Akita JR Oga Line Land market overview [Show ]

The average price of a sq.m Land of Akita JR JR Oga Line, in 2017 was 300 JPY/sq.m. The market value represents a decrease of 6,613 JPY (-95.7%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 27 (-96.4%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 100.0 sq.m (a -88.1% decrease compared to the 837.9 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large size more than 100 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 22.4 min in 2016 and 120.0 min in 2017; +435.0%)

The highest Land market value is Funakoshi at 15,000 JPY/sq.m. On the other hand, those with the lowest market value is Tennnou at 3,764 JPY/sq.m.

Data regarding the market value and its changes of Land in JR Oga Line were calculated using data on the sales of 482 properties provided by the MLIT Japan.





Market value

StationsAverage Trading PriceAverage Unit Price
Oiwake5,438,611 JPY11,111 JPY/sq.m
Detohama2,259,836 JPY6,191 JPY/sq.m
Kamifutada6,756,800 JPY5,317 JPY/sq.m
Futada5,966,615 JPY10,736 JPY/sq.m
Tennnou1,531,333 JPY5,264 JPY/sq.m
Funakoshi7,559,744 JPY13,635 JPY/sq.m
Wakimoto2,097,414 JPY5,758 JPY/sq.m
Hadachi2,364,762 JPY8,319 JPY/sq.m
Oga3,757,027 JPY9,282 JPY/sq.m