Nara — Nara City — property transactions and local prices

Based on published MLIT transaction data, Nara — Nara City transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 618 records

Median sale price
JPY 21,000,000
Median price per m²
JPY 88,000/㎡

Valid prices: 618 records/Valid unit prices: 618 records

Land and building

Transactions: 981 records

Median sale price
JPY 27,000,000
Median price per m²
—

Valid prices: 981 records/Valid unit prices: 0 records

Condominium

Transactions: 543 records

Median sale price
JPY 19,000,000
Median price per m²
—

Valid prices: 543 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 158 records/JPY 95,000/㎡ 316 records/— 174 records/—
2024 227 records/JPY 87,000/㎡ 325 records/— 168 records/—
2023 233 records/JPY 82,000/㎡ 340 records/— 201 records/—
2022 181 records/JPY 93,000/㎡ 388 records/— 175 records/—
2021 254 records/JPY 86,000/㎡ 394 records/— 214 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 76,000/㎡ (Valid: 213 records)
2017
JPY 71,000/㎡ (Valid: 165 records)
2018
JPY 77,000/㎡ (Valid: 213 records)
2019
JPY 79,000/㎡ (Valid: 242 records)
2020
JPY 86,000/㎡ (Valid: 227 records)
2021
JPY 86,000/㎡ (Valid: 254 records)
2022
JPY 93,000/㎡ (Valid: 181 records)
2023
JPY 82,000/㎡ (Valid: 233 records)
2024
JPY 87,000/㎡ (Valid: 227 records)
2025
JPY 95,000/㎡ (Valid: 158 records)

Land and building: — median sale price

2016
JPY 24,000,000 (Valid: 401 records)
2017
JPY 25,000,000 (Valid: 373 records)
2018
JPY 25,000,000 (Valid: 342 records)
2019
JPY 26,000,000 (Valid: 435 records)
2020
JPY 26,000,000 (Valid: 439 records)
2021
JPY 26,000,000 (Valid: 394 records)
2022
JPY 26,000,000 (Valid: 388 records)
2023
JPY 29,000,000 (Valid: 340 records)
2024
JPY 25,000,000 (Valid: 325 records)
2025
JPY 27,000,000 (Valid: 316 records)

Condominium: — median sale price

2016
JPY 14,000,000 (Valid: 185 records)
2017
JPY 15,000,000 (Valid: 185 records)
2018
JPY 15,000,000 (Valid: 215 records)
2019
JPY 12,000,000 (Valid: 227 records)
2020
JPY 13,000,000 (Valid: 199 records)
2021
JPY 17,000,000 (Valid: 214 records)
2022
JPY 18,000,000 (Valid: 175 records)
2023
JPY 18,000,000 (Valid: 201 records)
2024
JPY 19,000,000 (Valid: 168 records)
2025
JPY 21,500,000 (Valid: 174 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.