Real Estate Market Report of Chuo Ward, Niigata City, Niigata

Chuo Ward, located in the heart of Niigata City within Niigata Prefecture, represents a notable area for real estate investment. This locale boasts a mix of urban living with the charm of Niigata's rich culture and natural beauty. Understanding the dynamics of the real estate market in Chuo Ward requires a deep dive into various data points - from transaction prices over the years to the depreciation rates of properties based on age and construction standards. Investors looking into this market will find a landscape shaped by both historical trends and future potential.

Ratio of population of foreigners (per 100,000 persons)

853.9

Rate of population change

-1.86%

Number of elementary schools (per inhabitable area 100 km2)

52.98

Number of lower secondary schools (per inhabitable area 100 km2)

27.89

Number of upper secondary schools (per inhabitable area 100 km2)

30.67

Unemployment rate (Both sexes)

4.1%

Percentage of owned houses

51.9%

Number of retail stores (per 1,000 persons)

11.64

Number of eating and drinking places (per 1,000 persons)

10.87

Number of department stores and general merchandise stores (per 100,000 persons)

1.63

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