Niigata — Niigata City, Nishi Ward — property transactions and local prices

Based on published MLIT transaction data, Niigata — Niigata City, Nishi Ward transaction statistics are summarized below.

Period: 2021〜2025(Five recent completed years of published data)

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Compare two municipalities in the same prefecture using the same period and property type.

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Median transaction prices over the past three completed years

2023〜2025 transactions are used for this calculation. The period differs from the five-year comparison.

Land

Transactions: 439 records

Median sale price
JPY 11,000,000
Median price per m²
JPY 47,000/㎡

Valid prices: 439 records/Valid unit prices: 439 records

Land and building

Transactions: 511 records

Median sale price
JPY 15,000,000
Median price per m²
—

Valid prices: 511 records/Valid unit prices: 0 records

Condominium

Transactions: 47 records

Median sale price
JPY 13,000,000
Median price per m²
—

Valid prices: 47 records/Valid unit prices: 0 records

Transaction history for five completed years

Compare yearly transaction counts and median reported unit prices by property type over the five most recent completed years. Categories are calculated separately.

YearLand (records / price per m²)Land and building (records / price per m²)Condominium (records / price per m²)
2025 173 records/JPY 44,000/㎡ 158 records/— 11 records/—
2024 140 records/JPY 51,000/㎡ 152 records/— 22 records/—
2023 126 records/JPY 45,000/㎡ 201 records/— 14 records/—
2022 187 records/JPY 44,000/㎡ 194 records/— 16 records/—
2021 194 records/JPY 53,000/㎡ 179 records/— 24 records/—

Transaction price trends over ten years

The land series uses median published price per square metre; the land-and-building and condominium series use median total sale price. Different categories and units are not combined. These are not repeat-sale price indices.

Land: — median price per m²

2016
JPY 50,000/㎡ (Valid: 195 records)
2017
JPY 44,000/㎡ (Valid: 218 records)
2018
JPY 45,000/㎡ (Valid: 236 records)
2019
JPY 49,000/㎡ (Valid: 202 records)
2020
JPY 46,000/㎡ (Valid: 252 records)
2021
JPY 53,000/㎡ (Valid: 194 records)
2022
JPY 44,000/㎡ (Valid: 187 records)
2023
JPY 45,000/㎡ (Valid: 126 records)
2024
JPY 51,000/㎡ (Valid: 140 records)
2025
JPY 44,000/㎡ (Valid: 173 records)

Land and building: — median sale price

2016
JPY 18,000,000 (Valid: 180 records)
2017
JPY 19,000,000 (Valid: 230 records)
2018
JPY 18,000,000 (Valid: 188 records)
2019
JPY 18,000,000 (Valid: 186 records)
2020
JPY 18,000,000 (Valid: 206 records)
2021
JPY 18,000,000 (Valid: 179 records)
2022
JPY 17,000,000 (Valid: 194 records)
2023
JPY 15,000,000 (Valid: 201 records)
2024
JPY 14,000,000 (Valid: 152 records)
2025
JPY 15,000,000 (Valid: 158 records)

Condominium: — median sale price

2016
JPY 12,000,000 (Valid: 29 records)
2017
JPY 9,500,000 (Valid: 35 records)
2018
JPY 9,800,000 (Valid: 15 records)
2019
JPY 11,500,000 (Valid: 30 records)
2020
JPY 6,500,000 (Valid: 14 records)
2021
JPY 11,500,000 (Valid: 24 records)
2022
JPY 10,750,000 (Valid: 16 records)
2023
JPY 12,500,000 (Valid: 14 records)
2024
JPY 13,000,000 (Valid: 22 records)
2025
JPY 15,000,000 (Valid: 11 records)

Explore transactions by year

Sources and methodology

Source: MLIT Real Estate Information Library property transaction data. We filter the data by category and independently calculate medians and transaction counts.

The median is the central observation when sorted by price (or the mean of the two central observations for even-sized samples). The reference periods differ for market-level figures, transaction history and price trends.

Total transaction prices and published unit prices are summarized separately. Figures are not appraisals of individual properties and may change as the source data is updated.Data update information · Disclaimer for more details.