Land prices / Okayama / Okayama-Naka

2023–2025 published land transactions

Otami land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 46,888 / m²JPY 46.888K / m²
Median sample 10Five-year sample 12
Estimated price for 100 m²
JPY 4.69M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.29M
100 m² building using the 2025 benchmark

Otami location

Otami 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 45,375 / m² – JPY 71,088 / m²JPY 45.375K / m² – JPY 71.088K / m²
Average transaction price
JPY 55,660 / m²JPY 55.66K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.34MJPY 2.27M JPY 3.55M
100.0 m²30.3 tsuboJPY 4.69MJPY 4.54M JPY 7.11M
150.0 m²45.4 tsuboJPY 7.03MJPY 6.81M JPY 10.66M
200.0 m²60.5 tsuboJPY 9.38MJPY 9.08M JPY 14.22M

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
2025-01560.0 m²JPY 46MJPY 81,675 / m²JPY 81.675K / m²Not disclosedCategory I residential zone
2024-07330.0 m²JPY 16MJPY 48,400 / m²JPY 48.4K / m²Not disclosedCategory I exclusively low-rise residential zone
2024-04760.0 m²JPY 25MJPY 33,275 / m²JPY 33.275K / m²Not disclosedIndustrial zone
2024-04190.0 m²JPY 14MJPY 72,600 / m²JPY 72.6K / m²Not disclosedCategory I residential zone
2024-019999.0 m²JPY 80MJPY 39,325 / m²JPY 39.325K / m²12 mCategory I residential zone
2024-01620.0 m²JPY 49MJPY 78,650 / m²JPY 78.65K / m²Not disclosedQuasi-industrial zone
2023-07610.0 m²JPY 28MJPY 45,375 / m²JPY 45.375K / m²36 mQuasi-industrial zone
2023-07570.0 m²JPY 26MJPY 45,375 / m²JPY 45.375K / m²25.5 mQuasi-industrial zone
2023-04240.0 m²JPY 11MJPY 45,375 / m²JPY 45.375K / m²15 mCategory I residential zone
2023-01390.0 m²JPY 25MJPY 66,550 / m²JPY 66.55K / m²30 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.

Otami land-price summary

The median published transaction price in Otami for 2023–2025 is JPY 46,888 / m²JPY 46.888K / m². A 100 m² plot would therefore be about JPY 4.69M 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 ↗