Land prices / Niigata / Niigata-Konan

2023–2025 published land transactions

Nishimachi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 84,700 / m²JPY 84.7K / m²
Median sample 7Five-year sample 10
Estimated price for 100 m²
JPY 8.47M
Simple estimate using the displayed median
Estimated land + building budget
JPY 45.07M
100 m² building using the 2025 benchmark

Nishimachi location

Nishimachi 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 (2023–2025)

Middle 50% price range
JPY 39,325 / m² – JPY 101,338 / m²JPY 39.325K / m² – JPY 101.338K / m²
Average transaction price
JPY 72,687 / m²JPY 72.687K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 4.24MJPY 1.97M JPY 5.07M
100.0 m²30.3 tsuboJPY 8.47MJPY 3.93M JPY 10.13M
150.0 m²45.4 tsuboJPY 12.71MJPY 5.9M JPY 15.2M
200.0 m²60.5 tsuboJPY 16.94MJPY 7.87M JPY 20.27M

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
2122232425
Year20212022202320242025
Public transactions2
Indicative
1
Indicative
1
Indicative
4
Indicative
2
Indicative
Official observations11111

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-10130.0 m²JPY 15MJPY 114,950 / m²JPY 114.95K / m²11 mCategory I residential zone
2025-07190.0 m²JPY 5.3MJPY 27,830 / m²JPY 27.83K / m²9.5 mCategory I residential zone
2024-07190.0 m²JPY 16MJPY 84,700 / m²JPY 84.7K / m²18.5 mCategory I residential zone
2024-07200.0 m²JPY 9.3MJPY 45,375 / m²JPY 45.375K / m²12.5 mCategory I residential zone
2024-04680.0 m²JPY 23MJPY 33,275 / m²JPY 33.275K / m²Not disclosedCategory I residential zone
2024-04130.0 m²JPY 13MJPY 96,800 / m²JPY 96.8K / m²8 mCategory I residential zone
2023-01185.0 m²JPY 20MJPY 105,875 / m²JPY 105.875K / m²12.5 mCategory I 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.

Nishimachi land-price summary

The median published transaction price in Nishimachi for 2023–2025 is JPY 84,700 / m²JPY 84.7K / m². A 100 m² plot would therefore be about JPY 8.47M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Nishimachi

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 ↗