Land prices / Okayama / Tsuyama

2024 published land transactions

Nakashima land prices and price trends

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

Median transaction price per m² (2024)
JPY 12,100 / m²
Median sample 3Five-year sample 4
Estimated price for 99.2 m² (30 tsubo)
JPY 1.2M
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.5M
99.2 m² (30-tsubo) building using the 2025 benchmark

Nakashima location

Nakashima 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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Price distribution (2024)

Middle 50% price range
JPY 9,075 / m² – JPY 17,848 / m²
Average transaction price
JPY 13,915 / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 800,000JPY 600,000 JPY 1.18M
99.2 m²30 tsuboJPY 1.2MJPY 900,000 JPY 1.77M
132.2 m²40 tsuboJPY 1.6MJPY 1.2M JPY 2.36M
165.3 m²50 tsuboJPY 2MJPY 1.5M JPY 2.95M

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 (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04210.0 m²JPY 5MJPY 23,595 / m²16.5 mNon-line-delineated city-planning area
2024-04610.0 m²JPY 3.7MJPY 6,050 / m²20 mIndustrial zone
2024-01280.0 m²JPY 3.4MJPY 12,100 / m²19 mNon-line-delineated 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.

Nakashima land-price summary

The median published transaction price in Nakashima for 2024 is JPY 12,100 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 1.2M 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 ↗