Land prices / Okayama / Niimi

2021–2024 published land transactions

Tettacho-Oizako land prices and price trends

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

Median transaction price per m² (2021–2024)
JPY 643 / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 64,281JPY 64.281K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.67M
100 m² building using the 2025 benchmark

Tettacho-Oizako location

Tettacho-Oizako 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 (2021–2024)

Middle 50% price range
JPY 329 / m² – JPY 957 / m²
Average transaction price
JPY 643 / m²

Estimated land price by plot size (2021–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 32,141JPY 32.141KJPY 16,441JPY 16.441K JPY 47,825JPY 47.825K
100.0 m²30.3 tsuboJPY 64,281JPY 64.281KJPY 32,882JPY 32.882K JPY 95,651JPY 95.651K
150.0 m²45.4 tsuboJPY 96,422JPY 96.422KJPY 49,323JPY 49.323K JPY 143,476JPY 143.476K
200.0 m²60.5 tsuboJPY 128,563JPY 128.563KJPY 65,764JPY 65.764K JPY 191,301JPY 191.301K

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07770.0 m²JPY 970,000JPY 970KJPY 1,271 / m²JPY 1.271K / m²20 mOutside a city-planning area
2021-04120.0 m²JPY 1,800JPY 1.8KJPY 15 / m²6 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-Oizako land-price summary

The median published transaction price in Tettacho-Oizako for 2021–2024 is JPY 643 / m². A 100 m² plot would therefore be about JPY 64,281JPY 64.281K 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 ↗