Reihoku Town: property prices and land values

苓北町

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
#1305 of 1795 municipalities in Japan
Avg. commercial land price
¥17K/m²
≈ $10/sq ft · 1 sites
1-year change
−1.1%
Residential −1.1% · commercial −1.2%
5 years / 10 years
−5.2% / −8.5%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥6.5M
≈ $41K · 3 sales
Real Estate Zukan Index
27/100
#1362 in Japan
Total real estate value Estimate
¥38.2 billion
≈ $241.83M · land ¥16.4 billion + buildings ¥21.8 billion
#1272 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/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.7% a year
¥12K/m²¥12K/m²¥12K/m²¥12K/m²¥11K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,214/m²–¥13K/m²

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

Total value (market estimate)
¥38.2 billion
≈ $241.83M · 0.00% of Japan
Land (market estimate)
¥16.4 billion
residential land ¥14.6 billion
Buildings (assessed)
¥21.8 billion
8,133 buildings · 77.7 ha floor area
Assessed value (fixed-asset tax)
¥33.8 billion
land ¥12.0 billion · buildings ¥21.8 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥10.2 billion¥14.6 billion2.2 km²¥6,762/m²
Other land
farmland, forest, other
¥1.7 billion¥1.7 billion41.6 km²—
Buildings
wooden ¥6.7 billion · non-wooden ¥15.1 billion
¥21.8 billion¥21.8 billion77.7 ha floor—
Total¥33.8 billion¥38.2 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.

Reihoku Town compared with larger areas

AreaAvg. residential≈ USD/sq ftReihoku Town is1 year5 yearsCondos per m²Index
Reihoku Town ¥12K/m²$7/sq ft −1.1%−5.2% —27
Kumamoto ¥43K/m²$25/sq ft 0.28x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$70/sq ft 0.10x+2.1%+8.0% ¥493K/m²—

Neighborhoods 6 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Tomioka
富岡
¥14K/m² — −1.4% −6.1% — 2
Shiki
志岐
¥13K/m² ¥17K/m² −1.0% −4.9% — 8
Tororo
都呂々
¥9,250/m² — −1.1% −4.6% — 2
Sakasegawa
坂瀬川
— — — — — 3
Kotsufukae
上津深江
— — — — — 1
Shirakio
白木尾
— — — — — —

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 天草郡苓北町志岐字町頭184番10
Prefectural Survey 2026
Commercial¥17K/m²$10/sq ft −1.2%小売店舗、スーパー等が建ち並ぶ既成商業地域
熊本県 天草郡苓北町富岡字首塚3600番7
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft −1.4%一般住宅の中に店舗併用住宅が見られる既成住宅地域
熊本県 天草郡苓北町志岐字中山1501番9外
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft −0.8%中規模の一般住宅が多い区画整然とした住宅地域
熊本県 天草郡苓北町都呂々字沖ノ田34番2
Prefectural Survey 2026
Residential¥9,250/m²$5/sq ft −1.1%一般住宅のほか店舗併用住宅等が混在する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 16 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥6.5M
Land per m² (median)
¥7,050/m²

Sales in the loaded period: Farmland 10 · Forest 7 · Land & building 5 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
ShikiQ1 2026Forest ¥260K145 m²——
ShikiQ1 2026Forest ¥370K155 m²——
ShikiQ1 2026Land ¥2.3M280 m²—¥8,200/m²
ShikiQ4 2025Forest ¥150K350 m²——
TomiokaQ3 2025Land ¥500K85 m²—¥5,900/m²
SakasegawaQ3 2025Forest ¥210K860 m²——
SakasegawaQ3 2025Farmland ¥200K180 m²——
ShikiQ2 2025Land & building ¥6.5M400 m²1983—
ShikiQ2 2025Land ¥3.5M1,700 m²—¥2,100/m²
ShikiQ2 2025Farmland ¥300K490 m²——
TomiokaQ2 2025Land & building ¥400.0M9,999 m²2014—
KotsufukaeQ1 2025Land & building ¥2.5M280 m²——
TororoQ1 2025Forest ¥41K160 m²——
TororoQ1 2025Forest ¥80K400 m²——
ShikiQ1 2025Land ¥5.0M360 m²—¥14K/m²
SakasegawaQ1 2025Forest ¥39K155 m²——
ShikiQ3 2024Land & building ¥3.5M320 m²1969—
TomiokaQ3 2024Land ¥3,000195 m²—¥10/m²
SakasegawaQ3 2024Farmland ¥150K130 m²——
SakasegawaQ3 2024Farmland ¥100K1,900 m²——

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

Market activity
6
1-year growth
26
5-year growth
32
10-year growth
44
Price level
27

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 Reihoku Town?

The average price of residential land in Reihoku Town is ¥12,083 per m² (about ¥39,944 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Reihoku Town going up?

Land prices in Reihoku Town have fallen by -1.1% on average over the past year. Over five years the change is -5.2%.

What is the land price forecast for Reihoku Town?

The Fudosan Zukan model projects residential land prices to change by -0.7% a year, reaching about ¥11,236 per m² in 10 years (range ¥9,214–¥13,258). Forecasts are projections, not guarantees.

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

About ¥38.2 billion: land ¥16.4 billion and buildings ¥21.8 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥33.8 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.