Okayama — Okayama City, Kita Ward — property transactions and local prices

Based on published MLIT transaction data, Okayama — Okayama City, Kita Ward transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 694 records

Median sale price
JPY 18,000,000
Median price per m²
JPY 83,000/㎡

Valid prices: 694 records/Valid unit prices: 694 records

Land and building

Transactions: 738 records

Median sale price
JPY 30,000,000
Median price per m²
—

Valid prices: 738 records/Valid unit prices: 0 records

Condominium

Transactions: 397 records

Median sale price
JPY 24,000,000
Median price per m²
—

Valid prices: 397 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 226 records/JPY 89,000/㎡ 257 records/— 124 records/—
2024 251 records/JPY 71,000/㎡ 229 records/— 146 records/—
2023 217 records/JPY 84,000/㎡ 252 records/— 127 records/—
2022 214 records/JPY 83,000/㎡ 230 records/— 123 records/—
2021 233 records/JPY 86,000/㎡ 262 records/— 135 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 65,000/㎡ (Valid: 263 records)
2017
JPY 76,000/㎡ (Valid: 237 records)
2018
JPY 68,000/㎡ (Valid: 178 records)
2019
JPY 74,000/㎡ (Valid: 244 records)
2020
JPY 73,000/㎡ (Valid: 249 records)
2021
JPY 86,000/㎡ (Valid: 233 records)
2022
JPY 83,000/㎡ (Valid: 214 records)
2023
JPY 84,000/㎡ (Valid: 217 records)
2024
JPY 71,000/㎡ (Valid: 251 records)
2025
JPY 89,000/㎡ (Valid: 226 records)

Land and building: — median sale price

2016
JPY 27,000,000 (Valid: 304 records)
2017
JPY 27,000,000 (Valid: 245 records)
2018
JPY 27,000,000 (Valid: 229 records)
2019
JPY 29,000,000 (Valid: 285 records)
2020
JPY 28,000,000 (Valid: 245 records)
2021
JPY 30,000,000 (Valid: 262 records)
2022
JPY 27,000,000 (Valid: 230 records)
2023
JPY 29,000,000 (Valid: 252 records)
2024
JPY 33,000,000 (Valid: 229 records)
2025
JPY 24,000,000 (Valid: 257 records)

Condominium: — median sale price

2016
JPY 14,000,000 (Valid: 133 records)
2017
JPY 15,500,000 (Valid: 122 records)
2018
JPY 18,000,000 (Valid: 98 records)
2019
JPY 18,000,000 (Valid: 130 records)
2020
JPY 20,000,000 (Valid: 144 records)
2021
JPY 17,000,000 (Valid: 135 records)
2022
JPY 20,000,000 (Valid: 123 records)
2023
JPY 25,000,000 (Valid: 127 records)
2024
JPY 22,500,000 (Valid: 146 records)
2025
JPY 23,500,000 (Valid: 124 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.