Land prices / Okayama / Okayama-Kita
2023–2025 published land transactionsBancho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Bancho, Okayama-Kita. It does not limit transactions by the buyer's intended use.
Bancho location
Bancho 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 (2023–2025)
Estimated land price by plot size (2023–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 8.32M | JPY 6.35M – JPY 10.44M |
| 100.0 m² | 30.3 tsubo | JPY 16.64M | JPY 12.71M – JPY 20.87M |
| 150.0 m² | 45.4 tsubo | JPY 24.96M | JPY 19.06M – JPY 31.31M |
| 200.0 m² | 60.5 tsubo | JPY 33.28M | JPY 25.41M – JPY 41.75M |
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 | 2025 |
|---|---|---|---|---|---|
| Public transactions | 5 Indicative | 4 Indicative | 1 Indicative | 2 Indicative | 2 Indicative |
| Official observations | 1 | 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 2025. Published transactions and official residential land-price observations are separate series.
Latest official residential land-price observations: 1.
Published land transactions (2023–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-07 | 210.0 m² | JPY 44M | JPY 208,725 / m²JPY 208.725K / m² | 7 m | Category II residential zone |
| 2025-01 | 85.0 m² | JPY 11M | JPY 127,050 / m²JPY 127.05K / m² | Not disclosed | Neighborhood commercial zone |
| 2024-01 | 460.0 m² | JPY 97M | JPY 211,750 / m²JPY 211.75K / m² | 13 m | Category II residential zone |
| 2024-01 | 240.0 m² | JPY 22M | JPY 90,750 / m²JPY 90.75K / m² | 10.5 m | Commercial zone |
| 2023-07 | 210.0 m² | JPY 36M | JPY 166,375 / m²JPY 166.375K / m² | 4.5 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.
Bancho land-price summary
The median published transaction price in Bancho for 2023–2025 is JPY 166,375 / m²JPY 166.375K / m². A 100 m² plot would therefore be about JPY 16.64M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.
Station-area land prices near Bancho
Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.
Station-007331 Station 1.5 km area
33 published transactions across 55 neighborhoods in 2025
View station area →0.90 km straight-line distanceQ16768185 Station 1.5 km area
37 published transactions across 56 neighborhoods in 2025
View station area →0.97 km straight-line distanceStation-007334 Station 1.5 km area
38 published transactions across 55 neighborhoods in 2025
View station area →1.09 km straight-line distanceNishigawara Station 1.5 km area
6 published transactions across 24 neighborhoods in 2025
View station area →1.16 km straight-line distanceStation-007337 Station 1.5 km area
40 published transactions across 55 neighborhoods in 2025
View station area →This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.