Land prices / Hokkaido / Otaru

2025 published land transactions

Okusawa land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Okusawa, Otaru. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2025)
JPY 13,159 / m²JPY 13.159K / m²
Median sample 4Five-year sample 16
Estimated price for 100 m²
JPY 1.32M
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.91M
100 m² building using the 2025 benchmark

Okusawa location

Okusawa location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Price distribution (2025)

Middle 50% price range
JPY 9,650 / m² – JPY 13,915 / m²JPY 9.65K / m² – JPY 13.915K / m²
Average transaction price
JPY 10,406 / m²JPY 10.406K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 657,938JPY 657.938KJPY 482,488JPY 482.488K JPY 695,750JPY 695.75K
100.0 m²30.3 tsuboJPY 1.32MJPY 964,975JPY 964.975K JPY 1.39M
150.0 m²45.4 tsuboJPY 1.97MJPY 1.45M JPY 2.09M
200.0 m²60.5 tsuboJPY 2.63MJPY 1.93M JPY 2.78M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions2
Indicative
4
Indicative
3
Indicative
3
Indicative
4
Indicative
Official observations11111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10700.0 m²JPY 9.6MJPY 13,915 / m²JPY 13.915K / m²22 mOther
2025-10640.0 m²JPY 8.9MJPY 13,915 / m²JPY 13.915K / m²16 mOther
2025-10210.0 m²JPY 2.6MJPY 12,403 / m²JPY 12.403K / m²11 mResidential use
2025-07180.0 m²JPY 250,000JPY 250KJPY 1,392 / m²JPY 1.392K / m²9999.9 mOther

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Okusawa land-price summary

The median published transaction price in Okusawa for 2025 is JPY 13,159 / m²JPY 13.159K / m². A 100 m² plot would therefore be about JPY 1.32M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗