Exploring Yamagata Real Estate: Trends, Prices, and Investment Insights
Yamagata, located in the Tohoku region of Japan, offers a unique blend of traditional charm and evolving urban infrastructure. The prefecture boasts a high rate of home ownership (74.9%) and strong employment levels (96.6%), despite a slight population decline (-1.33%). With its scenic landscapes and a robust educational infrastructure—evident in the density of schools per inhabitable area—Yamagata attracts both local residents and foreign investors. The city-specific data, ranging from Yamagata City to Tsuruoka City, highlights a diverse market where price changes and local economic factors play a crucial role in shaping property values.
Ratio of population of foreigners (per 100,000 persons)
669.4
Aging index
320.4
Rate of population change
-1.33%
Yearly average of air temperature
12.6
Yearly average of relative humidity
75%
Yearly clear days
17
Number of elementary schools (per inhabitable area 100 km2)
8
Number of lower secondary schools (per inhabitable area 100 km2)
3.27
Number of upper secondary schools (per inhabitable area 100 km2)
2.09
Percentage of persons employed
96.6%
Unemployment rate (Both sexes)
3.4%
Percentage of owned houses
74.9%
Number of retail stores (per 1,000 persons)
9.44
Number of eating and drinking places (per 1,000 persons)
4.55
Number of department stores and general merchandise stores (per 100,000 persons)
0.28
Number of traffic accidents (per 100,000 persons)
285.3
Number of recognitions of criminal offenses (per 1,000 persons)
2.89
Amount of damage by disasters (per capita)(30 years average)
￥11801
Areas in Yamagata
| Area | Median Price per m² | Growth over last 5 years |
|---|---|---|
| Yamagata City | ￥180,000 | -14.5% |
| Tendo City | ￥161,111 | 5.7% |
| Sakata City | ￥75,716 | 11.2% |
| Yonezawa City | ￥75,000 | 25.0% |
| Tsuruoka City | ￥57,142 | 6.2% |
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