Gunma: property prices and land values

群馬県

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

Avg. residential land price
¥35K/m²
≈ $20/sq ft · 512 sites
#31 of 47 prefectures
Avg. commercial land price
¥71K/m²
≈ $42/sq ft · 210 sites
1-year change
+0.1%
Residential −0.1% · commercial +0.5%
5 years / 10 years
−2.0% / −5.4%
Same sites, chained
Pre-owned condos per m²
¥228K/m²
70 m² ≈ ¥15.9M · 456 sales
Pre-owned houses (median)
¥18.0M
≈ $114K · 4075 sales
Real Estate Zukan Index
34/100
Total real estate value Estimate
¥15.5 trillion
≈ $98.8B · land ¥10.7 trillion + buildings ¥4.8 trillion
#17 of 47 prefectures

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

¥20K/m²¥40K/m²¥60K/m²¥80K/m²¥100K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.2% a year
¥35K/m²¥35K/m²¥34K/m²¥34K/m²¥34K/m²

Forecasts are projections, not guarantees. 10-year range: ¥28K/m²–¥40K/m²

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

Total value (market estimate)
¥15.5 trillion
≈ $98.8B · 1.1% of Japan
Land (market estimate)
¥10.7 trillion
residential land ¥9.9 trillion
Buildings (assessed)
¥4.8 trillion
1,235,678 buildings · 168.0 km² floor area
Assessed value (fixed-asset tax)
¥12.6 trillion
land ¥7.8 trillion · buildings ¥4.8 trillion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥6.9 trillion¥9.9 trillion443.1 km²¥22K/m²
Other land
farmland, forest, other
¥861.4 billion¥861.4 billion1,981.6 km²—
Buildings
wooden ¥2.1 trillion · non-wooden ¥2.7 trillion
¥4.8 trillion¥4.8 trillion168.0 km² floor—
Total¥12.6 trillion¥15.5 trillion

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.

Gunma compared with larger areas

AreaAvg. residential≈ USD/sq ftGunma is1 year5 yearsCondos per m²Index
Gunma ¥35K/m²$20/sq ft +0.1%−2.0% ¥228K/m²34
Japan ¥120K/m²$71/sq ft 0.29x+2.1%+8.0% ¥493K/m²—

Municipalities 35 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²SalesTotal value
Maebashi City
前橋市
¥49K/m² ¥73K/m² +0.2% −0.9% ¥200K/m² 1,270 ¥3.0 trillion
Takasaki City
高崎市
¥56K/m² ¥141K/m² +1.0% +2.0% ¥331K/m² 1,654 ¥3.2 trillion
Kiryu City
桐生市
¥24K/m² ¥34K/m² −0.9% −7.2% ¥231K/m² 356 ¥625.2 billion
Isesaki City
伊勢崎市
¥33K/m² ¥46K/m² +0.1% −0.2% ¥90K/m² 790 ¥1.7 trillion
Ota City
太田市
¥37K/m² ¥65K/m² +0.9% +2.2% ¥110K/m² 798 ¥2.0 trillion
Numata City
沼田市
¥27K/m² ¥48K/m² −0.6% −4.9% — 108 ¥302.3 billion
Tatebayashi City
館林市
¥32K/m² ¥45K/m² +0.2% −1.5% — 337 ¥602.6 billion
Shibukawa City
渋川市
¥25K/m² ¥43K/m² −0.5% −5.3% — 172 ¥553.1 billion
Fujioka City
藤岡市
¥23K/m² ¥33K/m² −1.0% −5.9% — 167 ¥450.8 billion
Tomioka City
富岡市
¥23K/m² ¥37K/m² −1.3% −8.5% — 134 ¥320.2 billion
Annaka City
安中市
¥20K/m² ¥30K/m² −1.0% −8.0% — 138 ¥363.1 billion
Midori City
みどり市
¥19K/m² ¥31K/m² −0.2% −4.0% — 117 ¥299.2 billion
Shinto Village
榛東村
¥22K/m² ¥25K/m² −0.7% −5.1% — 28 ¥77.2 billion
Yoshioka Town
吉岡町
¥33K/m² ¥44K/m² +0.3% +0.7% — 64 ¥179.1 billion
Ueno Village
上野村
¥3,160/m² — −1.9% −11.5% — — ¥1.8 billion
Kanna Town
神流町
¥5,280/m² — −1.8% −13.6% — 1 ¥4.2 billion
Shimonita Town
下仁田町
¥13K/m² ¥19K/m² −2.5% −14.6% — 18 ¥35.1 billion
Nanmoku Village
南牧村
¥4,530/m² — −2.6% −14.4% — 4 ¥3.9 billion
Kanra Town
甘楽町
¥17K/m² ¥24K/m² −0.7% −4.5% — 34 ¥85.1 billion
Nakanojo Town
中之条町
¥18K/m² ¥26K/m² −1.9% −12.5% — 35 ¥77.4 billion
Naganohara Town
長野原町
¥7,050/m² ¥15K/m² −1.6% −8.4% ¥95K/m² 69 ¥39.6 billion
Tsumagoi Village
嬬恋村
¥8,833/m² ¥20K/m² −0.6% −5.3% ¥82K/m² 143 ¥68.4 billion
Kusatsu Town
草津町
¥20K/m² ¥98K/m² +4.4% +5.1% ¥68K/m² 28 ¥87.9 billion
Takayama Village
高山村
¥7,000/m² — −1.4% −7.3% — 3 ¥16.5 billion
Higashiagatsuma Town
東吾妻町
¥14K/m² ¥28K/m² −0.9% −6.2% — 42 ¥67.1 billion
Katashina Village
片品村
¥7,000/m² ¥19K/m² −1.6% −8.8% — 8 ¥23.6 billion
Kawaba Village
川場村
¥9,075/m² — −0.8% −3.8% — 3 ¥19.6 billion
Showa Village
昭和村
¥11K/m² — −0.9% −4.5% — 2 ¥48.9 billion
Minakami Town
みなかみ町
¥15K/m² ¥26K/m² −1.8% −10.7% ¥48K/m² 45 ¥131.2 billion
Tamamura Town
玉村町
¥34K/m² ¥41K/m² ±0.0% −0.3% — 68 ¥264.6 billion
Itakura Town
板倉町
¥16K/m² — −1.1% −7.2% — 33 ¥126.3 billion
Meiwa Town
明和町
¥24K/m² — ±0.0% −0.1% — 35 ¥113.5 billion
Chiyoda Town
千代田町
¥18K/m² — −0.2% −4.0% — 31 ¥113.8 billion
Oizumi Town
大泉町
¥30K/m² ¥38K/m² +0.3% ±0.0% — 152 ¥327.4 billion
Oura Town
邑楽町
¥24K/m² — −0.2% −3.2% — 85 ¥189.0 billion

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
群馬県 高崎市八島町63番1外
Land Price Publication 2026
Commercial¥522K/m²$308/sq ft +1.0%高崎
110 m
群馬県 高崎市栄町6番8
Land Price Publication 2026
Commercial¥458K/m²$271/sq ft +2.2%高崎
300 m
群馬県 高崎市栄町7番3
Prefectural Survey 2026
Commercial¥453K/m²$268/sq ft +3.7%高層の事務所、店舗ビル等が建ち並ぶ商業地域
群馬県 高崎市旭町37番5外
Prefectural Survey 2026
Commercial¥437K/m²$258/sq ft +2.3%中低層の小売店舗、飲食店等が建ち並ぶ駅に近い商業地域
群馬県 高崎市栄町11番10
Land Price Publication 2026
Commercial¥410K/m²$242/sq ft +2.2%高崎
330 m
群馬県 高崎市連雀町7番2
Prefectural Survey 2026
Commercial¥308K/m²$182/sq ft +3.7%店舗兼事務所ビル、小売店舗が建ち並ぶ商業地域
群馬県 高崎市栄町3番5外
Prefectural Survey 2026
Commercial¥303K/m²$179/sq ft +3.8%中層の事務所ビル、マンション、医院のほか店舗も見られる商業地域
群馬県 高崎市連雀町7番2
Land Price Publication 2026
Commercial¥302K/m²$178/sq ft +3.4%高崎
610 m
群馬県 高崎市檜物町162番
Prefectural Survey 2026
Commercial¥300K/m²$177/sq ft +3.8%中低層の店舗、事務所等が混在する駅前通りの商業地域
群馬県 高崎市通町52番1
Land Price Publication 2026
Commercial¥224K/m²$132/sq ft +3.2%高崎
400 m
群馬県 高崎市鶴見町3番12
Prefectural Survey 2026
Commercial¥204K/m²$121/sq ft +3.6%店舗、事務所、マンション等が混在する駅周辺の商業地域
群馬県 高崎市岩押町120番16外
Prefectural Survey 2026
Commercial¥203K/m²$120/sq ft +3.0%事務所、店舗、住宅等が混在する沿道商業地域
群馬県 前橋市本町2丁目2番15外
Land Price Publication 2026
Commercial¥179K/m²$106/sq ft +4.1%前橋
850 m
群馬県 高崎市真町8番外
Land Price Publication 2026
Residential¥177K/m²$105/sq ft +3.5%高崎
680 m
群馬県 太田市飯田町1386番
Land Price Publication 2026
Commercial¥172K/m²$102/sq ft +4.2%太田
群馬県 高崎市北双葉町10番6
Prefectural Survey 2026
Residential¥141K/m²$83/sq ft +3.7%一般住宅が建ち並ぶ利便性の良い住宅地域
群馬県 吾妻郡草津町大字草津字西町407番2
Prefectural Survey 2026
Commercial¥138K/m²$82/sq ft +14.0%旅館、土産品店、飲食店等が建ち並ぶ温泉街
群馬県 高崎市岩押町124番8
Land Price Publication 2026
Residential¥134K/m²$79/sq ft +3.9%高崎
850 m
群馬県 前橋市表町二丁目9番7
Prefectural Survey 2026
Commercial¥131K/m²$77/sq ft +1.6%中層の事務所ビルが多い駅前通り商業地域
群馬県 前橋市表町二丁目24番14
Prefectural Survey 2026
Commercial¥129K/m²$76/sq ft +1.6%店舗、営業所等が建ち並ぶ駅前商業地域
群馬県 高崎市上中居町1767番
Prefectural Survey 2026
Commercial¥128K/m²$76/sq ft +3.2%店舗、共同住宅等が建ち並ぶ区画整理済みの路線商業地域
群馬県 高崎市北双葉町65番
Prefectural Survey 2026
Commercial¥126K/m²$74/sq ft +3.3%併用住宅、中低層の店舗、事務所ビル等が建ち並ぶ近隣商業地域
群馬県 前橋市南町3丁目36番3外
Land Price Publication 2026
Commercial¥123K/m²$73/sq ft +1.7%前橋
100 m
群馬県 高崎市東町241番7外
Prefectural Survey 2026
Residential¥122K/m²$72/sq ft +3.4%中規模一般住宅が多い利便性の良い住宅地域
群馬県 高崎市和田町22番6外
Prefectural Survey 2026
Residential¥119K/m²$70/sq ft +3.5%中規模一般住宅を中心とする利便性の良好な住宅地域
群馬県 高崎市柳川町146番4外
Land Price Publication 2026
Residential¥112K/m²$66/sq ft +0.9%高崎
1.5 km
群馬県 前橋市千代田町四丁目15番16
Prefectural Survey 2026
Commercial¥111K/m²$66/sq ft ±0.0%小売店や百貨店が建ち並ぶ商業地域
群馬県 高崎市江木町字若宮1539番2
Prefectural Survey 2026
Commercial¥110K/m²$65/sq ft +2.8%郊外型店舗、営業所等が建ち並ぶ環状線沿いの商業地域
群馬県 前橋市千代田町4丁目15番16
Land Price Publication 2026
Commercial¥110K/m²$65/sq ft ±0.0%前橋
1.3 km
群馬県 高崎市竜見町3番2
Land Price Publication 2026
Residential¥106K/m²$63/sq ft +3.9%高崎
750 m
群馬県 太田市飯田町699番
Prefectural Survey 2026
Commercial¥101K/m²$60/sq ft +2.6%事務所営業所等を中心に飲食店舗も多く混在する商業地域
群馬県 前橋市千代田町4丁目1番26
Land Price Publication 2026
Commercial¥100K/m²$59/sq ft +2.0%前橋
1.0 km
群馬県 高崎市双葉町95番2
Prefectural Survey 2026
Residential¥98K/m²$58/sq ft +3.7%中規模一般住宅を中心にアパートや駐車場等の見られる住宅地域
群馬県 吾妻郡草津町大字草津字新田町92番
Prefectural Survey 2026
Commercial¥98K/m²$58/sq ft +10.1%店舗、旅館、駐車場等が混在する温泉街の商業地域
群馬県 高崎市下和田町二丁目5番2
Prefectural Survey 2026
Residential¥97K/m²$57/sq ft +3.5%一般住宅が建ち並ぶ区画整然とした住宅地域
群馬県 太田市飯田町187番1
Prefectural Survey 2026
Commercial¥96K/m²$57/sq ft +2.3%店舗、事務所、営業所等が建ち並ぶ沿道商業地域
群馬県 高崎市江木町字若宮1471番1
Land Price Publication 2026
Residential¥96K/m²$57/sq ft +1.2%高崎
2.3 km
群馬県 高崎市上中居町字西屋敷182番3
Prefectural Survey 2026
Residential¥96K/m²$57/sq ft +1.7%一般住宅を中心とし医院、店舗も混在する住宅地域
群馬県 高崎市和田町1番11
Land Price Publication 2026
Commercial¥93K/m²$55/sq ft +2.0%高崎
720 m
群馬県 前橋市大手町1丁目113番
Land Price Publication 2026
Residential¥92K/m²$54/sq ft +1.1%前橋
1.7 km
群馬県 高崎市北通町63番2外
Land Price Publication 2026
Commercial¥92K/m²$54/sq ft +2.0%高崎
800 m
群馬県 高崎市柳川町43番1
Land Price Publication 2026
Commercial¥92K/m²$54/sq ft +1.8%高崎
1.6 km
群馬県 太田市新井町520番14
Prefectural Survey 2026
Commercial¥90K/m²$53/sq ft +2.0%中小規模の営業所、店舗等が建ち並ぶ商業地域
群馬県 太田市新井町520番14
Land Price Publication 2026
Commercial¥89K/m²$53/sq ft +2.2%太田
1.1 km
群馬県 高崎市高関町字岡久保513番2
Land Price Publication 2026
Residential¥89K/m²$53/sq ft +2.1%高崎
2.0 km
群馬県 高崎市中紺屋町22番1外
Prefectural Survey 2026
Commercial¥88K/m²$52/sq ft +2.4%小売店舗、飲食店等が建ち並ぶ既存の商業地域
群馬県 前橋市文京町三丁目305番2外
Prefectural Survey 2026
Residential¥88K/m²$52/sq ft +0.5%中規模一般住宅が多い区画整理済みの環境の良い既成住宅地域
群馬県 前橋市天川原町一丁目20番8外
Prefectural Survey 2026
Commercial¥88K/m²$52/sq ft +1.5%中規模の小売店舗、飲食店等が建ち並ぶ路線商業地域
群馬県 高崎市飯塚町字問屋町前1124番
Prefectural Survey 2026
Commercial¥88K/m²$52/sq ft +2.7%中層の事務所ビル、小売店舗、飲食店等が建ち並ぶ商業地域
群馬県 前橋市南町4丁目21番3外
Land Price Publication 2026
Residential¥88K/m²$52/sq ft +1.5%前橋
650 m
群馬県 高崎市中紺屋町22番1外
Land Price Publication 2026
Commercial¥87K/m²$51/sq ft +2.1%高崎
1.0 km
群馬県 高崎市上中居町字咲地蔵483番12
Land Price Publication 2026
Residential¥86K/m²$51/sq ft +1.1%高崎
2.0 km
群馬県 前橋市南町二丁目28番8外
Prefectural Survey 2026
Residential¥86K/m²$51/sq ft +1.5%一般住宅等が建ち並ぶ区画整然とした住宅地域
群馬県 前橋市南町3丁目59番9外
Land Price Publication 2026
Commercial¥85K/m²$50/sq ft +0.9%前橋
700 m
群馬県 高崎市江木町字西前沖154番4
Land Price Publication 2026
Commercial¥85K/m²$50/sq ft +2.3%高崎
1.3 km
群馬県 前橋市南町2丁目28番8外
Land Price Publication 2026
Residential¥85K/m²$50/sq ft +1.6%前橋
1.3 km
群馬県 高崎市並榎町51番1
Land Price Publication 2026
Commercial¥83K/m²$49/sq ft +1.1%北高崎
1.1 km
群馬県 高崎市矢中町43番3
Prefectural Survey 2026
Residential¥83K/m²$49/sq ft +1.5%一般住宅の多い区画整理済の住宅地域
群馬県 高崎市中居町4丁目12番3外
Land Price Publication 2026
Commercial¥83K/m²$49/sq ft +1.8%倉賀野
2.3 km
群馬県 高崎市本町28番2外
Prefectural Survey 2026
Commercial¥82K/m²$49/sq ft +0.7%小売店舗のほか事務所、営業所等が混在する商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 6,972 sales

Condos per m² (median)
¥228K/m²
Condo price (median)
¥17.0M
Land & building (median)
¥18.0M
Land per m² (median)
¥22K/m²

Sales in the loaded period: Land & building 6,986 · Land 4,789 · Pre-owned condo 736 · Farmland 391 · Forest 200

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

Market activity
46
1-year growth
37
5-year growth
24
10-year growth
37
Price level
35
Condo price level
27

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

FAQ

What is the average land price in Gunma?

The average price of residential land in Gunma is ¥34,628 per m² (about ¥114,473 per tsubo), based on 512 sites in the official land price surveys (2026).

Are land prices in Gunma going up?

Land prices in Gunma have risen by +0.1% on average over the past year. Over five years the change is -2.0%.

How much do pre-owned condos cost in Gunma?

The median price of pre-owned condo transactions in the last two years is ¥227,618 per m², with a median price of ¥17.0 million (456 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Gunma?

The Fudosan Zukan model projects residential land prices to change by -0.2% a year, reaching about ¥34,085 per m² in 10 years (range ¥27,950–¥40,220). Forecasts are projections, not guarantees.

What is the total value of real estate in Gunma?

About ¥15.5 trillion: land ¥10.7 trillion and buildings ¥4.8 trillion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥12.6 trillion).

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.