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Price trends · Hokkaido

Rusutsu property prices: five-year ranges, 2016–2025

What property in Rusutsu Village (留寿都村), Hokkaido actually sold for, from Japan's official transaction-price data (MLIT Real Estate Information Library), as five-year ranges because sales are few, with official land prices and USD, AUD, HKD, SGD and TWD conversions.

Data through: 202513 sales 2021–2025 (buyer survey)FX: ECB 2026-09-25

What the data says

Rusutsu has one of Hokkaido's biggest ski resorts but almost no recorded property market. MLIT's buyer survey holds just 42 land and house sales in the whole village for 2015–2025, 1 to 7 a year, and 13 in 2021–2025 (6 plots of land and 7 houses). That is far too few for a yearly price trend, so this page shows five-year ranges instead: in 2021–2025 the median land sale was ¥1.7m (middle half ¥1.25m–¥4.2m) and the median house ¥5.5m (¥3.1m–¥9.5m). Izumikawa (泉川), where the resort itself sits, appears only 6 times in eleven years and not at all in 2023–2025, and there are no condominium sales, so resort condominiums and hotel-residence units are not represented. Official land values cover only the village centre: two Prefectural Land Price Survey (基準地価) residential points at ¥4,800 and ¥6,800/㎡, up 51–55% in five years from a very low base. There are no official points inside the resort. Treat every number here as a rough indication of village prices, not of ski-in/ski-out property. Brokers' closed prices (成約価格) contain no Rusutsu sales.

Median land plot, 2021–2025
¥1.70m
≈ US$10,787 · ¥4,679/㎡ · n=6
Median house, 2021–2025
¥5.50m
≈ US$34,901 · n=7
Sales recorded, 2021–2025
13
land and houses, buyer survey

Few sales, so no yearly trend. MLIT recorded 13 land and house sales here in 2021–2025 (by year from 2016: 2016: 5, 2017: 7, 2018: 1, 2019: 5, 2020: 7, 2021: 3, 2022: 1, 2023: 2, 2024: 2, 2025: 5). A median of a handful of sales jumps around with whatever happened to sell, so instead of a yearly chart we show five-year medians and the middle half of prices (25th to 75th percentile). Buyer survey (取引価格・アンケート) only.

Prices over five years: medians and ranges

Land-only plots and houses (building with land), buyer survey (取引価格・アンケート) only. ¥/㎡ is per ㎡ of land for both. The “middle half” is the range between the 25th and 75th percentile of sale prices, left out when there are fewer than 4 sales.

PeriodTypeSalesMedian priceMedian ¥/㎡ of land
2021–2025Land only6¥1.70m
≈ US$10,787
middle half ¥1.25m–¥4.17m
¥4,679
¥3,935–¥12,614
2021–2025House / building with land7¥5.50m
≈ US$34,901
middle half ¥3.10m–¥9.50m
¥10,695
¥6,234–¥15,641
2016–2020Land only16¥1.65m
≈ US$10,470
middle half ¥857,500–¥3.10m
¥3,718
¥2,075–¥6,987
2016–2020House / building with land9¥5.00m
≈ US$31,728
middle half ¥5.00m–¥11.0m
¥11,111
¥7,045–¥15,684

Official land prices here

Japan's two official land-price surveys value fixed sample points every year: the Official Land Price (公示地価, as of 1 January) and the Prefectural Land Price Survey (基準地価, as of 1 July). They are appraisals of the land alone, as if vacant, not sale prices, and land right on the slopes usually sells for more. The two surveys are six months apart and are not averaged together.

PointSurveyUse¥/㎡1 yr5 yr
Village centre
基準地価, 1 Jul 2026Residential¥6,800
US$43
+3.0%+51.1%
Village centre
基準地価, 1 Jul 2026Residential¥4,800
US$30
+4.3%+54.8%

Processed from MLIT National Land Numerical Information (Land Price Publication L01 / Prefectural Land Price Survey L02), CC BY 4.0: . Point selection, English place names and medians are ours. “—” = no five-year history. USD at ECB 2026-09-25. Land prices in other resort towns →

Compared with other ski areas

The same measures for each ski area, all from MLIT's buyer survey (取引価格・アンケート), so the rows are comparable with each other. “5-year change” compares the median of all land and house sales in 2018–2020 with 2023–2025 (three years each, to smooth out single-year noise), and is shown only when both windows have 20+ sales. Typical prices are 2021–2025 medians. Official land price change is the median five-year change of the benchmark points (公示地価 1 Jan 2026 / 基準地価 1 Jul 2026), which are appraisals, not sales.

AreaSales 2021–20255-year change, median saleLand plot, median 2021–2025House, median 2021–2025Official land price, 5 yr
Niseko area
Kutchan + Niseko Town
333+38%
¥13.0m → ¥18.0m · n=311→207
¥9.05m
¥23,810/㎡ · n=196
¥30.0m
n=137
Kutchan: 公示 +37% · 基準地 +52%; Niseko Town: 基準地 +67%
Hakuba
Hakuba Village
288+186%
¥4.90m → ¥14.0m · n=186→169
¥6.15m
¥10,128/㎡ · n=178
¥23.0m
n=110
公示 +162% · 基準地 +67%
Furano area
Furano + Kamifurano + Nakafurano
405+16%
¥5.00m → ¥5.80m · n=239→247
¥3.70m
¥11,304/㎡ · n=167
¥7.75m
n=238
Furano City: 公示 +2% · 基準地 +14%
Myoko, ski side
nearest station Myoko-Kogen
73-9%
¥4.00m → ¥3.65m · n=30→48
¥1.65m
¥2,406/㎡ · n=40
¥6.70m
n=33
resort points: Akakura +7.7% (公示); Futamata +12.0% (基準地); Sekikawa +44.7% over 3 yrs (基準地)
Myoko City, whole
mostly downtown Arai
344-10%
¥5.00m → ¥4.50m · n=184→181
¥3.20m
¥7,105/㎡ · n=194
¥7.00m
n=150
公示 -13% · 基準地 -12%
Rusutsu
Rusutsu Village
13too few sales (13→9)¥1.70m
¥4,679/㎡ · n=6
¥5.50m
n=7
基準地 +53%
Nozawa Onsen
Nozawa Onsen Village
45+35%
¥4.00m → ¥5.40m · n=23→30
¥2.40m
¥13,056/㎡ · n=24
¥5.50m
n=21
公示 +70% · 基準地 +106%

In your currency

Converted at ECB reference rates of 2026-09-25: ¥157.59 = 1 USD, ¥110.79 = 1 AUD, ¥20.09 = 1 HKD, ¥123.39 = 1 SGD. TWD, which the ECB does not publish, at the U.S. Federal Reserve H.10 rate of 2026-09-18 (via FRED): ¥4.93 = 1 TWD. The same rate is applied to every figure, so these are today's-money conversions of yen prices, not what was paid at the time. Your bank's rate and fees will differ. Buyer survey (取引価格・アンケート).

JPYUSDAUDHKDSGDTWD
Median land plot, 2021–2025¥1,700,000US$10,787A$15,344HK$84,617S$13,777NT$345,000
Median house, 2021–2025¥5,500,000US$34,901A$49,644HK$274,000S$44,572NT$1.12m
Median land ¥/㎡, 2021–2025¥4,679US$30A$42HK$233S$38NT$949

Read this before relying on the numbers

Methodology

Can you get a mortgage to buy in Rusutsu? It depends on your residency status: permanent residents borrow like Japanese nationals, a few banks lend to foreigners living in Japan on a visa, and buyers living abroad have only a handful of options (mostly for Taiwan and Hong Kong), usually with 30–50% down. See Japanese mortgages for foreigners: lenders by residency status (updated monthly), or estimate the monthly repayment: permanent resident · living in Japan, no PR · living abroad. We are not a lender and receive no fees from banks.

Source: MLIT Real Estate Information Library (processed by Japan House Prices). https://www.reinfolib.mlit.go.jp/ — . Original content: Transaction prices (不動産取引価格情報) and contract prices (成約価格情報). We filtered, grouped and took medians of the published records; the resulting figures are our own and are not published or endorsed by MLIT (国土交通省).
Exchange rates: ECB euro foreign exchange reference rates of 2026-09-25; TWD (not published by the ECB): U.S. Federal Reserve H.10 rate via FRED, 2026-09-18. Past transaction prices do not predict future prices; this page is not a valuation, an offer of property, or investment advice. Last reviewed 2026-09.

Local agents in this area (not affiliated)

  • Nisade: Rusutsu, Niseko and Furano
  • Niseko Realty Sales: Niseko and Rusutsu: sales and management
  • H2 Christie's (H2 Real Estate): Niseko and Rusutsu

Names taken from the companies' own public websites, so you can see who is active locally. We have no agreement with any of them, this is not a recommendation, and we have not checked their licences on MLIT's register. Contact them directly, or use the form below.

Thinking of buying in Rusutsu?

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