Municipalities whose price momentum (1-year and 5-year) ranks higher than their price level (a Fudosan Zukan indicator).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Undervalued | Avg. residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|---|
| 1001 | Hino City Tokyo |
48/100 | ¥222K/m² | +4.9% | +16.2% | 88 |
| 1002 | Kokubunji City Tokyo |
48/100 | ¥346K/m² | +7.5% | +24.6% | 93 |
| 1003 | Kunitachi City Tokyo |
48/100 | ¥422K/m² | +7.8% | +25.2% | 91 |
| 1004 | Komae City Tokyo |
48/100 | ¥388K/m² | +5.9% | +23.1% | 91 |
| 1005 | Kamakura City Kanagawa |
48/100 | ¥246K/m² | +5.5% | +20.8% | 91 |
| 1006 | Ayase City Kanagawa |
48/100 | ¥133K/m² | +3.3% | +13.9% | 78 |
| 1007 | Samukawa Town Kanagawa |
48/100 | ¥132K/m² | +1.9% | +15.6% | 75 |
| 1008 | Izumozaki Town Niigata |
48/100 | ¥9,025/m² | −1.8% | −9.2% | 13 |
| 1009 | Imizu City Toyama |
48/100 | ¥30K/m² | +0.2% | −1.5% | 59 |
| 1010 | Fukui City Fukui |
48/100 | ¥53K/m² | +0.9% | +3.0% | 71 |
| 1011 | Tsuruga City Fukui |
48/100 | ¥45K/m² | +0.9% | +1.2% | 64 |
| 1012 | Sabae City Fukui |
48/100 | ¥31K/m² | +0.1% | −0.4% | 58 |
| 1013 | Awara City Fukui |
48/100 | ¥20K/m² | −0.5% | −4.1% | 40 |
| 1014 | Nagano City Nagano |
48/100 | ¥50K/m² | +0.9% | +1.8% | 72 |
| 1015 | Ueda City Nagano |
48/100 | ¥34K/m² | +0.2% | −0.5% | 63 |
| 1016 | Tomi City Nagano |
48/100 | ¥22K/m² | −0.5% | −2.9% | 43 |
| 1017 | Mizunami City Gifu |
48/100 | ¥29K/m² | ±0.0% | −1.7% | 53 |
| 1018 | Mitake Town Gifu |
48/100 | ¥17K/m² | −1.0% | −4.3% | 34 |
| 1019 | Handa City Aichi |
48/100 | ¥82K/m² | +2.0% | +6.7% | 71 |
| 1020 | Kariya City Aichi |
48/100 | ¥179K/m² | +2.7% | +24.7% | 84 |
| 1021 | Konan City Aichi |
48/100 | ¥83K/m² | +1.5% | +6.4% | 69 |
| 1022 | Komaki City Aichi |
48/100 | ¥91K/m² | +1.8% | +8.5% | 73 |
| 1023 | Takahama City Aichi |
48/100 | ¥96K/m² | +1.5% | +13.3% | 71 |
| 1024 | Nisshin City Aichi |
48/100 | ¥153K/m² | +2.8% | +15.5% | 81 |
| 1025 | Kiyosu City Aichi |
48/100 | ¥105K/m² | +2.7% | +10.6% | 75 |
| 1026 | Miyoshi City Aichi |
48/100 | ¥131K/m² | +2.3% | +13.9% | 76 |
| 1027 | Toin Town Mie |
48/100 | ¥31K/m² | ±0.0% | +0.1% | 55 |
| 1028 | Kawagoe Town Mie |
48/100 | ¥46K/m² | +0.4% | +2.8% | 61 |
| 1029 | Meiwa Town Mie |
48/100 | ¥18K/m² | −0.5% | −4.7% | 37 |
| 1030 | Taiki Town Mie |
48/100 | ¥7,070/m² | −2.2% | −10.8% | 10 |
| 1031 | Minamiise Town Mie |
48/100 | ¥10K/m² | −1.4% | −8.4% | 18 |
| 1032 | Mihama Town Mie |
48/100 | ¥18K/m² | −0.6% | −4.9% | 33 |
| 1033 | Otsu City Shiga |
48/100 | ¥83K/m² | +2.8% | +6.9% | 80 |
| 1034 | Joyo City Kyoto |
48/100 | ¥107K/m² | +2.7% | +11.5% | 80 |
| 1035 | Kyotanba Town Kyoto |
48/100 | ¥10K/m² | −1.3% | −9.0% | 23 |
| 1036 | Suita City Osaka |
48/100 | ¥245K/m² | +5.6% | +17.6% | 91 |
| 1037 | Ibaraki City Osaka |
48/100 | ¥206K/m² | +4.8% | +15.0% | 87 |
| 1038 | Kadoma City Osaka |
48/100 | ¥135K/m² | +2.9% | +12.8% | 81 |
| 1039 | Kawanishi City Hyogo |
48/100 | ¥99K/m² | +2.6% | +9.5% | 78 |
| 1040 | Sanda City Hyogo |
48/100 | ¥55K/m² | +1.3% | +2.4% | 68 |
| 1041 | Kasai City Hyogo |
48/100 | ¥29K/m² | −0.3% | −0.5% | 55 |
| 1042 | Taishi Town Hyogo |
48/100 | ¥57K/m² | +0.8% | +3.1% | 66 |
| 1043 | Kurotaki Village Nara |
48/100 | ¥5,507/m² | −3.1% | −14.8% | 4 |
| 1044 | Kamikitayama Village Nara |
48/100 | ¥4,700/m² | −3.5% | −16.3% | 4 |
| 1045 | Kotoura Town Tottori |
48/100 | ¥13K/m² | −1.2% | −6.0% | 28 |
| 1046 | Matsue City Shimane |
48/100 | ¥45K/m² | +0.4% | +1.5% | 67 |
| 1047 | Tsuyama City Okayama |
48/100 | ¥20K/m² | −0.5% | −3.9% | 44 |
| 1048 | Shobara City Hiroshima |
48/100 | ¥9,289/m² | −1.6% | −9.6% | 22 |
| 1049 | Hatsukaichi City Hiroshima |
48/100 | ¥81K/m² | +2.1% | +8.0% | 78 |
| 1050 | Iwakuni City Yamaguchi |
48/100 | ¥39K/m² | +0.3% | +0.9% | 63 |
| 1051 | Hirao Town Yamaguchi |
48/100 | ¥18K/m² | −0.8% | −4.2% | 36 |
| 1052 | Nankoku City Kochi |
48/100 | ¥50K/m² | +0.6% | +1.8% | 64 |
| 1053 | Shimanto City Kochi |
48/100 | ¥25K/m² | −0.2% | −2.0% | 51 |
| 1054 | Kuroshio Town Kochi |
48/100 | ¥16K/m² | −1.1% | −4.6% | 36 |
| 1055 | Miyako Town Fukuoka |
48/100 | ¥9,656/m² | −1.9% | −7.4% | 22 |
| 1056 | Yoshitomi Town Fukuoka |
48/100 | ¥16K/m² | −0.7% | −5.9% | 31 |
| 1057 | Kashima City Saga |
48/100 | ¥21K/m² | −0.5% | −3.3% | 43 |
| 1058 | Hikawa Town Kumamoto |
48/100 | ¥12K/m² | −1.6% | −6.8% | 24 |
| 1059 | Saiki City Oita |
48/100 | ¥17K/m² | −0.7% | −5.1% | 40 |
| 1060 | Kitsuki City Oita |
48/100 | ¥13K/m² | −1.3% | −6.7% | 27 |
| 1061 | Nobeoka City Miyazaki |
48/100 | ¥28K/m² | −0.1% | −1.4% | 58 |
| 1062 | Kushima City Miyazaki |
48/100 | ¥11K/m² | −1.6% | −8.2% | 23 |
| 1063 | Takaharu Town Miyazaki |
48/100 | ¥8,848/m² | −1.5% | −10.9% | 17 |
| 1064 | Takanabe Town Miyazaki |
48/100 | ¥19K/m² | −0.5% | −4.3% | 39 |
| 1065 | Amami City Kagoshima |
48/100 | ¥42K/m² | +0.5% | +1.1% | 61 |
| 1066 | Hanamigawa Ward Chiba City, Chiba |
48/100 | ¥151K/m² | +4.1% | +13.5% | 80 |
| 1067 | Hodogaya Ward Yokohama City, Kanagawa |
48/100 | ¥225K/m² | +4.4% | +18.1% | 88 |
| 1068 | Nakahara Ward Kawasaki City, Kanagawa |
48/100 | ¥474K/m² | +6.4% | +26.4% | 95 |
| 1069 | Minami Ward Sagamihara City, Kanagawa |
48/100 | ¥222K/m² | +5.0% | +19.2% | 89 |
| 1070 | Higashi Ward Niigata City, Niigata |
48/100 | ¥70K/m² | +1.0% | +6.2% | 72 |
| 1071 | Akiha Ward Niigata City, Niigata |
48/100 | ¥31K/m² | ±0.0% | −0.7% | 59 |
| 1072 | Nakamura Ward Nagoya City, Aichi |
48/100 | ¥254K/m² | +4.5% | +27.6% | 91 |
| 1073 | Minami Ward Nagoya City, Aichi |
48/100 | ¥171K/m² | +2.2% | +23.4% | 80 |
| 1074 | Midori Ward Nagoya City, Aichi |
48/100 | ¥172K/m² | +2.8% | +18.2% | 83 |
| 1075 | Kamigyo Ward Kyoto City, Kyoto |
48/100 | ¥480K/m² | +6.6% | +26.6% | 92 |
| 1076 | Konohana Ward Osaka City, Osaka |
48/100 | ¥222K/m² | +4.7% | +20.3% | 86 |
| 1077 | Minato Ward Osaka City, Osaka |
48/100 | ¥276K/m² | +6.0% | +22.0% | 90 |
| 1078 | Tennoji Ward Osaka City, Osaka |
48/100 | ¥714K/m² | +8.2% | +29.8% | 95 |
| 1079 | Nishiyodogawa Ward Osaka City, Osaka |
48/100 | ¥192K/m² | +4.5% | +14.4% | 85 |
| 1080 | Abeno Ward Osaka City, Osaka |
48/100 | ¥403K/m² | +7.3% | +25.1% | 93 |
| 1081 | Suminoe Ward Osaka City, Osaka |
48/100 | ¥231K/m² | +4.9% | +21.1% | 86 |
| 1082 | Sakai Ward Sakai City, Osaka |
48/100 | ¥185K/m² | +4.0% | +18.7% | 87 |
| 1083 | Minami Ward Sakai City, Osaka |
48/100 | ¥99K/m² | +3.2% | +7.8% | 76 |
| 1084 | Minami Ward Hiroshima City, Hiroshima |
48/100 | ¥227K/m² | +5.0% | +20.3% | 88 |
| 1085 | Nishi Ward Hiroshima City, Hiroshima |
48/100 | ¥171K/m² | +3.7% | +17.9% | 85 |
| 1086 | Kokuraminami Ward Kitakyushu City, Fukuoka |
48/100 | ¥58K/m² | +0.9% | +5.3% | 70 |
| 1087 | Toyoura Town Hokkaido |
47/100 | ¥5,017/m² | −4.5% | −23.1% | 2 |
| 1088 | Samani Town Hokkaido |
47/100 | ¥5,150/m² | −3.8% | −20.0% | 3 |
| 1089 | Shinhidaka Town Hokkaido |
47/100 | ¥12K/m² | −1.1% | −9.4% | 22 |
| 1090 | Hiroo Town Hokkaido |
47/100 | ¥5,580/m² | −4.0% | −16.3% | 4 |
| 1091 | Tanohata Village Iwate |
47/100 | ¥5,870/m² | −3.3% | −14.7% | 6 |
| 1092 | Iwaki City Fukushima |
47/100 | ¥41K/m² | +0.1% | +1.0% | 65 |
| 1093 | Kitakata City Fukushima |
47/100 | ¥11K/m² | −1.8% | −6.9% | 23 |
| 1094 | Kori Town Fukushima |
47/100 | ¥21K/m² | −0.6% | −3.5% | 45 |
| 1095 | Tanagura Town Fukushima |
47/100 | ¥13K/m² | −1.2% | −6.8% | 28 |
| 1096 | Takahagi City Ibaraki |
47/100 | ¥21K/m² | −0.6% | −3.0% | 44 |
| 1097 | Oarai Town Ibaraki |
47/100 | ¥23K/m² | −0.2% | −3.4% | 47 |
| 1098 | Nikko City Tochigi |
47/100 | ¥16K/m² | −0.9% | −6.2% | 32 |
| 1099 | Takasaki City Gunma |
47/100 | ¥56K/m² | +1.0% | +2.0% | 74 |
| 1100 | Tatebayashi City Gunma |
47/100 | ¥32K/m² | +0.2% | −1.5% | 60 |
1795 areas · calculated Nov 4, 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.