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 |
|---|---|---|---|---|---|---|
| 1301 | Kitamoto City Saitama |
45/100 | ¥88K/m² | +0.9% | +4.6% | 66 |
| 1302 | Ogose Town Saitama |
45/100 | ¥28K/m² | −0.4% | −2.2% | 46 |
| 1303 | Nishitokyo City Tokyo |
45/100 | ¥324K/m² | +4.2% | +14.9% | 90 |
| 1304 | Yokosuka City Kanagawa |
45/100 | ¥112K/m² | +2.3% | +4.6% | 77 |
| 1305 | Nakai Town Kanagawa |
45/100 | ¥44K/m² | +0.1% | +0.2% | 52 |
| 1306 | Shibata City Niigata |
45/100 | ¥23K/m² | −0.7% | −3.7% | 47 |
| 1307 | Suzu City Ishikawa |
45/100 | ¥6,260/m² | −5.0% | −30.9% | 8 |
| 1308 | Shika Town Ishikawa |
45/100 | ¥6,469/m² | −3.4% | −22.4% | 8 |
| 1309 | Echizen Town Fukui |
45/100 | ¥16K/m² | −1.1% | −6.8% | 27 |
| 1310 | Nanbu Town Yamanashi |
45/100 | ¥12K/m² | −1.8% | −8.2% | 18 |
| 1311 | Toki City Gifu |
45/100 | ¥31K/m² | −0.4% | −1.3% | 49 |
| 1312 | Kawabe Town Gifu |
45/100 | ¥21K/m² | −0.8% | −3.8% | 38 |
| 1313 | Fujieda City Shizuoka |
45/100 | ¥61K/m² | +0.6% | +0.9% | 69 |
| 1314 | Toyohashi City Aichi |
45/100 | ¥80K/m² | +0.6% | +4.1% | 71 |
| 1315 | Ama City Aichi |
45/100 | ¥73K/m² | +1.0% | +1.9% | 66 |
| 1316 | Toyoyama Town Aichi |
45/100 | ¥97K/m² | +1.0% | +6.3% | 64 |
| 1317 | Hino Town Shiga |
45/100 | ¥16K/m² | −1.2% | −7.0% | 29 |
| 1318 | Tondabayashi City Osaka |
45/100 | ¥78K/m² | +0.8% | +3.6% | 67 |
| 1319 | Daito City Osaka |
45/100 | ¥142K/m² | +1.9% | +10.1% | 79 |
| 1320 | Shimamoto Town Osaka |
45/100 | ¥166K/m² | +2.9% | +8.5% | 76 |
| 1321 | Tajiri Town Osaka |
45/100 | ¥56K/m² | +0.5% | +0.6% | 58 |
| 1322 | Takarazuka City Hyogo |
45/100 | ¥166K/m² | +2.6% | +9.6% | 82 |
| 1323 | Takasago City Hyogo |
45/100 | ¥63K/m² | +0.5% | +2.3% | 64 |
| 1324 | Fukusaki Town Hyogo |
45/100 | ¥38K/m² | −0.4% | +0.7% | 53 |
| 1325 | Sayo Town Hyogo |
45/100 | ¥12K/m² | −1.2% | −9.3% | 29 |
| 1326 | Kawakami Village Nara |
45/100 | ¥7,677/m² | −3.1% | −14.6% | 7 |
| 1327 | Kinokawa City Wakayama |
45/100 | ¥20K/m² | −0.8% | −4.3% | 42 |
| 1328 | Kitajima Town Tokushima |
45/100 | ¥50K/m² | ±0.0% | +1.4% | 61 |
| 1329 | Takamatsu City Kagawa |
45/100 | ¥58K/m² | +0.6% | +0.8% | 69 |
| 1330 | Zentsuji City Kagawa |
45/100 | ¥25K/m² | −0.5% | −3.4% | 45 |
| 1331 | Toyo Town Kochi |
45/100 | ¥11K/m² | −2.0% | −8.2% | 19 |
| 1332 | Himeshima Village Oita |
45/100 | ¥8,670/m² | −2.5% | −12.8% | 11 |
| 1333 | Minamisatsuma City Kagoshima |
45/100 | ¥8,108/m² | −2.8% | −14.1% | 16 |
| 1334 | Kita Ward Saitama City, Saitama |
45/100 | ¥200K/m² | +2.8% | +13.0% | 85 |
| 1335 | Minuma Ward Saitama City, Saitama |
45/100 | ¥130K/m² | +2.1% | +7.1% | 76 |
| 1336 | Chuo Ward Saitama City, Saitama |
45/100 | ¥312K/m² | +3.7% | +15.9% | 88 |
| 1337 | Minami Ward Saitama City, Saitama |
45/100 | ¥299K/m² | +3.5% | +16.2% | 90 |
| 1338 | Midori Ward Saitama City, Saitama |
45/100 | ¥190K/m² | +2.6% | +11.1% | 83 |
| 1339 | Totsuka Ward Yokohama City, Kanagawa |
45/100 | ¥220K/m² | +3.3% | +13.0% | 87 |
| 1340 | Konan Ward Yokohama City, Kanagawa |
45/100 | ¥223K/m² | +3.3% | +11.8% | 85 |
| 1341 | Midori Ward Yokohama City, Kanagawa |
45/100 | ¥245K/m² | +3.3% | +12.7% | 87 |
| 1342 | Sakae Ward Yokohama City, Kanagawa |
45/100 | ¥196K/m² | +3.0% | +11.5% | 83 |
| 1343 | Tsuzuki Ward Yokohama City, Kanagawa |
45/100 | ¥304K/m² | +3.9% | +15.4% | 90 |
| 1344 | Kita Ward Nagoya City, Aichi |
45/100 | ¥183K/m² | +2.2% | +13.2% | 82 |
| 1345 | Ukyo Ward Kyoto City, Kyoto |
45/100 | ¥185K/m² | +2.7% | +10.9% | 84 |
| 1346 | Higashisumiyoshi Ward Osaka City, Osaka |
45/100 | ¥261K/m² | +4.4% | +11.9% | 86 |
| 1347 | Nagata Ward Kobe City, Hyogo |
45/100 | ¥146K/m² | +2.6% | +8.3% | 80 |
| 1348 | Higashi Ward Hiroshima City, Hiroshima |
45/100 | ¥140K/m² | +2.2% | +9.0% | 79 |
| 1349 | Aki Ward Hiroshima City, Hiroshima |
45/100 | ¥77K/m² | +0.9% | +2.4% | 68 |
| 1350 | Ajigasawa Town Aomori |
44/100 | ¥11K/m² | −2.0% | −9.1% | 17 |
| 1351 | Ichinoseki City Iwate |
44/100 | ¥17K/m² | −1.2% | −6.8% | 28 |
| 1352 | Rikuzentakata City Iwate |
44/100 | ¥17K/m² | −1.5% | −5.4% | 31 |
| 1353 | Kunimi Town Fukushima |
44/100 | ¥18K/m² | −1.3% | −4.9% | 35 |
| 1354 | Ishikawa Town Fukushima |
44/100 | ¥17K/m² | −1.1% | −6.6% | 31 |
| 1355 | Shinchi Town Fukushima |
44/100 | ¥15K/m² | −1.4% | −7.4% | 28 |
| 1356 | Hitachi City Ibaraki |
44/100 | ¥34K/m² | −0.3% | −1.7% | 55 |
| 1357 | Nasushiobara City Tochigi |
44/100 | ¥20K/m² | −0.9% | −5.3% | 37 |
| 1358 | Itakura Town Gunma |
44/100 | ¥16K/m² | −1.1% | −7.2% | 27 |
| 1359 | Kazo City Saitama |
44/100 | ¥33K/m² | −0.3% | −1.8% | 54 |
| 1360 | Higashimatsuyama City Saitama |
44/100 | ¥60K/m² | +0.1% | +2.0% | 64 |
| 1361 | Konosu City Saitama |
44/100 | ¥66K/m² | +0.4% | +1.2% | 66 |
| 1362 | Shiki City Saitama |
44/100 | ¥254K/m² | +2.9% | +13.7% | 83 |
| 1363 | Niiza City Saitama |
44/100 | ¥218K/m² | +2.7% | +12.3% | 84 |
| 1364 | Tsurugashima City Saitama |
44/100 | ¥97K/m² | +0.8% | +6.0% | 71 |
| 1365 | Yoshikawa City Saitama |
44/100 | ¥98K/m² | +0.8% | +4.8% | 72 |
| 1366 | Kawajima Town Saitama |
44/100 | ¥31K/m² | −1.1% | +0.6% | 51 |
| 1367 | Yokoze Town Saitama |
44/100 | ¥32K/m² | −0.1% | −2.3% | 47 |
| 1368 | Minano Town Saitama |
44/100 | ¥22K/m² | −0.7% | −4.4% | 36 |
| 1369 | Sugito Town Saitama |
44/100 | ¥58K/m² | +0.2% | +0.4% | 60 |
| 1370 | Oume City Tokyo |
44/100 | ¥96K/m² | +0.8% | +5.6% | 72 |
| 1371 | Kodaira City Tokyo |
44/100 | ¥259K/m² | +3.3% | +11.6% | 87 |
| 1372 | Higashimurayama City Tokyo |
44/100 | ¥210K/m² | +3.1% | +11.4% | 85 |
| 1373 | Higashiyamato City Tokyo |
44/100 | ¥180K/m² | +2.6% | +8.1% | 81 |
| 1374 | Kiyose City Tokyo |
44/100 | ¥206K/m² | +2.8% | +10.0% | 82 |
| 1375 | Higashikurume City Tokyo |
44/100 | ¥229K/m² | +3.0% | +10.9% | 82 |
| 1376 | Hamura City Tokyo |
44/100 | ¥147K/m² | +1.3% | +10.3% | 74 |
| 1377 | Hinode Town Tokyo |
44/100 | ¥78K/m² | +0.2% | +4.4% | 63 |
| 1378 | Odawara City Kanagawa |
44/100 | ¥105K/m² | +1.5% | +3.0% | 75 |
| 1379 | Hadano City Kanagawa |
44/100 | ¥83K/m² | +1.1% | +1.3% | 67 |
| 1380 | Oiso Town Kanagawa |
44/100 | ¥113K/m² | +2.0% | +2.9% | 70 |
| 1381 | Tokamachi City Niigata |
44/100 | ¥13K/m² | −1.4% | −8.5% | 28 |
| 1382 | Mitsuke City Niigata |
44/100 | ¥23K/m² | −0.5% | −4.3% | 43 |
| 1383 | Uonuma City Niigata |
44/100 | ¥11K/m² | −1.8% | −9.9% | 23 |
| 1384 | Tsunan Town Niigata |
44/100 | ¥11K/m² | −1.8% | −9.5% | 18 |
| 1385 | Noto Town Ishikawa |
44/100 | ¥7,544/m² | −2.8% | −21.5% | 10 |
| 1386 | Kofu City Yamanashi |
44/100 | ¥41K/m² | ±0.0% | −0.7% | 63 |
| 1387 | Kai City Yamanashi |
44/100 | ¥35K/m² | −0.1% | −1.3% | 58 |
| 1388 | Fuefuki City Yamanashi |
44/100 | ¥20K/m² | −0.7% | −5.0% | 37 |
| 1389 | Minobu Town Yamanashi |
44/100 | ¥9,628/m² | −2.7% | −11.1% | 12 |
| 1390 | Fujikawa Town Yamanashi |
44/100 | ¥20K/m² | −0.9% | −5.0% | 33 |
| 1391 | Takamori Town Nagano |
44/100 | ¥15K/m² | −1.2% | −7.0% | 26 |
| 1392 | Mizuho City Gifu |
44/100 | ¥50K/m² | +0.4% | −0.4% | 58 |
| 1393 | Ikeda Town Gifu |
44/100 | ¥24K/m² | −0.5% | −3.9% | 40 |
| 1394 | Kitagata Town Gifu |
44/100 | ¥46K/m² | +0.7% | −1.4% | 57 |
| 1395 | Iwata City Shizuoka |
44/100 | ¥49K/m² | +0.2% | −0.2% | 65 |
| 1396 | Minamiizu Town Shizuoka |
44/100 | ¥18K/m² | −0.9% | −7.0% | 29 |
| 1397 | Nagaizumi Town Shizuoka |
44/100 | ¥121K/m² | +1.6% | +5.3% | 73 |
| 1398 | Oyama Town Shizuoka |
44/100 | ¥34K/m² | −0.3% | −1.9% | 50 |
| 1399 | Kawanehon Town Shizuoka |
44/100 | ¥8,788/m² | −2.9% | −13.1% | 11 |
| 1400 | Hekinan City Aichi |
44/100 | ¥78K/m² | +0.2% | +4.0% | 63 |
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.