Shinkojimachi, Machida City: property prices and land values

真光寺町(町田市)

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

Avg. residential land price
¥96K/m²
≈ $56/sq ft · 1 sites
#42 of 46 neighborhoods
Avg. commercial land price
No data
1-year change
±0.0%
Residential ±0.0% · commercial —
5 years / 10 years
−0.7% / —
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥29.0M
≈ $184K · 3 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

¥90K/m²¥100K/m²¥110K/m²2019202120232025202720312036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.7% a year
¥96K/m²¥97K/m²¥101K/m²¥104K/m²¥113K/m²

Forecasts are projections, not guarantees. 10-year range: ¥93K/m²–¥134K/m²

Shinkojimachi, Machida City compared with larger areas

AreaAvg. residential≈ USD/sq ftShinkojimachi, Machida City is1 year5 yearsCondos per m²Index
Shinkojimachi, Machida City ¥96K/m²$56/sq ft ±0.0%−0.7% ——
Machida City ¥170K/m²$100/sq ft 0.56x+3.4%+9.3% ¥477K/m²86
Tokyo ¥547K/m²$322/sq ft 0.18x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 0.80x+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 町田市真光寺町字十一号1190番4
Prefectural Survey 2026
Residential¥96K/m²$56/sq ft ±0.0%住宅、アパート、駐車場等が混在する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 3 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥29.0M
Land per m² (median)
—

Sales in the loaded period: Land & building 15 · Land 1

DistrictPeriodTypePriceAreaBuiltPer m²
ShinkojimachiQ2 2026Land & building (contract) ¥15.0M160 m²1992—
ShinkojimachiQ2 2026Land & building (contract) ¥45.0M105 m²2026—
ShinkojimachiQ2 2025Land & building ¥29.0M180 m²2005—
ShinkojimachiQ4 2024Land & building ¥32.0M540 m²2001—
ShinkojimachiQ3 2024Land & building ¥25.0M140 m²2005—
ShinkojimachiQ3 2024Land & building (contract) ¥30.0M145 m²2006—
ShinkojimachiQ2 2024Land & building (contract) ¥27.0M145 m²2005—
ShinkojimachiQ2 2024Land & building (contract) ¥19.0M135 m²1982—
ShinkojimachiQ2 2024Land & building (contract) ¥25.0M140 m²2005—
ShinkojimachiQ2 2024Land & building ¥700K120 m²1973—
ShinkojimachiQ2 2024Land ¥19.0M135 m²—¥140K/m²
ShinkojimachiQ1 2024Land & building (contract) ¥24.0M135 m²2005—
ShinkojimachiQ1 2024Land & building ¥34.0M135 m²2023—
ShinkojimachiQ1 2024Land & building ¥38.0M160 m²2023—
ShinkojimachiQ4 2023Land & building ¥12.0M230 m²1970—
ShinkojimachiQ4 2023Land & building ¥50.0M140 m²1975—

Nearby neighborhoods

FAQ

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

The average price of residential land in Shinkojimachi, Machida City is ¥95,800 per m² (about ¥316,694 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shinkojimachi, Machida City going up?

Land prices in Shinkojimachi, Machida City have stayed flat by +0.0% on average over the past year. Over five years the change is -0.7%.

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

The Fudosan Zukan model projects residential land prices to change by +1.7% a year, reaching about ¥113,232 per m² in 10 years (range ¥92,850–¥133,614). 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.