Shiki, Reihoku Town: property prices and land values

志岐(苓北町)

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

Avg. residential land price
¥13K/m²
≈ $8/sq ft · 1 sites
#2 of 3 neighborhoods
Avg. commercial land price
¥17K/m²
≈ $10/sq ft · 1 sites
1-year change
−1.0%
Residential −0.8% · commercial −1.2%
5 years / 10 years
−4.9% / −8.5%
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
Coming soon

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

¥10K/m²¥20K/m²¥30K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.7% a year
¥13K/m²¥13K/m²¥13K/m²¥13K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥10K/m²–¥14K/m²

Shiki, Reihoku Town compared with larger areas

AreaAvg. residential≈ USD/sq ftShiki, Reihoku Town is1 year5 yearsCondos per m²Index
Shiki, Reihoku Town ¥13K/m²$8/sq ft −1.0%−4.9% ——
Reihoku Town ¥12K/m²$7/sq ft 1.1x−1.1%−5.2% —27
Kumamoto ¥43K/m²$25/sq ft 0.30x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$70/sq ft 0.11x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 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

Transaction prices MLIT Real Estate Information Library · last 2 years · 8 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥8,200/m²

Sales in the loaded period: Farmland 3 · Forest 3 · Land 3 · Land & building 2

DistrictPeriodTypePriceAreaBuiltPer m²
ShikiQ1 2026Forest ¥260K145 m²——
ShikiQ1 2026Forest ¥370K155 m²——
ShikiQ1 2026Land ¥2.3M280 m²—¥8,200/m²
ShikiQ4 2025Forest ¥150K350 m²——
ShikiQ2 2025Land & building ¥6.5M400 m²1983—
ShikiQ2 2025Land ¥3.5M1,700 m²—¥2,100/m²
ShikiQ2 2025Farmland ¥300K490 m²——
ShikiQ1 2025Land ¥5.0M360 m²—¥14K/m²
ShikiQ3 2024Land & building ¥3.5M320 m²1969—
ShikiQ2 2024Farmland ¥600K220 m²——
ShikiQ4 2023Farmland ¥460K650 m²——

Nearby neighborhoods

FAQ

What is the average land price in Shiki, Reihoku Town?

The average price of residential land in Shiki, Reihoku Town is ¥13,100 per m² (about ¥43,306 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Shiki, Reihoku Town going up?

Land prices in Shiki, Reihoku Town have fallen by -1.0% on average over the past year. Over five years the change is -4.9%.

What is the land price forecast for Shiki, Reihoku Town?

The Fudosan Zukan model projects residential land prices to change by -0.7% a year, reaching about ¥12,235 per m² in 10 years (range ¥10,033–¥14,437). Forecasts are projections, not guarantees.

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 ¥158.29 = $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.