Tunnel of Light, Tokamachi, Niigata
Photo: Tunnel of Light, Tokamachi, Niigata · Susann Schuster / Unsplash

Nishi Ward, Niigata City Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 344

In short

  1. 1
    The trend has turned down

    After rising earlier, house prices per m² have slipped by about 2.9% a year over the last five years.

  2. 2
    Outperforming Niigata

    Per m², houses here are 63% above the Niigata average.

  3. 3
    Being near a station is worth a lot

    Houses within a 5-minute walk of a station sell for about 44% more per m² than those 11–15 minutes away.

  4. 4
    Sales are thinning out

    Transactions are down about 21% on the previous three years.

The answers, compared

What does a home cost?

¥15.0M

median house · ¥120k/m²

1.6× the Niigata median

4 of 23 areas in Niigata, highest first

Are prices rising?

-4.4%

over 5 years

Slower than Niigata (+27.2%)

13 of 26 areas in Niigata, highest first

Can local earners afford it?

4.4× income

median price ÷ average taxable income

Easier than Niigata (5.0×)

5 of 25 areas in Niigata, highest first

Rent or buy?

27years of rent

median price ÷ a year of median rent

In line with Niigata (27)

3 of 25 areas in Niigata, highest first

Are people moving in?

-4.0%

population, 2020–25

Shrinking slower than Niigata (-6.0%)

4 of 26 areas in Niigata, highest first

How risky is it?

14%

chance of strong shaking (6-lower+) in 30 years

In line with Niigata (12%)

11 of 26 areas in Niigata, highest first

Rent in Nishi Ward, Niigata City

The average private rental costs ¥46k a month (2023), +0.6% since 2018. Niigata: ¥51k

Floor areaAverage rent / month
under 30 m²
studio / 1K
¥36k
vs 2018 +6.2% · Niigata: ¥40k
30–49 m²
1LDK / 2DK
¥48k
vs 2018 +3.2% · Niigata: ¥51k
50–69 m²
2LDK / 3DK
¥57k
vs 2018 -2.9% · Niigata: ¥60k
70–99 m²
3LDK / family
¥70k
vs 2018 +19.2% · Niigata: ¥64k
100–149 m²
mostly houses
¥54k
vs 2018 -8.4% · Niigata: ¥55k
150 m² +
mostly houses
¥60k
vs 2018 +8.1% · Niigata: ¥56k
Rent per m²
¥1,305
median, per month · Niigata: ¥1,293

Source: Statistics Bureau of Japan, Housing and Land Survey 2023. Privately owned rentals (excluding rent-free homes), monthly rent without management fees. These averages include older homes, so they run below asking rents for newly listed units. 21,540 rented homes.

What the data says

The trend has turned down

After rising earlier, house prices per m² have slipped by about 2.9% a year over the last five years. That often reflects weaker local demand, so check vacancy and population trends before buying.

Outperforming Niigata

Per m², houses here are 63% above the Niigata average. The premium has grown from 43% ten years ago, so Nishi Ward, Niigata City has been outperforming its surroundings.

Being near a station is worth a lot

Houses within a 5-minute walk of a station sell for about 44% more per m² than those 11–15 minutes away. If budget is tight, a longer walk is the quickest way to cut the price.

Sales are thinning out

Transactions are down about 21% on the previous three years. Fewer sales mean less choice and slower resale, so allow more time to sell later.

What a typical purchase costs

Half of all house sales last year were between ¥10.0M and ¥26.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 4% between 2020 and 2025 (−6% for the wider area). Moves in and out roughly balanced in 2025.

Typical vacancy

13.4% of homes were empty in 2023 (15.3% for the wider area), and 5.2% were empty without being for rent, for sale or used as second homes. The level of abandoned homes is around the national norm.

Lower earthquake risk

The government's seismic model gives a 14% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Local incomes are close to average

Taxpayers in the city as a whole reported an average taxable income of ¥3.4m in 2023 (¥3.2m for the wider area). That is +16% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Official land prices are still falling

On the government's fixed benchmark sites, which are valued the same way every year, residential land prices changed 0% in the year to January 2026 and 0% over five years. They are still 50% below their 1991 bubble-era level. Because these sites don't change, this is the cleanest measure of land value trends.

Some flood or landslide exposure

Of the official land-price benchmark sites here, which sit in typical neighbourhoods, 33% are inside the worst-case flood zone, 15% are in a tsunami inundation zone. Most worst-case flood zones are shallow (under 0.5 m) at the edges, so depth matters as much as the share. Check the hazard map for any specific address before buying.

Living in Nishi Ward, Niigata City: people, homes and risks

Population 2025
154,243
-4.0% since 2020
Niigata: -6.0%
Net moves in 2025
-51
-0.33 per 1,000 residents
Niigata: -3.08
Vacant homes (2023)
13.4%
5.2% empty and not for rent or sale
Niigata: 15.3%
Median rent (2023)
¥45k
per month, all rented homes
Niigata: ¥49k
Strong earthquake risk
13.9%
chance of shaking of intensity 6-lower or more within 30 years
Niigata: 11.9%
Average income per taxpayer
¥3.4M
taxable income in 2023, citywide figure
Niigata: ¥3.2M
Daytime population
91
people here by day per 100 residents (2020 census)
Foreign residents
0.9%
1,362 registered residents in 2024
Niigata: 1.1%
Clinics
8.0
per 10,000 residents; 9 hospitals, 100 dental clinics (2020)
Niigata: 8.2
Official land price 2026
¥54k/m²
-0.4% in a year · -0.1% in 5 years
Niigata: ¥28k/m²
Flood exposure
33.3%
of 27 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper)
Niigata: 64.2%
Tsunami exposure
14.8%
of 27 benchmark sites in a tsunami inundation zone
Niigata: 12.2%
Landslide exposure
0.0%
of 27 benchmark sites in a landslide warning area
Niigata: 2.7%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Example sales in Nishi Ward, Niigata City

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

House

Lower-priced2026 Q1

¥8.0M

¥107k/m²

  • Sakai
  • Niigata University · 11 min walk
  • Land 110 m² · floor 75 m²
  • Built 1994 (32 yrs) · Wood
Typical2026 Q1

¥14.0M

¥70k/m²

  • Daigakuminami
  • Niigata University · 16 min walk
  • Land 190 m² · floor 200 m²
  • Built 1986 (40 yrs) · Wood
Higher-priced2026 Q2

¥25.0M

¥250k/m²

  • Ikarashinakajima
  • Uchinonishigaoka · 11 min walk
  • Land 125 m² · floor 100 m²
  • Built 2026 (0 yrs) · Wood
Median transaction price by year
¥0¥5.0M¥10.0M¥15.0M¥20.0M2007200920112013201520172019202120232025
Show data table
YearCondoHouse
2007–¥18.0M
2008–¥19.0M
2009¥9.9M¥16.0M
2010¥10.0M¥15.0M
2011¥8.0M¥17.0M
2012¥6.8M¥15.0M
2013–¥15.0M
2014–¥15.0M
2015¥6.9M¥15.0M
2016¥12.0M¥18.0M
2017¥9.5M¥19.0M
2018–¥18.0M
2019¥11.5M¥18.0M
2020–¥18.0M
2021¥11.5M¥18.0M
2022–¥17.0M
2023–¥15.0M
2024¥13.0M¥14.0M
2025–¥15.0M
2026 (partial)–¥14.5M
Median price per m² by year
¥0¥50k¥100k¥150k¥200k2007200920112013201520172019202120232025
Show data table
YearCondoHouseLand
2007–¥143k/m²¥61k/m²
2008–¥138k/m²¥51k/m²
2009¥138k/m²¥109k/m²¥55k/m²
2010¥154k/m²¥126k/m²¥52k/m²
2011¥128k/m²¥127k/m²¥53k/m²
2012¥117k/m²¥120k/m²¥44k/m²
2013–¥111k/m²¥51k/m²
2014–¥117k/m²¥52k/m²
2015¥136k/m²¥116k/m²¥47k/m²
2016¥200k/m²¥136k/m²¥50k/m²
2017¥144k/m²¥130k/m²¥44k/m²
2018–¥139k/m²¥45k/m²
2019¥185k/m²¥133k/m²¥49k/m²
2020–¥138k/m²¥46k/m²
2021¥180k/m²¥145k/m²¥53k/m²
2022–¥133k/m²¥44k/m²
2023–¥114k/m²¥45k/m²
2024¥180k/m²¥114k/m²¥51k/m²
2025–¥120k/m²¥44k/m²
2026 (partial)–¥117k/m²¥57k/m²
Price per m² by building age (2021–2025 sales)Houses bottom out at around 25 years — House prices per m² drop about 61% from new by age 25, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥100k¥200k¥300k05101520253035404550
Show data table
Building age (years)House
0¥280k/m²
1¥263k/m²
7¥232k/m²
22¥115k/m²
24¥109k/m²
25¥121k/m²
26¥110k/m²
27¥106k/m²
28¥76k/m²
29¥106k/m²
30¥100k/m²
31¥98k/m²
32¥73k/m²
33¥107k/m²
34¥87k/m²
35¥71k/m²
36¥122k/m²
37¥110k/m²
38¥83k/m²
39¥80k/m²
40¥80k/m²
41¥91k/m²
42¥74k/m²
43¥84k/m²
44¥63k/m²
45¥99k/m²
46¥121k/m²
47¥56k/m²
48¥52k/m²
50¥55k/m²
House price per m² by construction period
¥0¥100k¥200k¥300k2007200920112013201520172019202120232025

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2007¥118k/m²¥110k/m²¥241k/m²–
2008¥102k/m²¥126k/m²¥240k/m²–
2009¥91k/m²¥102k/m²¥200k/m²–
2010¥93k/m²¥114k/m²¥229k/m²–
2011¥97k/m²¥104k/m²¥170k/m²¥224k/m²
2012¥100k/m²¥96k/m²––
2013¥76k/m²¥103k/m²–¥263k/m²
2014¥88k/m²¥115k/m²–¥235k/m²
2015¥72k/m²¥98k/m²–¥246k/m²
2016¥74k/m²¥100k/m²–¥256k/m²
2017¥88k/m²¥97k/m²¥190k/m²¥250k/m²
2018¥65k/m²¥113k/m²¥145k/m²¥239k/m²
2019¥88k/m²¥110k/m²–¥271k/m²
2020¥76k/m²¥120k/m²–¥229k/m²
2021¥60k/m²¥100k/m²––
2022¥69k/m²¥103k/m²––
2023¥98k/m²¥98k/m²¥136k/m²–
2024¥67k/m²¥83k/m²––
2025–¥83k/m²––

Prices near train stations in Nishi Ward, Niigata City

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)SalesDaily passengers (2023)
Kobari (小針)¥15.0M¥217k/m²¥18.0M141744,482-14% vs 2019
Terao (寺尾)––¥12.0M151413,672-12% vs 2019
Niigata University (新潟大学前)––¥17.0M13695,622-6% vs 2019
Aoyama(Niigata) (青山(新潟))¥13.0M¥186k/m²¥20.5M10631,872-9% vs 2019
Uchino (内野)––¥14.0M14604,588-16% vs 2019
Uchinonishigaoka (内野西が丘)––¥12.0M1635–
Echigo Akatsuka (越後赤塚)––¥10.0M1117–

Used condo prices by layout in Nishi Ward, Niigata City

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
3LDK¥15.0M65 m²21

How much does a house cost in Nishi Ward, Niigata City?

The median house sale, including the land, was ¥15.0M in 2025 across 159 sales.

Are property prices in Nishi Ward, Niigata City going up?

Over the five years to 2025, residential land prices changed -4.4%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.