Taragi Town: property prices and land values

多良木町

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

Avg. residential land price
¥5,733/m²
≈ $3/sq ft · 3 sites
#1640 of 1795 municipalities in Japan
Avg. commercial land price
¥14K/m²
≈ $8/sq ft · 1 sites
1-year change
−0.7%
Residential −0.7% · commercial −0.7%
5 years / 10 years
−4.2% / −10.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.2M
≈ $14K · 3 sales
Real Estate Zukan Index
26/100
#1385 in Japan
Total real estate value Estimate
¥27.5 billion
≈ $174.60M · land ¥15.3 billion + buildings ¥12.2 billion
#1360 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/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.6% a year
¥5,733/m²¥5,699/m²¥5,632/m²¥5,566/m²¥5,403/m²

Forecasts are projections, not guarantees. 10-year range: ¥4,430/m²–¥6,376/m²

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

Total value (market estimate)
¥27.5 billion
≈ $174.60M · 0.00% of Japan
Land (market estimate)
¥15.3 billion
residential land ¥13.2 billion
Buildings (assessed)
¥12.2 billion
9,839 buildings · 1.0 km² floor area
Assessed value (fixed-asset tax)
¥23.5 billion
land ¥11.3 billion · buildings ¥12.2 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥9.2 billion¥13.2 billion2.8 km²¥4,707/m²
Other land
farmland, forest, other
¥2.0 billion¥2.0 billion32.6 km²—
Buildings
wooden ¥8.8 billion · non-wooden ¥3.4 billion
¥12.2 billion¥12.2 billion1.0 km² floor—
Total¥23.5 billion¥27.5 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.

Taragi Town compared with larger areas

AreaAvg. residential≈ USD/sq ftTaragi Town is1 year5 yearsCondos per m²Index
Taragi Town ¥5,733/m²$3/sq ft −0.7%−4.2% —26
Kumamoto ¥43K/m²$25/sq ft 0.13x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$71/sq ft 0.05x+2.1%+8.0% ¥493K/m²—

Neighborhoods 4 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Taragi
多良木
¥7,550/m² ¥14K/m² −0.3% −3.3% — 12
Oaza Kume
久米
¥4,900/m² — −1.0% −4.9% — 7
Oaza Kurohiji
黒肥地
¥4,750/m² — −1.0% −5.9% — 7
Oaza Tsukigi
槻木
— — — — — 2

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 球磨郡多良木町大字多良木字下新地555番2
Prefectural Survey 2026
Commercial¥14K/m²$8/sq ft −0.7%小売店舗、営業所等が多い国道沿いの商業地域
熊本県 球磨郡多良木町大字多良木字新村1011番1
Prefectural Survey 2026
Residential¥7,550/m²$4/sq ft ±0.0%一般住宅の中に農地、空地等が見られる住宅地域
熊本県 球磨郡多良木町大字久米字伏間田2882番2
Prefectural Survey 2026
Residential¥4,900/m²$3/sq ft −1.0%一般住宅、農家住宅に農地等も見られる住宅地域
熊本県 球磨郡多良木町大字黒肥地字小林1539番2外
Prefectural Survey 2026
Residential¥4,750/m²$3/sq ft −1.0%一般住宅のほかに農地等も見られる住宅地域
熊本県 球磨郡多良木町大字多良木字松尾8772番46
Prefectural Survey 2026
Industrial¥3,000/m²$2/sq ft ±0.0%中小規模工場が建ち並ぶ工業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 28 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.2M
Land per m² (median)
¥6,400/m²

Sales in the loaded period: Farmland 29 · Forest 15 · Land 9 · Land & building 8

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza KurohijiQ2 2026Forest ¥260K8,888 m²——
Oaza TaragiQ2 2026Forest ¥150K8,888 m²——
Oaza KurohijiQ1 2026Farmland ¥500K1,700 m²——
Oaza KurohijiQ1 2026Farmland ¥150K300 m²——
Oaza KurohijiQ1 2026Farmland ¥90K900 m²——
Oaza TaragiQ1 2026Forest ¥950K8,888 m²——
Oaza TaragiQ1 2026Forest ¥100K8,888 m²——
Oaza TaragiQ1 2026Farmland ¥120K210 m²——
Oaza KurohijiQ4 2025Farmland ¥150K3,400 m²——
Oaza KurohijiQ4 2025Farmland ¥15K430 m²——
Oaza TaragiQ4 2025Land & building ¥6.5M1,100 m²1963—
Oaza TaragiQ4 2025Land & building ¥2.2M600 m²1994—
Oaza KumeQ4 2025Farmland ¥400K790 m²——
Oaza KumeQ4 2025Farmland ¥10K640 m²——
Oaza TaragiQ3 2025Land ¥4.2M610 m²—¥6,900/m²
Oaza KumeQ3 2025Farmland ¥1.0M8,888 m²——
Oaza KumeQ3 2025Land ¥9.2M9,999 m²—¥4,000/m²
Oaza TaragiQ2 2025Land & building ¥1.0M290 m²1955—
Oaza TsukigiQ2 2025Forest ¥3.5M8,888 m²——
Oaza TsukigiQ2 2025Forest ¥2.3M8,888 m²——

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

Market activity
14
1-year growth
38
5-year growth
38
10-year growth
40
Price level
9

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 Taragi Town?

The average price of residential land in Taragi Town is ¥5,733 per m² (about ¥18,952 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Taragi Town going up?

Land prices in Taragi Town have fallen by -0.7% on average over the past year. Over five years the change is -4.2%.

What is the land price forecast for Taragi Town?

The Fudosan Zukan model projects residential land prices to change by -0.6% a year, reaching about ¥5,403 per m² in 10 years (range ¥4,430–¥6,376). Forecasts are projections, not guarantees.

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

About ¥27.5 billion: land ¥15.3 billion and buildings ¥12.2 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥23.5 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.