Gunma: Where land prices are rising fastest in Japan

Municipalities ranked by the average year-on-year change of residential and commercial survey sites.

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

RankAreaRising fastestAvg. residential5 yearsIndex
1Kusatsu Town
Gunma
+4.4% ¥20K/m² +5.1% 52
2Takasaki City
Gunma
+1.0% ¥56K/m² +2.0% 74
3Ota City
Gunma
+0.9% ¥37K/m² +2.2% 64
4Oizumi Town
Gunma
+0.3% ¥30K/m² ±0.0% 59
5Yoshioka Town
Gunma
+0.3% ¥33K/m² +0.7% 57
6Maebashi City
Gunma
+0.2% ¥49K/m² −0.9% 64
7Tatebayashi City
Gunma
+0.2% ¥32K/m² −1.5% 60
8Isesaki City
Gunma
+0.1% ¥33K/m² −0.2% 58
9Tamamura Town
Gunma
±0.0% ¥34K/m² −0.3% 55
10Meiwa Town
Gunma
±0.0% ¥24K/m² −0.1% 50
11Midori City
Gunma
−0.2% ¥19K/m² −4.0% 44
12Oura Town
Gunma
−0.2% ¥24K/m² −3.2% 47
13Chiyoda Town
Gunma
−0.2% ¥18K/m² −4.0% 39
14Shibukawa City
Gunma
−0.5% ¥25K/m² −5.3% 44
15Tsumagoi Village
Gunma
−0.6% ¥8,833/m² −5.3% 29
16Numata City
Gunma
−0.6% ¥27K/m² −4.9% 44
17Kanra Town
Gunma
−0.7% ¥17K/m² −4.5% 34
18Shinto Village
Gunma
−0.7% ¥22K/m² −5.1% 36
19Higashiagatsuma Town
Gunma
−0.9% ¥14K/m² −6.2% 28
20Kiryu City
Gunma
−0.9% ¥24K/m² −7.2% 41
21Annaka City
Gunma
−1.0% ¥20K/m² −8.0% 34
22Fujioka City
Gunma
−1.0% ¥23K/m² −5.9% 39
23Itakura Town
Gunma
−1.1% ¥16K/m² −7.2% 27
24Tomioka City
Gunma
−1.3% ¥23K/m² −8.5% 34
25Naganohara Town
Gunma
−1.6% ¥7,050/m² −8.4% 17
26Katashina Village
Gunma
−1.6% ¥7,000/m² −8.8% 13
27Minakami Town
Gunma
−1.8% ¥15K/m² −10.7% 18
28Nakanojo Town
Gunma
−1.9% ¥18K/m² −12.5% 19
29Shimonita Town
Gunma
−2.5% ¥13K/m² −14.6% 13

29 areas · calculated Nov 3, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.

Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.