Land prices / Okayama / Okayama-Naka

2022–2024 published land transactions

Shoda land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 51,425 / m²JPY 51.425K / m²
Median sample 5Five-year sample 6
Estimated price for 100 m²
JPY 5.14M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.75M
100 m² building using the 2025 benchmark

Shoda location

Shoda location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2022–2024)

Middle 50% price range
JPY 51,425 / m² – JPY 54,450 / m²JPY 51.425K / m² – JPY 54.45K / m²
Average transaction price
JPY 58,080 / m²JPY 58.08K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.57MJPY 2.57M JPY 2.72M
100.0 m²30.3 tsuboJPY 5.14MJPY 5.14M JPY 5.45M
150.0 m²45.4 tsuboJPY 7.71MJPY 7.71M JPY 8.17M
200.0 m²60.5 tsuboJPY 10.29MJPY 10.29M JPY 10.89M

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

Published land transactions (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07400.0 m²JPY 21MJPY 51,425 / m²JPY 51.425K / m²Not disclosedUrbanization control area
2024-04290.0 m²JPY 14MJPY 48,400 / m²JPY 48.4K / m²Not disclosedUrbanization control area
2022-07120.0 m²JPY 6.2MJPY 51,425 / m²JPY 51.425K / m²10 mUrbanization control area
2022-01185.0 m²JPY 16MJPY 84,700 / m²JPY 84.7K / m²12 mUrbanization control area
2022-01160.0 m²JPY 8.9MJPY 54,450 / m²JPY 54.45K / m²20 mUrbanization control area

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.

Shoda land-price summary

The median published transaction price in Shoda for 2022–2024 is JPY 51,425 / m²JPY 51.425K / m². A 100 m² plot would therefore be about JPY 5.14M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗