By lot size
| Category | Samples (5 years) | Median / m² |
|---|---|---|
| 50–100 m² | 10 | JPY 89,238 / m²JPY 89.238K / m² |
| 100–165 m² | 23 | JPY 30,250 / m²JPY 30.25K / m² |
| 165–300 m² | 65 | JPY 33,275 / m²JPY 33.275K / m² |
| 300 m² or more | 914 | JPY 23,293 / m²JPY 23.293K / m² |
MLIT PUBLIC TRANSACTION DATA
Karuizawa land prices and five-year trend
Start with the city-wide transaction market, then compare named neighborhoods and 1.5 km station areas.
Karuizawa land prices (2025)
Median transaction price / m²
JPY 36,300 / m²JPY 36.3K / m²
161 published samples
Five-year median (2021–2025)JPY 23,898 / m²JPY 23.898K / m²
Year-on-year+9.1%2024 JPY 33,275 / m²2024 JPY 33.275K / m²Five-year change+87.5%2021 JPY 19,360 / m²2021 JPY 19.36K / m²
Estimated 100 m² plot
JPY 3.63M
The median and 100 m² estimate use all 161 published 2025 transactions in the city. YoY and five-year change compare each year's median price per m²; they are not appreciation rates for the same property.
Karuizawa and nearby city land prices
Land-price comparison with covered nearby cities
Latest median transaction price per m². Select a marker to open that city.
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Only the 57 currently covered cities are shown. Markers use the average of covered neighborhood representative points, not administrative office locations.
Karuizawa land-price trend (2021–2025)
Five-year median transaction price / m²
JPY 23,898 / m²JPY 23.898K / m²
2021–2025 · 1,012 published transactions
Annual medians can change with the mix of location, lot size and zoning in each year.
Official land-price reference
2025 transaction medianJPY 36,300 / m²JPY 36.3K / m²
2025 official medianJPY 37,700 / m²JPY 37.7K / m²
Numerical difference−JPY 1,400 / m²−JPY 1.4K / m²（−3.7%）
The official median uses 5 observation points. This is a numerical difference, not a discount or premium judgment, because official and transaction prices differ in timing, site selection and valuation method.
Browse by station area
Latest published transactions · 1.5 km station areas
Initially ranked by median transaction price per m².
3 of 3 stations
Karuizawa Station
Compare 3 neighborhoods →Median price / m²
JPY 160,325 / m²
19 published transactions
Naka-Karuizawa Station
Compare 1 neighborhoods →Median price / m²
JPY 84,246 / m²
2 published transactions
Shinano-Oiwake Station
Compare 1 neighborhoods →Median price / m²
JPY 37,813 / m²
22 published transactions
Neighborhood representative points are within 1.5 km straight-line distance; figures aggregate the full named neighborhoods.
Browse by neighborhood
The first 100 neighborhoods are shown initially. Search covers every published neighborhood.
7 of 7 neighborhoods shown
| Neighborhood | Median / m² | Change in available period | 100 m² estimate | Latest year and sales |
|---|---|---|---|---|
| 1 Karuizawahigashi軽井沢町 | JPY 332,750 / m²JPY 332.75K / m²2023–2025 · 9 sales | +233.3%Indicative2022 1 sales → 2025 2 sales | JPY 33.28M | 2 sales2025Latest |
| 2 Ooazakaruizawa軽井沢町 | JPY 157,300 / m²JPY 157.3K / m²2025 · 17 sales | +181.1%2021 40 sales → 2025 17 sales | JPY 15.73M | 17 sales2025Latest |
| 3 Nakakaruizawa軽井沢町 | JPY 87,725 / m²JPY 87.725K / m²2021–2023 · 4 sales | -4.0%Indicative2022 2 sales → 2023 2 sales | JPY 8.77M | 2 sales20232y old |
| 4 Nagakura軽井沢町 | JPY 42,350 / m²JPY 42.35K / m²2025 · 78 sales | +102.9%2021 155 sales → 2025 78 sales | JPY 4.24M | 78 sales2025Latest |
| 5 Oiwake軽井沢町 | JPY 37,813 / m²JPY 37.813K / m²2025 · 22 sales | +135.8%2021 44 sales → 2025 22 sales | JPY 3.78M | 22 sales2025Latest |
| 6 Hotchi軽井沢町 | JPY 8,016 / m²JPY 8.016K / m²2025 · 38 sales | -27.4%2021 44 sales → 2025 38 sales | JPY 801,625JPY 801.625K | 38 sales2025Latest |
| 7 Mozawa軽井沢町 | JPY 221 / m²2025 · 4 sales | -93.7%2021 6 sales → 2025 4 sales | JPY 22,083JPY 22.083K | 4 sales2025Latest |
1Karuizawahigashi軽井沢町 · 2025JPY 332,750 / m²2 sales›2Ooazakaruizawa軽井沢町 · 2025JPY 157,300 / m²17 sales›3Nakakaruizawa軽井沢町 · 2023JPY 87,725 / m²2 sales›4Nagakura軽井沢町 · 2025JPY 42,350 / m²78 sales›5Oiwake軽井沢町 · 2025JPY 37,813 / m²22 sales›6Hotchi軽井沢町 · 2025JPY 8,016 / m²38 sales›7Mozawa軽井沢町 · 2025JPY 221 / m²4 sales›
Each row shows the actual aggregation period and the sample counts at both ends of the change comparison. A change is marked indicative when either endpoint has fewer than three transactions.
Land prices by lot size and zoning (2021–2025)
By zoning
| Category | Samples (5 years) | Median / m² |
|---|---|---|
| Neighborhood commercial zone | 20 | JPY 124,025 / m²JPY 124.025K / m² |
| Category I exclusively low-rise residential zone | 388 | JPY 20,873 / m²JPY 20.873K / m² |
| Non-line-delineated city-planning area | 377 | JPY 19,663 / m²JPY 19.663K / m² |
| Category I residential zone | 226 | JPY 36,300 / m²JPY 36.3K / m² |
| Outside a city-planning area | 1 | JPY 7,260 / m²JPY 7.26K / m² |
Breakdowns use all 1012 transactions published over five years. Zoning is the value recorded for each transaction.
Published land transaction examples (2025)
| Date | Neighborhood | Area | Price | Price / m² | Zoning |
|---|---|---|---|---|---|
| 2025-10 | 大字軽井沢 | 600.0 m² | JPY 160M | JPY 257,125 / m²JPY 257.125K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字追分 | 9999.0 m² | JPY 160M | JPY 51,425 / m²JPY 51.425K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字軽井沢 | 1100.0 m² | JPY 120M | JPY 114,950 / m²JPY 114.95K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 1600.0 m² | JPY 120M | JPY 69,575 / m²JPY 69.575K / m² | Category I residential zone |
| 2025-10 | 大字長倉 | 9999.0 m² | JPY 100M | JPY 9,680 / m²JPY 9.68K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字追分 | 1000.0 m² | JPY 63M | JPY 63,525 / m²JPY 63.525K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字長倉 | 450.0 m² | JPY 57M | JPY 127,050 / m²JPY 127.05K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字長倉 | 940.0 m² | JPY 57M | JPY 60,500 / m²JPY 60.5K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 1600.0 m² | JPY 52M | JPY 33,275 / m²JPY 33.275K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 990.0 m² | JPY 49M | JPY 48,400 / m²JPY 48.4K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 990.0 m² | JPY 47M | JPY 48,400 / m²JPY 48.4K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字軽井沢 | 250.0 m² | JPY 43M | JPY 172,425 / m²JPY 172.425K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 1300.0 m² | JPY 40M | JPY 30,250 / m²JPY 30.25K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 990.0 m² | JPY 39M | JPY 39,325 / m²JPY 39.325K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字発地 | 9999.0 m² | JPY 38M | JPY 2,390 / m²JPY 2.39K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字長倉 | 330.0 m² | JPY 36M | JPY 108,900 / m²JPY 108.9K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 670.0 m² | JPY 33M | JPY 48,400 / m²JPY 48.4K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字長倉 | 300.0 m² | JPY 28M | JPY 93,775 / m²JPY 93.775K / m² | Non-line-delineated city-planning area |
| 2025-10 | 大字長倉 | 1100.0 m² | JPY 25M | JPY 23,595 / m²JPY 23.595K / m² | Category I exclusively low-rise residential zone |
| 2025-10 | 大字長倉 | 590.0 m² | JPY 24M | JPY 42,350 / m²JPY 42.35K / m² | Category I exclusively low-rise residential zone |
Showing up to 20 of 161 records, newest first.