Land prices / Okayama / Okayama-Naka

2023–2025 published land transactions

Minato land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 69,575 / m²JPY 69.575K / m²
Median sample 15Five-year sample 27
Estimated price for 100 m²
JPY 6.96M
Simple estimate using the displayed median
Estimated land + building budget
JPY 43.56M
100 m² building using the 2025 benchmark

Minato location

Minato 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 51,425 / m² – JPY 75,625 / m²JPY 51.425K / m² – JPY 75.625K / m²
Average transaction price
JPY 62,577 / m²JPY 62.577K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 3.48MJPY 2.57M JPY 3.78M
100.0 m²30.3 tsuboJPY 6.96MJPY 5.14M JPY 7.56M
150.0 m²45.4 tsuboJPY 10.44MJPY 7.71M JPY 11.34M
200.0 m²60.5 tsuboJPY 13.92MJPY 10.29M JPY 15.13M

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
2025-04200.0 m²JPY 5MJPY 25,108 / m²JPY 25.108K / m²11 mCategory I exclusively low-rise residential zone
2025-01250.0 m²JPY 18MJPY 72,600 / m²JPY 72.6K / m²15 mCategory I exclusively low-rise residential zone
2024-07630.0 m²JPY 47MJPY 75,625 / m²JPY 75.625K / m²20 mCategory I mid/high-rise residential zone
2024-07160.0 m²JPY 12MJPY 75,625 / m²JPY 75.625K / m²11 mCategory I mid/high-rise residential zone
2024-04420.0 m²JPY 29MJPY 69,575 / m²JPY 69.575K / m²24 mCategory I mid/high-rise residential zone
2024-01300.0 m²JPY 23MJPY 75,625 / m²JPY 75.625K / m²26 mCategory I mid/high-rise residential zone
2024-01820.0 m²JPY 22MJPY 27,225 / m²JPY 27.225K / m²25.5 mCategory I mid/high-rise residential zone
2024-01110.0 m²JPY 4.5MJPY 42,350 / m²JPY 42.35K / m²9.5 mCategory I exclusively low-rise residential zone
2023-10165.0 m²JPY 14MJPY 84,700 / m²JPY 84.7K / m²11 mCategory I exclusively low-rise residential zone
2023-10155.0 m²JPY 9.9MJPY 63,525 / m²JPY 63.525K / m²10.4 mCategory I exclusively low-rise residential zone
2023-07390.0 m²JPY 16MJPY 42,350 / m²JPY 42.35K / m²22 mCategory I mid/high-rise residential zone
2023-07210.0 m²JPY 15MJPY 69,575 / m²JPY 69.575K / m²15 mCategory I mid/high-rise residential zone
2023-011900.0 m²JPY 140MJPY 75,625 / m²JPY 75.625K / m²Not disclosedCategory I mid/high-rise residential zone
2023-01820.0 m²JPY 50MJPY 60,500 / m²JPY 60.5K / m²27 mCategory I mid/high-rise residential zone
2023-01165.0 m²JPY 13MJPY 78,650 / m²JPY 78.65K / m²8.5 mCategory I mid/high-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.

Minato land-price summary

The median published transaction price in Minato for 2023–2025 is JPY 69,575 / m²JPY 69.575K / m². A 100 m² plot would therefore be about JPY 6.96M 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 ↗