Okayama — Kurashiki City — property transactions and local prices

Based on published MLIT transaction data, Okayama — Kurashiki City 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: 1,186 records

Median sale price
JPY 12,000,000
Median price per m²
JPY 45,000/㎡

Valid prices: 1186 records/Valid unit prices: 1186 records

Land and building

Transactions: 1,286 records

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

Valid prices: 1286 records/Valid unit prices: 0 records

Condominium

Transactions: 142 records

Median sale price
JPY 19,000,000
Median price per m²
—

Valid prices: 142 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 382 records/JPY 48,000/㎡ 452 records/— 47 records/—
2024 370 records/JPY 45,000/㎡ 394 records/— 50 records/—
2023 434 records/JPY 42,000/㎡ 440 records/— 45 records/—
2022 449 records/JPY 39,000/㎡ 400 records/— 53 records/—
2021 500 records/JPY 46,000/㎡ 459 records/— 34 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 39,000/㎡ (Valid: 472 records)
2017
JPY 43,000/㎡ (Valid: 449 records)
2018
JPY 39,000/㎡ (Valid: 359 records)
2019
JPY 42,000/㎡ (Valid: 470 records)
2020
JPY 39,000/㎡ (Valid: 547 records)
2021
JPY 46,000/㎡ (Valid: 500 records)
2022
JPY 39,000/㎡ (Valid: 449 records)
2023
JPY 42,000/㎡ (Valid: 434 records)
2024
JPY 45,000/㎡ (Valid: 370 records)
2025
JPY 48,000/㎡ (Valid: 382 records)

Land and building: — median sale price

2016
JPY 20,000,000 (Valid: 413 records)
2017
JPY 21,000,000 (Valid: 458 records)
2018
JPY 20,000,000 (Valid: 320 records)
2019
JPY 20,000,000 (Valid: 388 records)
2020
JPY 21,000,000 (Valid: 439 records)
2021
JPY 24,000,000 (Valid: 459 records)
2022
JPY 23,000,000 (Valid: 400 records)
2023
JPY 23,000,000 (Valid: 440 records)
2024
JPY 21,000,000 (Valid: 394 records)
2025
JPY 21,000,000 (Valid: 452 records)

Condominium: — median sale price

2016
JPY 10,500,000 (Valid: 40 records)
2017
JPY 19,000,000 (Valid: 35 records)
2018
JPY 17,000,000 (Valid: 36 records)
2019
JPY 14,500,000 (Valid: 44 records)
2020
JPY 17,000,000 (Valid: 50 records)
2021
JPY 24,000,000 (Valid: 34 records)
2022
JPY 20,000,000 (Valid: 53 records)
2023
JPY 22,000,000 (Valid: 45 records)
2024
JPY 17,500,000 (Valid: 50 records)
2025
JPY 18,000,000 (Valid: 47 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.