Property prices in Sho
Median sale prices in Sho, Okayama from real transactions (2023Q2–2026Q1) — homes, apartments, and land, plus the current for-sale market.
- Median home price
- ¥8.0M
- Home ¥/m²
- ¥41K/m²
- 3-year change
- -42.9%
- For sale now
- 12
By home price per m², Sho ranks #19 of 28 municipalities in Okayama and #1220 of 1684 nationwide.
Prices by property type
| Type | Median sold price | ¥/m² (25–75% range) | 3y change | Median asking price | For sale |
|---|---|---|---|---|---|
| Homes | ¥8.0M | ¥41K/m²¥29K–¥64K | -42.9% | ¥18.8M | 7 |
| Land | ¥7.1M | ¥14K/m²¥9K–¥30K | +83.0% | ¥10.3M | 5 |
Only segments with at least 5 transactions are shown. Apartment ¥/m² is a sold figure from the transaction records; there is no asking ¥/m² for apartments, because listings carry no unit area.
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 prefecture-wide rates 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 the prices Sho properties actually sold for in the table above. 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 above.
Source: Ministry of Land, Infrastructure, Transport and Tourism, Summary of the 2026 Prefectural Land Price Survey (PDF)
Research Sho properties in depth
Lot boundaries, official land prices, individual transactions, hazard maps, school districts, and demographics — all in one research map, free to start.
How much does a house cost in Sho?
The median sold price for a house (land + building) in Sho is ¥8.0M (¥41K/m²), based on real transactions from 2023Q2–2026Q1.
How much does land cost in Sho?
The median price of residential land in Sho is ¥14K/m², with a median lot price of ¥7.1M (2023Q2–2026Q1).
Are property prices in Sho rising?
Home prices per m² in Sho have changed -42.9% compared with the previous three-year period.
Nearby municipalities
Onigiri Newsletter
Big market, small bites.
Japan's property market decoded from real transaction data, minus the spreadsheet. A short, plain-language read in your inbox. Free, no spam, unsubscribe anytime.
- Bite-size: a few minutes, not a research report
- From real transaction and registry data
- Plain language, no jargon
About this data
Source: MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) real estate transaction records, 2023Q2–2026Q1. Only segments with at least 5 transactions are shown. For-sale figures come from active listings tracked and deduplicated by Japan Property Research.