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 |
|---|---|---|---|---|---|---|
| 1101 | Oura Town Gunma |
47/100 | ¥24K/m² | −0.2% | −3.2% | 47 |
| 1102 | Koshigaya City Saitama |
47/100 | ¥152K/m² | +3.4% | +12.7% | 86 |
| 1103 | Fujimi City Saitama |
47/100 | ¥208K/m² | +3.4% | +15.0% | 85 |
| 1104 | Fujimino City Saitama |
47/100 | ¥210K/m² | +3.4% | +15.0% | 85 |
| 1105 | Setagaya Ward Tokyo |
47/100 | ¥777K/m² | +7.2% | +24.6% | 97 |
| 1106 | Nerima Ward Tokyo |
47/100 | ¥476K/m² | +6.6% | +23.1% | 95 |
| 1107 | Musashino City Tokyo |
47/100 | ¥673K/m² | +6.3% | +25.0% | 94 |
| 1108 | Fuchu City Tokyo |
47/100 | ¥357K/m² | +4.7% | +23.0% | 92 |
| 1109 | Chofu City Tokyo |
47/100 | ¥428K/m² | +5.9% | +25.7% | 94 |
| 1110 | Zama City Kanagawa |
47/100 | ¥165K/m² | +3.3% | +13.1% | 82 |
| 1111 | Tainai City Niigata |
47/100 | ¥13K/m² | −1.3% | −6.6% | 29 |
| 1112 | Oyabe City Toyama |
47/100 | ¥22K/m² | −0.8% | −2.2% | 44 |
| 1113 | Nakanoto Town Ishikawa |
47/100 | ¥7,980/m² | −1.9% | −11.7% | 15 |
| 1114 | Minamiechizen Town Fukui |
47/100 | ¥9,633/m² | −1.5% | −10.0% | 15 |
| 1115 | Fujiyoshida City Yamanashi |
47/100 | ¥35K/m² | +0.2% | −0.8% | 57 |
| 1116 | Iida City Nagano |
47/100 | ¥21K/m² | −0.5% | −3.6% | 48 |
| 1117 | Ina City Nagano |
47/100 | ¥15K/m² | −1.0% | −6.3% | 35 |
| 1118 | Nakano City Nagano |
47/100 | ¥27K/m² | ±0.0% | −2.4% | 51 |
| 1119 | Nagawa Town Nagano |
47/100 | ¥8,500/m² | −2.3% | −10.1% | 13 |
| 1120 | Omaezaki City Shizuoka |
47/100 | ¥18K/m² | −0.9% | −4.7% | 39 |
| 1121 | Okazaki City Aichi |
47/100 | ¥112K/m² | +1.5% | +11.5% | 78 |
| 1122 | Chita City Aichi |
47/100 | ¥73K/m² | +0.7% | +5.3% | 67 |
| 1123 | Oguchi Town Aichi |
47/100 | ¥70K/m² | +0.9% | +4.0% | 67 |
| 1124 | Kuwana City Mie |
47/100 | ¥53K/m² | +0.6% | +1.6% | 69 |
| 1125 | Iga City Mie |
47/100 | ¥21K/m² | −0.5% | −3.3% | 48 |
| 1126 | Kameoka City Kyoto |
47/100 | ¥78K/m² | +1.9% | +3.8% | 70 |
| 1127 | Muko City Kyoto |
47/100 | ¥212K/m² | +4.0% | +16.4% | 85 |
| 1128 | Yawata City Kyoto |
47/100 | ¥84K/m² | +1.7% | +5.0% | 69 |
| 1129 | Toyonaka City Osaka |
47/100 | ¥246K/m² | +4.5% | +15.6% | 90 |
| 1130 | Takatsuki City Osaka |
47/100 | ¥176K/m² | +4.5% | +12.5% | 86 |
| 1131 | Neyagawa City Osaka |
47/100 | ¥139K/m² | +3.1% | +11.9% | 82 |
| 1132 | Amagasaki City Hyogo |
47/100 | ¥209K/m² | +3.3% | +16.5% | 88 |
| 1133 | Itami City Hyogo |
47/100 | ¥199K/m² | +3.7% | +14.8% | 86 |
| 1134 | Kakogawa City Hyogo |
47/100 | ¥78K/m² | +1.5% | +4.7% | 72 |
| 1135 | Tatsuno City Hyogo |
47/100 | ¥40K/m² | +0.2% | ±0.0% | 60 |
| 1136 | Inagawa Town Hyogo |
47/100 | ¥42K/m² | +0.5% | ±0.0% | 54 |
| 1137 | Kozagawa Town Wakayama |
47/100 | ¥12K/m² | −1.7% | −6.0% | 22 |
| 1138 | Kaita Town Hiroshima |
47/100 | ¥131K/m² | +2.5% | +12.5% | 76 |
| 1139 | Sera Town Hiroshima |
47/100 | ¥7,820/m² | −1.9% | −12.9% | 14 |
| 1140 | Yanai City Yamaguchi |
47/100 | ¥27K/m² | −0.2% | −1.8% | 49 |
| 1141 | Ayagawa Town Kagawa |
47/100 | ¥19K/m² | −0.9% | −4.2% | 40 |
| 1142 | Nagasaki City Nagasaki |
47/100 | ¥62K/m² | +0.8% | +4.7% | 75 |
| 1143 | Izumi City Kagoshima |
47/100 | ¥11K/m² | −1.7% | −7.8% | 27 |
| 1144 | Wadomari Town Kagoshima |
47/100 | ¥7,940/m² | −2.2% | −11.0% | 12 |
| 1145 | Omiya Ward Saitama City, Saitama |
47/100 | ¥342K/m² | +5.6% | +23.8% | 93 |
| 1146 | Urawa Ward Saitama City, Saitama |
47/100 | ¥420K/m² | +5.4% | +23.8% | 94 |
| 1147 | Iwatsuki Ward Saitama City, Saitama |
47/100 | ¥95K/m² | +1.8% | +9.2% | 74 |
| 1148 | Tsurumi Ward Yokohama City, Kanagawa |
47/100 | ¥308K/m² | +5.0% | +18.9% | 92 |
| 1149 | Minami Ward Yokohama City, Kanagawa |
47/100 | ¥256K/m² | +5.1% | +21.1% | 92 |
| 1150 | Asahi Ward Yokohama City, Kanagawa |
47/100 | ¥220K/m² | +4.2% | +16.0% | 86 |
| 1151 | Seya Ward Yokohama City, Kanagawa |
47/100 | ¥198K/m² | +3.7% | +14.7% | 85 |
| 1152 | Saiwai Ward Kawasaki City, Kanagawa |
47/100 | ¥394K/m² | +6.1% | +24.0% | 94 |
| 1153 | Takatsu Ward Kawasaki City, Kanagawa |
47/100 | ¥370K/m² | +5.2% | +21.0% | 93 |
| 1154 | Asao Ward Kawasaki City, Kanagawa |
47/100 | ¥226K/m² | +4.7% | +15.5% | 88 |
| 1155 | Midori Ward Sagamihara City, Kanagawa |
47/100 | ¥148K/m² | +3.1% | +12.9% | 84 |
| 1156 | Chuo Ward Niigata City, Niigata |
47/100 | ¥113K/m² | +2.2% | +10.3% | 80 |
| 1157 | Higashi Ward Nagoya City, Aichi |
47/100 | ¥559K/m² | +4.7% | +31.2% | 93 |
| 1158 | Nishi Ward Nagoya City, Aichi |
47/100 | ¥198K/m² | +2.7% | +18.4% | 86 |
| 1159 | Nakagawa Ward Nagoya City, Aichi |
47/100 | ¥149K/m² | +2.0% | +16.1% | 81 |
| 1160 | Yamashina Ward Kyoto City, Kyoto |
47/100 | ¥147K/m² | +3.5% | +10.6% | 82 |
| 1161 | Asahi Ward Osaka City, Osaka |
47/100 | ¥258K/m² | +5.2% | +19.3% | 86 |
| 1162 | Sumiyoshi Ward Osaka City, Osaka |
47/100 | ¥290K/m² | +6.0% | +17.0% | 89 |
| 1163 | Kita Ward Sakai City, Osaka |
47/100 | ¥228K/m² | +4.5% | +19.4% | 88 |
| 1164 | Higashinada Ward Kobe City, Hyogo |
47/100 | ¥375K/m² | +5.0% | +22.1% | 92 |
| 1165 | Nada Ward Kobe City, Hyogo |
47/100 | ¥353K/m² | +4.9% | +22.0% | 91 |
| 1166 | Chuo Ward Kobe City, Hyogo |
47/100 | ¥386K/m² | +6.5% | +21.1% | 94 |
| 1167 | Naka Ward Hiroshima City, Hiroshima |
47/100 | ¥446K/m² | +5.2% | +23.9% | 91 |
| 1168 | Asakita Ward Hiroshima City, Hiroshima |
47/100 | ¥58K/m² | +0.7% | +2.3% | 66 |
| 1169 | Saeki Ward Hiroshima City, Hiroshima |
47/100 | ¥110K/m² | +2.5% | +10.4% | 79 |
| 1170 | Moji Ward Kitakyushu City, Fukuoka |
47/100 | ¥53K/m² | +0.3% | +2.9% | 63 |
| 1171 | Hakodate City Hokkaido |
46/100 | ¥36K/m² | +0.4% | −1.5% | 60 |
| 1172 | Abashiri City Hokkaido |
46/100 | ¥16K/m² | −1.2% | −5.5% | 32 |
| 1173 | Fukagawa City Hokkaido |
46/100 | ¥5,925/m² | −3.0% | −19.3% | 4 |
| 1174 | Matsumae Town Hokkaido |
46/100 | ¥6,350/m² | −3.4% | −17.5% | 5 |
| 1175 | Mori Town Hokkaido |
46/100 | ¥7,770/m² | −2.7% | −12.3% | 9 |
| 1176 | Assabu Town Hokkaido |
46/100 | ¥6,017/m² | −3.5% | −15.8% | 5 |
| 1177 | Otobe Town Hokkaido |
46/100 | ¥6,017/m² | −3.3% | −17.0% | 5 |
| 1178 | Setana Town Hokkaido |
46/100 | ¥7,640/m² | −2.8% | −13.6% | 9 |
| 1179 | Kamifurano Town Hokkaido |
46/100 | ¥9,200/m² | −1.9% | −10.1% | 15 |
| 1180 | Bihoro Town Hokkaido |
46/100 | ¥12K/m² | −1.6% | −7.8% | 23 |
| 1181 | Toyako Town Hokkaido |
46/100 | ¥7,130/m² | −2.2% | −16.8% | 7 |
| 1182 | Kunohe Village Iwate |
46/100 | ¥6,497/m² | −2.4% | −16.8% | 6 |
| 1183 | Shiogama City Miyagi |
46/100 | ¥36K/m² | ±0.0% | −0.4% | 61 |
| 1184 | Zao Town Miyagi |
46/100 | ¥9,490/m² | −1.7% | −11.5% | 14 |
| 1185 | Aizuwakamatsu City Fukushima |
46/100 | ¥35K/m² | ±0.0% | −0.6% | 60 |
| 1186 | Aizubange Town Fukushima |
46/100 | ¥17K/m² | −1.2% | −4.7% | 35 |
| 1187 | Aizumisato Town Fukushima |
46/100 | ¥12K/m² | −2.4% | −6.7% | 22 |
| 1188 | Asakawa Town Fukushima |
46/100 | ¥12K/m² | −1.4% | −8.4% | 23 |
| 1189 | Tokai Village Ibaraki |
46/100 | ¥35K/m² | ±0.0% | −0.4% | 60 |
| 1190 | Kanuma City Tochigi |
46/100 | ¥25K/m² | −0.2% | −3.6% | 48 |
| 1191 | Kawagoe City Saitama |
46/100 | ¥151K/m² | +2.4% | +11.5% | 82 |
| 1192 | Tokorozawa City Saitama |
46/100 | ¥191K/m² | +2.8% | +12.5% | 85 |
| 1193 | Hanno City Saitama |
46/100 | ¥74K/m² | +1.0% | +2.5% | 67 |
| 1194 | Hanyu City Saitama |
46/100 | ¥29K/m² | −0.3% | −2.7% | 53 |
| 1195 | Asaka City Saitama |
46/100 | ¥274K/m² | +4.0% | +17.1% | 89 |
| 1196 | Wako City Saitama |
46/100 | ¥294K/m² | +4.0% | +18.5% | 88 |
| 1197 | Misato City Saitama |
46/100 | ¥122K/m² | +2.0% | +8.7% | 78 |
| 1198 | Hidaka City Saitama |
46/100 | ¥50K/m² | +0.3% | +1.2% | 65 |
| 1199 | Ogawa Town Saitama |
46/100 | ¥26K/m² | −0.5% | −2.4% | 44 |
| 1200 | Tokigawa Town Saitama |
46/100 | ¥16K/m² | −1.0% | −6.1% | 30 |
1795 areas · calculated Nov 3, 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.