Land prices / Okayama / Wake

2023 published land transactions

Masubara land prices and price trends

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

Median transaction price per m² (2023)
JPY 1,800 / m²JPY 1.8K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 179,988JPY 179.988K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.78M
100 m² building using the 2025 benchmark

Masubara location

Masubara 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)

Middle 50% price range
JPY 1,444 / m² – JPY 2,155 / m²JPY 1.444K / m² – JPY 2.155K / m²
Average transaction price
JPY 1,800 / m²JPY 1.8K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 89,994JPY 89.994KJPY 72,222JPY 72.222K JPY 107,766JPY 107.766K
100.0 m²30.3 tsuboJPY 179,988JPY 179.988KJPY 144,444JPY 144.444K JPY 215,531JPY 215.531K
150.0 m²45.4 tsuboJPY 269,981JPY 269.981KJPY 216,666JPY 216.666K JPY 323,297JPY 323.297K
200.0 m²60.5 tsuboJPY 359,975JPY 359.975KJPY 288,888JPY 288.888K JPY 431,063JPY 431.063K

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 2023 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-079999.0 m²JPY 10MJPY 1,089 / m²JPY 1.089K / m²9999.9 mNon-line-delineated city-planning area
2023-049999.0 m²JPY 30MJPY 2,511 / m²JPY 2.511K / m²9999.9 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.

Masubara land-price summary

The median published transaction price in Masubara for 2023 is JPY 1,800 / m²JPY 1.8K / m². A 100 m² plot would therefore be about JPY 179,988JPY 179.988K by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2023.

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 ↗