Land prices / Okayama / Niimi

2021–2025 published land transactions

Tettacho-Hongo land prices and price trends

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

Median transaction price per m² (2021–2025)
JPY 983 / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 98,313JPY 98.313K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.7M
100 m² building using the 2025 benchmark

Tettacho-Hongo location

Tettacho-Hongo 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 (2021–2025)

Middle 50% price range
JPY 855 / m² – JPY 1,112 / m²JPY 855 / m² – JPY 1.112K / m²
Average transaction price
JPY 983 / m²

Estimated land price by plot size (2021–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 49,156JPY 49.156KJPY 42,728JPY 42.728K JPY 55,584JPY 55.584K
100.0 m²30.3 tsuboJPY 98,313JPY 98.313KJPY 85,456JPY 85.456K JPY 111,169JPY 111.169K
150.0 m²45.4 tsuboJPY 147,469JPY 147.469KJPY 128,184JPY 128.184K JPY 166,753JPY 166.753K
200.0 m²60.5 tsuboJPY 196,625JPY 196.625KJPY 170,913JPY 170.913K JPY 222,338JPY 222.338K

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 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-01800.0 m²JPY 1MJPY 1,240 / m²JPY 1.24K / m²9 mOutside a city-planning area
2021-101100.0 m²JPY 800,000JPY 800KJPY 726 / m²30 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.

Tettacho-Hongo land-price summary

The median published transaction price in Tettacho-Hongo for 2021–2025 is JPY 983 / m². A 100 m² plot would therefore be about JPY 98,313JPY 98.313K 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 ↗