Kusatsu Town: property prices and land values

草津町

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

Avg. residential land price
¥20K/m²
≈ $12/sq ft · 3 sites
#1000 of 1795 municipalities in Japan
Avg. commercial land price
¥98K/m²
≈ $58/sq ft · 3 sites
1-year change
+4.4%
Residential −1.1% · commercial +10.0%
5 years / 10 years
+5.1% / −1.1%
Same sites, chained
Pre-owned condos per m²
¥68K/m²
70 m² ≈ ¥4.8M · 7 sales
Pre-owned houses (median)
¥5.5M
≈ $35K · 12 sales
Real Estate Zukan Index
52/100
#786 in Japan
Total real estate value Estimate
¥87.9 billion
≈ $558.70M · land ¥45.5 billion + buildings ¥42.3 billion
#1003 of 1719 municipalities

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

¥0/m²¥25K/m²¥50K/m²¥75K/m²¥100K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.4% a year
¥20K/m²¥20K/m²¥20K/m²¥21K/m²¥22K/m²

Forecasts are projections, not guarantees. 10-year range: ¥18K/m²–¥26K/m²

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

Total value (market estimate)
¥87.9 billion
≈ $558.70M · 0.01% of Japan
Land (market estimate)
¥45.5 billion
residential land ¥42.5 billion
Buildings (assessed)
¥42.3 billion
4,422 buildings · 1.1 km² floor area
Assessed value (fixed-asset tax)
¥75.1 billion
land ¥32.8 billion · buildings ¥42.3 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥29.8 billion¥42.5 billion1.8 km²¥24K/m²
Other land
farmland, forest, other
¥3.0 billion¥3.0 billion7.6 km²—
Buildings
wooden ¥5.7 billion · non-wooden ¥36.6 billion
¥42.3 billion¥42.3 billion1.1 km² floor—
Total¥75.1 billion¥87.9 billion

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.

Kusatsu Town compared with larger areas

AreaAvg. residential≈ USD/sq ftKusatsu Town is1 year5 yearsCondos per m²Index
Kusatsu Town ¥20K/m²$12/sq ft +4.4%+5.1% ¥68K/m²52
Gunma ¥35K/m²$20/sq ft 0.56x+0.1%−2.0% ¥228K/m²34
Japan ¥120K/m²$71/sq ft 0.16x+2.1%+8.0% ¥493K/m²—

Neighborhoods 2 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Kusatsu
草津
¥26K/m² ¥98K/m² +5.8% +11.3% ¥68K/m² 26
Oaza Maeguchi
前口
¥7,050/m² — −2.1% −14.0% — 2

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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 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 吾妻郡草津町大字草津字堂裏462番21
Land Price Publication 2026
Commercial¥58K/m²$34/sq ft +5.9%長野原草津口
13.0 km
群馬県 吾妻郡草津町大字草津字堂裏454番119
Land Price Publication 2026
Residential¥34K/m²$20/sq ft −0.6%長野原草津口
13.0 km
群馬県 吾妻郡草津町大字草津字谷地向丙235番41
Land Price Publication 2026
Residential¥18K/m²$11/sq ft −0.6%長野原草津口
14.0 km
群馬県 吾妻郡草津町大字前口字上沢545番7
Prefectural Survey 2026
Residential¥7,050/m²$4/sq ft −2.1%農地、山林を中心に一般住宅が散在する県道沿いの地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 28 sales

Condos per m² (median)
¥68K/m²
Condo price (median)
¥2.7M
Land & building (median)
¥5.5M
Land per m² (median)
¥18K/m²

Sales in the loaded period: Land & building 20 · Land 20 · Pre-owned condo 8

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza KusatsuQ2 2026Land ¥8.0M320 m²—¥25K/m²
Oaza KusatsuQ2 2026Land & building ¥1.3M165 m²1980—
Oaza KusatsuQ2 2026Land & building ¥30.0M260 m²1991—
Oaza KusatsuQ2 2026Land ¥4.6M300 m²—¥15K/m²
Oaza KusatsuQ1 2026Pre-owned condo (contract) ¥1.7M25 m²1984¥68K/m²
Oaza KusatsuQ1 2026Pre-owned condo (contract) ¥3.1M60 m²1993¥52K/m²
Oaza KusatsuQ1 2026Land & building ¥34.0M1,000 m²1980—
Oaza KusatsuQ1 2026Land & building ¥1.0M650 m²1992—
Oaza KusatsuQ1 2026Land & building ¥4.9M1,700 m²1975—
Oaza KusatsuQ1 2026Land & building ¥6.8M210 m²1970—
Oaza KusatsuQ4 2025Pre-owned condo (contract) ¥1.7M50 m²1980¥34K/m²
Oaza KusatsuQ4 2025Land ¥100K95 m²—¥1,100/m²
Oaza KusatsuQ4 2025Land ¥100K120 m²—¥850/m²
Oaza KusatsuQ4 2025Land ¥5.1M185 m²—¥27K/m²
Oaza KusatsuQ3 2025Pre-owned condo (contract) ¥2.5M45 m²1986¥56K/m²
Oaza MaeguchiQ3 2025Land & building ¥3.3M700 m²1981—
Oaza KusatsuQ3 2025Land ¥30.0M1,000 m²—¥30K/m²
Oaza KusatsuQ3 2025Land ¥18.0M650 m²—¥27K/m²
Oaza KusatsuQ3 2025Land & building ¥1.60B9,999 m²2004—
Oaza KusatsuQ3 2025Land & building ¥6.0M165 m²1982—

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

Market activity
14
1-year growth
89
5-year growth
73
10-year growth
64
Price level
44
Condo price level
2

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

Nearby areas

FAQ

What is the average land price in Kusatsu Town?

The average price of residential land in Kusatsu Town is ¥19,517 per m² (about ¥64,519 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Kusatsu Town going up?

Land prices in Kusatsu Town have risen by +4.4% on average over the past year. Over five years the change is +5.1%.

How much do pre-owned condos cost in Kusatsu Town?

The median price of pre-owned condo transactions in the last two years is ¥68,000 per m², with a median price of ¥2.7 million (7 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kusatsu Town?

The Fudosan Zukan model projects residential land prices to change by +1.4% a year, reaching about ¥22,362 per m² in 10 years (range ¥18,337–¥26,387). Forecasts are projections, not guarantees.

What is the total value of real estate in Kusatsu Town?

About ¥87.9 billion: land ¥45.5 billion and buildings ¥42.3 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥75.1 billion).

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.