Land prices / Okayama / Setochi

2022–2024 published land transactions

Okucho-Shimogasaka land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 14,823 / m²JPY 14.823K / m²
Median sample 5Five-year sample 7
Estimated price for 100 m²
JPY 1.48M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.08M
100 m² building using the 2025 benchmark

Okucho-Shimogasaka location

Okucho-Shimogasaka 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 14,218 / m² – JPY 36,300 / m²JPY 14.218K / m² – JPY 36.3K / m²
Average transaction price
JPY 22,143 / m²JPY 22.143K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 741,125JPY 741.125KJPY 710,875JPY 710.875K JPY 1.82M
100.0 m²30.3 tsuboJPY 1.48MJPY 1.42M JPY 3.63M
150.0 m²45.4 tsuboJPY 2.22MJPY 2.13M JPY 5.45M
200.0 m²60.5 tsuboJPY 2.96MJPY 2.84M JPY 7.26M

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
2024-04220.0 m²JPY 8.2MJPY 36,300 / m²JPY 36.3K / m²13 mOutside a city-planning area
2023-101200.0 m²JPY 11MJPY 9,075 / m²JPY 9.075K / m²18 mOutside a city-planning area
2023-04530.0 m²JPY 7.5MJPY 14,218 / m²JPY 14.218K / m²Not disclosedOutside a city-planning area
2023-04180.0 m²JPY 2.7MJPY 14,823 / m²JPY 14.823K / m²14 mOutside a city-planning area
2022-07195.0 m²JPY 7.3MJPY 36,300 / m²JPY 36.3K / m²15 mOutside a city-planning 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.

Okucho-Shimogasaka land-price summary

The median published transaction price in Okucho-Shimogasaka for 2022–2024 is JPY 14,823 / m²JPY 14.823K / m². A 100 m² plot would therefore be about JPY 1.48M 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 ↗