Mizukami Village: property prices and land values

水上村

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

Avg. residential land price
¥4,150/m²
≈ $2/sq ft · 2 sites
Avg. commercial land price
No data
1-year change
−1.2%
Residential −1.2% · commercial —
5 years / 10 years
−4.4% / −8.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
¥5.0 billion
≈ $31.69M · land ¥2.6 billion + buildings ¥2.4 billion
#1642 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

¥3,000/m²¥4,000/m²¥5,000/m²¥6,000/m²¥7,000/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.7% a year
¥4,150/m²¥4,121/m²¥4,065/m²¥4,009/m²¥3,873/m²

Forecasts are projections, not guarantees. 10-year range: ¥3,176/m²–¥4,570/m²

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

Total value (market estimate)
¥5.0 billion
≈ $31.69M
Land (market estimate)
¥2.6 billion
residential land ¥2.0 billion
Buildings (assessed)
¥2.4 billion
2,240 buildings · 20.2 ha floor area
Assessed value (fixed-asset tax)
¥4.4 billion
land ¥2.0 billion · buildings ¥2.4 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥1.4 billion¥2.0 billion71.2 ha¥2,762/m²
Other land
farmland, forest, other
¥601.5M¥601.5M50.1 km²—
Buildings
wooden ¥1.9 billion · non-wooden ¥475.5M
¥2.4 billion¥2.4 billion20.2 ha floor—
Total¥4.4 billion¥5.0 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.

Mizukami Village compared with larger areas

AreaAvg. residential≈ USD/sq ftMizukami Village is1 year5 yearsCondos per m²Index
Mizukami Village ¥4,150/m²$2/sq ft −1.2%−4.4% ——
Kumamoto ¥43K/m²$25/sq ft 0.10x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$71/sq ft 0.03x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Iwano
岩野
¥4,700/m² — −1.1% −6.0% — 6
Oaza Yuyama
湯山
¥3,600/m² — −1.4% −2.7% — 4
Oaza Eshiro
江代
— — — — — 2

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 球磨郡水上村大字岩野字上楠2520番2
Prefectural Survey 2026
Residential¥4,700/m²$3/sq ft −1.1%農家住宅、一般住宅等の混在する住宅地域
熊本県 球磨郡水上村大字湯山字下覚井395番2
Prefectural Survey 2026
Residential¥3,600/m²$2/sq ft −1.4%一般住宅、農家住宅の中に農地も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 12 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Farmland 20 · Forest 18 · Land & building 4 · Land 2

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza EshiroQ2 2026Forest ¥7.0M8,888 m²——
Oaza IwanoQ2 2026Farmland ¥550K1,800 m²——
Oaza IwanoQ1 2026Farmland ¥100K710 m²——
Oaza YuyamaQ4 2025Land & building ¥3.0M800 m²——
Oaza IwanoQ4 2025Forest ¥110K8,888 m²——
Oaza IwanoQ4 2025Forest ¥100K8,888 m²——
Oaza IwanoQ3 2025Forest ¥48.0M8,888 m²——
Oaza YuyamaQ2 2025Farmland ¥70K670 m²——
Oaza IwanoQ2 2025Land & building ¥2.7M1,100 m²2005—
Oaza YuyamaQ1 2025Farmland ¥2.8M1,800 m²——
Oaza YuyamaQ1 2025Farmland ¥3.4M2,000 m²——
Oaza EshiroQ1 2025Forest ¥160K1,600 m²——
Oaza YuyamaQ4 2024Farmland ¥400K760 m²——
Oaza YuyamaQ4 2024Farmland ¥1.0M2,500 m²——
Oaza YuyamaQ4 2024Farmland ¥8.0M4,700 m²——
Oaza YuyamaQ4 2024Farmland ¥920K540 m²——
Oaza YuyamaQ4 2024Farmland ¥5.1M3,000 m²——
Oaza YuyamaQ4 2024Land ¥700K240 m²—¥2,900/m²
Oaza YuyamaQ4 2024Land & building ¥13.0M9,999 m²1987—
Oaza YuyamaQ4 2024Land & building ¥3.1M1,100 m²1987—

Nearby areas

FAQ

What is the average land price in Mizukami Village?

The average price of residential land in Mizukami Village is ¥4,150 per m² (about ¥13,719 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Mizukami Village going up?

Land prices in Mizukami Village have fallen by -1.2% on average over the past year. Over five years the change is -4.4%.

What is the land price forecast for Mizukami Village?

The Fudosan Zukan model projects residential land prices to change by -0.7% a year, reaching about ¥3,873 per m² in 10 years (range ¥3,176–¥4,570). Forecasts are projections, not guarantees.

What is the total value of real estate in Mizukami Village?

About ¥5.0 billion: land ¥2.6 billion and buildings ¥2.4 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥4.4 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.