Nara Apartment average value

Price 207,935 JPY/sq.m
- Age 22.6 years old
- Dist. from Sta. 9.5 min walk
- Property area 69.2 sq.m
The market price of Nara Apartment is 207,935 JPY/sq.m, and the median price is 185,714 JPY/sq.m.

The average unit price of Apartment in 2020 was decreased -2.1% (-4,443JPY/sq.m) compared with 2019.

Data regarding the market value and its changes were calculated using data on the sales of 5,143 properties provided by the MLIT, Japan.

Nara Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Nara-Shi15,950,948 JPY225,491 JPY/sq.m2,362 件
Yamatotakada-Shi8,871,304 JPY129,956 JPY/sq.m411 件
Yamatokoriyama-Shi14,659,770 JPY198,765 JPY/sq.m277 件
Tenri-Shi10,929,167 JPY162,777 JPY/sq.m123 件
Kashihara-Shi14,008,228 JPY201,107 JPY/sq.m477 件
Sakurai-Shi10,897,143 JPY154,883 JPY/sq.m163 件
Ikoma-Shi14,579,639 JPY204,146 JPY/sq.m809 件
Kashiba-Shi17,170,968 JPY242,238 JPY/sq.m157 件
Katsuragi-Shi8,886,792 JPY127,318 JPY/sq.m53 件
Uda-Shi10,976,000 JPY170,709 JPY/sq.m25 件
Ikoma-Gun11,718,518 JPY162,525 JPY/sq.m54 件
Shiki-Gun11,975,000 JPY164,330 JPY/sq.m8 件
Kitakatsuragi-Gun16,640,000 JPY248,139 JPY/sq.m222 件
Yoshino-Gun255,000 JPY5,100 JPY/sq.m2 件
StationsAverage Trading PriceAverage Unit Price#
JR13,614,842 JPY203,125 JPY/sq.m1,085 件
・和歌山線12,670,330 JPY185,755 JPY/sq.m356 件
・大和路線15,318,831 JPY230,614 JPY/sq.m639 件
・奈良線14,184,351 JPY220,158 JPY/sq.m350 件
・桜井線11,833,409 JPY182,656 JPY/sq.m718 件
Kintetsu15,104,513 JPY212,740 JPY/sq.m4,317 件
・けいはんな線19,780,464 JPY276,952 JPY/sq.m574 件
・京都線22,382,954 JPY300,863 JPY/sq.m283 件
・南大阪線10,155,128 JPY146,813 JPY/sq.m259 件
・吉野線13,307,736 JPY186,361 JPY/sq.m146 件
・大阪線13,377,064 JPY191,150 JPY/sq.m781 件
・天理線10,812,000 JPY161,189 JPY/sq.m124 件
・奈良線16,152,524 JPY227,733 JPY/sq.m2,208 件
・御所線6,401,961 JPY95,125 JPY/sq.m51 件
・橿原線17,406,637 JPY243,336 JPY/sq.m730 件
・生駒ケーブル線5,977,778 JPY89,611 JPY/sq.m9 件
・生駒線14,515,193 JPY216,478 JPY/sq.m719 件
・田原本線13,763,158 JPY184,524 JPY/sq.m38 件

Nara Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New488,406 JPY/sq.m100 %
Residual Value (10 Years)324,311 JPY/sq.m66 %
Residual Value (20 Years)208,988 JPY/sq.m43 %
Residual Value (20 Years)142,439 JPY/sq.m29 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Nara Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Nara Apartment that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Nara 奈良市 大森町 (N/A N/A 8.0 min walk)
23.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   92,857 JPY/sq.m

2. Nara Kashihara-Shi 栄和町 (Kashihara-Shi Kashiharajinnguumae 8.0 min walk)
23.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

3. Nara Nara-Shi 北市町 (Nara-Shi Kinntetsunara 8.0 min walk)
23.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2014-06-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   342,857 JPY/sq.m

4. Nara Nara-Shi 大森町 (Nara-Shi Nara 8.0 min walk)
23.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-06-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   215,385 JPY/sq.m

5. Nara Kashihara-Shi 栄和町 (Kashihara-Shi Kashiharajinnguumae 8.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK+S , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   142,857 JPY/sq.m

6. Nara Ikoma-Shi 谷田町 (Ikoma-Shi Ikoma 8.0 min walk)
23.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2010-12-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   133,333 JPY/sq.m

7. Nara Nara-Shi 大森町 (Nara-Shi Nara 8.0 min walk)
23.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

8. Nara Kashihara-Shi 中曽司町 (Kashihara-Shi Masuga 8.0 min walk)
23.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-12-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   146,667 JPY/sq.m

9. Nara Nara-Shi あやめ池南 (Nara-Shi Ayameike 8.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2020-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

10. Nara Nara-Shi 杉ケ町 (Nara-Shi Nara 8.0 min walk)
24.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

11. Nara Nara-Shi 百楽園 (Nara-Shi Gakuennmae 8.0 min walk)
24.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   200,000 JPY/sq.m

12. Nara Ikoma-Shi 東旭ケ丘 (Ikoma-Shi Nabata 8.0 min walk)
24.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-03-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   185,714 JPY/sq.m

13. Nara Nara-Shi 大森町 (Nara-Shi Nara 8.0 min walk)
23.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   9,600,000 JPY,    Unit price:   147,692 JPY/sq.m

14. Nara Ikoma-Shi 山崎町 (Ikoma-Shi Nabata 8.0 min walk)
23.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2018-03-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   169,231 JPY/sq.m

15. Nara Tenri-Shi 二階堂上ノ庄町 (Tenri-Shi Nikaidou 8.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2013-12-01 00:00:00

Trading price:   4,800,000 JPY,    Unit price:   73,846 JPY/sq.m

16. Nara Nara-Shi 大宮町 (Nara-Shi Shinnoomiya 8.0 min walk)
24.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-06-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   257,143 JPY/sq.m

17. Nara Ikoma-Shi 谷田町 (Ikoma-Shi Ikoma 8.0 min walk)
24.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2011-06-01 00:00:00

Trading price:   6,100,000 JPY,    Unit price:   81,333 JPY/sq.m

18. Nara Nara-Shi 法蓮町 (Nara-Shi Shinnoomiya 8.0 min walk)
24.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   292,308 JPY/sq.m

19. Nara Yamatokoriyama-Shi 九条町 (Yamatokoriyama-Shi Kujou 8.0 min walk)
22.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Structure: RC
- Trading date: 2018-12-01 00:00:00

Trading price:   8,100,000 JPY,    Unit price:   124,615 JPY/sq.m

20. Nara Kashihara-Shi 法花寺町 (Kashihara-Shi Miminashi 8.0 min walk)
24.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   115,385 JPY/sq.m

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

The table below shows Apartment dealt in Nara, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Nara

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
西区 西町南 (62) [Area]14,000,000207,692 JPY/sq.m26.3 yrs9 min65 sq.m
川越市 大字大袋新田 (12) [Area]13,000,000207,692 JPY/sq.m26.0 yrs11 min62 sq.m
春日市 光町 (2) [Area]13,500,000207,692 JPY/sq.m23.1 yrs11 min65 sq.m
山科区 音羽前出町 (14) [Area]12,500,000208,334 JPY/sq.m24.0 yrs10 min60 sq.m
河内長野市 木戸西町 (12) [Area]13,500,000208,334 JPY/sq.m20.3 yrs10 min67 sq.m
Keisei Chiba Line Keiseiinage (48) [Stations]16,000,000208,334 JPY/sq.m24.0 yrs9 min70 sq.m
JR Sobu Main Line Yotsukaidou (233) [Stations]14,000,000206,666 JPY/sq.m22.9 yrs10 min65 sq.m
Sapporo Subway Toho Line Kannjoudoorihigashi (212) [Stations]14,500,000206,250 JPY/sq.m24.5 yrs8 min75 sq.m
Meitetsu Toyota Line Nisshinn (300) [Stations]15,000,000205,556 JPY/sq.m22.5 yrs11 min75 sq.m
Nagoya Subway Tsurumai Line Shiogamaguchi (125) [Stations]15,000,000205,263 JPY/sq.m18.5 yrs9 min70 sq.m