Land prices / Okayama / Okayama-Kita

2023–2025 published land transactions

Nishikarakawa land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 66,550 / m²JPY 66.55K / m²
Median sample 7Five-year sample 8
Estimated price for 100 m²
JPY 6.66M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.26M
100 m² building using the 2025 benchmark

Nishikarakawa location

Nishikarakawa 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 54,450 / m² – JPY 71,088 / m²JPY 54.45K / m² – JPY 71.088K / m²
Average transaction price
JPY 59,203 / m²JPY 59.203K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.33MJPY 2.72M JPY 3.55M
100.0 m²30.3 tsuboJPY 6.66MJPY 5.45M JPY 7.11M
150.0 m²45.4 tsuboJPY 9.98MJPY 8.17M JPY 10.66M
200.0 m²60.5 tsuboJPY 13.31MJPY 10.89M JPY 14.22M

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 (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07520.0 m²JPY 34MJPY 66,550 / m²JPY 66.55K / m²29.8 mCategory I exclusively low-rise residential zone
2025-01135.0 m²JPY 7.4MJPY 54,450 / m²JPY 54.45K / m²7.9 mCategory II residential zone
2023-101200.0 m²JPY 25MJPY 21,175 / m²JPY 21.175K / m²24 mCategory I exclusively low-rise residential zone
2023-07180.0 m²JPY 13MJPY 72,600 / m²JPY 72.6K / m²14.5 mCategory I exclusively low-rise residential zone
2023-07200.0 m²JPY 11MJPY 54,450 / m²JPY 54.45K / m²10 mUrbanization control area
2023-04180.0 m²JPY 13MJPY 69,575 / m²JPY 69.575K / m²14.5 mCategory I exclusively low-rise residential zone
2023-04180.0 m²JPY 13MJPY 75,625 / m²JPY 75.625K / m²15 mCategory I exclusively low-rise 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.

Nishikarakawa land-price summary

The median published transaction price in Nishikarakawa for 2023–2025 is JPY 66,550 / m²JPY 66.55K / m². A 100 m² plot would therefore be about JPY 6.66M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Nishikarakawa

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗