Land prices / Okayama / Okayama-Minami
2021–2025 published land transactionsNishiichi land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Nishiichi, Okayama-Minami. It does not limit transactions by the buyer's intended use.
Nishiichi location
Nishiichi location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2021–2025)
Estimated land price by plot size (2021–2025)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 5.45M | JPY 3.48M – JPY 6.05M |
| 100.0 m² | 30.3 tsubo | JPY 10.89M | JPY 6.96M – JPY 12.1M |
| 150.0 m² | 45.4 tsubo | JPY 16.34M | JPY 10.44M – JPY 18.15M |
| 200.0 m² | 60.5 tsubo | JPY 21.78M | JPY 13.92M – JPY 24.2M |
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
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 (2021–2025)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2025-07 | 250.0 m² | JPY 31M | JPY 124,025 / m²JPY 124.025K / m² | 15.5 m | Category II mid/high-rise residential zone |
| 2025-07 | 155.0 m² | JPY 17M | JPY 108,900 / m²JPY 108.9K / m² | 8.5 m | Quasi-industrial zone |
| 2022-01 | 200.0 m² | JPY 24M | JPY 121,000 / m²JPY 121K / m² | 12.5 m | Category II mid/high-rise residential zone |
| 2022-01 | 185.0 m² | JPY 21M | JPY 111,925 / m²JPY 111.925K / m² | 12.3 m | Category II mid/high-rise residential zone |
| 2021-07 | 230.0 m² | JPY 16M | JPY 69,575 / m²JPY 69.575K / m² | 32 m | Quasi-industrial zone |
| 2021-01 | 1200.0 m² | JPY 35M | JPY 29,040 / m²JPY 29.04K / m² | 21 m | Quasi-industrial zone |
| 2021-01 | 170.0 m² | JPY 20M | JPY 121,000 / m²JPY 121K / m² | 10.9 m | Quasi-industrial zone |
| 2021-01 | 220.0 m² | JPY 17M | JPY 75,625 / m²JPY 75.625K / m² | 15.2 m | Category II mid/high-rise residential zone |
| 2021-01 | 230.0 m² | JPY 6M | JPY 25,713 / m²JPY 25.713K / m² | 32 m | Quasi-industrial 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.
Nishiichi land-price summary
The median published transaction price in Nishiichi for 2021–2025 is JPY 108,900 / m²JPY 108.9K / m². A 100 m² plot would therefore be about JPY 10.89M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.