Land prices / Niigata / Joetsu

2024 published land transactions

Teramachi land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Teramachi, Joetsu. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2024)
JPY 8,470 / m²JPY 8.47K / m²
Median sample 3Five-year sample 13
Estimated price for 100 m²
JPY 847,000JPY 847K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.45M
100 m² building using the 2025 benchmark

Teramachi location

Teramachi location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2024)

Middle 50% price range
JPY 6,504 / m² – JPY 14,369 / m²JPY 6.504K / m² – JPY 14.369K / m²
Average transaction price
JPY 11,092 / m²JPY 11.092K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 423,500JPY 423.5KJPY 325,188JPY 325.188K JPY 718,438JPY 718.438K
100.0 m²30.3 tsuboJPY 847,000JPY 847KJPY 650,375JPY 650.375K JPY 1.44M
150.0 m²45.4 tsuboJPY 1.27MJPY 975,563JPY 975.563K JPY 2.16M
200.0 m²60.5 tsuboJPY 1.69MJPY 1.3M JPY 2.87M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions3
Indicative
4
Indicative
3
Indicative
3
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07400.0 m²JPY 8MJPY 20,268 / m²JPY 20.268K / m²10 mCategory I mid/high-rise residential zone
2024-07260.0 m²JPY 2.2MJPY 8,470 / m²JPY 8.47K / m²31 mCategory I mid/high-rise residential zone
2024-01110.0 m²JPY 500,000JPY 500KJPY 4,538 / m²JPY 4.538K / m²12 mCategory I mid/high-rise residential zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Teramachi land-price summary

The median published transaction price in Teramachi for 2024 is JPY 8,470 / m²JPY 8.47K / m². A 100 m² plot would therefore be about JPY 847,000JPY 847K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Station-area land prices near Teramachi

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗