Property prices in Okayama
Median sale prices by municipality from real transactions (2023Q2–2026Q1). Rows for designated cities cover the whole city, and their prices average the ward medians, weighted by transaction count. Click a city for its full price breakdown, rankings, and for-sale market as of Aug 2026.
| City | Home median | Home ¥/m² | 3y change | Land ¥/m² | For sale (Aug 2026) |
|---|---|---|---|---|---|
| Hayashima | ¥29.0M | ¥270K/m² | +40.5% | ¥56K/m² | 32 |
| Naka Ward, Okayama | ¥24.0M | ¥210K/m² | -8.0% | ¥70K/m² | 631 |
| Kita Ward, Okayama | ¥24.5M | ¥184K/m² | -7.9% | ¥81K/m² | 1,106 |
| Okayamacity-wide | ¥23.3M | ¥183K/m² | — | ¥69K/m² | 2,642 |
| Minami Ward, Okayama | ¥24.0M | ¥183K/m² | -8.7% | ¥55K/m² | 542 |
| Kurashiki | ¥20.0M | ¥168K/m² | -11.8% | ¥44K/m² | 2,026 |
| Sojiya | ¥20.0M | ¥146K/m² | -27.0% | ¥44K/m² | 264 |
| Asakuchi | ¥17.5M | ¥146K/m² | +114.5% | ¥18K/m² | 144 |
| Higashi Ward, Okayama | ¥17.0M | ¥132K/m² | +2.4% | ¥43K/m² | 363 |
| Kibichuo | ¥11.5M | ¥131K/m² | +114.0% | ¥9K/m² | 69 |
| Setochi | ¥10.0M | ¥87K/m² | -5.1% | ¥26K/m² | 146 |
| Akaiwa | ¥8.7M | ¥72K/m² | -19.9% | ¥13K/m² | 113 |
| Tsuyama | ¥8.4M | ¥70K/m² | -10.4% | ¥23K/m² | 348 |
| Kasaoka | ¥8.6M | ¥65K/m² | -15.9% | ¥19K/m² | 104 |
| Kagamino | ¥8.1M | ¥53K/m² | +43.9% | ¥6K/m² | 12 |
| Ibara | ¥8.0M | ¥49K/m² | -43.4% | ¥15K/m² | 118 |
| Wake | ¥5.6M | ¥45K/m² | -22.5% | ¥8K/m² | 9 |
| Tamano | ¥5.0M | ¥43K/m² | -36.9% | ¥24K/m² | 181 |
| Satosho | ¥4.7M | ¥43K/m² | -70.1% | ¥13K/m² | 33 |
| Sho | ¥8.0M | ¥41K/m² | -42.9% | ¥14K/m² | 12 |
| Maniwa | ¥4.0M | ¥38K/m² | -18.4% | ¥8K/m² | 31 |
| Niimi | ¥4.0M | ¥37K/m² | -45.6% | ¥13K/m² | — |
| Takahashi | ¥4.8M | ¥31K/m² | -27.8% | ¥8K/m² | 27 |
| Yakage | ¥5.0M | ¥27K/m² | -10.3% | ¥10K/m² | 15 |
| Mimasaka | ¥3.0M | ¥23K/m² | -23.4% | ¥2K/m² | 39 |
| Bizen | ¥2.4M | ¥23K/m² | -36.2% | ¥4K/m² | 51 |
| Misaki | ¥2.6M | ¥22K/m² | -2.9% | ¥11K/m² | 8 |
| Kumenan | ¥3.2M | ¥17K/m² | — | ¥5K/m² | — |
| Nagi | ¥3.8M | ¥14K/m² | -55.3% | ¥500/m² | — |
Rows marked "city-wide" are whole designated cities. MLIT publishes their transaction data per ward, so the prices on those rows average the ward medians, weighted by transaction count, and are not themselves medians. The measured ward medians are the other rows of the same table.
Official land prices in Okayama: the 2026 prefectural land price survey
- Residential land
- -0.2%
- prior year -0.2%
- Commercial land
- +1.2%
- prior year +1.1%
Year-on-year change at the 1 July 2026 valuation
The rates for Okayama from the 2026 prefectural land price survey, published by Japan's Ministry of Land, Infrastructure, Transport and Tourism on 2026-09-15. Official land prices are appraised values per square metre set by each prefectural governor as of 1 July, which is a different measure from what properties actually sold for. The survey covers 21,466 points nationwide.
These rates are for Okayama as a whole. For what individual properties sold for city by city, see the table on this page.
Source: Ministry of Land, Infrastructure, Transport and Tourism, Summary of the 2026 Prefectural Land Price Survey (PDF)
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