Land prices / Okayama / Okayama-Higashi

2023–2025 published land transactions

Setocho-Seto land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 71,088 / m²JPY 71.088K / m²
Median sample 4Five-year sample 7
Estimated price for 100 m²
JPY 7.11M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.71M
100 m² building using the 2025 benchmark

Setocho-Seto location

Setocho-Seto 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 (2023–2025)

Middle 50% price range
JPY 68,063 / m² – JPY 84,700 / m²JPY 68.063K / m² – JPY 84.7K / m²
Average transaction price
JPY 81,675 / m²JPY 81.675K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.55MJPY 3.4M JPY 4.24M
100.0 m²30.3 tsuboJPY 7.11MJPY 6.81M JPY 8.47M
150.0 m²45.4 tsuboJPY 10.66MJPY 10.21M JPY 12.71M
200.0 m²60.5 tsuboJPY 14.22MJPY 13.61M JPY 16.94M

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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions1
Indicative
2
Indicative
1
Indicative
1
Indicative
2
Indicative
Official observations11111

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: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-01230.0 m²JPY 15MJPY 63,525 / m²JPY 63.525K / m²16 mNeighborhood commercial zone
2025-01150.0 m²JPY 11MJPY 72,600 / m²JPY 72.6K / m²13 mCategory II residential zone
2024-10120.0 m²JPY 8.3MJPY 69,575 / m²JPY 69.575K / m²6 mCategory II residential zone
2023-10270.0 m²JPY 32MJPY 121,000 / m²JPY 121K / m²24 mNeighborhood commercial 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.

Setocho-Seto land-price summary

The median published transaction price in Setocho-Seto for 2023–2025 is JPY 71,088 / m²JPY 71.088K / m². A 100 m² plot would therefore be about JPY 7.11M 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 ↗