Minakami Town: property prices and land values

みなかみ町

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

Avg. residential land price
¥15K/m²
≈ $9/sq ft · 11 sites
#1205 of 1795 municipalities in Japan
Avg. commercial land price
¥26K/m²
≈ $15/sq ft · 4 sites
1-year change
−1.8%
Residential −1.9% · commercial −1.4%
5 years / 10 years
−10.7% / −22.5%
Same sites, chained
Pre-owned condos per m²
¥48K/m²
70 m² ≈ ¥3.4M · 6 sales
Pre-owned houses (median)
¥6.8M
≈ $43K · 14 sales
Real Estate Zukan Index
18/100
#1537 in Japan
Total real estate value Estimate
¥131.2 billion
≈ $834.15M · land ¥78.7 billion + buildings ¥52.5 billion
#872 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¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.6% a year
¥15K/m²¥14K/m²¥14K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥10K/m²–¥15K/m²

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

Total value (market estimate)
¥131.2 billion
≈ $834.15M · 0.01% of Japan
Land (market estimate)
¥78.7 billion
residential land ¥65.7 billion
Buildings (assessed)
¥52.5 billion
22,031 buildings · 2.6 km² floor area
Assessed value (fixed-asset tax)
¥111.5 billion
land ¥59.0 billion · buildings ¥52.5 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥46.0 billion¥65.7 billion6.5 km²¥10K/m²
Other land
farmland, forest, other
¥13.0 billion¥13.0 billion115.3 km²—
Buildings
wooden ¥18.3 billion · non-wooden ¥34.1 billion
¥52.5 billion¥52.5 billion2.6 km² floor—
Total¥111.5 billion¥131.2 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.

Minakami Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMinakami Town is1 year5 yearsCondos per m²Index
Minakami Town ¥15K/m²$9/sq ft −1.8%−10.7% ¥48K/m²18
Gunma ¥35K/m²$20/sq ft 0.42x+0.1%−2.0% ¥228K/m²34
Japan ¥120K/m²$71/sq ft 0.12x+2.1%+8.0% ¥493K/m²—

Neighborhoods 31 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Gokan
後閑
¥21K/m² ¥24K/m² −1.5% −10.8% — 3
Tsukiyono
月夜野
¥18K/m² — −1.6% −10.6% — 5
Shimomoku
下牧
¥17K/m² — −0.6% −3.9% — 1
Yubara
湯原
¥15K/m² ¥28K/m² −2.3% −14.2% — 6
Kawakami
川上
¥13K/m² — −3.0% −14.9% — —
Kamizu
上津
¥13K/m² — −0.7% −5.7% — —
Sarugakyoonsen
猿ケ京温泉
¥12K/m² — −1.6% −9.5% — 1
Haba
羽場
¥10K/m² — −1.0% −7.2% — 1
Oana
大穴
¥10K/m² — −2.9% −15.3% — 1
Ishikura
石倉
— — — — ¥40K/m² 8
Fujiwara
藤原
— — — — — 1
Sukawa
須川
— — — — — 3
Fuse
布施
— — — — — 2
Shimozu
下津
— — — — — 3
Obinata
小日向
— — — — — 2
Aramaki
新巻
— — — — — —
Konita
小仁田
— — — — — —
Moro
師
— — — — — 2
Maniwa
真庭
— — — — — —
Yujukuonsen
湯宿温泉
— — — — — —
Yubiso
湯桧曽
— — — — — 1
Mandokoro
政所
— ¥23K/m² −1.7% −10.0% — 1
Kamimoku
上牧
— — — — — 1
Irisukawa
入須川
— — — — — —
Takahinata
高日向
— — — — — 1
Tsunago
綱子
— — — — — 1
Tanigawa
谷川
— — — — — —
Higashimine
東峰
— — — — — —
Anogawa
阿能川
— — — — — —
Nishiminesukawa
西峰須川
— — — — — 1
鹿野沢
鹿野沢
— ¥28K/m² −1.1% −7.9% — —

Official land price survey sites highest first · 15 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
群馬県 利根郡みなかみ町湯原字諏訪原680番9
Land Price Publication 2026
Commercial¥28K/m²$16/sq ft −1.4%水上
900 m
群馬県 利根郡みなかみ町鹿野沢字前原70番13
Prefectural Survey 2026
Commercial¥28K/m²$16/sq ft −1.1%土産品店や飲食店舗が建ち並ぶ駅前商業地域
群馬県 利根郡みなかみ町後閑字舟戸316番1外
Land Price Publication 2026
Commercial¥24K/m²$14/sq ft −1.6%後閑
50 m
群馬県 利根郡みなかみ町政所1042番
Prefectural Survey 2026
Commercial¥23K/m²$14/sq ft −1.7%月夜野バイパス沿いに飲食店舗等が見られる郊外の路線商業地域
群馬県 利根郡みなかみ町月夜野字蟹枠3279番3
Land Price Publication 2026
Residential¥21K/m²$12/sq ft −1.9%後閑
1.4 km
群馬県 利根郡みなかみ町後閑字北入河原205番2
Land Price Publication 2026
Residential¥21K/m²$12/sq ft −1.4%後閑
300 m
群馬県 利根郡みなかみ町下牧字矢瀬575番6
Prefectural Survey 2026
Residential¥17K/m²$10/sq ft −0.6%中規模の農家住宅、一般住宅が見られる住宅地域
群馬県 利根郡みなかみ町川上字浦和20番21
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −2.6%一般住宅の中に空地が見られる住宅地域
群馬県 利根郡みなかみ町湯原字上ノ平283番5
Land Price Publication 2026
Residential¥15K/m²$9/sq ft −3.3%水上
1.4 km
群馬県 利根郡みなかみ町月夜野字東原935番3
Prefectural Survey 2026
Residential¥14K/m²$9/sq ft −1.4%上毛高原駅に比較的近い県道背後の戸建散在地域
群馬県 利根郡みなかみ町上津字村主1240番3外
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft −0.7%月夜野バイパスに近い郊外の一般住宅地域
群馬県 利根郡みなかみ町猿ヶ京温泉字新田裏1005番4
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −1.6%一般住宅、農家住宅が混在し未利用地も多い地域
群馬県 利根郡みなかみ町川上字山根545番
Land Price Publication 2026
Residential¥12K/m²$7/sq ft −3.3%水上
2.4 km
群馬県 利根郡みなかみ町羽場字廻戸855番4
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft −1.0%国道背後の農家住宅と一般住宅が混在する住宅地域
群馬県 利根郡みなかみ町大穴字北原342番
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft −2.9%一般住宅のほか農地、未利用地等も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 45 sales

Condos per m² (median)
¥48K/m²
Condo price (median)
¥2.3M
Land & building (median)
¥6.8M
Land per m² (median)
¥7,100/m²

Sales in the loaded period: Land 38 · Land & building 32 · Pre-owned condo 12 · Farmland 11 · Forest 8

DistrictPeriodTypePriceAreaBuiltPer m²
TsukiyonoQ2 2026Farmland ¥70K1,400 m²——
TsukiyonoQ2 2026Farmland ¥100K1,400 m²——
TsukiyonoQ1 2026Farmland ¥50K2,100 m²——
FuseQ1 2026Land & building ¥4.4M550 m²1982—
ShimozuQ1 2026Land & building ¥4.0M390 m²1995—
SarugakyoonsenQ1 2026Land ¥4.0M560 m²—¥7,100/m²
YubaraQ4 2025Pre-owned condo (contract) ¥4.0M50 m²1992¥80K/m²
YubaraQ4 2025Land ¥7.0M490 m²—¥14K/m²
HabaQ4 2025Land ¥5.0M350 m²—¥14K/m²
ShimozuQ4 2025Land & building ¥9.2M1,400 m²——
FujiwaraQ4 2025Land & building ¥100K260 m²1982—
TsunagoQ4 2025Land ¥100K1,100 m²—¥91/m²
IshikuraQ4 2025Pre-owned condo (contract) ¥1.4M40 m²1988¥35K/m²
MandokoroQ4 2025Land & building ¥200.0M9,999 m²1988—
KamimokuQ4 2025Land & building ¥1.0M125 m²1982—
MoroQ3 2025Land ¥3.0M930 m²—¥3,200/m²
MoroQ3 2025Land ¥500K220 m²—¥2,300/m²
IshikuraQ3 2025Pre-owned condo (contract) ¥1.8M40 m²1985¥45K/m²
IshikuraQ3 2025Pre-owned condo (contract) ¥2.8M55 m²1985¥51K/m²
ShimomokuQ3 2025Land & building ¥12.0M145 m²2000—

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

Market activity
22
1-year growth
14
5-year growth
11
10-year growth
10
Price level
33
Condo price level
0

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 Minakami Town?

The average price of residential land in Minakami Town is ¥14,582 per m² (about ¥48,205 per tsubo), based on 11 sites in the official land price surveys (2026).

Are land prices in Minakami Town going up?

Land prices in Minakami Town have fallen by -1.8% on average over the past year. Over five years the change is -10.7%.

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

The median price of pre-owned condo transactions in the last two years is ¥47,954 per m², with a median price of ¥2.3 million (6 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Minakami Town?

The Fudosan Zukan model projects residential land prices to change by -1.6% a year, reaching about ¥12,344 per m² in 10 years (range ¥10,122–¥14,566). Forecasts are projections, not guarantees.

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

About ¥131.2 billion: land ¥78.7 billion and buildings ¥52.5 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥111.5 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.