Land prices / Okayama / Okayama-Kita

2024–2025 published land transactions

Heiwacho land prices and price trends

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

Median transaction price per m² (2024–2025)
JPY 816,750 / m²JPY 816.75K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 81.68M
Simple estimate using the displayed median
Estimated land + building budget
JPY 118.28M
100 m² building using the 2025 benchmark

Heiwacho location

Heiwacho 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 (2024–2025)

Middle 50% price range
JPY 635,250 / m² – JPY 816,750 / m²JPY 635.25K / m² – JPY 816.75K / m²
Average transaction price
JPY 695,750 / m²JPY 695.75K / m²

Estimated land price by plot size (2024–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 40.84MJPY 31.76M JPY 40.84M
100.0 m²30.3 tsuboJPY 81.68MJPY 63.53M JPY 81.68M
150.0 m²45.4 tsuboJPY 122.51MJPY 95.29M JPY 122.51M
200.0 m²60.5 tsuboJPY 163.35MJPY 127.05M JPY 163.35M

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 (2024–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10270.0 m²JPY 220MJPY 816,750 / m²JPY 816.75K / m²10 mCommercial zone
2025-07270.0 m²JPY 220MJPY 816,750 / m²JPY 816.75K / m²10 mCommercial zone
2024-07115.0 m²JPY 50MJPY 453,750 / m²JPY 453.75K / m²9.3 mCommercial 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.

Heiwacho land-price summary

The median published transaction price in Heiwacho for 2024–2025 is JPY 816,750 / m²JPY 816.75K / m². A 100 m² plot would therefore be about JPY 81.68M 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 ↗