Nagoya-Shi Apartment average value

Price 337,530 JPY/sq.m
- Age 22.4 years old
- Dist. from Sta. 8.4 min walk
- Property area 63.9 sq.m

The average price of Aichi Nagoya-Shi Apartment, in 2020 was 362,365 JPY/sq.m. The market value represents an increase of 12,535 JPY (+3.6%) compared to 1 year ago and a transition to a some market.

One distinguishing feature of recent real-estate transactions was an decrease in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 1.1% of total transactions in 2019 and 1.5% of total transactions in 2020)
  • A some increase in transactions involving recently constructed buildings under 6 years old (representing 5.9% of total transactions in 2019 and 6.3% of total transactions in 2020)

Causes of price decreases

  • A some decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 11.8% of total transactions in 2019 and 10.9% of total transactions in 2020)
  • A some increase in transactions involving older buildings over 40 years old (representing 10.4% of total transactions in 2019 and 11.2% of total transactions in 2020)
Data regarding the market value and its changes of Apartment in Nagoya-Shi were calculated using data on the sales of 20,061 properties provided by the MLIT Japan.

Nagoya-Shi Apartment market value list

AreaAverage Trading PriceAverage Unit Price#
Chikusa-Ku28,504,890 JPY398,813 JPY/sq.m2,189 件
Higashi-Ku24,098,348 JPY404,463 JPY/sq.m1,591 件
Kita-Ku20,071,956 JPY279,627 JPY/sq.m1,027 件
Nishi-Ku21,813,443 JPY374,526 JPY/sq.m1,183 件
Nakamura-Ku15,998,049 JPY402,179 JPY/sq.m818 件
Naka-Ku19,177,698 JPY438,307 JPY/sq.m2,685 件
Showa-Ku25,805,900 JPY361,861 JPY/sq.m1,389 件
Mizuho-Ku25,820,870 JPY347,772 JPY/sq.m885 件
Atsuta-Ku22,193,296 JPY313,112 JPY/sq.m647 件
Nakagawa-Ku16,758,599 JPY236,084 JPY/sq.m771 件
Minato-Ku13,332,474 JPY187,745 JPY/sq.m932 件
Minami-Ku14,900,375 JPY206,589 JPY/sq.m813 件
Moriyama-Ku14,821,212 JPY206,764 JPY/sq.m1,033 件
Midori-Ku17,603,784 JPY233,270 JPY/sq.m1,423 件
Meito-Ku22,941,214 JPY308,851 JPY/sq.m1,398 件
Tenpaku-Ku21,704,709 JPY296,796 JPY/sq.m1,277 件

Nagoya-Shi Apartment value Age transition

Market values (unit price: sq.m, ㎡) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Apartment in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New663,972 JPY/sq.m100 %
Residual Value (10 Years)479,130 JPY/sq.m72 %
Residual Value (20 Years)338,785 JPY/sq.m51 %
Residual Value (20 Years)242,937 JPY/sq.m37 %
Color:
Unit:   Touch:
Apartment value Age transition. Market values in terms of Age.

Apartment value Age transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Nagoya-Shi Apartment market value

We can calculate market values for Apartment based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Nagoya-Shi Apartment that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Apartment sales data, with similarly entered ages, area, and distances from station are as follows.

1. Aichi Nagoya-Shi Showa-Ku 山脇町 (Nagoya-Shi Arahata 7.0 min walk)
21.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   29,000,000 JPY,    Unit price:   386,667 JPY/sq.m

2. Aichi Nagoya-Shi Mizuho-Ku 大殿町 (Nagoya-Shi Mizuhokuyakusho 7.0 min walk)
21.3 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   360,000 JPY/sq.m

3. Aichi Nagoya-Shi Minami-Ku 白雲町 (Nagoya-Shi Motokasadera 7.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-06-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   171,429 JPY/sq.m

4. Aichi Nagoya-Shi Meito-Ku 本郷 (Nagoya-Shi Honngou 7.0 min walk)
21.3 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-06-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   242,857 JPY/sq.m

5. Aichi Nagoya-Shi Atsuta-Ku 新尾頭 (Nagoya-Shi Nishitakakura 7.0 min walk)
21.3 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-06-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   292,308 JPY/sq.m

6. Aichi Nagoya-Shi Chikusa-Ku 千種 (Nagoya-Shi Fukiage 7.0 min walk)
21.0 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2016-03-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   307,692 JPY/sq.m

7. Aichi Nagoya-Shi Mizuho-Ku 八勝通 (Nagoya-Shi Mizuhounndoujouhigashi 7.0 min walk)
21.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-09-01 00:00:00

Trading price:   25,000,000 JPY,    Unit price:   384,615 JPY/sq.m

8. Aichi Nagoya-Shi Tenpaku-Ku 原 (Nagoya-Shi Hara 7.0 min walk)
21.0 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2017-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   200,000 JPY/sq.m

9. Aichi Nagoya-Shi Nishi-Ku 鳥見町 (Nagoya-Shi Shounaidoori 7.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2006-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   157,143 JPY/sq.m

10. Aichi Nagoya-Shi Moriyama-Ku 町北 (Nagoya-Shi Moriyamajieitaimae 7.0 min walk)
21.5 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2007-09-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   123,077 JPY/sq.m

11. Aichi Nagoya-Shi Tenpaku-Ku 八事山 (Nagoya-Shi Yagoto 7.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2007-09-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

12. Aichi Nagoya-Shi Chikusa-Ku 高見 (Nagoya-Shi Ikeshita 7.0 min walk)
21.5 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2020-09-01 00:00:00

Trading price:   33,000,000 JPY,    Unit price:   440,000 JPY/sq.m

13. Aichi Nagoya-Shi Nakagawa-Ku 柳堀町 (Nagoya-Shi Sannnou 7.0 min walk)
21.5 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2012-09-01 00:00:00

Trading price:   7,500,000 JPY,    Unit price:   107,143 JPY/sq.m

14. Aichi Nagoya-Shi Nishi-Ku 那古野 (Nagoya-Shi Kokusaisennta- 7.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 2LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   27,000,000 JPY,    Unit price:   415,385 JPY/sq.m

15. Aichi Nagoya-Shi Atsuta-Ku 新尾頭 (Nagoya-Shi Nishitakakura 7.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2015-12-01 00:00:00

Trading price:   15,000,000 JPY,    Unit price:   230,769 JPY/sq.m

16. Aichi Nagoya-Shi Higashi-Ku 泉 (Nagoya-Shi Takaoka 7.0 min walk)
20.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 4LDK , Structure: SRC
- Trading date: 2013-12-01 00:00:00

Trading price:   23,000,000 JPY,    Unit price:   306,667 JPY/sq.m

17. Aichi Nagoya-Shi Tenpaku-Ku 植田本町 (Nagoya-Shi Hara 7.0 min walk)
20.8 years old , Area: 65.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2015-12-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   261,538 JPY/sq.m

18. Aichi Nagoya-Shi Tenpaku-Ku 原 (Nagoya-Shi Ueda 7.0 min walk)
20.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: SRC
- Trading date: 2016-12-01 00:00:00

Trading price:   24,000,000 JPY,    Unit price:   342,857 JPY/sq.m

19. Aichi Nagoya-Shi Showa-Ku 御器所 (Nagoya-Shi Arahata 7.0 min walk)
20.8 years old , Area: 75.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2005-12-01 00:00:00

Trading price:   16,000,000 JPY,    Unit price:   213,333 JPY/sq.m

20. Aichi Nagoya-Shi Chikusa-Ku 今池南 (Nagoya-Shi Imaike 7.0 min walk)
21.8 years old , Area: 70.0 sq.m , Total floor area: sq.m , Layout: 3LDK , Structure: RC
- Trading date: 2019-12-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   300,000 JPY/sq.m

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Apartment market value trends

Market value trends for Apartment are as follows.

Data:
Unit:   Touch:
Apartment market value trends Market value trends for Apartment.

Apartment market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was an decrease in transactions involving relatively new buildings under 20 years old, as well as a dramatic increase in transactions involving new buildings under 10 years old.

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 1.1% of total transactions in 2019 and 1.5% of total transactions in 2020)
  • A some increase in transactions involving recently constructed buildings under 6 years old (representing 5.9% of total transactions in 2019 and 6.3% of total transactions in 2020)

Causes of price decreases

  • A some decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 11.8% of total transactions in 2019 and 10.9% of total transactions in 2020)
  • A some increase in transactions involving older buildings over 40 years old (representing 10.4% of total transactions in 2019 and 11.2% of total transactions in 2020)
The table below shows Apartment dealt in Aichi Nagoya-Shi, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Nagoya-Shi

The closest areas in terms of Apartment price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Atsuta-Ku 河田町 (2) [Area]21,500,000343,590 JPY/sq.m20.1 yrs10 min62 sq.m
Nakamura-Ku 則武本通 (9) [Area]23,000,000328,571 JPY/sq.m18.5 yrs7 min70 sq.m
Nagoya-Shi Mizuho-Ku (885) [Area]27,000,000350,000 JPY/sq.m19.5 yrs7 min70 sq.m
Chikusa-Ku 御棚町 (15) [Area]29,000,000353,846 JPY/sq.m19.3 yrs9 min75 sq.m
Kitanagoya-Shi 西之保 (24) [Area]24,000,000319,934 JPY/sq.m22.5 yrs10 min75 sq.m
Nagoya Subway Meijo Line Mizuhounndoujouhigashi (182) [Stations]25,000,000330,303 JPY/sq.m19.6 yrs7 min70 sq.m
Nagoya Subway Tsurumai Line Arahata (152) [Stations]22,500,000345,238 JPY/sq.m20.5 yrs7 min70 sq.m
Nagoya Subway (16,541) [Stations]20,000,000328,571 JPY/sq.m20.5 yrs7 min70 sq.m
Nagoya Subway Nagoya Subway Higashiyama Line (5,112) [Stations]19,000,000328,571 JPY/sq.m20.9 yrs7 min70 sq.m
Nagoya Subway Tsurumai Line Kawana (220) [Stations]25,000,000328,571 JPY/sq.m22.8 yrs7 min75 sq.m