Land prices / Okayama / Mimasaka

2023 published land transactions

Iwamida land prices and price trends

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

Median transaction price per m² (2023)
JPY 771 / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 77,138JPY 77.138K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.68M
100 m² building using the 2025 benchmark

Iwamida location

Iwamida 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 (2023)

Middle 50% price range
JPY 401 / m² – JPY 1,142 / m²JPY 401 / m² – JPY 1.142K / m²
Average transaction price
JPY 771 / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 38,569JPY 38.569KJPY 20,041JPY 20.041K JPY 57,097JPY 57.097K
100.0 m²30.3 tsuboJPY 77,138JPY 77.138KJPY 40,081JPY 40.081K JPY 114,194JPY 114.194K
150.0 m²45.4 tsuboJPY 115,706JPY 115.706KJPY 60,122JPY 60.122K JPY 171,291JPY 171.291K
200.0 m²60.5 tsuboJPY 154,275JPY 154.275KJPY 80,163JPY 80.163K JPY 228,388JPY 228.388K

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

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-04440.0 m²JPY 660,000JPY 660KJPY 1,513 / m²JPY 1.513K / m²12 mOutside a city-planning area
2023-04165.0 m²JPY 5,000JPY 5KJPY 30 / m²12 mOutside a city-planning area

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.

Iwamida land-price summary

The median published transaction price in Iwamida for 2023 is JPY 771 / m². A 100 m² plot would therefore be about JPY 77,138JPY 77.138K by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

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 ↗