Niigata Apartment market overview [Show ]

The average price of a sq.m Apartment of Niigata was 173,932 JPY/sq.m, and the median price was 157,894 JPY/sq.m.

The highest Apartment market value is Shinkansen at 157,894 JPY/sq.m. On the other hand, those with the lowest market value is JR at 157,894 JPY/sq.m.

In accordance with the aging of buildings, the area whose values were most likely to decline was the Shibata-Shi at -60.7% (The rate of decline after 30 years). On the other hand, market values along the Joetsu-Shi was the most resistant to decline at -52.4% (The same rate).

In accordance with the aging of buildings, the stations whose values were most likely to decline was the Shinkansen at -56.1% (The rate of decline after 30 years). On the other hand, market values along the JR was the most resistant to decline at -52.7% (The same rate).

Data regarding the market value and its changes were calculated using data on the sales of 2,366 properties provided by the MLIT Japan.

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Market value

AreaAverage Trading PriceAverage Unit Price
Niigata-Shi10,767,400 JPY175,761 JPY/sq.m
Nagaoka-Shi9,591,792 JPY154,218 JPY/sq.m
Sanjo-Shi13,433,333 JPY169,378 JPY/sq.m
Shibata-Shi5,883,333 JPY113,687 JPY/sq.m
Joetsu-Shi24,427,500 JPY210,522 JPY/sq.m
StationsAverage Trading PriceAverage Unit Price
JR11,229,073 JPY174,050 JPY/sq.m
Shinkansen10,736,476 JPY177,605 JPY/sq.m
Other12,445,454 JPY177,794 JPY/sq.m