Land prices / Okayama / Okayama-Minami

2023–2025 published land transactions

Hamano land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Hamano, Okayama-Minami. 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 5Five-year sample 14
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

Hamano location

Hamano location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

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 78,650 / m²JPY 54.45K / m² – JPY 78.65K / m²
Average transaction price
JPY 61,831 / m²JPY 61.831K / 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 3.93M
100.0 m²30.3 tsuboJPY 6.66MJPY 5.45M JPY 7.87M
150.0 m²45.4 tsuboJPY 9.98MJPY 8.17M JPY 11.8M
200.0 m²60.5 tsuboJPY 13.31MJPY 10.89M JPY 15.73M

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
2025-019999.0 m²JPY 46MJPY 21,780 / m²JPY 21.78K / m²35 mCategory I residential zone
2025-01230.0 m²JPY 13MJPY 54,450 / m²JPY 54.45K / m²6 mCategory I residential zone
2024-10440.0 m²JPY 35MJPY 78,650 / m²JPY 78.65K / m²10 mCategory I residential zone
2024-07600.0 m²JPY 40MJPY 66,550 / m²JPY 66.55K / m²29 mQuasi-industrial zone
2023-07160.0 m²JPY 14MJPY 87,725 / m²JPY 87.725K / m²14.5 mCategory I 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.

Hamano land-price summary

The median published transaction price in Hamano 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.

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 ↗