization ]9,337,143 JPY142,362 JPY/sq.m
Kashihara-Shi [Land utilization ]12,137,500 JPY172,465 JPY/sq.m
Sakurai-Shi [Land utilization ]9,367,857 JPY133,694 JPY/sq.m
Ikoma-Shi [Land utilization ]18,040,298 JPY260,775 JPY/sq.m
Kashiba-Shi [Land utilization ]16,666,667 JPY228,772 JPY/sq.m
Katsuragi-Shi [Land utilization ]8,322,222 JPY118,701 JPY/sq.m
Uda-Shi [Land utilization ]10,978,947 JPY170,468 JPY/sq.m
Ikoma-Gun [Land utilization ]10,374,074 JPY145,574 JPY/sq.m
Shiki-Gun [Land utilization ]13,833,333 JPY186,286 JPY/sq.m
Kitakatsuragi-Gun [Land utilization ]13,139,216 JPY183,403 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]11,058,252 JPY159,979 JPY/sq.m
Kintetsu [Land utilization ]14,385,097 JPY202,901 JPY/sq.m