Land prices / Okayama / Okayama-Naka

2024 published land transactions

Chunagoncho land prices and price trends

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

Median transaction price per m² (2024)
JPY 143,688 / m²JPY 143.688K / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 14.37M
Simple estimate using the displayed median
Estimated land + building budget
JPY 50.97M
100 m² building using the 2025 benchmark

Chunagoncho location

Chunagoncho 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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Price distribution (2024)

Middle 50% price range
JPY 132,344 / m² – JPY 170,156 / m²JPY 132.344K / m² – JPY 170.156K / m²
Average transaction price
JPY 158,813 / m²JPY 158.813K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 7.18MJPY 6.62M JPY 8.51M
100.0 m²30.3 tsuboJPY 14.37MJPY 13.23M JPY 17.02M
150.0 m²45.4 tsuboJPY 21.55MJPY 19.85M JPY 25.52M
200.0 m²60.5 tsuboJPY 28.74MJPY 26.47M JPY 34.03M

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 2024 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10320.0 m²JPY 42MJPY 130,075 / m²JPY 130.075K / m²6 mNeighborhood commercial zone
2024-071000.0 m²JPY 220MJPY 217,800 / m²JPY 217.8K / m²30 mNeighborhood commercial zone
2024-07230.0 m²JPY 35MJPY 154,275 / m²JPY 154.275K / m²10.2 mNeighborhood commercial zone
2024-01135.0 m²JPY 18MJPY 133,100 / m²JPY 133.1K / m²13.8 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.

Chunagoncho land-price summary

The median published transaction price in Chunagoncho for 2024 is JPY 143,688 / m²JPY 143.688K / m². A 100 m² plot would therefore be about JPY 14.37M by simple multiplication. The period-change figure compares yearly transaction medians in 2024 and 2024.

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 ↗