Land prices / Okayama / Okayama-Kita

2024 published land transactions

Tomita land prices and price trends

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

Median transaction price per m² (2024)
JPY 57,475 / m²JPY 57.475K / m²
Median sample 3Five-year sample 6
Estimated price for 100 m²
JPY 5.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 42.35M
100 m² building using the 2025 benchmark

Tomita location

Tomita 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 (2024)

Middle 50% price range
JPY 54,450 / m² – JPY 71,088 / m²JPY 54.45K / m² – JPY 71.088K / m²
Average transaction price
JPY 64,533 / m²JPY 64.533K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.87MJPY 2.72M JPY 3.55M
100.0 m²30.3 tsuboJPY 5.75MJPY 5.45M JPY 7.11M
150.0 m²45.4 tsuboJPY 8.62MJPY 8.17M JPY 10.66M
200.0 m²60.5 tsuboJPY 11.5MJPY 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

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions1
Indicative
1
Indicative
1
Indicative
3
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10170.0 m²JPY 9.7MJPY 57,475 / m²JPY 57.475K / m²5.5 mCategory II residential zone
2024-04410.0 m²JPY 21MJPY 51,425 / m²JPY 51.425K / m²12 mCategory II residential zone
2024-01300.0 m²JPY 25MJPY 84,700 / m²JPY 84.7K / m²21 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.

Tomita land-price summary

The median published transaction price in Tomita for 2024 is JPY 57,475 / m²JPY 57.475K / m². A 100 m² plot would therefore be about JPY 5.75M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Tomita

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 ↗