新発田市
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.
| Avg. residential land price | Now | 1 year | 3 years | 5 years | 10 years |
|---|---|---|---|---|---|
| Forecast Forecast −0.5% a year | ¥23K/m² | ¥23K/m² | ¥22K/m² | ¥22K/m² | ¥22K/m² |
Forecasts are projections, not guarantees. 10-year range: ¥18K/m²–¥26K/m²
| Item | Assessed value | Market estimate | Area | Per m² (market estimate) |
|---|---|---|---|---|
| Residential land | ¥237.9 billion | ¥339.9 billion | 23.3 km² | ¥15K/m² |
| Other land farmland, forest, other | ¥25.8 billion | ¥25.8 billion | 183.4 km² | — |
| Buildings wooden ¥106.8 billion · non-wooden ¥87.5 billion | ¥194.3 billion | ¥194.3 billion | 8.6 km² floor | — |
| Total | ¥458.1 billion | ¥560.0 billion |
Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.
| Area | Avg. residential | Avg. commercial | 1 year | 5 years | Condos per m² | Sales |
|---|---|---|---|---|---|---|
| Shin-eicho 新栄町 |
¥42K/m² | ¥41K/m² | +0.6% | −0.2% | — | 5 |
| Sumiyoshicho 住吉町 |
¥41K/m² | ¥38K/m² | +0.7% | +1.6% | — | 14 |
| Midoricho 緑町 |
¥41K/m² | — | ±0.0% | +0.4% | — | 7 |
| Tomitsukacho 富塚町 |
¥41K/m² | — | +1.2% | +4.6% | — | 22 |
| Shintomicho 新富町 |
¥40K/m² | — | ±0.0% | −2.0% | — | 11 |
| Toshincho 東新町 |
¥38K/m² | ¥35K/m² | +0.1% | +1.4% | — | 30 |
| Yutakacho 豊町 |
¥37K/m² | — | −0.5% | −3.7% | — | 30 |
| Johokucho 城北町 |
¥36K/m² | — | +0.6% | +1.1% | — | 11 |
| Funeiricho 舟入町 |
¥35K/m² | — | +0.6% | +2.3% | — | 4 |
| Otemachi 大手町 |
¥35K/m² | ¥33K/m² | −1.2% | −5.9% | — | 14 |
| Chuocho 中央町 |
¥31K/m² | ¥47K/m² | −0.9% | −4.4% | — | 3 |
| Ijimino 五十公野 |
¥25K/m² | — | −0.8% | −4.2% | — | 17 |
| Kofunecho 小舟町 |
¥23K/m² | — | ±0.0% | ±0.0% | — | 4 |
| Kaminaidake 上内竹 |
¥18K/m² | — | −0.6% | — | — | 1 |
| Tsukiokaonsen 月岡温泉 |
¥16K/m² | ¥30K/m² | −1.6% | −10.5% | — | 3 |
| Otoji 乙次 |
¥15K/m² | — | −2.0% | −11.0% | — | — |
| 日渡 日渡 |
¥12K/m² | — | −0.8% | −3.9% | — | — |
| Inarioka 稲荷岡 |
¥12K/m² | — | −1.6% | −7.7% | — | 1 |
| Shimokonakayama 下小中山 |
¥11K/m² | — | −2.6% | −11.8% | — | 3 |
| Honda 本田 |
¥11K/m² | — | −1.4% | −6.6% | — | 5 |
| Tenno 天王 |
¥10K/m² | — | −1.0% | −4.8% | — | 1 |
| Itajiki 板敷 |
¥9,500/m² | — | −0.5% | −4.0% | — | 2 |
| 岡島 岡島 |
¥8,600/m² | — | −1.1% | −9.5% | — | — |
| 小川 小川 |
¥7,450/m² | — | −2.0% | −9.1% | — | — |
| Shimonakanome 下中ノ目 |
¥6,650/m² | — | −1.2% | −6.3% | — | 10 |
| Fujitsukahama 藤塚浜 |
¥6,650/m² | — | −2.2% | −7.6% | — | 6 |
| 中島 中島 |
¥6,600/m² | — | −1.5% | −9.6% | — | — |
| Tsukada 塚田 |
¥5,750/m² | — | −1.7% | −8.0% | — | 4 |
| Miyukicho 御幸町 |
— | — | — | — | — | 17 |
| Nakasonecho 中曽根町 |
— | — | — | — | — | 14 |
| Daieicho 大栄町 |
— | — | — | — | — | 16 |
| Aramachi 荒町 |
— | — | — | — | — | 12 |
| Sasaki 佐々木 |
— | ¥13K/m² | ±0.0% | +3.0% | — | 19 |
| Nishizonocho 西園町 |
— | — | — | — | — | 12 |
| Takitani 滝谷 |
— | — | — | — | — | — |
| Honcho 本町 |
— | — | — | — | — | 6 |
| Manoharasoto 真野原外 |
— | — | — | — | — | 8 |
| Arakawa 荒川 |
— | — | — | — | — | 10 |
| Nakatacho 中田町 |
— | — | — | — | — | 6 |
| Kiriume 切梅 |
— | — | — | — | — | 5 |
| Sone 曽根 |
— | — | — | — | — | 5 |
| Norimawashi 乗廻 |
— | — | — | — | — | 1 |
| Shimonaidake 下内竹 |
— | — | — | — | — | 3 |
| Mikkaichi 三日市 |
— | — | — | — | — | 6 |
| Yonekura 米倉 |
— | — | — | — | — | 4 |
| Kaizuka 貝塚 |
— | — | — | — | — | 4 |
| Suwacho 諏訪町 |
— | ¥40K/m² | −0.8% | −4.8% | — | 3 |
| Manohara 真野原 |
— | — | — | — | — | 3 |
| Odo 小戸 |
— | — | — | — | — | 1 |
| Toriana 鳥穴 |
— | — | — | — | — | 3 |
| Kitaminoguchi 北蓑口 |
— | — | — | — | — | 6 |
| Ikenohata 池ノ端 |
— | — | — | — | — | 3 |
| Shimagata 島潟 |
— | — | — | — | — | 3 |
| Kosaka 小坂 |
— | — | — | — | — | 5 |
| Takematabandai 竹俣万代 |
— | — | — | — | — | 5 |
| Odomo 大友 |
— | — | — | — | — | 2 |
| Higashimiyauchi 東宮内 |
— | — | — | — | — | — |
| Kawaguchi 川口 |
— | — | — | — | — | 3 |
| Hitobashi 人橋 |
— | — | — | — | — | 4 |
| Okada 岡田 |
— | — | — | — | — | 2 |
| Kamitate 上館 |
— | — | — | — | — | 1 |
| Kuramitsu 蔵光 |
— | — | — | — | — | 2 |
| Takegahana 竹ケ花 |
— | — | — | — | — | 2 |
| Hommashinden 本間新田 |
— | — | — | — | — | 2 |
| Tomitsuka 富塚 |
— | — | — | — | — | — |
| Yamauchi 山内 |
— | — | — | — | — | 3 |
| Shimoiizuka 下飯塚 |
— | — | — | — | — | 3 |
| Hayamichiba 早道場 |
— | — | — | — | — | 2 |
| Funeiri 舟入 |
— | — | — | — | — | 2 |
| Nishimiyauchi 西宮内 |
— | — | — | — | — | 1 |
| Yawatashinden 八幡新田 |
— | — | — | — | — | 3 |
| Kawashiri 川尻 |
— | — | — | — | — | 2 |
| Sunayama 砂山 |
— | — | — | — | — | 1 |
| Kanayama 金山 |
— | — | — | — | — | — |
| Miyakogi 宮古木 |
— | — | — | — | — | — |
| Osawa 大沢 |
— | — | — | — | — | 2 |
| Nakanomeshinden 中ノ目新田 |
— | — | — | — | — | — |
| Kuroiwa 黒岩 |
— | — | — | — | — | 2 |
| Shimoshimbo 下新保 |
— | — | — | — | — | 2 |
| Kuwanokuchi 桑ノ口 |
— | — | — | — | — | 2 |
| Kanazuka 金塚 |
— | — | — | — | — | 1 |
| Futatsuyama 二ツ山 |
— | — | — | — | — | 1 |
| Hakoiwa 箱岩 |
— | — | — | — | — | — |
| Tatenokoji 館野小路 |
— | — | — | — | — | 1 |
| Mitsukunugi 三ツ椡 |
— | — | — | — | — | — |
| Ishiki 石喜 |
— | — | — | — | — | 1 |
| Yokoyama 横山 |
— | — | — | — | — | — |
| Manaka 真中 |
— | — | — | — | — | 1 |
| Kamisanko 上三光 |
— | — | — | — | — | 1 |
| Soka 草荷 |
— | — | — | — | — | 2 |
| Nakakura 中倉 |
— | — | — | — | — | 2 |
| Matsuoka 松岡 |
— | — | — | — | — | 1 |
| Furutera 古寺 |
— | — | — | — | — | — |
| Tsukioka 月岡 |
— | — | — | — | — | 2 |
| Sugatani 菅谷 |
— | — | — | — | — | — |
| Konan 湖南 |
— | — | — | — | — | 1 |
| Shimbokoji 新保小路 |
— | — | — | — | — | 1 |
| Sekizuma 関妻 |
— | — | — | — | — | 1 |
| Kaminakazawa 上中沢 |
— | — | — | — | — | 2 |
| Okayashiki 岡屋敷 |
— | — | — | — | — | 1 |
| Nakazuma 中妻 |
— | — | — | — | — | 1 |
| Higashitsukanome 東塚ノ目 |
— | — | — | — | — | 1 |
| Shimonaka 下中 |
— | — | — | — | — | 1 |
| Kamijinai 上寺内 |
— | — | — | — | — | 1 |
| Norikiyo 則清 |
— | — | — | — | — | 1 |
| Shimotakaseki 下高関 |
— | — | — | — | — | 1 |
| Nagashima 長島 |
— | — | — | — | — | — |
| Fukujima 福島 |
— | — | — | — | — | — |
| Otashinden 太田新田 |
— | — | — | — | — | — |
| Soma 相馬 |
— | — | — | — | — | — |
| Higashihimeda 東姫田 |
— | — | — | — | — | — |
| Shimohanezu 下羽津 |
— | — | — | — | — | — |
| Miyayoshi 宮吉 |
— | — | — | — | — | 1 |
| Motogo 元郷 |
— | — | — | — | — | — |
| Yoshiura 吉浦 |
— | — | — | — | — | — |
| Fukuoka 福岡 |
— | — | — | — | — | — |
| Nihongi 二本木 |
— | — | — | — | — | — |
| Otsuki 大槻 |
— | — | — | — | — | — |
| Kamishimbo 上新保 |
— | — | — | — | — | 1 |
| Shimoimaizumi 下今泉 |
— | — | — | — | — | — |
| Fumoto 麓 |
— | — | — | — | — | 1 |
| Daiden 大伝 |
— | — | — | — | — | — |
| Kamikusugawa 上楠川 |
— | — | — | — | — | — |
| Yamazaki 山崎 |
— | — | — | — | — | — |
| Kaiya 貝屋 |
— | — | — | — | — | 1 |
| Sumida 住田 |
— | — | — | — | — | 1 |
| Omi 小見 |
— | — | — | — | — | 1 |
| Nakasone 中曽根 |
— | — | — | — | — | 1 |
| Onakajima 大中島 |
— | — | — | — | — | — |
| Kamiishikawa 上石川 |
— | — | — | — | — | 1 |
| Yoneko 米子 |
— | — | — | — | — | 1 |
| Kamiakatani 上赤谷 |
— | — | — | — | — | — |
| Shimonakazawa 下中沢 |
— | — | — | — | — | 1 |
| Itayama 板山 |
— | — | — | — | — | 1 |
| Shimoishikawa 下石川 |
— | — | — | — | — | 1 |
| Minaminarita 南成田 |
— | — | — | — | — | 1 |
| Mikoshi 弓越 |
— | — | — | — | — | 1 |
| Iijima 飯島 |
— | — | — | — | — | 1 |
| Nishiminoguchi 西蓑口 |
— | — | — | — | — | 1 |
| Yawata 八幡 |
— | — | — | — | — | 1 |
| Inari 稲荷 |
— | — | — | — | — | 1 |
| Koda 古田 |
— | — | — | — | — | 1 |
| Bandai 万代 |
— | — | — | — | — | 1 |
| Sekii 関井 |
— | — | — | — | — | 1 |
| Location | Use | Price per m² | ≈ USD/sq ft | 1 year | Station |
|---|---|---|---|---|---|
| 新潟県 新発田市中央町２丁目甲３１９番６ Land Price Publication 2026 |
Commercial | ¥47K/m² | $28/sq ft | −1.1% | 新発田 750 m |
| 新潟県 新発田市諏訪町１丁目１０４８番 Prefectural Survey 2026 |
Commercial | ¥46K/m² | $27/sq ft | −0.9% | 中低層の店舗、事務所等が建ち並ぶ駅前商業地域 |
| 新潟県 新発田市新栄町１丁目３６６番 Prefectural Survey 2026 |
Residential | ¥42K/m² | $25/sq ft | +1.2% | 中規模一般住宅が建ち並ぶ住宅地域 |
| 新潟県 新発田市住吉町４丁目乙１５８５番６ Land Price Publication 2026 |
Residential | ¥41K/m² | $24/sq ft | +1.0% | 新発田 2.2 km |
| 新潟県 新発田市緑町２丁目１４７１番２ Land Price Publication 2026 |
Residential | ¥41K/m² | $24/sq ft | ±0.0% | 新発田 2.3 km |
| 新潟県 新発田市緑町２丁目１４７１番２ Prefectural Survey 2026 |
Residential | ¥41K/m² | $24/sq ft | ±0.0% | 中規模一般住宅の多い区画整然とした住宅地域 |
| 新潟県 新発田市富塚町１丁目１２番４９ Prefectural Survey 2026 |
Residential | ¥41K/m² | $24/sq ft | +1.2% | 一般住宅のほかにアパートも見られる住宅地域 |
| 新潟県 新発田市新栄町２丁目１０６４番外 Prefectural Survey 2026 |
Commercial | ¥41K/m² | $24/sq ft | ±0.0% | 郊外型店舗が集積するＩ・Ｃ周辺の新興商業地域 |
| 新潟県 新発田市舟入町２丁目４８８番２１ Land Price Publication 2026 |
Residential | ¥40K/m² | $24/sq ft | +1.5% | 新発田 3.0 km |
| 新潟県 新発田市新富町２丁目６１２番６ Prefectural Survey 2026 |
Residential | ¥40K/m² | $23/sq ft | ±0.0% | 中規模一般住宅が多い閑静な住宅地域 |
| 新潟県 新発田市東新町１丁目３５４５番４ Prefectural Survey 2026 |
Residential | ¥38K/m² | $22/sq ft | +0.5% | 一般住宅等が建ち並ぶ区画整然とした住宅地域 |
| 新潟県 新発田市住吉町３丁目６１４番 Prefectural Survey 2026 |
Commercial | ¥38K/m² | $22/sq ft | +0.3% | 各種店舗、事務所、営業所等が混在する商業地域 |
| 新潟県 新発田市豊町２丁目１０４４番１外 Prefectural Survey 2026 |
Residential | ¥37K/m² | $22/sq ft | −0.5% | 一般住宅等が建ち並ぶ駅裏の住宅地域 |
| 新潟県 新発田市城北町２丁目２３７番８ Land Price Publication 2026 |
Residential | ¥36K/m² | $21/sq ft | +0.6% | 新発田 2.5 km |
| 新潟県 新発田市諏訪町２丁目甲５番１外 Land Price Publication 2026 |
Commercial | ¥35K/m² | $21/sq ft | −0.6% | 新発田 450 m |
| 新潟県 新発田市大手町２丁目１３５４番 Land Price Publication 2026 |
Residential | ¥35K/m² | $21/sq ft | −0.9% | 新発田 1.8 km |
| 新潟県 新発田市東新町１丁目１５６番５ Land Price Publication 2026 |
Commercial | ¥35K/m² | $20/sq ft | −0.3% | 新発田 900 m |
| 新潟県 新発田市大手町１丁目甲５３０番 Prefectural Survey 2026 |
Commercial | ¥33K/m² | $19/sq ft | −1.5% | 低層の店舗、事務所等が建ち並ぶ既成商業地域 |
| 新潟県 新発田市中央町５丁目８６３番４外 Land Price Publication 2026 |
Residential | ¥31K/m² | $18/sq ft | −0.6% | 新発田 1.3 km |
| 新潟県 新発田市舟入町１丁目９１４番５外 Prefectural Survey 2026 |
Residential | ¥30K/m² | $18/sq ft | −0.3% | 一般住宅の中にアパート等が見られる住宅地域 |
| 新潟県 新発田市月岡温泉字石動免６４１番６外 Land Price Publication 2026 |
Commercial | ¥30K/m² | $18/sq ft | −1.3% | 月岡 3.6 km |
| 新潟県 新発田市五十公野６９０８番 Land Price Publication 2026 |
Residential | ¥25K/m² | $15/sq ft | −0.8% | 新発田 2.3 km |
| 新潟県 新発田市小舟町３丁目６４８番９ Land Price Publication 2026 |
Residential | ¥23K/m² | $13/sq ft | ±0.0% | 新発田 3.3 km |
| 新潟県 新発田市上内竹字天ノ原８３６番３外 Land Price Publication 2026 |
Residential | ¥18K/m² | $11/sq ft | −0.6% | 新発田 4.1 km |
| 新潟県 新発田市月岡温泉字石動免５２６番５ Land Price Publication 2026 |
Residential | ¥16K/m² | $9/sq ft | −1.9% | 月岡 3.9 km |
| 新潟県 新発田市乙次字西手４２８番外 Prefectural Survey 2026 |
Residential | ¥15K/m² | $9/sq ft | −2.0% | 一般住宅、店舗等の混在する国道沿いの住宅地域 |
| 新潟県 新発田市佐々木字大池３１０７番７ Land Price Publication 2026 |
Industrial | ¥13K/m² | $8/sq ft | +2.3% | 佐々木 2.7 km |
| 新潟県 新発田市佐々木字轟３４６４番外 Prefectural Survey 2026 |
Commercial | ¥13K/m² | $8/sq ft | ±0.0% | 幹線沿いに店舗、事業所等の建ち並ぶ地域 |
| 新潟県 新発田市日渡字蟻ノ塔１５４番外 Land Price Publication 2026 |
Residential | ¥12K/m² | $7/sq ft | −0.8% | 佐々木 1.6 km |
| 新潟県 新発田市本田字内谷内３６７０番１ Land Price Publication 2026 |
Residential | ¥12K/m² | $7/sq ft | −0.8% | 月岡 450 m |
| 新潟県 新発田市稲荷岡字真野原２０６７番 Land Price Publication 2026 |
Residential | ¥12K/m² | $7/sq ft | −1.6% | 新発田 9.4 km |
| 新潟県 新発田市下小中山１０２４番８９外 Prefectural Survey 2026 |
Residential | ¥11K/m² | $7/sq ft | −2.6% | 高台にある区画整然とした住宅地域 |
| 新潟県 新発田市天王字村上６０４番 Prefectural Survey 2026 |
Residential | ¥10K/m² | $6/sq ft | −1.0% | 農家住宅、一般住宅等が混在する既成住宅地域 |
| 新潟県 新発田市本田字立川辛８９３番４ Prefectural Survey 2026 |
Residential | ¥9,900/m² | $6/sq ft | −2.0% | 農家住宅、店舗等の混在する県道沿いの住宅地域 |
| 新潟県 新発田市板敷字高浜７９８番外 Prefectural Survey 2026 |
Residential | ¥9,500/m² | $6/sq ft | −0.5% | 農家住宅、一般住宅等が建ち並ぶ既成住宅地域 |
| 新潟県 新発田市岡島７番５ Prefectural Survey 2026 |
Residential | ¥8,600/m² | $5/sq ft | −1.1% | 一般住宅と店舗併用住宅等が混在する住宅地域 |
| 新潟県 新発田市小川字真野原６７２番１ Prefectural Survey 2026 |
Residential | ¥7,450/m² | $4/sq ft | −2.0% | 農家住宅等が建ち並ぶ県道沿いの住宅地域 |
| 新潟県 新発田市藤塚浜字向山２２６７番１ Prefectural Survey 2026 |
Residential | ¥6,650/m² | $4/sq ft | −2.2% | 一般住宅の中に併用住宅等が見られる住宅地域 |
| 新潟県 新発田市下中ノ目字村中７４７番 Land Price Publication 2026 |
Residential | ¥6,650/m² | $4/sq ft | −1.2% | 中浦 1.3 km |
| 新潟県 新発田市中島字大中島４０２番１外 Prefectural Survey 2026 |
Residential | ¥6,600/m² | $4/sq ft | −1.5% | 農家住宅の中に店舗等が見られる住宅地域 |
| 新潟県 新発田市塚田１５３番 Prefectural Survey 2026 |
Residential | ¥5,750/m² | $3/sq ft | −1.7% | 農家住宅のほか、一般住宅も見られる住宅地域 |
Sales in the loaded period: Land & building 321 · Farmland 258 · Land 220 · Forest 28 · Pre-owned condo 6
| District | Period | Type | Price | Area | Built | Per m² |
|---|---|---|---|---|---|---|
| Nishizonocho | Q2 2026 | Land & building | ¥3.0M | 220 m² | 1967 | — |
| Nishizonocho | Q2 2026 | Land & building | ¥2.0M | 490 m² | 1978 | — |
| Toshincho | Q2 2026 | Land | ¥4.5M | 190 m² | — | ¥23K/m² |
| Toshincho | Q2 2026 | Land & building | ¥8.0M | 165 m² | 1995 | — |
| Toshincho | Q2 2026 | Land & building | ¥29.0M | 170 m² | 2026 | — |
| Johokucho | Q2 2026 | Land & building | ¥16.0M | 240 m² | 1995 | — |
| Shimokonakayama | Q2 2026 | Land | ¥1.3M | 390 m² | — | ¥3,300/m² |
| Itayama | Q2 2026 | Farmland | ¥100K | 2,400 m² | — | — |
| Arakawa | Q2 2026 | Farmland | ¥870K | 1,900 m² | — | — |
| Arakawa | Q2 2026 | Farmland | ¥1.1M | 2,800 m² | — | — |
| Arakawa | Q2 2026 | Farmland | ¥1.6M | 4,000 m² | — | — |
| Arakawa | Q2 2026 | Farmland | ¥670K | 1,700 m² | — | — |
| Miyukicho | Q2 2026 | Land & building (contract) | ¥26.0M | 140 m² | 2026 | — |
| Honcho | Q2 2026 | Land & building (contract) | ¥20.0M | 165 m² | 2025 | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥74K | 2,500 m² | — | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥25K | 850 m² | — | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥120K | 4,100 m² | — | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥11K | 360 m² | — | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥56K | 1,900 m² | — | — |
| Kitaminoguchi | Q2 2026 | Farmland | ¥23K | 760 m² | — | — |
Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology
The average price of residential land in Shibata City is ¥22,823 per m² (about ¥75,448 per tsubo), based on 31 sites in the official land price surveys (2026).
Land prices in Shibata City have fallen by -0.7% on average over the past year. Over five years the change is -3.7%.
The median price of pre-owned condo transactions in the last two years is ¥190,000 per m², with a median price of ¥15.5 million (4 transactions, MLIT Real Estate Information Library).
The Fudosan Zukan model projects residential land prices to change by -0.5% a year, reaching about ¥21,689 per m² in 10 years (range ¥17,785–¥25,593). Forecasts are projections, not guarantees.
About ¥560.0 billion: land ¥365.7 billion and buildings ¥194.3 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥458.1 billion).
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 ¥157.25 = $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.