Hokancho, Kita Ward, Okayama City: property prices and land values

奉還町(北区)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
No data
Avg. commercial land price
¥178K/m²
≈ $104/sq ft · 1 sites
1-year change
+2.9%
Residential — · commercial +2.9%
5 years / 10 years
+8.5% / +22.8%
Same sites, chained
Pre-owned condos per m²
¥462K/m²
70 m² ≈ ¥32.4M · 19 sales
Pre-owned houses (median)
¥28.0M
≈ $177K · 13 sales
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥120K/m²¥140K/m²¥160K/m²¥180K/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+2.2% a year
—¥182K/m²¥190K/m²¥198K/m²¥221K/m²

Forecasts are projections, not guarantees. 10-year range: ¥181K/m²–¥261K/m²

Hokancho, Kita Ward, Okayama City compared with larger areas

AreaAvg. residential≈ USD/sq ftHokancho, Kita Ward, Okayama City is1 year5 yearsCondos per m²Index
Hokancho, Kita Ward, Okayama City —— +2.9%+8.5% ¥462K/m²—
Kita Ward, Okayama City ¥83K/m²$49/sq ft +3.2%+13.6% ¥333K/m²83
Okayama City ¥66K/m²$39/sq ft +2.5%+9.9% ¥300K/m²—
Okayama ¥40K/m²$23/sq ft +0.7%+2.1% ¥293K/m²59
Japan ¥120K/m²$70/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
岡山県 岡山市北区奉還町2丁目1番108
Land Price Publication 2026
Commercial¥178K/m²$104/sq ft +2.9%岡山
430 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 33 sales

Condos per m² (median)
¥462K/m²
Condo price (median)
¥44.0M
Land & building (median)
¥28.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 29 · Land & building 22 · Land 3

DistrictPeriodTypePriceAreaBuiltPer m²
HokanchoQ2 2026Pre-owned condo (contract) ¥40.0M80 m²2017¥500K/m²
HokanchoQ2 2026Pre-owned condo (contract) ¥53.0M120 m²2003¥442K/m²
HokanchoQ2 2026Pre-owned condo (contract) ¥44.0M95 m²2013¥463K/m²
HokanchoQ2 2026Pre-owned condo ¥37.0M75 m²2003¥493K/m²
HokanchoQ2 2026Land & building ¥55.0M80 m²2014—
HokanchoQ1 2026Pre-owned condo (contract) ¥47.0M105 m²2003¥448K/m²
HokanchoQ1 2026Pre-owned condo (contract) ¥29.0M80 m²2003¥362K/m²
HokanchoQ1 2026Pre-owned condo (contract) ¥37.0M80 m²2003¥462K/m²
HokanchoQ1 2026Pre-owned condo ¥40.0M75 m²2017¥533K/m²
HokanchoQ1 2026Land & building ¥90.0M195 m²1962—
HokanchoQ1 2026Land & building ¥3.5M50 m²——
HokanchoQ1 2026Land & building ¥28.0M210 m²1988—
HokanchoQ1 2026Land & building ¥18.0M65 m²1996—
HokanchoQ4 2025Pre-owned condo (contract) ¥45.0M75 m²2023¥600K/m²
HokanchoQ4 2025Land & building (contract) ¥37.0M115 m²2016—
HokanchoQ4 2025Land & building (contract) ¥30.0M80 m²2018—
HokanchoQ4 2025Pre-owned condo ¥49.0M80 m²—¥612K/m²
HokanchoQ4 2025Land & building ¥18.0M70 m²1975—
HokanchoQ3 2025Land & building ¥310.0M185 m²2020—
HokanchoQ3 2025Pre-owned condo (contract) ¥45.0M75 m²2023¥600K/m²

Nearby neighborhoods

FAQ

Are land prices in Hokancho, Kita Ward, Okayama City going up?

Land prices in Hokancho, Kita Ward, Okayama City have risen by +2.9% on average over the past year. Over five years the change is +8.5%.

How much do pre-owned condos cost in Hokancho, Kita Ward, Okayama City?

The median price of pre-owned condo transactions in the last two years is ¥462,500 per m², with a median price of ¥44.0 million (19 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Hokancho, Kita Ward, Okayama City?

The Fudosan Zukan model projects residential land prices to change by +2.2% a year, reaching about ¥220,828 per m² in 10 years (range ¥181,079–¥260,577). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥158.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.