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

Nestled in the picturesque landscape of Niigata Prefecture, Nishi Ward in Niigata City emerges as a strategic and promising region for real estate investment. This area, known for its balance of urban convenience and natural beauty, offers a variety of real estate options ranging from cozy apartments to spacious detached houses. As an entry point to understanding the dynamics of Nishi Ward's housing market, this report provides a comprehensive analysis of price trends, property age impact on value, and how different construction cohorts weather the market over time.

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

545.3

Rate of population change

-1.34%

Number of elementary schools (per inhabitable area 100 km2)

22.04

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

11.02

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

5.51

Unemployment rate (Both sexes)

4%

Percentage of owned houses

63.3%

Number of retail stores (per 1,000 persons)

6.31

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

2.73

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

1.84

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