Exploring Nara Real Estate: Trends, Data, and Neighborhood Insights
Nara Prefecture, renowned for its rich cultural heritage and historic landmarks, offers a unique real estate market that blends tradition with modernity. The region's demographics show an aging index of 285.8 and a modest rate of population change at -0.68%, while its climate, marked by a yearly average temperature of 16.2°C and relative humidity of 71%, contributes to a pleasant living environment. Educational infrastructure is robust with a high number of schools per inhabitable area, and a significant percentage (74.1%) of residents own houses. The market is spread across various areas including key cities such as Nara City, Ikoma City, and Tenri City, each exhibiting distinct pricing trends and dynamics. This backdrop sets the stage for a detailed exploration of historical price trends and structural characteristics influencing property values in the region.
Ratio of population of foreigners (per 100,000 persons)
868.6
Aging index
285.8
Rate of population change
-0.68%
Yearly average of air temperature
16.2
Yearly average of relative humidity
71%
Yearly clear days
22
Number of elementary schools (per inhabitable area 100 km2)
22.25
Number of lower secondary schools (per inhabitable area 100 km2)
12.53
Number of upper secondary schools (per inhabitable area 100 km2)
6.79
Percentage of persons employed
95.9%
Unemployment rate (Both sexes)
4.1%
Percentage of owned houses
74.1%
Number of retail stores (per 1,000 persons)
6.58
Number of eating and drinking places (per 1,000 persons)
2.85
Number of department stores and general merchandise stores (per 100,000 persons)
0.99
Number of traffic accidents (per 100,000 persons)
199.3
Number of recognitions of criminal offenses (per 1,000 persons)
3.91
Amount of damage by disasters (per capita)(30 years average)
￥4471
Areas in Nara
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Tawaramoto Town, Shiki County | ￥220,000 | 18.3% |
| Nara City | ￥218,181 | 9.1% |
| Ikoma City | ￥189,473 | 14.6% |
| Kashiba City | ￥185,185 | -10.5% |
| Ikaruga Town, Ikoma County | ￥173,913 | 6.4% |
| Koryo Town, Kitakatsuragi County | ￥171,921 | -14.0% |
| Oji Town, Kitakatsuragi County | ￥169,230 | 31.9% |
| Kashihara City | ￥168,000 | -28.0% |
| Katsuragi City | ￥141,176 | -35.5% |
| Yamatokoriyama City | ￥133,333 | 8.2% |
| Yamatotakada City | ￥125,577 | 12.4% |
| Tenri City | ￥121,969 | 17.9% |
| Kanmaki Town, Kitakatsuragi County | ￥116,518 | -11.1% |
| Sakurai City | ￥113,333 | 29.5% |
| Sango Town, Ikoma County | ￥104,000 | 7.5% |
| Heguri Town, Ikoma County | ￥74,736 | -13.8% |
| Uda City | ￥70,967 | 20.6% |
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