Key points
- We do not list properties. This page collects the official numbers behind “Hakone property for sale”: land price points, lodging statistics and the taxes a non-resident owner pays. Listings are with licensed brokers; a vetted introduction is at the bottom.
- Land prices. Hakone has 13 official land price points for 2026. The prefectural survey (1 July 2026) puts the median residential point at ¥28,400/㎡ (6 points, mean 1-year change +5.2%), and the commercial median at ¥116,000/㎡ (3 points, +9.3%). These are appraised bare-land values, not sale prices.
- Lodging demand. Kanagawa ryokan ran at 51.1% room occupancy over Jul 2025 – Jun 2026 (-0.2 pt versus 2019); the municipal table has Hakone itself at 69.5% across all types, with foreign guests 29% of reported guest-nights.
- Ownership costs. A holiday home gets no residential-land reduction on fixed asset tax. See property tax for foreign owners.
- No sale-price series yet. We have not loaded the MLIT transaction file for 箱根町, so this page has no median sale prices; we will add them when the file is in. We do not invent prices.
Hakone is a municipality of about 11,000 residents in the Fuji-Hakone-Izu National Park, about 85 minutes from Shinjuku by Odakyu Romancecar to Hakone-Yumoto. Most of the town is national park and building is controlled under the Natural Parks Act, so the published land price points below are few: check the zoning and the park permissions for any lot before pricing it.
Official land prices in Hakone, 2026: every point
Japan publishes two appraised land price series: the national Official Land Price (公示地価, 1 January 2026, published 18 March 2026) and the Prefectural Land Price Survey (基準地価, 1 July 2026, published 15 September 2026). Both value a standard lot as bare land per square metre. They are not transaction prices, and a condominium's price includes the building, so use them for direction and relative level between districts, not as a price list. All 13 points in 箱根町 are below; the two surveys are six months apart, so we do not average them together.
| Survey | Use | Points | Median ¥/㎡ | Range | 1-year, mean | 5-year, median |
|---|---|---|---|---|---|---|
| Official land price (1 Jan 2026) | Residential | 2 | ¥27,400 | ¥20,400 – ¥34,400 | +2.0% | +3.8% (n=2) |
| Official land price (1 Jan 2026) | Commercial | 2 | ¥345,000 | ¥148,000 – ¥542,000 | +5.7% | — |
| Prefectural survey (1 Jul 2026) | Residential | 6 | ¥28,400 | ¥16,800 – ¥68,400 | +5.2% | +15.2% (n=6) |
| Prefectural survey (1 Jul 2026) | Commercial | 3 | ¥116,000 | ¥115,000 – ¥584,000 | +9.3% | +35.4% (n=2) |
Five-year change is shown only for points with a full six-year series; “—” means the point is new or was re-selected.
| Survey | Point | Location | Use | ¥/㎡ (2026) | 1-year | 5-year | Nearest station |
|---|---|---|---|---|---|---|---|
| Official (Jan 2026) | 箱根-2 | 宮城野字上河原879番5 | Residential | ¥34,400 | +0.0% | -4.4% | Gora 2.1 km |
| Official (Jan 2026) | 箱根-1 | 宮城野字井戸久保1488番24 | Residential | ¥20,400 | +4.1% | +12.1% | Gora 3.1 km |
| Official (Jan 2026) | 箱根5-2 | 湯本字白石下706番12外 | Commercial | ¥542,000 | — | — | Hakone-Yumoto 0.1 km |
| Official (Jan 2026) | 箱根5-1 | 元箱根字御殿6番8外 | Commercial | ¥148,000 | +5.7% | — | Kowakidani 8.0 km |
| Prefectural (Jul 2026) | 箱根-3 | 湯本字山崎下102番6 | Residential | ¥68,400 | +0.9% | -2.6% | Iryuda 0.8 km |
| Prefectural (Jul 2026) | 箱根-5 | 強羅字向山1320番820 | Residential | ¥67,500 | +5.8% | +19.9% | Gora 0.5 km |
| Prefectural (Jul 2026) | 箱根-6 | 仙石原字中筋212番2 | Residential | ¥33,000 | +3.1% | +2.5% | Gora 6.5 km |
| Prefectural (Jul 2026) | 箱根-2 | 仙石原字六郎兵衛1246番718 | Residential | ¥23,800 | +10.2% | +24.6% | Gora 7.5 km |
| Prefectural (Jul 2026) | 箱根-1 | 二ノ平字南長尾1297番199 | Residential | ¥23,300 | +8.4% | +20.7% | Gora 1.8 km |
| Prefectural (Jul 2026) | 箱根-4 | 元箱根字大芝90番104 | Residential | ¥16,800 | +3.1% | +10.5% | Kowakidani 7.9 km |
| Prefectural (Jul 2026) | 箱根5-1 | 湯本字白石下706番12外 | Commercial | ¥584,000 | +15.0% | +58.3% | Hakone-Yumoto 0.1 km |
| Prefectural (Jul 2026) | 箱根5-3 | 湯本字仲町455番2 | Commercial | ¥116,000 | +5.5% | +12.6% | Hakone-Yumoto 0.7 km |
| Prefectural (Jul 2026) | 箱根5-2 | 宮ノ下字上ノ山379番外 | Commercial | ¥115,000 | +7.5% | — | Miyanoshita 0.3 km |
Context: the 2026 prefectural survey rose +1.0% for residential land nationally and +2.9% for commercial land; Tokyo-area commercial land rose +8.9% (MLIT). Our land price pages cover Tokyo, Osaka, Kyoto, Fukuoka and the ski resorts with the same data.
Lodging demand: Kanagawa and Hakone in the official survey
The Japan Tourism Agency's Overnight Travel Statistics Survey gives monthly room occupancy by prefecture and type, and since 2024 a table for about 180 municipalities including Hakone. Twelve months to Jun 2026:
| Kanagawa prefecture | Value |
|---|---|
| Ryokan room occupancy, 12-month average | 51.1% (-0.2 pt vs 2019) |
| Resort hotel room occupancy | 67.2% |
| All types | 66.5% |
| Foreign guest-nights, 12 months | 5.04 million (+55% vs 2019, +0% year on year) |
| Foreign share of all guest-nights | 19% |
| Largest foreign origins (larger establishments) | United States 18%, China 18%, Taiwan 8% |
Hakone itself (箱根町, establishments that responded, Jul 2025 – Jun 2026): average room occupancy 69.5%, 1,964,172 reported guest-nights of which 571,495 (29%) foreign. Month by month:
| Month | Room occupancy |
|---|---|
| Jul 2025 | 59.2% |
| Aug 2025 | 71.9% |
| Sep 2025 | 66.4% |
| Oct 2025 | 78.3% |
| Nov 2025 | 80.5% |
| Dec 2025 | 71.2% |
| Jan 2026 | 58.4% |
| Feb 2026 | 66.0% |
| Mar 2026 | 75.7% |
| Apr 2026 | 72.5% |
| May 2026 | 71.3% |
| Jun 2026 | 62.0% |
Monthly detail for every prefecture: Kanagawa occupancy; the national picture and other onsen towns: onsen hotels for sale in Japan.
What a non-resident owner pays each year
Fixed asset tax is 1.4% of the assessed value of land and building, plus city planning tax of up to 0.3% in urbanised areas. The residential-land reduction (one-sixth of the land assessment for the first 200 ㎡) applies to land under a dwelling, and a house used only for holidays (別荘) does not qualify, so a holiday home's land is taxed on the full assessment. Details and a worked example are in Japan property tax for foreigners; buying costs (brokerage, acquisition tax, registration) are in cost of buying.
A non-resident needs a tax agent (納税管理人) in Japan to receive the bills, and files a Ministry of Finance report after buying: buying property in Japan as a foreigner.
Ryokan, hotels and short-term rental
Hakone is Japan's best-known onsen destination for Tokyo residents, and many properties on the market are small ryokan or guesthouses rather than homes. Running a property as lodging needs either a hotel licence (旅館業法; transferable with prior prefectural approval since 13 December 2023) or a minpaku registration (180 nights a year, with local restrictions). The licence rules, the Hot Spring Act position on onsen rights and the occupancy benchmarks are in onsen hotels for sale in Japan and buying a ryokan in Japan; city-level minpaku rules are in minpaku rules by city. Confirm the zoning of a specific building with the prefecture and the city before assuming rental income.
FAQ
Can a foreigner buy property in Hakone?
Yes. There is no nationality or residence condition on owning land or buildings in Japan. A non-resident files a Ministry of Finance report after the purchase and appoints a tax agent for the annual tax bills. See is Japan banning foreign buyers?
What is land worth in Hakone in 2026?
The prefectural survey of 1 July 2026 puts the median residential point in 箱根町 at ¥28,400/㎡ (range ¥16,800 – ¥68,400, 6 points) and the median commercial point at ¥116,000/㎡. These are appraised bare-land values, not sale prices, and only 13 points cover the whole municipality.
Is Hakone busy with tourists year-round?
In the municipal table of the Japan Tourism Agency survey, Hakone's responding establishments averaged 69.5% room occupancy over Jul 2025 – Jun 2026, with foreign guests 29% of guest-nights. Kanagawa's ryokan averaged 51.1% over the same window, among the highest prefectures in Japan.
Buying in Japan and want it checked properly?
We introduce licensed Japanese brokers who work with overseas buyers and explain zone rules and filings. We are not a real estate broker or a law firm. We don't describe, recommend or negotiate properties, and we don't charge buyers. Brokers may pay us a referral fee.
Sources
- MLIT National Land Numerical Information, Official Land Price data (L01, 1 January 2026) and Prefectural Land Price Survey data (L02, 1 July 2026), CC BY 4.0, processed by Japan House Prices: L01, L02; 2026 survey press release: mlit.go.jp
- Japan Tourism Agency, Overnight Travel Statistics Survey (宿泊旅行統計調査), prefecture and municipal tables to Jun 2026 (latest months are second preliminary figures): mlit.go.jp/kankocho; our processed series: Kanagawa
- Fixed asset tax and the residential-land special measure: see the sources on Japan property tax for foreigners
- Hotel Business Act Article 3-2 and Hot Spring Act: see onsen hotels for sale in Japan
Last reviewed: 7 October 2026. Land prices are the 2026 MLIT point data; lodging statistics are the Japan Tourism Agency survey to Jun 2026 (latest months preliminary). Tax figures were read from the official pages on that date.
Disclaimer. General information, not legal or tax advice. Japan House Prices is not a real estate broker (宅地建物取引業者), a law firm or a tax adviser. We may receive a referral fee from the broker; you pay nothing to us.