Land prices / Okayama / Okayama-Naka

2023–2025 published land transactions

Maruyama land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 57,475 / m²JPY 57.475K / m²
Median sample 5Five-year sample 15
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

Maruyama location

Maruyama 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 22,385 / m² – JPY 66,550 / m²JPY 22.385K / m² – JPY 66.55K / m²
Average transaction price
JPY 47,069 / m²JPY 47.069K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.87MJPY 1.12M JPY 3.33M
100.0 m²30.3 tsuboJPY 5.75MJPY 2.24M JPY 6.66M
150.0 m²45.4 tsuboJPY 8.62MJPY 3.36M JPY 9.98M
200.0 m²60.5 tsuboJPY 11.5MJPY 4.48M JPY 13.31M

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
2122232425
Year20212022202320242025
Public transactions8
Indicative
2
Indicative
1
Indicative
2
Indicative
2
Indicative
Official observations11111

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07470.0 m²JPY 28MJPY 57,475 / m²JPY 57.475K / m²40 mCategory I residential zone
2025-07155.0 m²JPY 12MJPY 75,625 / m²JPY 75.625K / m²13 mCategory I residential zone
2024-07600.0 m²JPY 8MJPY 13,310 / m²JPY 13.31K / m²27 mCategory I exclusively low-rise residential zone
2024-04790.0 m²JPY 53MJPY 66,550 / m²JPY 66.55K / m²14 mCategory I exclusively low-rise residential zone
2023-01300.0 m²JPY 6.8MJPY 22,385 / m²JPY 22.385K / m²24 mCategory I exclusively low-rise 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.

Maruyama land-price summary

The median published transaction price in Maruyama for 2023–2025 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 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 ↗