Narusawa Village: property prices and land values

鳴沢村

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

Avg. residential land price
¥10K/m²
≈ $6/sq ft · 3 sites
#1396 of 1795 municipalities in Japan
Avg. commercial land price
¥20K/m²
≈ $12/sq ft · 1 sites
1-year change
+0.9%
Residential +1.2% · commercial ±0.0%
5 years / 10 years
+3.3% / −3.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥10.5M
≈ $66K · 44 sales
Real Estate Zukan Index
50/100
#840 in Japan
Total real estate value Estimate
¥52.2 billion
≈ $330.38M · land ¥33.2 billion + buildings ¥19.0 billion
#1184 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
+0.5% a year
¥10K/m²¥10K/m²¥10K/m²¥10K/m²¥11K/m²

Forecasts are projections, not guarantees. 10-year range: ¥8,813/m²–¥13K/m²

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

Total value (market estimate)
¥52.2 billion
≈ $330.38M · 0.00% of Japan
Land (market estimate)
¥33.2 billion
residential land ¥30.5 billion
Buildings (assessed)
¥19.0 billion
5,310 buildings · 71.6 ha floor area
Assessed value (fixed-asset tax)
¥43.0 billion
land ¥24.0 billion · buildings ¥19.0 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥21.3 billion¥30.5 billion4.4 km²¥6,882/m²
Other land
farmland, forest, other
¥2.7 billion¥2.7 billion10.5 km²—
Buildings
wooden ¥9.9 billion · non-wooden ¥9.1 billion
¥19.0 billion¥19.0 billion71.6 ha floor—
Total¥43.0 billion¥52.2 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.

Narusawa Village compared with larger areas

AreaAvg. residential≈ USD/sq ftNarusawa Village is1 year5 yearsCondos per m²Index
Narusawa Village ¥10K/m²$6/sq ft +0.9%+3.3% —50
Yamanashi ¥27K/m²$16/sq ft 0.38x−0.3%−2.8% ¥187K/m²13
Japan ¥120K/m²$70/sq ft 0.09x+2.1%+8.0% ¥493K/m²—

Neighborhoods 5 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
山道
山道
¥13K/m² — ±0.0% −1.5% — —
富士山
富士山
¥12K/m² — +2.6% +14.6% — —
ジラゴンノ
ジラゴンノ
¥5,850/m² — +0.9% +4.5% — —
(No Address)
(大
— — — — — 94
境野
境野
— ¥20K/m² ±0.0% −3.4% — —

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
山梨県 南都留郡鳴沢村字境野2194番1外
Prefectural Survey 2026
Commercial¥20K/m²$12/sq ft ±0.0%中規模店舗・事業所を中心に一般住宅も見られる路線商業地域
山梨県 南都留郡鳴沢村字山道781番1
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft ±0.0%農家住宅等を中心とする古くからの住宅地域
山梨県 南都留郡鳴沢村字富士山11407番5
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft +2.6%中小規模の別荘が多い富士北麓の高原型の別荘地域
山梨県 南都留郡鳴沢村字ジラゴンノ10891番5
Prefectural Survey 2026
Residential¥5,850/m²$3/sq ft +0.9%中小規模の別荘が多い富士北麓の高原型の別荘地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 94 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥10.5M
Land per m² (median)
¥4,100/m²

Sales in the loaded period: Land 116 · Land & building 94 · Forest 1

DistrictPeriodTypePriceAreaBuiltPer m²
(No Address)Q2 2026Land & building ¥22.0M1,100 m²1991—
(No Address)Q2 2026Land & building ¥1.1M610 m²1973—
(No Address)Q2 2026Land ¥300K360 m²—¥820/m²
(No Address)Q2 2026Land ¥1.4M340 m²—¥4,200/m²
(No Address)Q2 2026Land & building ¥17.0M610 m²1990—
(No Address)Q1 2026Forest ¥100K330 m²——
(No Address)Q1 2026Land & building ¥30.0M400 m²2004—
(No Address)Q1 2026Land & building ¥5.0M220 m²1986—
(No Address)Q1 2026Land & building ¥6.5M330 m²1995—
(No Address)Q1 2026Land & building ¥5.0M520 m²1980—
(No Address)Q1 2026Land & building ¥77.0M1,100 m²2026—
(No Address)Q1 2026Land & building ¥11.0M165 m²1994—
(No Address)Q1 2026Land ¥4.0M430 m²—¥9,400/m²
(No Address)Q1 2026Land & building ¥24.0M680 m²2001—
(No Address)Q1 2026Land & building ¥6.0M750 m²1979—
(No Address)Q4 2025Land ¥5.5M520 m²—¥11K/m²
(No Address)Q4 2025Land & building ¥28.0M9,999 m²——
(No Address)Q4 2025Land & building ¥2.2M400 m²1974—
(No Address)Q4 2025Land & building ¥8.6M280 m²——
(No Address)Q4 2025Land ¥500K430 m²—¥1,200/m²

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

Market activity
38
1-year growth
70
5-year growth
69
10-year growth
60
Price level
22

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 Narusawa Village?

The average price of residential land in Narusawa Village is ¥10,250 per m² (about ¥33,884 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Narusawa Village going up?

Land prices in Narusawa Village have risen by +0.9% on average over the past year. Over five years the change is +3.3%.

What is the land price forecast for Narusawa Village?

The Fudosan Zukan model projects residential land prices to change by +0.5% a year, reaching about ¥10,748 per m² in 10 years (range ¥8,813–¥12,683). Forecasts are projections, not guarantees.

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

About ¥52.2 billion: land ¥33.2 billion and buildings ¥19.0 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥43.0 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.