Minamihoncho, Joetsu City: property prices and land values

南本町(上越市)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥32K/m²
≈ $19/sq ft · 1 sites
#15 of 75 neighborhoods
Avg. commercial land price
¥23K/m²
≈ $13/sq ft · 1 sites
1-year change
−2.6%
Residential −1.9% · commercial −3.4%
5 years / 10 years
−13.9% / −25.4%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥20K/m²¥30K/m²¥40K/m²¥50K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−2.2% a year
¥32K/m²¥31K/m²¥30K/m²¥28K/m²¥25K/m²

Forecasts are projections, not guarantees. 10-year range: ¥21K/m²–¥30K/m²

Minamihoncho, Joetsu City compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamihoncho, Joetsu City is1 year5 yearsCondos per m²Index
Minamihoncho, Joetsu City ¥32K/m²$19/sq ft −2.6%−13.9% ——
Joetsu City ¥19K/m²$11/sq ft 1.6x−1.6%−8.0% ¥253K/m²38
Niigata ¥31K/m²$18/sq ft 1.0x−0.6%−3.7% ¥238K/m²25
Japan ¥120K/m²$70/sq ft 0.26x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
新潟県 上越市南本町2丁目字外馬塚227番1
Prefectural Survey 2026
Residential¥32K/m²$19/sq ft −1.9%中規模一般住宅、アパート等が混在する住宅地域
新潟県 上越市南本町3丁目字春日町16番1外
Prefectural Survey 2026
Commercial¥23K/m²$13/sq ft −3.4%低層店舗と住宅が混在する県道沿いの商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 4 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥8,300/m²

Sales in the loaded period: Land 6 · Land & building 4

DistrictPeriodTypePriceAreaBuiltPer m²
MinamihonchoQ4 2025Land ¥100K40 m²—¥2,600/m²
MinamihonchoQ2 2025Land & building ¥11.0M1,100 m²1993—
MinamihonchoQ2 2025Land ¥2.0M240 m²—¥8,300/m²
MinamihonchoQ1 2025Land ¥6.8M220 m²—¥31K/m²
MinamihonchoQ3 2024Land & building (contract) ¥7.0M265 m²1996—
MinamihonchoQ3 2024Land ¥2.7M115 m²—¥23K/m²
MinamihonchoQ2 2024Land ¥1.0M195 m²—¥5,100/m²
MinamihonchoQ2 2024Land & building ¥8.5M450 m²1976—
MinamihonchoQ1 2024Land & building (contract) ¥8.8M455 m²1976—
MinamihonchoQ4 2023Land ¥6.3M360 m²—¥18K/m²

Nearby neighborhoods

FAQ

What is the average land price in Minamihoncho, Joetsu City?

The average price of residential land in Minamihoncho, Joetsu City is ¥31,600 per m² (about ¥104,463 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Minamihoncho, Joetsu City going up?

Land prices in Minamihoncho, Joetsu City have fallen by -2.6% on average over the past year. Over five years the change is -13.9%.

What is the land price forecast for Minamihoncho, Joetsu City?

The Fudosan Zukan model projects residential land prices to change by -2.2% a year, reaching about ¥25,329 per m² in 10 years (range ¥20,770–¥29,888). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.9 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.