Land prices / Okayama / Okayama-Kita

2023–2024 published land transactions

Ifukucho land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 235,950 / m²JPY 235.95K / m²
Median sample 5Five-year sample 12
Estimated price for 100 m²
JPY 23.6M
Simple estimate using the displayed median
Estimated land + building budget
JPY 60.2M
100 m² building using the 2025 benchmark

Ifukucho location

Ifukucho 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 (2023–2024)

Middle 50% price range
JPY 235,950 / m² – JPY 266,200 / m²JPY 235.95K / m² – JPY 266.2K / m²
Average transaction price
JPY 237,765 / m²JPY 237.765K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 11.8MJPY 11.8M JPY 13.31M
100.0 m²30.3 tsuboJPY 23.6MJPY 23.6M JPY 26.62M
150.0 m²45.4 tsuboJPY 35.39MJPY 35.39M JPY 39.93M
200.0 m²60.5 tsuboJPY 47.19MJPY 47.19M JPY 53.24M

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 (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-01240.0 m²JPY 57MJPY 235,950 / m²JPY 235.95K / m²12.9 mCategory II residential zone
2023-04115.0 m²JPY 30MJPY 266,200 / m²JPY 266.2K / m²10 mCommercial zone
2023-01150.0 m²JPY 59MJPY 393,250 / m²JPY 393.25K / m²11.6 mCategory II residential zone
2023-01220.0 m²JPY 51MJPY 235,950 / m²JPY 235.95K / m²7 mCategory II residential zone
2023-0145.0 m²JPY 2.6MJPY 57,475 / m²JPY 57.475K / m²3.9 mCategory 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.

Ifukucho land-price summary

The median published transaction price in Ifukucho for 2023–2024 is JPY 235,950 / m²JPY 235.95K / m². A 100 m² plot would therefore be about JPY 23.6M 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 ↗