Land prices / Okayama / Okayama-Kita

2025 published land transactions

Narazu land prices and price trends

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

Median transaction price per m² (2025)
JPY 49,913 / m²JPY 49.913K / m²
Median sample 4Five-year sample 12
Estimated price for 100 m²
JPY 4.99M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.59M
100 m² building using the 2025 benchmark

Narazu location

Narazu 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 (2025)

Middle 50% price range
JPY 47,644 / m² – JPY 129,319 / m²JPY 47.644K / m² – JPY 129.319K / m²
Average transaction price
JPY 127,050 / m²JPY 127.05K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.5MJPY 2.38M JPY 6.47M
100.0 m²30.3 tsuboJPY 4.99MJPY 4.76M JPY 12.93M
150.0 m²45.4 tsuboJPY 7.49MJPY 7.15M JPY 19.4M
200.0 m²60.5 tsuboJPY 9.98MJPY 9.53M JPY 25.86M

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 (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07200.0 m²JPY 10MJPY 51,425 / m²JPY 51.425K / m²14.5 mUrbanization control area
2025-04270.0 m²JPY 13MJPY 48,400 / m²JPY 48.4K / m²11 mUrbanization control area
2025-04175.0 m²JPY 8.1MJPY 45,375 / m²JPY 45.375K / m²7.1 mUrbanization control area
2025-019999.0 m²JPY 800MJPY 363,000 / m²JPY 363K / m²9999.9 mUrbanization control area

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.

Narazu land-price summary

The median published transaction price in Narazu for 2025 is JPY 49,913 / m²JPY 49.913K / m². A 100 m² plot would therefore be about JPY 4.99M 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 ↗