Usui Lake, Annaka, Gunma
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Tsumagoi Village, Agatsuma County Housing Market Report 2025

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median house price (land + building)
¥4.1M
Residential land per m² (sales)
¥2k/m²
+36.4% over 5 years
Transactions in 2025
103
#11 of 17 areas in Gunma by price per m²

What the data says

Price growth is speeding up

House values per m² have risen about 4.8% a year over the past five years, faster than the 0.1% a year of the five years before. Buyers waiting for a dip have so far been paying more each year, and that has not yet changed.

Outperforming Gunma

Per m², houses here are 45% below the Gunma average. The discount has shrunk from 63% ten years ago, so Tsumagoi Village, Agatsuma County is catching up with its surroundings.

What a typical purchase costs

Half of all house sales last year were between ¥1.9M and ¥9.0M. Listings outside that range are either unusual properties or worth a closer look.

A shrinking population

The population fell 7.5% between 2020 and 2025 (−3.7% for the wider area). More people moved out than in during 2025 (about 17 per 1,000 residents), which weakens long-term housing demand.

Lower earthquake risk

The government's seismic model gives a 2% chance of shaking of intensity 6-lower or stronger in the next 30 years (12% for the wider area). This is low by Japanese standards, although no part of Japan is free of earthquake risk.

Living in Tsumagoi Village, Agatsuma County: people, homes and risks

Population 2025
8,188
-7.5% since 2020
Gunma: -3.7%
Net moves in 2025
-139
-16.98 per 1,000 residents
Gunma: -0.81
Strong earthquake risk
2.1%
chance of shaking of intensity 6-lower or more within 30 years
Gunma: 11.6%
Official land price 2026
¥4k/m²
0.0% in a year · – in 5 years
Gunma: ¥32k/m²

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT). Earthquake probability is measured at the municipal center.

Example sales in Tsumagoi Village, Agatsuma County

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

House

Lower-priced2025 Q4

¥1.2M

¥27k/m²

  • Oaza Kambara
  • Omae
  • Land 330 m² · floor 45 m²
  • Built 1982 (43 yrs) · Wood
Typical2025 Q4

¥4.5M

¥64k/m²

  • Oaza Omae
  • Manza/Kazawaguchi
  • Land 460 m² · floor 70 m²
  • Built 1985 (40 yrs) · Wood
Higher-priced2025 Q4

¥11.0M

¥200k/m²

  • Oaza Ashiuda
  • Manza/Kazawaguchi
  • Land 660 m² · floor 55 m²
  • Built 1989 (36 yrs) · Wood
Median transaction price by year
¥0¥2.0M¥4.0M¥6.0M¥8.0M2007200920112013201520172019202120232025
Show data table
YearHouse
2007¥7.2M
2008¥5.6M
2009¥6.8M
2010¥5.9M
2011¥5.0M
2012¥4.7M
2013¥4.3M
2014¥4.0M
2015¥3.1M
2016¥3.5M
2017¥4.0M
2018¥4.5M
2019¥4.3M
2020¥3.5M
2021¥3.1M
2022¥3.8M
2023¥4.0M
2024¥5.3M
2025¥4.1M
2026 (partial)¥3.6M
Median price per m² by year
¥0¥50k¥100k2007200920112013201520172019202120232025
Show data table
YearHouseLand
2007¥91k/m²¥4k/m²
2008¥85k/m²¥3k/m²
2009¥70k/m²¥2k/m²
2010¥64k/m²¥2k/m²
2011¥73k/m²¥2k/m²
2012¥58k/m²¥2k/m²
2013¥61k/m²¥2k/m²
2014¥56k/m²¥1k/m²
2015¥40k/m²¥2k/m²
2016¥46k/m²¥2k/m²
2017¥59k/m²¥1k/m²
2018¥60k/m²¥2k/m²
2019¥49k/m²¥2k/m²
2020¥46k/m²¥1k/m²
2021¥50k/m²¥1k/m²
2022¥51k/m²¥1k/m²
2023¥58k/m²¥3k/m²
2024¥57k/m²¥1k/m²
2025¥64k/m²¥2k/m²
2026 (partial)¥48k/m²–
Price per m² by building age (2021–2025 sales)
¥0¥50k¥100k242730333639424548
Show data table
Building age (years)House
24¥93k/m²
30¥95k/m²
32¥67k/m²
33¥58k/m²
34¥64k/m²
35¥83k/m²
43¥23k/m²
46¥20k/m²
50¥38k/m²

Prices near train stations in Tsumagoi Village, Agatsuma County

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Manza/Kazawaguchi (万座・鹿沢口)––¥4.5M8184
Omae (大前)––¥3.1M–24

How much does a house cost in Tsumagoi Village, Agatsuma County?

The median house sale, including the land, was ¥4.1M in 2025 across 66 sales.

Are property prices in Tsumagoi Village, Agatsuma County going up?

Over the five years to 2025, residential land prices changed +36.4%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.