Shinjo City: property prices and land values

新庄市

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

Avg. residential land price
¥23K/m²
≈ $13/sq ft · 6 sites
#877 of 1795 municipalities in Japan
Avg. commercial land price
¥36K/m²
≈ $21/sq ft · 5 sites
1-year change
−0.3%
Residential −0.2% · commercial −0.4%
5 years / 10 years
−1.1% / −7.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
51/100
#813 in Japan
Total real estate value Estimate
¥196.7 billion
≈ $1.3B · land ¥116.3 billion + buildings ¥80.4 billion
#731 of 1719 municipalities

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

¥0/m²¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.2% a year
¥23K/m²¥23K/m²¥23K/m²¥23K/m²¥22K/m²

Forecasts are projections, not guarantees. 10-year range: ¥18K/m²–¥26K/m²

Total real estate value of Shinjo City land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥196.7 billion
≈ $1.3B · 0.01% of Japan
Land (market estimate)
¥116.3 billion
residential land ¥107.5 billion
Buildings (assessed)
¥80.4 billion
23,713 buildings · 3.7 km² floor area
Assessed value (fixed-asset tax)
¥164.4 billion
land ¥84.0 billion · buildings ¥80.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥75.2 billion¥107.5 billion9.1 km²¥12K/m²
Other land
farmland, forest, other
¥8.8 billion¥8.8 billion103.1 km²—
Buildings
wooden ¥36.6 billion · non-wooden ¥43.9 billion
¥80.4 billion¥80.4 billion3.7 km² floor—
Total¥164.4 billion¥196.7 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.

Shinjo City compared with larger areas

AreaAvg. residential≈ USD/sq ftShinjo City is1 year5 yearsCondos per m²Index
Shinjo City ¥23K/m²$13/sq ft −0.3%−1.1% —51
Yamagata ¥23K/m²$14/sq ft 0.98x−0.2%−0.3% —26
Japan ¥120K/m²$71/sq ft 0.19x+2.1%+8.0% ¥494K/m²—

Neighborhoods 11 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
小田島町
小田島町
¥28K/m² ¥29K/m² −0.6% −2.7% — —
大町
大町
¥25K/m² — ±0.0% −0.8% — —
千門町
千門町
¥24K/m² — −0.4% −0.8% — —
下金沢町
下金沢町
¥23K/m² — ±0.0% −0.9% — —
東谷地田町
東谷地田町
¥19K/m² — −0.5% −2.1% — —
中道町
中道町
¥17K/m² — ±0.0% −1.7% — —
栄町
栄町
— ¥46K/m² −0.4% −0.4% — —
沖の町
沖の町
— ¥42K/m² −0.2% −1.2% — —
金沢
金沢
— ¥32K/m² −0.6% −3.0% — —
泉田
泉田
— — — +2.8% — —
桧町
桧町
— ¥30K/m² ±0.0% ±0.0% — —

Official land price survey sites highest first · 12 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山形県 新庄市栄町1番1外1筆
Prefectural Survey 2026
Commercial¥46K/m²$27/sq ft −0.4%低層の店舗、金融機関、共同住宅等が混在する商業地域
山形県 新庄市沖の町1039番17外
Land Price Publication 2026
Commercial¥42K/m²$25/sq ft −0.2%新庄
280 m
山形県 新庄市金沢字南沢1804番4外1筆
Prefectural Survey 2026
Commercial¥32K/m²$19/sq ft −0.6%店舗、事業所等が建ち並ぶ国道沿いの路線商業地域
山形県 新庄市桧町21番3外
Land Price Publication 2026
Commercial¥30K/m²$18/sq ft ±0.0%新庄
2.0 km
山形県 新庄市小田島町224番10
Prefectural Survey 2026
Commercial¥29K/m²$17/sq ft −0.7%小売店舗等が建ち並ぶ県道沿いの既成商業地域
山形県 新庄市小田島町195番2
Land Price Publication 2026
Residential¥28K/m²$17/sq ft −0.4%新庄
900 m
山形県 新庄市大町200番
Land Price Publication 2026
Residential¥25K/m²$15/sq ft ±0.0%新庄
800 m
山形県 新庄市千門町12番4外1筆
Prefectural Survey 2026
Residential¥24K/m²$14/sq ft −0.4%一般住宅等が建ち並ぶ区画整然とした住宅地域
山形県 新庄市下金沢町2584番2外
Land Price Publication 2026
Residential¥23K/m²$13/sq ft ±0.0%新庄
1.2 km
山形県 新庄市東谷地田町3番15外1筆
Prefectural Survey 2026
Residential¥19K/m²$11/sq ft −0.5%一般住宅の中にアパート等も見られる郊外の住宅地域
山形県 新庄市中道町5番9
Prefectural Survey 2026
Residential¥17K/m²$10/sq ft ±0.0%一般住宅等が建ち並ぶ区画整理済の住宅地域
山形県 新庄市大字泉田字高台新田4102番8
Prefectural Survey 2026
Industrial¥5,190/m²$3/sq ft +0.4%中規模の工場が建ち並ぶ工業団地

Transaction prices

No data No transaction data for this area yet.

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

1-year growth
49
5-year growth
54
10-year growth
49
Price level
51

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Shinjo City?

The average price of residential land in Shinjo City is ¥22,750 per m² (about ¥75,207 per tsubo), based on 6 sites in the official land price surveys (2026).

Are land prices in Shinjo City going up?

Land prices in Shinjo City have fallen by -0.3% on average over the past year. Over five years the change is -1.1%.

What is the land price forecast for Shinjo City?

The Fudosan Zukan model projects residential land prices to change by -0.2% a year, reaching about ¥22,310 per m² in 10 years (range ¥18,294–¥26,326). Forecasts are projections, not guarantees.

What is the total value of real estate in Shinjo City?

About ¥196.7 billion: land ¥116.3 billion and buildings ¥80.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥164.4 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.