Motomachi, Naka Ward, Yokohama City: property prices and land values

元町(中区)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥451K/m²
≈ $265/sq ft · 1 sites
#3 of 18 neighborhoods
Avg. commercial land price
¥2.01M/m²
≈ $1,180/sq ft · 1 sites
1-year change
+4.3%
Residential +6.1% · commercial +2.6%
5 years / 10 years
+14.8% / +29.0%
Same sites, chained
Pre-owned condos per m²
¥1.41M/m²
70 m² ≈ ¥98.7M · 8 sales
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥0/m²¥500K/m²¥1.00M/m²¥1.50M/m²¥2.00M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+2.6% a year
¥451K/m²¥463K/m²¥487K/m²¥513K/m²¥583K/m²

Forecasts are projections, not guarantees. 10-year range: ¥478K/m²–¥688K/m²

Motomachi, Naka Ward, Yokohama City compared with larger areas

AreaAvg. residential≈ USD/sq ftMotomachi, Naka Ward, Yokohama City is1 year5 yearsCondos per m²Index
Motomachi, Naka Ward, Yokohama City ¥451K/m²$265/sq ft +4.3%+14.8% ¥1.41M/m²—
Naka Ward, Yokohama City ¥406K/m²$238/sq ft 1.1x+9.7%+34.8% ¥833K/m²96
Yokohama City ¥268K/m²$158/sq ft 1.7x+4.6%+18.0% ¥547K/m²—
Kanagawa ¥218K/m²$128/sq ft 2.1x+4.2%+15.8% ¥520K/m²94
Japan ¥120K/m²$70/sq ft 3.8x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
神奈川県 横浜市中区元町3丁目118番ロ外
Land Price Publication 2026
Commercial¥2.01M/m²$1,180/sq ft +2.6%元町・中華街
350 m
神奈川県 横浜市中区元町1丁目68番1外
Land Price Publication 2026
Residential¥451K/m²$265/sq ft +6.1%元町・中華街
290 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 10 sales

Condos per m² (median)
¥1.41M/m²
Condo price (median)
¥53.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 16 · Land & building 5

DistrictPeriodTypePriceAreaBuiltPer m²
MotomachiQ2 2026Land & building ¥34.0M40 m²1963—
MotomachiQ1 2026Land & building ¥73.0M210 m²——
MotomachiQ4 2025Pre-owned condo (contract) ¥48.0M40 m²2021¥1.20M/m²
MotomachiQ3 2025Pre-owned condo (contract) ¥58.0M40 m²2016¥1.45M/m²
MotomachiQ3 2025Pre-owned condo (contract) ¥120.0M70 m²2021¥1.71M/m²
MotomachiQ3 2025Pre-owned condo ¥58.0M35 m²2016¥1.66M/m²
MotomachiQ3 2025Pre-owned condo ¥120.0M60 m²2021¥2.00M/m²
MotomachiQ2 2025Pre-owned condo ¥27.0M30 m²2003¥900K/m²
MotomachiQ1 2025Pre-owned condo ¥21.0M20 m²2003¥1.05M/m²
MotomachiQ1 2025Pre-owned condo (contract) ¥48.0M35 m²2021¥1.37M/m²
MotomachiQ4 2024Pre-owned condo (contract) ¥59.0M45 m²2016¥1.31M/m²
MotomachiQ4 2024Pre-owned condo ¥59.0M40 m²2016¥1.48M/m²
MotomachiQ4 2024Pre-owned condo ¥17.0M25 m²1986¥680K/m²
MotomachiQ3 2024Pre-owned condo (contract) ¥210.0M100 m²2021¥2.10M/m²
MotomachiQ3 2024Pre-owned condo (contract) ¥61.0M55 m²2021¥1.11M/m²
MotomachiQ3 2024Land & building ¥130.0M55 m²1963—
MotomachiQ3 2024Land & building ¥660.0M170 m²2013—
MotomachiQ1 2024Pre-owned condo ¥100.0M60 m²2021¥1.67M/m²
MotomachiQ4 2023Pre-owned condo (contract) ¥49.0M40 m²2016¥1.23M/m²
MotomachiQ4 2023Pre-owned condo (contract) ¥100.0M70 m²2021¥1.43M/m²

Nearby neighborhoods

FAQ

What is the average land price in Motomachi, Naka Ward, Yokohama City?

The average price of residential land in Motomachi, Naka Ward, Yokohama City is ¥451,000 per m² (about ¥1,490,909 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Motomachi, Naka Ward, Yokohama City going up?

Land prices in Motomachi, Naka Ward, Yokohama City have risen by +4.3% on average over the past year. Over five years the change is +14.8%.

How much do pre-owned condos cost in Motomachi, Naka Ward, Yokohama City?

The median price of pre-owned condo transactions in the last two years is ¥1,410,714 per m², with a median price of ¥53.0 million (8 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Motomachi, Naka Ward, Yokohama City?

The Fudosan Zukan model projects residential land prices to change by +2.6% a year, reaching about ¥583,232 per m² in 10 years (range ¥478,250–¥688,214). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥158.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.