Okayama Apartment market overview [Show ]

The average price of a sq.m Apartment of Okayama was 215,966 JPY/sq.m, and the median price was 200,000 JPY/sq.m.

The highest Apartment market value is Shinkansen at 213,333 JPY/sq.m. On the other hand, those with the lowest market value is JR at 200,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Tsuyama-Shi at -62.9% (The rate of decline after 30 years). On the other hand, market values along the Kurashiki-Shi was the most resistant to decline at -49.2% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -53.2% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -51.4% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 1,712 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Okayama-Shi [Land utilization ]14,866,608 JPY217,176 JPY/sq.m
Kurashiki-Shi [Land utilization ]13,937,500 JPY218,386 JPY/sq.m
Tsuyama-Shi [Land utilization ]8,202,609 JPY122,604 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR [Land utilization ]14,673,078 JPY216,610 JPY/sq.m
Shinkansen [Land utilization ]15,140,818 JPY226,843 JPY/sq.m
Other [Land utilization ]8,369,231 JPY142,033 JPY/sq.m