Okayama: Cities with the highest commercial land prices

Municipalities ranked by the average price of commercial survey sites (yen per m²).

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

RankAreaCities: commercialAvg. residential1 year5 yearsIndex
1Kita Ward
Okayama City, Okayama
¥319K/m² ¥83K/m² +3.2%+13.6% 83
2Naka Ward
Okayama City, Okayama
¥122K/m² ¥81K/m² +3.0%+11.8% 78
3Kurashiki City
Okayama
¥97K/m² ¥51K/m² +1.2%+5.3% 75
4Hayashima Town
Okayama
¥78K/m² ¥56K/m² +3.1%+12.8% 69
5Minami Ward
Okayama City, Okayama
¥78K/m² ¥51K/m² +2.0%+7.2% 72
6Soja City
Okayama
¥65K/m² ¥38K/m² +1.6%+7.4% 70
7Kasaoka City
Okayama
¥59K/m² ¥30K/m² −0.5%−2.1% 49
8Higashi Ward
Okayama City, Okayama
¥54K/m² ¥33K/m² +0.4%+0.7% 64
9Asakuchi City
Okayama
¥50K/m² ¥29K/m² +0.2%−0.1% 56
10Tamano City
Okayama
¥48K/m² ¥30K/m² −1.0%−5.5% 42
11Tsuyama City
Okayama
¥47K/m² ¥20K/m² −0.5%−3.9% 44
12Niimi City
Okayama
¥46K/m² ¥12K/m² −1.4%−8.0% 25
13Takahashi City
Okayama
¥45K/m² ¥16K/m² −1.3%−7.6% 28
14Satosho Town
Okayama
¥40K/m² ¥29K/m² +0.4%+0.1% 53
15Bizen City
Okayama
¥39K/m² ¥18K/m² −1.3%−6.9% 30
16Setouchi City
Okayama
¥38K/m² ¥21K/m² −0.5%−2.0% 49
17Ibara City
Okayama
¥35K/m² ¥17K/m² −1.2%−6.0% 33
18Shoo Town
Okayama
¥34K/m² ¥21K/m² −0.2%−0.5% 44
19Akaiwa City
Okayama
¥34K/m² ¥15K/m² −0.7%−3.8% 41
20Yakage Town
Okayama
¥28K/m² ¥15K/m² −0.4%−2.5% 40
21Wake Town
Okayama
¥27K/m² ¥10K/m² −0.7%−4.3% 31
22Maniwa City
Okayama
¥25K/m² ¥12K/m² −1.4%−8.0% 27
23Mimasaka City
Okayama
¥21K/m² ¥7,128/m² −2.0%−10.3% 17
24Kumenan Town
Okayama
¥21K/m² ¥7,205/m² −0.5%−2.8% 31
25Kagamino Town
Okayama
¥19K/m² ¥6,217/m² −1.4%−7.9% 20
26Misaki Town
Okayama
¥18K/m² ¥5,420/m² −0.9%−5.6% 26
27Nagi Town
Okayama
¥16K/m² ¥6,015/m² −1.4%−7.6% 16
28Kibichuo Town
Okayama
¥9,870/m² ¥4,560/m² −1.2%−6.6% 20

28 areas · calculated Nov 5, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.

Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.