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

Based on published MLIT transaction data, Okayama — Okayama City, Higashi 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: 186 records

Median sale price
JPY 11,000,000
Median price per m²
JPY 42,000/㎡

Valid prices: 186 records/Valid unit prices: 186 records

Land and building

Transactions: 214 records

Median sale price
JPY 16,000,000
Median price per m²
—

Valid prices: 214 records/Valid unit prices: 0 records

Condominium

Transactions: 2 records

Median sale price
JPY 22,000,000
Median price per m²
—

Based on a small sample. Treat the result as indicative only.

Valid prices: 2 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 46 records/JPY 48,000/㎡ 76 records/— 0 records/—
2024 70 records/JPY 41,000/㎡ 65 records/— 1 records/—
2023 70 records/JPY 42,000/㎡ 73 records/— 1 records/—
2022 72 records/JPY 35,000/㎡ 75 records/— 1 records/—
2021 77 records/JPY 33,000/㎡ 78 records/— 1 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 30,000/㎡ (Valid: 99 records)
2017
JPY 32,000/㎡ (Valid: 88 records)
2018
JPY 31,000/㎡ (Valid: 65 records)
2019
JPY 33,000/㎡ (Valid: 84 records)
2020
JPY 27,000/㎡ (Valid: 95 records)
2021
JPY 33,000/㎡ (Valid: 77 records)
2022
JPY 35,000/㎡ (Valid: 72 records)
2023
JPY 42,000/㎡ (Valid: 70 records)
2024
JPY 41,000/㎡ (Valid: 70 records)
2025
JPY 48,000/㎡ (Valid: 46 records)

Land and building: — median sale price

2016
JPY 15,000,000 (Valid: 93 records)
2017
JPY 15,000,000 (Valid: 83 records)
2018
JPY 13,000,000 (Valid: 66 records)
2019
JPY 10,000,000 (Valid: 79 records)
2020
JPY 15,000,000 (Valid: 106 records)
2021
JPY 14,000,000 (Valid: 78 records)
2022
JPY 16,000,000 (Valid: 75 records)
2023
JPY 13,000,000 (Valid: 73 records)
2024
JPY 17,000,000 (Valid: 65 records)
2025
JPY 16,500,000 (Valid: 76 records)

Condominium: — median sale price

2016
データなし (Valid: 0 records)
2017
JPY 20,500,000 (Valid: 2 records)
2018
データなし (Valid: 0 records)
2019
JPY 15,000,000 (Valid: 1 records)
2020
JPY 20,000,000 (Valid: 1 records)
2021
JPY 24,000,000 (Valid: 1 records)
2022
JPY 24,000,000 (Valid: 1 records)
2023
JPY 22,000,000 (Valid: 1 records)
2024
JPY 22,000,000 (Valid: 1 records)
2025
データなし (Valid: 0 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.