Land prices / Kanagawa / Yokohama-Hodogaya

2022–2024 published land transactions

Okazawacho land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 196,625 / m²JPY 196.625K / m²
Median sample 9Five-year sample 10
Estimated price for 100 m²
JPY 19.66M
Simple estimate using the displayed median
Estimated land + building budget
JPY 57.26M
100 m² building using the 2025 benchmark

Okazawacho location

Okazawacho 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2022–2024)

Middle 50% price range
JPY 184,525 / m² – JPY 302,500 / m²JPY 184.525K / m² – JPY 302.5K / m²
Average transaction price
JPY 224,186 / m²JPY 224.186K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 9.83MJPY 9.23M JPY 15.13M
100.0 m²30.3 tsuboJPY 19.66MJPY 18.45M JPY 30.25M
150.0 m²45.4 tsuboJPY 29.49MJPY 27.68M JPY 45.38M
200.0 m²60.5 tsuboJPY 39.33MJPY 36.91M JPY 60.5M

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
21222324
Year2021202220232024
Public transactions1
Indicative
1
Indicative
7
Indicative
1
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07115.0 m²JPY 37MJPY 302,500 / m²JPY 302.5K / m²7.1 mResidential use
2023-10100.0 m²JPY 32MJPY 302,500 / m²JPY 302.5K / m²7.8 mResidential use
2023-07200.0 m²JPY 40MJPY 196,625 / m²JPY 196.625K / m²7.5 mResidential use
2023-0790.0 m²JPY 21MJPY 229,900 / m²JPY 229.9K / m²3.5 mResidential use
2023-0770.0 m²JPY 9.9MJPY 136,125 / m²JPY 136.125K / m²11 mResidential use
2023-04210.0 m²JPY 40MJPY 193,600 / m²JPY 193.6K / m²12 mResidential use
2023-04110.0 m²JPY 35MJPY 302,500 / m²JPY 302.5K / m²4.8 mResidential use
2023-01110.0 m²JPY 19MJPY 169,400 / m²JPY 169.4K / m²4.8 mResidential use
2022-10150.0 m²JPY 28MJPY 184,525 / m²JPY 184.525K / m²7.9 m

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.

Okazawacho land-price summary

The median published transaction price in Okazawacho for 2022–2024 is JPY 196,625 / m²JPY 196.625K / m². A 100 m² plot would therefore be about JPY 19.66M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗