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 | Utsunomiya City Tochigi |
¥150K/m² | ¥65K/m² | +1.4% | +4.6% | 74 |
| 2 | Shimotsuke City Tochigi |
¥82K/m² | ¥44K/m² | +0.9% | +3.0% | 69 |
| 3 | Oyama City Tochigi |
¥78K/m² | ¥41K/m² | +1.5% | +4.5% | 72 |
| 4 | Takanezawa Town Tochigi |
¥50K/m² | ¥28K/m² | ±0.0% | −1.3% | 56 |
| 5 | Nogi Town Tochigi |
¥48K/m² | ¥33K/m² | ±0.0% | −0.5% | 59 |
| 6 | Kanuma City Tochigi |
¥45K/m² | ¥25K/m² | −0.2% | −3.6% | 48 |
| 7 | Mibu Town Tochigi |
¥42K/m² | ¥32K/m² | +0.9% | +0.3% | 62 |
| 8 | Sakura City Tochigi |
¥42K/m² | ¥25K/m² | +0.1% | −2.1% | 53 |
| 9 | Ashikaga City Tochigi |
¥41K/m² | ¥26K/m² | −1.5% | −7.1% | 33 |
| 10 | Kaminokawa Town Tochigi |
¥40K/m² | ¥30K/m² | ±0.0% | −0.9% | 56 |
| 11 | Mooka City Tochigi |
¥38K/m² | ¥24K/m² | ±0.0% | −1.5% | 53 |
| 12 | Sano City Tochigi |
¥37K/m² | ¥26K/m² | −0.8% | −4.1% | 43 |
| 13 | Nikko City Tochigi |
¥35K/m² | ¥16K/m² | −0.9% | −6.2% | 32 |
| 14 | Tochigi City Tochigi |
¥34K/m² | ¥22K/m² | −0.8% | −4.7% | 40 |
| 15 | Nasushiobara City Tochigi |
¥33K/m² | ¥20K/m² | −0.9% | −5.3% | 37 |
| 16 | Yaita City Tochigi |
¥32K/m² | ¥20K/m² | −1.1% | −6.2% | 33 |
| 17 | Otawara City Tochigi |
¥31K/m² | ¥19K/m² | −0.6% | −3.8% | 42 |
| 18 | Mashiko Town Tochigi |
¥29K/m² | ¥17K/m² | −1.1% | −9.0% | 26 |
| 19 | Nasu Town Tochigi |
¥21K/m² | ¥8,613/m² | −1.3% | −7.9% | 19 |
| 20 | Motegi Town Tochigi |
¥21K/m² | ¥12K/m² | −2.9% | −14.5% | 12 |
| 21 | Nasukarasuyama City Tochigi |
¥20K/m² | ¥11K/m² | −2.9% | −13.4% | 12 |
| 22 | Ichikai Town Tochigi |
¥19K/m² | ¥14K/m² | −2.2% | −11.8% | 16 |
| 23 | Shioya Town Tochigi |
¥18K/m² | ¥10K/m² | −1.5% | −8.1% | 21 |
| 24 | Nakagawa Town Tochigi |
¥16K/m² | ¥10K/m² | −2.5% | −10.9% | 14 |
24 areas · calculated Nov 5, 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.