Niigata Apartment market overview [Show ]

The average price of a sq.m Apartment of Niigata was 175,310 JPY/sq.m, and the median price was 160,000 JPY/sq.m.

The highest Apartment market value is Shinkansen at 160,000 JPY/sq.m. On the other hand, those with the lowest market value is JR at 160,000 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Shibata-Shi at -77.2% (The rate of decline after 30 years). On the other hand, market values along the Joetsu-Shi was the most resistant to decline at -50.6% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -56.5% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -54.5% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 2,457 properties provided by the MLIT Japan.

Value:

Unit:

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Market value

AreaAverage Trading PriceAverage Unit Price
Niigata-Shi10,819,591 JPY178,403 JPY/sq.m
Nagaoka-Shi9,435,393 JPY154,010 JPY/sq.m
Sanjo-Shi13,433,333 JPY169,378 JPY/sq.m
Shibata-Shi5,890,000 JPY115,182 JPY/sq.m
Joetsu-Shi13,736,364 JPY191,236 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR10,702,684 JPY175,453 JPY/sq.m
Shinkansen10,775,762 JPY180,590 JPY/sq.m
Other12,445,454 JPY177,794 JPY/sq.m