Naganohara Town: property prices and land values

長野原町

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

Avg. residential land price
¥7,050/m²
≈ $4/sq ft · 4 sites
#1568 of 1795 municipalities in Japan
Avg. commercial land price
¥15K/m²
≈ $9/sq ft · 1 sites
1-year change
−1.6%
Residential −1.6% · commercial −1.3%
5 years / 10 years
−8.4% / −16.8%
Same sites, chained
Pre-owned condos per m²
¥95K/m²
70 m² ≈ ¥6.6M · 9 sales
Pre-owned houses (median)
¥5.7M
≈ $36K · 20 sales
Real Estate Zukan Index
17/100
#1556 in Japan
Total real estate value Estimate
¥39.6 billion
≈ $250.97M · land ¥19.0 billion + buildings ¥20.7 billion
#1264 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

¥5,000/m²¥10K/m²¥15K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.3% a year
¥7,050/m²¥6,960/m²¥6,784/m²¥6,612/m²¥6,202/m²

Forecasts are projections, not guarantees. 10-year range: ¥5,086/m²–¥7,318/m²

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

Total value (market estimate)
¥39.6 billion
≈ $250.97M · 0.00% of Japan
Land (market estimate)
¥19.0 billion
residential land ¥13.9 billion
Buildings (assessed)
¥20.7 billion
9,439 buildings · 90.4 ha floor area
Assessed value (fixed-asset tax)
¥35.5 billion
land ¥14.8 billion · buildings ¥20.7 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥9.7 billion¥13.9 billion4.3 km²¥3,194/m²
Other land
farmland, forest, other
¥5.1 billion¥5.1 billion53.0 km²—
Buildings
wooden ¥9.3 billion · non-wooden ¥11.4 billion
¥20.7 billion¥20.7 billion90.4 ha floor—
Total¥35.5 billion¥39.6 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.

Naganohara Town compared with larger areas

AreaAvg. residential≈ USD/sq ftNaganohara Town is1 year5 yearsCondos per m²Index
Naganohara Town ¥7,050/m²$4/sq ft −1.6%−8.4% ¥95K/m²17
Gunma ¥35K/m²$20/sq ft 0.20x+0.1%−2.0% ¥228K/m²34
Japan ¥120K/m²$70/sq ft 0.06x+2.1%+8.0% ¥493K/m²—

Neighborhoods 6 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Naganohara
長野原
¥12K/m² — −2.5% −11.5% — 1
Oaza Haneo
羽根尾
¥11K/m² — −1.8% −8.5% — 1
Oaza Okuwa
応桑
¥3,930/m² — −1.8% −8.6% — 14
Oaza Kitakaruizawa
北軽井沢
¥2,070/m² — −0.5% — ¥95K/m² 48
Oaza Otsu
大津
— ¥15K/m² −1.3% −7.5% — 3
Oaza Hayashi
林
— — — — — 2

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
群馬県 吾妻郡長野原町大字大津字馬込72番3
Land Price Publication 2026
Commercial¥15K/m²$9/sq ft −1.3%群馬大津
1.3 km
群馬県 吾妻郡長野原町大字長野原字遠西52番3
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −2.5%一般住宅等が建ち並ぶ傾斜地の住宅地域
群馬県 吾妻郡長野原町大字羽根尾字小滝394番2
Land Price Publication 2026
Residential¥11K/m²$6/sq ft −1.8%羽根尾
80 m
群馬県 吾妻郡長野原町大字応桑字田通原1543番18
Prefectural Survey 2026
Residential¥3,930/m²$2/sq ft −1.8%中規模の農家住宅、畑が混在する住宅地域
群馬県 吾妻郡長野原町大字北軽井沢字新鎌1987番457
Land Price Publication 2026
Residential¥2,070/m²$1/sq ft −0.5%羽根尾
12.0 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 69 sales

Condos per m² (median)
¥95K/m²
Condo price (median)
¥4.8M
Land & building (median)
¥5.7M
Land per m² (median)
¥2,800/m²

Sales in the loaded period: Land & building 47 · Land 47 · Farmland 31 · Pre-owned condo 19 · Forest 9

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza KitakaruizawaQ2 2026Land ¥700K690 m²—¥1,000/m²
Oaza KitakaruizawaQ2 2026Land & building ¥1.0M300 m²1997—
Oaza HaneoQ2 2026Land ¥2.0M710 m²—¥2,800/m²
Oaza KitakaruizawaQ1 2026Forest ¥6.3M8,888 m²——
Oaza KitakaruizawaQ1 2026Land & building ¥10K720 m²——
Oaza KitakaruizawaQ1 2026Land ¥5.0M1,500 m²—¥3,400/m²
Oaza OkuwaQ1 2026Farmland ¥550K910 m²——
Oaza HayashiQ1 2026Farmland ¥250K360 m²——
Oaza KitakaruizawaQ4 2025Pre-owned condo (contract) ¥3.7M35 m²1990¥106K/m²
Oaza KitakaruizawaQ4 2025Pre-owned condo (contract) ¥6.7M60 m²1990¥112K/m²
Oaza KitakaruizawaQ4 2025Pre-owned condo (contract) ¥4.8M55 m²1993¥87K/m²
Oaza KitakaruizawaQ4 2025Farmland ¥6.4M8,888 m²——
Oaza KitakaruizawaQ4 2025Farmland ¥2.8M4,700 m²——
Oaza KitakaruizawaQ4 2025Farmland ¥5.6M8,888 m²——
Oaza KitakaruizawaQ4 2025Farmland ¥3.1M3,300 m²——
Oaza KitakaruizawaQ4 2025Land ¥10K830 m²—¥12/m²
Oaza KitakaruizawaQ4 2025Land & building ¥13.0M720 m²1999—
Oaza KitakaruizawaQ4 2025Land ¥2.2M530 m²—¥4,200/m²
Oaza KitakaruizawaQ4 2025Land & building ¥12.0M1,600 m²2004—
Oaza KitakaruizawaQ4 2025Land & building ¥3.5M340 m²2001—

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

Market activity
30
1-year growth
17
5-year growth
17
10-year growth
21
Price level
13
Condo price level
5

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 Naganohara Town?

The average price of residential land in Naganohara Town is ¥7,050 per m² (about ¥23,306 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Naganohara Town going up?

Land prices in Naganohara Town have fallen by -1.6% on average over the past year. Over five years the change is -8.4%.

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

The median price of pre-owned condo transactions in the last two years is ¥94,545 per m², with a median price of ¥4.8 million (9 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Naganohara Town?

The Fudosan Zukan model projects residential land prices to change by -1.3% a year, reaching about ¥6,202 per m² in 10 years (range ¥5,086–¥7,318). Forecasts are projections, not guarantees.

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

About ¥39.6 billion: land ¥19.0 billion and buildings ¥20.7 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥35.5 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 ¥157.9 = $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.