Yamagata Real Estate Report: Trends and Insights
Yamagata Prefecture, located in the Tohoku region of Japan, is a unique blend of natural beauty and cultural heritage. Known for its scenic landscapes, hot springs, and the famous Yamagata cherries, it also has a steadily evolving real estate market. This article delves into the trends and data surrounding real estate investment in Yamagata, particularly focusing on Yamagata City. By analyzing transaction prices over years, price per square meter trends, and how prices change with the age of properties and construction standards, we aim to provide a comprehensive insight into the area's property investment prospects.
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 | ￥150,909 | -16.6% |
| Yonezawa City | ￥80,857 | 27.5% |
| Tsuruoka City | ￥66,666 | 3.3% |
| Sakata City | ￥60,606 | -18.3% |
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