Land prices / Okayama / Okayama-Kita

2023–2025 published land transactions

Okuda-Hommachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 149,738 / m²JPY 149.738K / m²
Median sample 4Five-year sample 5
Estimated price for 100 m²
JPY 14.97M
Simple estimate using the displayed median
Estimated land + building budget
JPY 51.58M
100 m² building using the 2025 benchmark

Okuda-Hommachi location

Okuda-Hommachi 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 131,588 / m² – JPY 152,006 / m²JPY 131.588K / m² – JPY 152.006K / m²
Average transaction price
JPY 133,856 / m²JPY 133.856K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 7.49MJPY 6.58M JPY 7.6M
100.0 m²30.3 tsuboJPY 14.97MJPY 13.16M JPY 15.2M
150.0 m²45.4 tsuboJPY 22.46MJPY 19.74M JPY 22.8M
200.0 m²60.5 tsuboJPY 29.95MJPY 26.32M JPY 30.4M

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
2025-10200.0 m²JPY 32MJPY 154,275 / m²JPY 154.275K / m²12.5 mNeighborhood commercial zone
2025-04220.0 m²JPY 33MJPY 151,250 / m²JPY 151.25K / m²11 mCategory II residential zone
2023-07135.0 m²JPY 11MJPY 81,675 / m²JPY 81.675K / m²2.6 mNeighborhood commercial zone
2023-01300.0 m²JPY 45MJPY 148,225 / m²JPY 148.225K / m²12 mNeighborhood commercial 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.

Okuda-Hommachi land-price summary

The median published transaction price in Okuda-Hommachi for 2023–2025 is JPY 149,738 / m²JPY 149.738K / m². A 100 m² plot would therefore be about JPY 14.97M 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 ↗