Shinkoji, Machida City: property prices and land values

真光寺(町田市)

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

Avg. residential land price
¥144K/m²
≈ $85/sq ft · 1 sites
#30 of 46 neighborhoods
Avg. commercial land price
No data
1-year change
+0.7%
Residential +0.7% · commercial —
5 years / 10 years
+2.9% / +2.1%
Same sites, chained
Pre-owned condos per m²
¥180K/m²
70 m² ≈ ¥12.6M · 3 sales
Pre-owned houses (median)
¥41.0M
≈ $260K · 27 sales
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

¥130K/m²¥140K/m²¥150K/m²¥160K/m²¥170K/m²200820112014201720202023202620312036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.7% a year
¥144K/m²¥146K/m²¥151K/m²¥157K/m²¥170K/m²

Forecasts are projections, not guarantees. 10-year range: ¥140K/m²–¥201K/m²

Shinkoji, Machida City compared with larger areas

AreaAvg. residential≈ USD/sq ftShinkoji, Machida City is1 year5 yearsCondos per m²Index
Shinkoji, Machida City ¥144K/m²$85/sq ft +0.7%+2.9% ¥180K/m²—
Machida City ¥170K/m²$100/sq ft 0.85x+3.4%+9.3% ¥477K/m²86
Tokyo ¥547K/m²$322/sq ft 0.26x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 1.2x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 町田市真光寺1丁目18番10
Land Price Publication 2026
Residential¥144K/m²$85/sq ft +0.7%鶴川
3.3 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 38 sales

Condos per m² (median)
¥180K/m²
Condo price (median)
¥18.0M
Land & building (median)
¥41.0M
Land per m² (median)
¥180K/m²

Sales in the loaded period: Land & building 36 · Land 12 · Pre-owned condo 6

DistrictPeriodTypePriceAreaBuiltPer m²
ShinkojiQ2 2026Land & building (contract) ¥27.0M190 m²1999—
ShinkojiQ2 2026Land & building (contract) ¥44.0M155 m²2026—
ShinkojiQ2 2026Land & building (contract) ¥30.0M180 m²2002—
ShinkojiQ2 2026Land & building (contract) ¥35.0M220 m²2014—
ShinkojiQ2 2026Land & building (contract) ¥42.0M200 m²2019—
ShinkojiQ2 2026Land & building (contract) ¥60.0M155 m²2026—
ShinkojiQ2 2026Land & building (contract) ¥54.0M205 m²2005—
ShinkojiQ1 2026Land & building (contract) ¥45.0M120 m²——
ShinkojiQ1 2026Pre-owned condo (contract) ¥25.0M90 m²1997¥278K/m²
ShinkojiQ1 2026Land & building (contract) ¥34.0M170 m²2000—
ShinkojiQ1 2026Land & building ¥36.0M100 m²2025—
ShinkojiQ4 2025Land & building (contract) ¥42.0M130 m²2024—
ShinkojiQ4 2025Land & building (contract) ¥44.0M125 m²2025—
ShinkojiQ4 2025Pre-owned condo (contract) ¥18.0M100 m²1997¥180K/m²
ShinkojiQ4 2025Land & building (contract) ¥40.0M245 m²2003—
ShinkojiQ4 2025Land & building ¥18.0M260 m²2004—
ShinkojiQ4 2025Land & building ¥44.0M125 m²2025—
ShinkojiQ4 2025Land & building ¥41.0M185 m²2024—
ShinkojiQ4 2025Land & building ¥44.0M290 m²2002—
ShinkojiQ4 2025Land ¥20.0M120 m²—¥170K/m²

Nearby neighborhoods

FAQ

What is the average land price in Shinkoji, Machida City?

The average price of residential land in Shinkoji, Machida City is ¥144,000 per m² (about ¥476,033 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shinkoji, Machida City going up?

Land prices in Shinkoji, Machida City have risen by +0.7% on average over the past year. Over five years the change is +2.9%.

How much do pre-owned condos cost in Shinkoji, Machida City?

The median price of pre-owned condo transactions in the last two years is ¥180,000 per m², with a median price of ¥18.0 million (3 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Shinkoji, Machida City?

The Fudosan Zukan model projects residential land prices to change by +1.7% a year, reaching about ¥170,202 per m² in 10 years (range ¥139,566–¥200,838). 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 ¥157.9 = $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.