Minamioguni Town: property prices and land values

南小国町

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

Avg. residential land price
¥9,633/m²
≈ $6/sq ft · 3 sites
#1428 of 1795 municipalities in Japan
Avg. commercial land price
No data
1-year change
−0.4%
Residential −0.4% · commercial —
5 years / 10 years
−2.8% / −7.6%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.0M
≈ $13K · 7 sales
Real Estate Zukan Index
33/100
#1220 in Japan
Total real estate value Estimate
¥16.9 billion
≈ $106.73M · land ¥8.8 billion + buildings ¥8.1 billion
#1473 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

¥8,000/m²¥10K/m²¥12K/m²¥14K/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.4% a year
¥9,633/m²¥9,599/m²¥9,530/m²¥9,462/m²¥9,294/m²

Forecasts are projections, not guarantees. 10-year range: ¥7,621/m²–¥11K/m²

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

Total value (market estimate)
¥16.9 billion
≈ $106.73M · 0.00% of Japan
Land (market estimate)
¥8.8 billion
residential land ¥6.9 billion
Buildings (assessed)
¥8.1 billion
4,727 buildings · 49.0 ha floor area
Assessed value (fixed-asset tax)
¥14.8 billion
land ¥6.7 billion · buildings ¥8.1 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥4.8 billion¥6.9 billion1.2 km²¥5,825/m²
Other land
farmland, forest, other
¥1.9 billion¥1.9 billion39.9 km²—
Buildings
wooden ¥5.3 billion · non-wooden ¥2.8 billion
¥8.1 billion¥8.1 billion49.0 ha floor—
Total¥14.8 billion¥16.9 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.

Minamioguni Town compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamioguni Town is1 year5 yearsCondos per m²Index
Minamioguni Town ¥9,633/m²$6/sq ft −0.4%−2.8% —33
Kumamoto ¥43K/m²$25/sq ft 0.22x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$70/sq ft 0.08x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Akababa
赤馬場
¥9,700/m² — −0.3% −2.7% — 7
Oaza Manganji
満願寺
¥9,500/m² — −0.5% −3.1% — 10
Oaza Nakabaru
中原
— — — — — 2

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 阿蘇郡南小国町大字赤馬場字東市原1904番4
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft ±0.0%一般住宅の中に空地等の見られる住宅地域
熊本県 阿蘇郡南小国町大字満願寺字火焼輪智6368番37
Prefectural Survey 2026
Residential¥9,500/m²$6/sq ft −0.5%黒川温泉に近く、周辺に別荘が多く見られる分譲別荘地域
熊本県 阿蘇郡南小国町大字赤馬場字磧ノ本1159番4
Prefectural Survey 2026
Residential¥7,900/m²$5/sq ft −0.6%農家住宅、一般住宅のほか空地も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 19 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.0M
Land per m² (median)
¥14K/m²

Sales in the loaded period: Forest 14 · Land & building 14 · Farmland 8 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza ManganjiQ2 2026Forest ¥50K200 m²——
Oaza NakabaruQ2 2026Farmland ¥800K8,888 m²——
Oaza AkababaQ2 2026Forest ¥1.5M8,888 m²——
Oaza ManganjiQ1 2026Land & building ¥2.0M380 m²1989—
Oaza AkababaQ1 2026Land ¥5.0M350 m²—¥14K/m²
Oaza AkababaQ1 2026Land ¥4.0M190 m²—¥21K/m²
Oaza ManganjiQ4 2025Land ¥2.8M520 m²—¥5,400/m²
Oaza ManganjiQ4 2025Land & building ¥2.0M350 m²——
Oaza ManganjiQ4 2025Land & building ¥500K200 m²——
Oaza AkababaQ4 2025Forest ¥500K2,500 m²——
Oaza ManganjiQ3 2025Forest ¥550K330 m²——
Oaza ManganjiQ2 2025Forest ¥100K8,888 m²——
Oaza ManganjiQ2 2025Forest ¥80K1,600 m²——
Oaza ManganjiQ2 2025Land & building ¥8.0M240 m²1990—
Oaza ManganjiQ2 2025Land & building ¥12.0M185 m²2002—
Oaza AkababaQ2 2025Farmland ¥300K2,700 m²——
Oaza AkababaQ2 2025Land & building ¥2.0M250 m²——
Oaza NakabaruQ1 2025Farmland ¥500K2,200 m²——
Oaza AkababaQ1 2025Land & building ¥4.0M670 m²1974—
Oaza AkababaQ4 2024Land ¥500K250 m²—¥2,000/m²

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

Market activity
8
1-year growth
47
5-year growth
46
10-year growth
47
Price level
20

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 Minamioguni Town?

The average price of residential land in Minamioguni Town is ¥9,633 per m² (about ¥31,845 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Minamioguni Town going up?

Land prices in Minamioguni Town have fallen by -0.4% on average over the past year. Over five years the change is -2.8%.

What is the land price forecast for Minamioguni Town?

The Fudosan Zukan model projects residential land prices to change by -0.4% a year, reaching about ¥9,294 per m² in 10 years (range ¥7,621–¥10,967). Forecasts are projections, not guarantees.

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

About ¥16.9 billion: land ¥8.8 billion and buildings ¥8.1 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥14.8 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.