Okutama Town: property prices and land values

奥多摩町

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

Avg. residential land price
¥26K/m²
≈ $15/sq ft · 2 sites
#821 of 1795 municipalities in Japan
Avg. commercial land price
¥32K/m²
≈ $19/sq ft · 2 sites
1-year change
±0.0%
Residential ±0.0% · commercial ±0.0%
5 years / 10 years
−0.7% / −7.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
47/100
#898 in Japan
Total real estate value Estimate
¥22.1 billion
≈ $140.57M · land ¥16.5 billion + buildings ¥5.6 billion
#1409 of 1719 municipalities

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

¥20K/m²¥30K/m²¥40K/m²¥50K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.1% a year
¥26K/m²¥25K/m²¥25K/m²¥25K/m²¥25K/m²

Forecasts are projections, not guarantees. 10-year range: ¥21K/m²–¥30K/m²

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

Total value (market estimate)
¥22.1 billion
≈ $140.57M · 0.00% of Japan
Land (market estimate)
¥16.5 billion
residential land ¥14.1 billion
Buildings (assessed)
¥5.6 billion
5,285 buildings · 37.6 ha floor area
Assessed value (fixed-asset tax)
¥17.9 billion
land ¥12.3 billion · buildings ¥5.6 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥9.9 billion¥14.1 billion89.3 ha¥16K/m²
Other land
farmland, forest, other
¥2.4 billion¥2.4 billion53.6 km²—
Buildings
wooden ¥4.2 billion · non-wooden ¥1.4 billion
¥5.6 billion¥5.6 billion37.6 ha floor—
Total¥17.9 billion¥22.1 billion

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.

Okutama Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOkutama Town is1 year5 yearsCondos per m²Index
Okutama Town ¥26K/m²$15/sq ft ±0.0%−0.7% —47
Tokyo ¥547K/m²$323/sq ft 0.05x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 0.21x+2.1%+8.0% ¥494K/m²—

Neighborhoods 6 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Hikawa
氷川
¥28K/m² ¥34K/m² ±0.0% −0.6% — 1
棚澤
棚澤
¥23K/m² — ±0.0% −0.9% — —
Kawai
川井
— — — — — 4
Kotaba
小丹波
— ¥30K/m² ±0.0% −0.7% — 2
Shiromaru
白丸
— — — — — 2
Unazawa
海澤
— — — — — 1

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 西多摩郡奥多摩町氷川字南氷川1417番1
Prefectural Survey 2026
Commercial¥34K/m²$20/sq ft ±0.0%街道沿いの小売店舗等が多い路線商業地域
東京都 西多摩郡奥多摩町小丹波字南ノ原79番1
Prefectural Survey 2026
Commercial¥30K/m²$17/sq ft ±0.0%小売店舗と住宅が混在する商業地域
東京都 西多摩郡奥多摩町氷川字長畑730番4外
Prefectural Survey 2026
Residential¥28K/m²$16/sq ft ±0.0%中規模住宅の他、店舗等も散見される住宅地域
東京都 西多摩郡奥多摩町棚澤字中夏地449番3外
Prefectural Survey 2026
Residential¥23K/m²$14/sq ft ±0.0%中規模住宅のほか畑も残る住宅地域

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

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥11K/m²

Sales in the loaded period: Land 18 · Forest 12 · Land & building 7

DistrictPeriodTypePriceAreaBuiltPer m²
UnazawaQ2 2026Land & building ¥3.4M130 m²1989—
KawaiQ2 2026Forest ¥230K8,888 m²——
KotabaQ1 2026Land ¥30K290 m²—¥100/m²
ShiromaruQ1 2026Land ¥2.3M175 m²—¥13K/m²
KawaiQ1 2026Land ¥740K440 m²—¥1,700/m²
KotabaQ4 2025Land ¥7.7M460 m²—¥17K/m²
HikawaQ4 2025Land ¥3.4M170 m²—¥20K/m²
ShiromaruQ4 2025Forest ¥10K8,888 m²——
KawaiQ4 2025Land ¥1.0M95 m²—¥11K/m²
KawaiQ4 2025Land ¥1.6M195 m²—¥8,500/m²
KotabaQ3 2025Land ¥7.7M460 m²—¥17K/m²
UmezawaQ3 2025Land ¥3.0M430 m²—¥6,900/m²
HikawaQ3 2025Land ¥1.5M75 m²—¥20K/m²
KawaiQ3 2025Land ¥4.6M300 m²—¥15K/m²
KawaiQ2 2025Land & building ¥14.0M190 m²2012—
KotabaQ4 2024Land ¥1.6M270 m²—¥6,000/m²
TanzaburoQ4 2024Forest ¥190K8,888 m²——
UmezawaQ4 2024Forest ¥57K2,500 m²——
UmezawaQ4 2024Forest ¥130K8,888 m²——
UmezawaQ4 2024Forest ¥25K1,100 m²——

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

Market activity
11
1-year growth
56
5-year growth
56
10-year growth
46
Price level
54

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

Nearby areas

FAQ

What is the average land price in Okutama Town?

The average price of residential land in Okutama Town is ¥25,500 per m² (about ¥84,298 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Okutama Town going up?

Land prices in Okutama Town 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 Okutama Town?

The Fudosan Zukan model projects residential land prices to change by -0.1% a year, reaching about ¥25,205 per m² in 10 years (range ¥20,668–¥29,742). Forecasts are projections, not guarantees.

What is the total value of real estate in Okutama Town?

About ¥22.1 billion: land ¥16.5 billion and buildings ¥5.6 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥17.9 billion).

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.