Tochigi Apartment market overview [Show ]

The average price of a sq.m Apartment of Tochigi was 171,765 JPY/sq.m, and the median price was 150,000 JPY/sq.m.

The highest Apartment market value is Shinkansen at 166,666 JPY/sq.m. On the other hand, those with the lowest market value is JR at 144,444 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Nasushiobara-Shi at -68.3% (The rate of decline after 30 years). On the other hand, market values along the Oyama-Shi was the most resistant to decline at -52.6% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Tobu at -56.5% (The rate of decline after 30 years). On the other hand, market values along the Shinkansen was the most resistant to decline at -56.0% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 1,220 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Utsunomiya-Shi [Land utilization ]11,925,185 JPY190,169 JPY/sq.m
Ashikaga-Shi [Land utilization ]6,471,667 JPY112,073 JPY/sq.m
Tochigi-Shi [Land utilization ]18,600,000 JPY234,842 JPY/sq.m
Sano-Shi [Land utilization ]8,250,000 JPY116,326 JPY/sq.m
Kanuma-Shi [Land utilization ]20,500,000 JPY276,427 JPY/sq.m
Oyama-Shi [Land utilization ]10,660,784 JPY159,357 JPY/sq.m
Nasushiobara-Shi [Land utilization ]6,635,849 JPY124,845 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]10,096,469 JPY167,367 JPY/sq.m
Shinkansen [Land utilization ]11,235,045 JPY184,804 JPY/sq.m
Tobu [Land utilization ]12,418,952 JPY183,054 JPY/sq.m