Land prices / Okayama / Okayama-Higashi
2024 published land transactionsMatsushincho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Matsushincho, Okayama-Higashi. It does not limit transactions by the buyer's intended use.
Matsushincho location
Matsushincho location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2024)
Estimated land price by plot size (2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 3.18M | JPY 3.03M – JPY 3.33M |
| 100.0 m² | 30.3 tsubo | JPY 6.35M | JPY 6.05M – JPY 6.66M |
| 150.0 m² | 45.4 tsubo | JPY 9.53M | JPY 9.08M – JPY 9.98M |
| 200.0 m² | 60.5 tsubo | JPY 12.71M | JPY 12.1M – JPY 13.31M |
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 |
|---|---|---|---|---|
| Public transactions | 5 Indicative | 5 Indicative | 4 Indicative | 5 Indicative |
| Official observations | 1 | 1 | 1 | 1 |
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 (2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-10 | 170.0 m² | JPY 11M | JPY 66,550 / m²JPY 66.55K / m² | 11 m | Category I exclusively low-rise residential zone |
| 2024-10 | 185.0 m² | JPY 11M | JPY 60,500 / m²JPY 60.5K / m² | 11 m | Category I exclusively low-rise residential zone |
| 2024-10 | 165.0 m² | JPY 10M | JPY 63,525 / m²JPY 63.525K / m² | 14 m | Category I exclusively low-rise residential zone |
| 2024-04 | 170.0 m² | JPY 11M | JPY 66,550 / m²JPY 66.55K / m² | 11 m | Category I exclusively low-rise residential zone |
| 2024-01 | 190.0 m² | JPY 9.3M | JPY 48,400 / m²JPY 48.4K / m² | 13.2 m | Category II residential zone |
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.
Matsushincho land-price summary
The median published transaction price in Matsushincho for 2024 is JPY 63,525 / m²JPY 63.525K / m². A 100 m² plot would therefore be about JPY 6.35M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.