Hikawa Town: property prices and land values

氷川町

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

Avg. residential land price
¥12K/m²
≈ $7/sq ft · 3 sites
#1325 of 1795 municipalities in Japan
Avg. commercial land price
¥28K/m²
≈ $16/sq ft · 1 sites
1-year change
−1.6%
Residential −1.1% · commercial −2.8%
5 years / 10 years
−6.8% / −11.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥7.8M
≈ $49K · 10 sales
Real Estate Zukan Index
24/100
#1426 in Japan
Total real estate value Estimate
¥45.2 billion
≈ $287.19M · land ¥28.2 billion + buildings ¥17.0 billion
#1234 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¥10K/m²¥20K/m²¥30K/m²¥40K/m²¥50K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.0% a year
¥12K/m²¥12K/m²¥11K/m²¥11K/m²¥11K/m²

Forecasts are projections, not guarantees. 10-year range: ¥8,642/m²–¥12K/m²

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

Total value (market estimate)
¥45.2 billion
≈ $287.19M · 0.00% of Japan
Land (market estimate)
¥28.2 billion
residential land ¥25.0 billion
Buildings (assessed)
¥17.0 billion
7,922 buildings · 92.1 ha floor area
Assessed value (fixed-asset tax)
¥37.7 billion
land ¥20.7 billion · buildings ¥17.0 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥17.5 billion¥25.0 billion2.7 km²¥9,136/m²
Other land
farmland, forest, other
¥3.2 billion¥3.2 billion22.6 km²—
Buildings
wooden ¥11.0 billion · non-wooden ¥6.0 billion
¥17.0 billion¥17.0 billion92.1 ha floor—
Total¥37.7 billion¥45.2 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.

Hikawa Town compared with larger areas

AreaAvg. residential≈ USD/sq ftHikawa Town is1 year5 yearsCondos per m²Index
Hikawa Town ¥12K/m²$7/sq ft −1.6%−6.8% —24
Kumamoto ¥43K/m²$25/sq ft 0.27x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$71/sq ft 0.10x+2.1%+8.0% ¥493K/m²—

Neighborhoods 16 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Miyahara
宮原
¥16K/m² — ±0.0% ±0.0% — 5
Shimachi
島地
¥11K/m² — −0.9% −4.3% — 2
Nozu
野津
¥7,700/m² — −2.5% −8.3% — 6
Takatsuka
高塚
— — — — — 10
Wakasu
若洲
— — — — — 3
Amido
網道
— — — — — 3
Ono
大野
— — — — — 3
Ima
今
— — — — — 2
Kashima
鹿島
— — — — — 2
Kano
鹿野
— — — — — 1
Shinden
新田
— — — — — 1
Tategami
立神
— — — — — 2
Kawahara
河原
— — — — — —
Arisa
有佐
— — — — — 1
Miyaharaeikyu
宮原栄久
— ¥28K/m² −2.8% −13.9% — 1
Hayao
早尾
— — — — — 1

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 八代郡氷川町宮原栄久字栄久18番1
Prefectural Survey 2026
Commercial¥28K/m²$16/sq ft −2.8%国道沿いにスーパー、店舗等が見られる旧来からの商業地域
熊本県 八代郡氷川町宮原字久保318番1
Prefectural Survey 2026
Residential¥16K/m²$10/sq ft ±0.0%中規模一般住宅のほか空地も見られる住宅地域
熊本県 八代郡氷川町島地字弐番割182番4
Prefectural Survey 2026
Residential¥11K/m²$6/sq ft −0.9%一般住宅を主とする公共施設に近接した住宅地域
熊本県 八代郡氷川町野津字東法道596番2
Prefectural Survey 2026
Residential¥7,700/m²$5/sq ft −2.5%一般住宅と農家住宅が混在する既成住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 43 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥7.8M
Land per m² (median)
¥10K/m²

Sales in the loaded period: Farmland 33 · Land & building 20 · Land 15

DistrictPeriodTypePriceAreaBuiltPer m²
AmidoQ2 2026Farmland ¥27K320 m²——
MiyaharaeikyuQ2 2026Land & building ¥11.0M190 m²2004—
MiyaharaQ2 2026Land ¥1.5M90 m²—¥17K/m²
MiyaharaQ2 2026Land & building ¥19.0M280 m²——
ImaQ2 2026Land ¥6.0M510 m²—¥12K/m²
TakatsukaQ1 2026Farmland ¥500K175 m²——
TakatsukaQ1 2026Land ¥560K80 m²—¥7,100/m²
KashimaQ1 2026Land ¥7.0M670 m²—¥10K/m²
OnoQ1 2026Farmland ¥200K420 m²——
OnoQ1 2026Farmland ¥840K840 m²——
NozuQ1 2026Farmland ¥600K130 m²——
NozuQ1 2026Farmland ¥1.0M220 m²——
TakatsukaQ4 2025Farmland ¥5.8M350 m²——
AmidoQ4 2025Land & building ¥7.5M1,600 m²——
HayaoQ4 2025Land & building ¥3.2M380 m²1966—
KashimaQ4 2025Land & building ¥110.0M9,999 m²1984—
OnoQ4 2025Farmland ¥500K320 m²——
MiyaharaQ4 2025Land ¥2.7M95 m²—¥28K/m²
NozuQ4 2025Land & building ¥1.8M400 m²——
TakatsukaQ3 2025Farmland ¥12.0M4,000 m²——

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

Market activity
21
1-year growth
18
5-year growth
25
10-year growth
35
Price level
26

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 Hikawa Town?

The average price of residential land in Hikawa Town is ¥11,667 per m² (about ¥38,569 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Hikawa Town going up?

Land prices in Hikawa Town have fallen by -1.6% on average over the past year. Over five years the change is -6.8%.

What is the land price forecast for Hikawa Town?

The Fudosan Zukan model projects residential land prices to change by -1.0% a year, reaching about ¥10,539 per m² in 10 years (range ¥8,642–¥12,436). Forecasts are projections, not guarantees.

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

About ¥45.2 billion: land ¥28.2 billion and buildings ¥17.0 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥37.7 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.