Where land prices are falling in Japan

Municipalities ranked by the lowest average year-on-year change of survey sites.

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Rank	Area	Falling	Avg. residential	5 years	Index
901	Tamana City Kumamoto	−0.2%	¥19K/m²	−1.1%	50
902	Sakurai City Nara	−0.2%	¥50K/m²	−2.5%	53
903	Usa City Oita	−0.2%	¥9,867/m²	−2.2%	45
904	Naganuma Town Hokkaido	−0.2%	¥10K/m²	−2.8%	37
905	Oura Town Gunma	−0.2%	¥24K/m²	−3.2%	47
906	Oarai Town Ibaraki	−0.2%	¥23K/m²	−3.4%	47
907	Tsuru City Yamanashi	−0.2%	¥39K/m²	−1.5%	52
908	Asahi City Chiba	−0.2%	¥16K/m²	−0.7%	50
909	Aioi City Hyogo	−0.2%	¥40K/m²	−2.2%	51
910	Minokamo City Gifu	−0.2%	¥31K/m²	−0.6%	56
911	Ikeda Town Nagano	−0.2%	¥11K/m²	−1.6%	38
912	Kirishima City Kagoshima	−0.2%	¥17K/m²	−3.0%	51
913	Ise City Mie	−0.2%	¥30K/m²	−3.0%	55
914	Ayabe City Kyoto	−0.2%	¥28K/m²	−0.3%	53
915	Matsusaka City Mie	−0.2%	¥29K/m²	−2.5%	55
916	Inabe City Mie	−0.2%	¥20K/m²	−2.4%	50
917	Hamana-ku Hamamatsu City, Shizuoka	−0.2%	¥49K/m²	−0.9%	57
918	Fukuchiyama City Kyoto	−0.2%	¥32K/m²	−0.6%	60
919	Namegata City Ibaraki	−0.2%	¥7,026/m²	−3.0%	36
920	Shoo Town Okayama	−0.2%	¥21K/m²	−0.5%	44
921	Shibata Town Miyagi	−0.2%	¥32K/m²	+4.2%	63
922	Chikusei City Ibaraki	−0.2%	¥21K/m²	−1.5%	51
923	Sakata City Yamagata	−0.2%	¥21K/m²	−0.1%	54
924	Ebetsu City Hokkaido	−0.2%	¥46K/m²	+61.4%	76
925	Moroyama Town Saitama	−0.2%	¥37K/m²	−1.8%	56
926	Fuji City Shizuoka	−0.2%	¥60K/m²	−2.0%	61
927	Tako Town Chiba	−0.2%	¥10K/m²	−0.5%	41
928	Nagomi Town Kumamoto	−0.2%	¥4,796/m²	−2.3%	32
929	Shimanto City Kochi	−0.2%	¥25K/m²	−2.0%	51
930	Kanuma City Tochigi	−0.2%	¥25K/m²	−3.6%	48
931	Chikuma City Nagano	−0.2%	¥29K/m²	−2.6%	52
932	Itako City Ibaraki	−0.2%	¥12K/m²	−2.5%	42
933	Kakamigahara City Gifu	−0.2%	¥47K/m²	−1.8%	56
934	Hitachiomiya City Ibaraki	−0.2%	¥13K/m²	−2.7%	41
935	Midori City Gunma	−0.2%	¥19K/m²	−4.0%	44
936	Engaru Town Hokkaido	−0.2%	¥8,796/m²	−2.8%	39
937	Fukuchi Town Fukuoka	−0.2%	¥10K/m²	+1.0%	40
938	Tamba Sasayama City Hyogo	−0.2%	¥19K/m²	−1.6%	49
939	Fukuroi City Shizuoka	−0.2%	¥42K/m²	−0.8%	60
940	Taishi Town Osaka	−0.1%	¥48K/m²	−1.9%	52
941	Miki Town Kagawa	−0.1%	¥23K/m²	−2.2%	49
942	Katsuragi City Nara	−0.1%	¥55K/m²	−1.7%	55
943	Tottori City Tottori	−0.1%	¥33K/m²	−2.7%	57
944	Kani City Gifu	−0.1%	¥32K/m²	−1.1%	52
945	Nishi Ward Niigata City, Niigata	−0.1%	¥57K/m²	±0.0%	62
946	Sakawa Town Kochi	−0.1%	¥23K/m²	−1.6%	49
947	Nan-yo City Yamagata	−0.1%	¥19K/m²	−0.9%	51
948	Kasamatsu Town Gifu	−0.1%	¥41K/m²	−1.6%	54
949	Sanmu City Chiba	−0.1%	¥13K/m²	−1.1%	49
950	Watari Town Miyagi	−0.1%	¥27K/m²	+3.5%	59
951	Atsuma Town Hokkaido	−0.1%	¥5,219/m²	−4.0%	30
952	Hokota City Ibaraki	−0.1%	¥9,906/m²	−2.9%	39
953	Yokoze Town Saitama	−0.1%	¥32K/m²	−2.3%	47
954	Yamakita Town Kanagawa	−0.1%	¥38K/m²	−3.9%	43
955	Higashiomi City Shiga	−0.1%	¥29K/m²	−2.4%	56
956	Ito City Shizuoka	−0.1%	¥45K/m²	−2.7%	55
957	Tanabe City Wakayama	−0.1%	¥43K/m²	−1.9%	58
958	Kai City Yamanashi	−0.1%	¥35K/m²	−1.3%	58
959	Gyokuto Town Kumamoto	−0.1%	¥12K/m²	−2.6%	37
960	Sakai City Fukui	−0.1%	¥26K/m²	−3.3%	52
961	Tamaki Town Mie	−0.1%	¥18K/m²	−2.7%	42
962	Chuo City Yamanashi	−0.1%	¥29K/m²	−0.7%	52
963	Minami Alps City Yamanashi	−0.1%	¥21K/m²	−1.9%	51
964	Yonezawa City Yamagata	−0.1%	¥19K/m²	−0.6%	52
965	Shonai Town Yamagata	−0.1%	¥11K/m²	−1.5%	42
966	Nobeoka City Miyazaki	−0.1%	¥28K/m²	−1.4%	58
967	Shimizu Ward Shizuoka City, Shizuoka	−0.1%	¥86K/m²	−2.7%	61
968	Yuki City Ibaraki	−0.1%	¥28K/m²	+0.1%	58
969	Kamisato Town Saitama	−0.1%	¥31K/m²	+1.3%	57
970	Tobishima Village Aichi	−0.1%	¥33K/m²	+14.6%	58
971	Sakai Town Ibaraki	−0.1%	¥21K/m²	+1.0%	56
972	Nagasu Town Kumamoto	−0.1%	¥13K/m²	±0.0%	44
973	Nakama City Fukuoka	−0.1%	¥28K/m²	+0.5%	57
974	Tonami City Toyama	−0.1%	¥33K/m²	−1.0%	56
975	Utazu Town Kagawa	−0.1%	¥34K/m²	−2.1%	47
976	Kuki City Saitama	−0.1%	¥60K/m²	−0.2%	63
977	Inuyama City Aichi	−0.1%	¥64K/m²	+1.7%	64
978	Yaizu City Shizuoka	−0.1%	¥47K/m²	−3.6%	53
979	Marugame City Kagawa	−0.1%	¥35K/m²	−1.7%	56
980	Tsugaru City Aomori	−0.1%	¥6,750/m²	−0.9%	39
981	Mizunami City Gifu	±0.0%	¥29K/m²	−1.7%	53
982	Tokai Village Ibaraki	±0.0%	¥35K/m²	−0.4%	60
983	Nakano City Nagano	±0.0%	¥27K/m²	−2.4%	51
984	Anpachi Town Gifu	±0.0%	¥35K/m²	−0.6%	51
985	Gifu City Gifu	±0.0%	¥68K/m²	−0.7%	67
986	Namegawa Town Saitama	±0.0%	¥52K/m²	+0.9%	61
987	Aizuwakamatsu City Fukushima	±0.0%	¥35K/m²	−0.6%	60
988	Tsushima City Aichi	±0.0%	¥59K/m²	−1.3%	56
989	Takanezawa Town Tochigi	±0.0%	¥28K/m²	−1.3%	56
990	Kushiro City Hokkaido	±0.0%	¥17K/m²	−0.2%	52
991	Toin Town Mie	±0.0%	¥31K/m²	+0.1%	55
992	Nakatsu City Oita	±0.0%	¥17K/m²	−1.5%	49
993	Hita City Oita	±0.0%	¥19K/m²	−2.5%	51
994	Kitajima Town Tokushima	±0.0%	¥50K/m²	+1.4%	61
995	Kikugawa City Shizuoka	±0.0%	¥34K/m²	−0.8%	56
996	Chino City Nagano	±0.0%	¥25K/m²	−4.1%	49
997	Kaminokawa Town Tochigi	±0.0%	¥30K/m²	−0.9%	56
998	Akiha Ward Niigata City, Niigata	±0.0%	¥31K/m²	−0.7%	59
999	Kofu City Yamanashi	±0.0%	¥41K/m²	−0.7%	63
1000	Takasu Town Hokkaido	±0.0%	¥11K/m²	−4.0%	38

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.