Municipalities ranked by the average price of commercial survey sites (yen per m²).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Cities: commercial | Avg. residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|---|
| 1 | Karuizawa Town Nagano |
¥214K/m² | ¥83K/m² | +13.5% | +55.4% | 90 |
| 2 | Nagano City Nagano |
¥110K/m² | ¥50K/m² | +0.9% | +1.8% | 72 |
| 3 | Matsumoto City Nagano |
¥110K/m² | ¥48K/m² | +1.2% | +3.5% | 74 |
| 4 | Shiojiri City Nagano |
¥54K/m² | ¥40K/m² | +0.6% | +2.4% | 67 |
| 5 | Hakuba Village Nagano |
¥52K/m² | ¥14K/m² | +27.4% | +89.3% | 69 |
| 6 | Nozawaonsen Village Nagano |
¥51K/m² | ¥30K/m² | +23.1% | +79.3% | 72 |
| 7 | Obuse Town Nagano |
¥50K/m² | ¥35K/m² | +1.3% | +4.7% | 62 |
| 8 | Chino City Nagano |
¥50K/m² | ¥25K/m² | ±0.0% | −4.1% | 49 |
| 9 | Suwa City Nagano |
¥50K/m² | ¥37K/m² | −0.6% | −4.3% | 45 |
| 10 | Ueda City Nagano |
¥49K/m² | ¥34K/m² | +0.2% | −0.5% | 63 |
| 11 | Suzaka City Nagano |
¥46K/m² | ¥31K/m² | +0.2% | −0.3% | 57 |
| 12 | Iida City Nagano |
¥44K/m² | ¥21K/m² | −0.5% | −3.6% | 48 |
| 13 | Azumino City Nagano |
¥43K/m² | ¥26K/m² | +1.6% | +4.3% | 68 |
| 14 | Shimosuwa Town Nagano |
¥43K/m² | ¥41K/m² | −0.6% | −5.8% | 42 |
| 15 | Okaya City Nagano |
¥42K/m² | ¥34K/m² | −0.6% | −5.6% | 43 |
| 16 | Saku City Nagano |
¥42K/m² | ¥26K/m² | +0.6% | +0.3% | 63 |
| 17 | Nakano City Nagano |
¥38K/m² | ¥27K/m² | ±0.0% | −2.4% | 51 |
| 18 | Chikuma City Nagano |
¥37K/m² | ¥29K/m² | −0.2% | −2.6% | 52 |
| 19 | Tomi City Nagano |
¥32K/m² | ¥22K/m² | −0.5% | −2.9% | 43 |
| 20 | Ina City Nagano |
¥30K/m² | ¥15K/m² | −1.0% | −6.3% | 35 |
| 21 | Komoro City Nagano |
¥29K/m² | ¥19K/m² | +0.7% | +0.6% | 56 |
| 22 | Komagane City Nagano |
¥28K/m² | ¥19K/m² | −1.2% | −7.1% | 32 |
| 23 | Yamanouchi Town Nagano |
¥27K/m² | ¥18K/m² | −2.6% | −12.5% | 18 |
| 24 | Sakaki Town Nagano |
¥26K/m² | ¥22K/m² | −1.7% | −8.7% | 25 |
| 25 | Fujimi Town Nagano |
¥26K/m² | ¥16K/m² | −0.3% | −6.0% | 36 |
| 26 | Kiso Town Nagano |
¥26K/m² | ¥12K/m² | −2.7% | −13.9% | 14 |
| 27 | Miyota Town Nagano |
¥26K/m² | ¥22K/m² | +8.1% | +11.4% | 72 |
| 28 | Minowa Town Nagano |
¥25K/m² | ¥20K/m² | −1.2% | −8.4% | 30 |
| 29 | Iiyama City Nagano |
¥24K/m² | ¥16K/m² | −1.0% | −5.8% | 33 |
| 30 | Miyada Village Nagano |
¥23K/m² | ¥17K/m² | −1.2% | −7.0% | 25 |
| 31 | Koumi Town Nagano |
¥22K/m² | ¥17K/m² | −1.6% | −7.0% | 23 |
| 32 | Tatsuno Town Nagano |
¥22K/m² | ¥15K/m² | −1.8% | −10.4% | 20 |
| 33 | Minamiminowa Village Nagano |
¥21K/m² | ¥19K/m² | +0.2% | +0.5% | 50 |
| 34 | Sakuho Town Nagano |
¥20K/m² | ¥18K/m² | −0.4% | −3.7% | 37 |
| 35 | Matsukawa Town Nagano |
¥20K/m² | ¥15K/m² | −1.0% | −7.5% | 25 |
| 36 | Matsukawa Village Nagano |
¥20K/m² | ¥17K/m² | +1.8% | +3.7% | 55 |
| 37 | Takamori Town Nagano |
¥20K/m² | ¥15K/m² | −1.2% | −7.0% | 26 |
| 38 | Omachi City Nagano |
¥18K/m² | ¥11K/m² | −0.8% | −5.6% | 32 |
| 39 | Achi Village Nagano |
¥16K/m² | ¥4,882/m² | −0.9% | −5.7% | 22 |
| 40 | Iijima Town Nagano |
¥16K/m² | ¥10K/m² | −1.1% | −7.6% | 21 |
| 41 | Ikeda Town Nagano |
¥16K/m² | ¥11K/m² | −0.2% | −1.6% | 38 |
| 42 | Agematsu Town Nagano |
¥15K/m² | ¥12K/m² | −3.2% | −14.6% | 10 |
| 43 | Iizuna Town Nagano |
¥15K/m² | ¥9,122/m² | −1.0% | −7.4% | 22 |
| 44 | Tateshina Town Nagano |
¥15K/m² | ¥11K/m² | −0.9% | −4.1% | 28 |
| 45 | Shinano Town Nagano |
¥14K/m² | ¥8,668/m² | −1.4% | −10.1% | 18 |
| 46 | Nagawa Town Nagano |
¥14K/m² | ¥8,500/m² | −2.3% | −10.1% | 13 |
| 47 | Nagiso Town Nagano |
¥12K/m² | ¥6,523/m² | −2.2% | −11.2% | 11 |
| 48 | Anan Town Nagano |
¥3,810/m² | ¥2,995/m² | −1.1% | −7.6% | 14 |
48 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.