Tochigi Apartment market overview [Show ]

The average price of a sq.m Apartment of Tochigi was 177,139 JPY/sq.m, and the median price was 152,380 JPY/sq.m.

The highest Apartment market value is Tobu at 173,333 JPY/sq.m. On the other hand, those with the lowest market value is JR at 142,857 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Ashikaga-Shi at -69.7% (The rate of decline after 30 years). On the other hand, market values along the Utsunomiya-Shi was the most resistant to decline at -54.7% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the JR at -58.8% (The rate of decline after 30 years). On the other hand, market values along the Tobu was the most resistant to decline at -52.4% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 1,256 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Utsunomiya-Shi [Land utilization ]12,442,308 JPY196,128 JPY/sq.m
Ashikaga-Shi [Land utilization ]6,966,667 JPY119,696 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 ]11,159,184 JPY161,544 JPY/sq.m
Nasushiobara-Shi [Land utilization ]6,376,000 JPY119,427 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]10,622,043 JPY171,503 JPY/sq.m
Shinkansen [Land utilization ]11,837,260 JPY189,425 JPY/sq.m
Tobu [Land utilization ]13,092,233 JPY194,596 JPY/sq.m