Land prices / Miyagi / Sendai-Wakabayashi
2025 published land transactionsOkino land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Okino, Sendai-Wakabayashi. It does not limit transactions by the buyer's intended use.
Okino location
Okino location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
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Price distribution (2025)
Estimated land price by plot size (2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 5.37M | JPY 4.54M – JPY 6.66M |
| 100.0 m² | 30.3 tsubo | JPY 10.74M | JPY 9.08M – JPY 13.31M |
| 150.0 m² | 45.4 tsubo | JPY 16.11M | JPY 13.61M – JPY 19.97M |
| 200.0 m² | 60.5 tsubo | JPY 21.48M | JPY 18.15M – JPY 26.62M |
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
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Public transactions | 4 Indicative | 11 | 10 | 9 Indicative | 6 Indicative |
| Official observations | 3 | 3 | 3 | 3 | 3 |
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: 3.
Published land transactions (2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-10 | 150.0 m² | JPY 11M | JPY 69,575 / m²JPY 69.575K / m² | 10 m | Other |
| 2025-07 | 250.0 m² | JPY 22M | JPY 87,725 / m²JPY 87.725K / m² | 13.5 m | Residential use |
| 2025-04 | 1200.0 m² | JPY 170M | JPY 139,150 / m²JPY 139.15K / m² | 27 m | Office use |
| 2025-01 | 170.0 m² | JPY 26M | JPY 151,250 / m²JPY 151.25K / m² | 12.2 m | Residential use |
| 2025-01 | 220.0 m² | JPY 25M | JPY 114,950 / m²JPY 114.95K / m² | 14.2 m | Residential use |
| 2025-01 | 200.0 m² | JPY 20M | JPY 99,825 / m²JPY 99.825K / m² | 12 m | Residential use |
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.
Okino land-price summary
The median published transaction price in Okino for 2025 is JPY 107,388 / m²JPY 107.388K / m². A 100 m² plot would therefore be about JPY 10.74M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.