Land prices / Okayama / Okayama-Kita

2025 published land transactions

Niwase land prices and price trends

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

Median transaction price per m² (2025)
JPY 96,800 / m²JPY 96.8K / m²
Median sample 5Five-year sample 24
Estimated price for 100 m²
JPY 9.68M
Simple estimate using the displayed median
Estimated land + building budget
JPY 46.28M
100 m² building using the 2025 benchmark

Niwase location

Niwase 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 78,650 / m² – JPY 105,875 / m²JPY 78.65K / m² – JPY 105.875K / m²
Average transaction price
JPY 87,725 / m²JPY 87.725K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 4.84MJPY 3.93M JPY 5.29M
100.0 m²30.3 tsuboJPY 9.68MJPY 7.87M JPY 10.59M
150.0 m²45.4 tsuboJPY 14.52MJPY 11.8M JPY 15.88M
200.0 m²60.5 tsuboJPY 19.36MJPY 15.73M JPY 21.18M

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

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions6
Indicative
3
Indicative
1
Indicative
9
Indicative
5
Indicative
Official observations11111

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 (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10180.0 m²JPY 19MJPY 105,875 / m²JPY 105.875K / m²11 mCategory I mid/high-rise residential zone
2025-07430.0 m²JPY 34MJPY 78,650 / m²JPY 78.65K / m²Not disclosedCategory I residential zone
2025-07180.0 m²JPY 19MJPY 105,875 / m²JPY 105.875K / m²11 mCategory I mid/high-rise residential zone
2025-07170.0 m²JPY 17MJPY 96,800 / m²JPY 96.8K / m²12.5 mCategory I mid/high-rise residential zone
2025-07280.0 m²JPY 14MJPY 51,425 / m²JPY 51.425K / m²16 mCategory I mid/high-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.

Niwase land-price summary

The median published transaction price in Niwase for 2025 is JPY 96,800 / m²JPY 96.8K / m². A 100 m² plot would therefore be about JPY 9.68M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Niwase

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 ↗