Land prices / Niigata / Niigata-Nishi

2023–2025 published land transactions

Masago land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 43,863 / m²JPY 43.863K / m²
Median sample 8Five-year sample 18
Estimated price for 100 m²
JPY 4.39M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.99M
100 m² building using the 2025 benchmark

Masago location

Masago 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 33,275 / m² – JPY 54,450 / m²JPY 33.275K / m² – JPY 54.45K / m²
Average transaction price
JPY 43,484 / m²JPY 43.484K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.19MJPY 1.66M JPY 2.72M
100.0 m²30.3 tsuboJPY 4.39MJPY 3.33M JPY 5.45M
150.0 m²45.4 tsuboJPY 6.58MJPY 4.99M JPY 8.17M
200.0 m²60.5 tsuboJPY 8.77MJPY 6.66M JPY 10.89M

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 transactions6
Indicative
4
Indicative
1
Indicative
5
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
2025-07270.0 m²JPY 12MJPY 45,375 / m²JPY 45.375K / m²19.5 mCategory I exclusively low-rise residential zone
2025-01260.0 m²JPY 8.8MJPY 33,275 / m²JPY 33.275K / m²13 mCategory I residential zone
2024-10185.0 m²JPY 10MJPY 54,450 / m²JPY 54.45K / m²7 mCategory I exclusively low-rise residential zone
2024-04160.0 m²JPY 7MJPY 42,350 / m²JPY 42.35K / m²12 mCategory I exclusively low-rise residential zone
2024-01230.0 m²JPY 14MJPY 60,500 / m²JPY 60.5K / m²16 mCategory I exclusively low-rise residential zone
2024-01230.0 m²JPY 13MJPY 54,450 / m²JPY 54.45K / m²17 mCategory I exclusively low-rise residential zone
2024-01290.0 m²JPY 7MJPY 24,200 / m²JPY 24.2K / m²7.5 mCategory I exclusively low-rise residential zone
2023-07150.0 m²JPY 5MJPY 33,275 / m²JPY 33.275K / m²16 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.

Masago land-price summary

The median published transaction price in Masago for 2023–2025 is JPY 43,863 / m²JPY 43.863K / m². A 100 m² plot would therefore be about JPY 4.39M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Masago

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 ↗