Nara: property prices and land values

奈良県

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

Avg. residential land price
¥63K/m²
≈ $37/sq ft · 521 sites
#14 of 47 prefectures
Avg. commercial land price
¥174K/m²
≈ $103/sq ft · 121 sites
1-year change
−0.1%
Residential −0.4% · commercial +1.0%
5 years / 10 years
−1.4% / −4.1%
Same sites, chained
Pre-owned condos per m²
¥200K/m²
70 m² ≈ ¥14.0M · 710 sales
Pre-owned houses (median)
¥18.0M
≈ $114K · 1718 sales
Real Estate Zukan Index
42/100
Total real estate value Estimate
¥10.5 trillion
≈ $66.9B · land ¥8.1 trillion + buildings ¥2.4 trillion
#27 of 47 prefectures

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

¥50K/m²¥100K/m²¥150K/m²¥200K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.1% a year
¥63K/m²¥63K/m²¥63K/m²¥63K/m²¥62K/m²

Forecasts are projections, not guarantees. 10-year range: ¥51K/m²–¥74K/m²

Total real estate value of Nara land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥10.5 trillion
≈ $66.9B · 0.76% of Japan
Land (market estimate)
¥8.1 trillion
residential land ¥7.6 trillion
Buildings (assessed)
¥2.4 trillion
712,120 buildings · 90.9 km² floor area
Assessed value (fixed-asset tax)
¥8.2 trillion
land ¥5.9 trillion · buildings ¥2.4 trillion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥5.3 trillion¥7.6 trillion159.1 km²¥48K/m²
Other land
farmland, forest, other
¥557.2 billion¥557.2 billion1,219.4 km²—
Buildings
wooden ¥1.0 trillion · non-wooden ¥1.4 trillion
¥2.4 trillion¥2.4 trillion90.9 km² floor—
Total¥8.2 trillion¥10.5 trillion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Nara compared with larger areas

AreaAvg. residential≈ USD/sq ftNara is1 year5 yearsCondos per m²Index
Nara ¥63K/m²$37/sq ft −0.1%−1.4% ¥200K/m²42
Japan ¥120K/m²$71/sq ft 0.53x+2.1%+8.0% ¥494K/m²—

Municipalities 39 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²SalesTotal value
Nara City
奈良市
¥104K/m² ¥394K/m² +1.8% +7.4% ¥238K/m² 916 ¥3.4 trillion
Yamatotakada City
大和高田市
¥68K/m² ¥107K/m² +0.2% +0.1% ¥120K/m² 156 ¥388.5 billion
Yamatokoriyama City
大和郡山市
¥72K/m² ¥122K/m² +0.3% +2.0% ¥187K/m² 177 ¥724.1 billion
Tenri City
天理市
¥55K/m² ¥106K/m² −0.5% −2.6% ¥105K/m² 114 ¥444.5 billion
Kashihara City
橿原市
¥92K/m² ¥152K/m² +0.6% +2.4% ¥162K/m² 250 ¥961.8 billion
Sakurai City
桜井市
¥50K/m² ¥75K/m² −0.2% −2.5% ¥109K/m² 135 ¥347.6 billion
Gojo City
五條市
¥18K/m² ¥39K/m² −2.8% −11.9% — 26 ¥145.6 billion
Gose City
御所市
¥35K/m² ¥58K/m² −1.0% −4.5% — 38 ¥145.6 billion
Ikoma City
生駒市
¥98K/m² ¥192K/m² +1.2% +4.3% ¥210K/m² 347 ¥1.1 trillion
Kashiba City
香芝市
¥82K/m² ¥150K/m² +0.4% +1.2% ¥263K/m² 145 ¥660.2 billion
Katsuragi City
葛城市
¥55K/m² ¥72K/m² −0.1% −1.7% ¥224K/m² 66 ¥252.5 billion
Uda City
宇陀市
¥22K/m² ¥63K/m² −1.1% −5.0% ¥166K/m² 56 ¥114.7 billion
Yamazoe Village
山添村
¥7,533/m² — −1.7% −8.1% — 1 ¥16.1 billion
Heguri Town
平群町
¥37K/m² ¥60K/m² −1.1% −8.7% — 41 ¥118.8 billion
Sango Town
三郷町
¥41K/m² ¥84K/m² −1.9% −9.7% ¥129K/m² 54 ¥120.4 billion
Ikaruga Town
斑鳩町
¥76K/m² ¥96K/m² ±0.0% −0.7% ¥284K/m² 78 ¥217.1 billion
Ando Town
安堵町
¥42K/m² — −1.4% −4.8% — 11 ¥58.5 billion
Kawanishi Town
川西町
¥50K/m² — −0.5% −0.4% — 21 ¥72.4 billion
Miyake Town
三宅町
¥41K/m² — −1.5% −6.9% — 10 ¥37.6 billion
Tawaramoto Town
田原本町
¥69K/m² ¥70K/m² −0.3% −0.7% — 39 ¥260.3 billion
Soni Village
曽爾村
¥6,210/m² — −2.7% −9.1% — 1 ¥4.4 billion
Mitsue Village
御杖村
¥4,430/m² — −2.2% −10.7% — 9 ¥5.2 billion
Takatori Town
高取町
¥24K/m² — −1.4% −6.9% — 14 ¥34.3 billion
Asuka Village
明日香村
¥44K/m² — −0.5% −2.4% — 6 ¥30.0 billion
Kanmaki Town
上牧町
¥47K/m² ¥75K/m² −1.9% −11.0% ¥112K/m² 60 ¥130.6 billion
Oji Town
王寺町
¥72K/m² ¥133K/m² +0.4% +0.8% ¥453K/m² 43 ¥166.8 billion
Koryo Town
広陵町
¥61K/m² ¥80K/m² −0.3% −1.8% ¥122K/m² 61 ¥305.9 billion
Kawai Town
河合町
¥57K/m² ¥107K/m² −1.1% −9.7% — 32 ¥130.2 billion
Yoshino Town
吉野町
¥14K/m² ¥31K/m² −3.3% −15.2% — 14 ¥28.1 billion
Oyodo Town
大淀町
¥21K/m² ¥37K/m² −2.8% −12.9% — 27 ¥82.5 billion
Shimoichi Town
下市町
¥16K/m² ¥30K/m² −3.3% −15.8% — 10 ¥19.5 billion
Kurotaki Village
黒滝村
¥5,507/m² — −3.1% −14.8% — 2 ¥2.3 billion
Tenkawa Village
天川村
¥8,073/m² — −2.6% −12.3% — 8 ¥5.3 billion
Nosegawa Village
野迫川村
¥2,883/m² — −3.4% −15.3% — 1 ¥814.8M
Totsukawa Village
十津川村
¥7,730/m² — −2.7% −13.3% — 4 ¥6.9 billion
Shimokitayama Village
下北山村
¥3,473/m² — −3.3% −15.1% — 5 ¥3.1 billion
Kamikitayama Village
上北山村
¥4,700/m² — −3.5% −16.3% — — ¥1.6 billion
Kawakami Village
川上村
¥7,677/m² — −3.1% −14.6% — 2 ¥4.7 billion
Higashiyoshino Village
東吉野村
¥7,840/m² — −2.6% −12.8% — 4 ¥7.0 billion

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
奈良県 奈良市東向中町4番
Prefectural Survey 2026
Commercial¥1.27M/m²$750/sq ft +10.4%飲食、小売店舗等が建ち並ぶ駅前の繁華な商業地域
奈良県 奈良市中筋町1番4
Prefectural Survey 2026
Commercial¥1.02M/m²$603/sq ft +7.8%中層の店舗ビル等が建ち並ぶ駅前の商業地域
奈良県 奈良市中筋町1番4
Land Price Publication 2026
Commercial¥992K/m²$586/sq ft +9.0%近鉄奈良
奈良県 奈良市西大寺東町2丁目5番3外
Land Price Publication 2026
Commercial¥630K/m²$372/sq ft +7.1%大和西大寺
150 m
奈良県 奈良市油阪地方町3番1
Land Price Publication 2026
Commercial¥615K/m²$363/sq ft +7.9%奈良
150 m
奈良県 奈良市三条町511番1内
Prefectural Survey 2026
Commercial¥602K/m²$356/sq ft +6.0%中層の店舗兼事務所ビル等が建ち並ぶ駅前の商業地域
奈良県 奈良市学園北2丁目1017番60
Land Price Publication 2026
Commercial¥457K/m²$270/sq ft +1.1%学園前
160 m
奈良県 奈良市西大寺国見町1丁目2137番65
Land Price Publication 2026
Residential¥413K/m²$244/sq ft +8.4%大和西大寺
350 m
奈良県 橿原市内膳町1丁目178番8
Prefectural Survey 2026
Commercial¥392K/m²$232/sq ft +4.0%小売店舗、事務所等が建ち並ぶ駅前の商業地域
奈良県 橿原市内膳町1丁目178番8
Land Price Publication 2026
Commercial¥384K/m²$227/sq ft +4.6%大和八木
80 m
奈良県 奈良市大宮町6丁目3番4外
Land Price Publication 2026
Commercial¥365K/m²$216/sq ft +5.2%新大宮
320 m
奈良県 奈良市芝辻町2丁目11番8
Prefectural Survey 2026
Commercial¥364K/m²$215/sq ft +4.9%中層のビルが並ぶ駅前の業務商業地域
奈良県 奈良市学園北1丁目3096番28
Prefectural Survey 2026
Residential¥358K/m²$212/sq ft +5.0%中規模一般住宅が建ち並ぶ環境の良い住宅地域
奈良県 奈良市油阪町1番66
Land Price Publication 2026
Commercial¥357K/m²$211/sq ft +3.8%奈良
260 m
奈良県 奈良市三条本町1089番1外
Land Price Publication 2026
Commercial¥355K/m²$210/sq ft +5.0%奈良
230 m
奈良県 奈良市富雄元町2丁目357番11外
Prefectural Survey 2026
Commercial¥354K/m²$209/sq ft +0.3%中規模ビル、銀行等が並ぶ駅前商業地域
奈良県 奈良市学園北1丁目3096番28
Land Price Publication 2026
Residential¥347K/m²$205/sq ft +5.8%学園前
320 m
奈良県 生駒市北新町2018番外
Land Price Publication 2026
Commercial¥345K/m²$204/sq ft +2.1%生駒
230 m
奈良県 奈良市高天市町1番1
Prefectural Survey 2026
Commercial¥343K/m²$203/sq ft +5.5%中層ビル、低層店舗の混在する商業地域
奈良県 奈良市餅飯殿町24番3
Land Price Publication 2026
Commercial¥334K/m²$197/sq ft +7.1%近鉄奈良
370 m
奈良県 奈良市大宮町6丁目2番15
Land Price Publication 2026
Commercial¥308K/m²$182/sq ft +5.5%新大宮
200 m
奈良県 橿原市内膳町5丁目77番2
Land Price Publication 2026
Residential¥286K/m²$169/sq ft +8.3%大和八木
150 m
奈良県 生駒市東生駒1丁目77番2
Land Price Publication 2026
Commercial¥283K/m²$167/sq ft +4.0%東生駒
200 m
奈良県 生駒市元町1丁目269番10
Land Price Publication 2026
Commercial¥271K/m²$160/sq ft +0.4%生駒
160 m
奈良県 奈良市学園北2丁目1090番20
Prefectural Survey 2026
Residential¥255K/m²$151/sq ft +4.1%中規模一般住宅が建ち並ぶ利便性の良い住宅地域
奈良県 奈良市中登美ヶ丘6丁目8番内
Land Price Publication 2026
Commercial¥243K/m²$144/sq ft +3.8%学研奈良登美ヶ丘
700 m
奈良県 香芝市瓦口2247番外
Prefectural Survey 2026
Commercial¥239K/m²$141/sq ft +3.0%金融機関のほか、各種店舗が増えつつある駅に近い商業地域
奈良県 奈良市西大寺国見町2丁目296番15
Prefectural Survey 2026
Residential¥236K/m²$139/sq ft +5.4%中規模住宅が建ち並ぶ区画整然とした住宅地域
奈良県 奈良市西大寺本町186番1外
Prefectural Survey 2026
Commercial¥234K/m²$138/sq ft +1.7%県道沿いに店舗、店舗兼共同住宅の建ち並ぶ地域
奈良県 大和郡山市南郡山町529番3
Land Price Publication 2026
Commercial¥234K/m²$138/sq ft +3.5%近鉄郡山
150 m
奈良県 奈良市花芝町16番2外
Land Price Publication 2026
Commercial¥233K/m²$138/sq ft +4.0%近鉄奈良
220 m
奈良県 橿原市八木町1丁目525番18
Prefectural Survey 2026
Commercial¥231K/m²$136/sq ft ±0.0%店舗、事務所、官公庁等の混在する商業地域
奈良県 奈良市西大寺国見町2丁目296番15
Land Price Publication 2026
Residential¥229K/m²$135/sq ft +6.0%大和西大寺
750 m
奈良県 奈良市四条大路1丁目702番1外
Land Price Publication 2026
Commercial¥228K/m²$135/sq ft +3.6%新大宮
1.0 km
奈良県 北葛城郡王寺町王寺2丁目6040番
Prefectural Survey 2026
Commercial¥199K/m²$118/sq ft +2.1%中層店舗、事務所ビルが建ち並ぶ駅前商業地域
奈良県 奈良市西木辻町200番47
Prefectural Survey 2026
Commercial¥195K/m²$115/sq ft +4.8%中層の店舗、事務所等が混在する商業地域
奈良県 奈良市西木辻町200番47
Land Price Publication 2026
Commercial¥190K/m²$112/sq ft +5.0%近鉄奈良
1.2 km
奈良県 奈良市大安寺町504番1外
Land Price Publication 2026
Commercial¥185K/m²$109/sq ft +2.8%新大宮
2.3 km
奈良県 奈良市富雄元町4丁目1953番1
Land Price Publication 2026
Commercial¥178K/m²$105/sq ft +1.1%富雄
250 m
奈良県 橿原市久米町664番1
Land Price Publication 2026
Commercial¥176K/m²$104/sq ft +1.1%橿原神宮前
80 m
奈良県 奈良市芝辻町866番2
Prefectural Survey 2026
Residential¥173K/m²$102/sq ft +2.4%住宅、アパート、店舗等が混在する既成住宅地域
奈良県 奈良市右京4丁目13番25
Prefectural Survey 2026
Residential¥172K/m²$102/sq ft +1.2%一般住宅の中に医院等が見られる住宅地域
奈良県 奈良市芝辻町866番2
Land Price Publication 2026
Residential¥172K/m²$102/sq ft +3.6%近鉄奈良
700 m
奈良県 奈良市右京4丁目13番25
Land Price Publication 2026
Residential¥172K/m²$102/sq ft +2.4%高の原
550 m
奈良県 生駒市東生駒1丁目100番
Prefectural Survey 2026
Residential¥169K/m²$100/sq ft +1.8%一般住宅が建ち並ぶ環境良好な住宅地域
奈良県 生駒市東生駒1丁目100番
Land Price Publication 2026
Residential¥168K/m²$99/sq ft +2.4%東生駒
400 m
奈良県 奈良市法華寺町187番外
Prefectural Survey 2026
Commercial¥165K/m²$97/sq ft +1.9%店舗、営業所等が建ち並ぶ路線商業地域
奈良県 奈良市神功5丁目2番15外
Prefectural Survey 2026
Commercial¥162K/m²$96/sq ft +1.9%中規模低層小売店舗等が建ち並ぶ路線商業地域
奈良県 香芝市瓦口2180番
Land Price Publication 2026
Commercial¥161K/m²$95/sq ft +1.9%五位堂
390 m
奈良県 北葛城郡王寺町久度2丁目3635番8外
Land Price Publication 2026
Commercial¥158K/m²$93/sq ft +2.6%王寺
250 m
奈良県 生駒市白庭台3丁目2000番361
Prefectural Survey 2026
Residential¥155K/m²$92/sq ft +2.0%中規模一般住宅が区画整然と建ち並ぶ住宅地域
奈良県 生駒市本町108番8
Prefectural Survey 2026
Commercial¥155K/m²$92/sq ft +3.3%小規模な小売店舗、店舗兼共同住宅等が建ち並ぶ近隣商業地域
奈良県 奈良市二条町2丁目72番4
Land Price Publication 2026
Residential¥153K/m²$90/sq ft +4.1%大和西大寺
510 m
奈良県 奈良市中登美ヶ丘6丁目138番
Prefectural Survey 2026
Residential¥151K/m²$89/sq ft +1.3%中規模一般住宅が区画整然と建ち並ぶ住宅地域
奈良県 香芝市真美ヶ丘1丁目11番6
Land Price Publication 2026
Residential¥150K/m²$89/sq ft +0.7%五位堂
1.1 km
奈良県 橿原市石川町100番1
Prefectural Survey 2026
Commercial¥149K/m²$88/sq ft +1.4%店舗、事務所等が建ち並ぶ路線商業地域
奈良県 生駒市北大和2丁目11番3
Land Price Publication 2026
Residential¥147K/m²$87/sq ft +4.3%学研北生駒
800 m
奈良県 生駒市真弓南2丁目4800番470
Prefectural Survey 2026
Commercial¥147K/m²$87/sq ft ±0.0%低層の店舗、医院等が建ち並ぶ住宅団地内の近隣商業地域
奈良県 生駒市辻町399番24
Land Price Publication 2026
Residential¥146K/m²$86/sq ft +2.8%東生駒
400 m
奈良県 奈良市二条町3丁目90番25
Land Price Publication 2026
Residential¥144K/m²$85/sq ft +3.6%大和西大寺
750 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 2,984 sales

Condos per m² (median)
¥200K/m²
Condo price (median)
¥15.0M
Land & building (median)
¥18.0M
Land per m² (median)
¥63K/m²

Sales in the loaded period: Land & building 6,375 · Pre-owned condo 2,976 · Land 2,158 · Farmland 366 · Forest 226

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
41
1-year growth
30
5-year growth
35
10-year growth
43
Price level
72
Condo price level
7

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

FAQ

What is the average land price in Nara?

The average price of residential land in Nara is ¥63,196 per m² (about ¥208,912 per tsubo), based on 521 sites in the official land price surveys (2026).

Are land prices in Nara going up?

Land prices in Nara have fallen by -0.1% on average over the past year. Over five years the change is -1.4%.

How much do pre-owned condos cost in Nara?

The median price of pre-owned condo transactions in the last two years is ¥200,000 per m², with a median price of ¥15.0 million (710 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Nara?

The Fudosan Zukan model projects residential land prices to change by -0.1% a year, reaching about ¥62,431 per m² in 10 years (range ¥51,193–¥73,669). Forecasts are projections, not guarantees.

What is the total value of real estate in Nara?

About ¥10.5 trillion: land ¥8.1 trillion and buildings ¥2.4 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥8.2 trillion).

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 ¥157.25 = $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.