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)

RankAreaFallingAvg. residential5 yearsIndex
1101Miyawaka City
Fukuoka
+0.2% ¥13K/m² +6.0% 52
1102Asakuchi City
Okayama
+0.2% ¥29K/m² −0.1% 56
1103Ueda City
Nagano
+0.2% ¥34K/m² −0.5% 63
1104Komono Town
Mie
+0.2% ¥33K/m² +1.3% 60
1105Shichigahama Town
Miyagi
+0.3% ¥37K/m² +0.8% 64
1106Kasumigaura City
Ibaraki
+0.3% ¥18K/m² ±0.0% 54
1107Shiraoka City
Saitama
+0.3% ¥85K/m² +1.4% 67
1108Sagae City
Yamagata
+0.3% ¥27K/m² +0.9% 61
1109Misawa City
Aomori
+0.3% ¥19K/m² +0.8% 56
1110Miyakonojo City
Miyazaki
+0.3% ¥17K/m² −0.7% 54
1111Yamae Village
Kumamoto
+0.3% ¥5,517/m² +0.8% 37
1112Mikawa Town
Yamagata
+0.3% ¥12K/m² +0.1% 50
1113Hidaka City
Saitama
+0.3% ¥50K/m² +1.2% 65
1114Kurate Town
Fukuoka
+0.3% ¥17K/m² +4.7% 52
1115Moji Ward
Kitakyushu City, Fukuoka
+0.3% ¥53K/m² +2.9% 63
1116Yoshioka Town
Gunma
+0.3% ¥33K/m² +0.7% 57
1117Tomika Town
Gifu
+0.3% ¥20K/m² −0.5% 47
1118Oharu Town
Aichi
+0.3% ¥79K/m² +0.1% 60
1119Akiruno City
Tokyo
+0.3% ¥95K/m² +3.1% 70
1120Kawachinagano City
Osaka
+0.3% ¥64K/m² +0.4% 62
1121Wakayama City
Wakayama
+0.3% ¥66K/m² +0.1% 67
1122Tateyama City
Chiba
+0.3% ¥27K/m² ±0.0% 60
1123Gotenba City
Shizuoka
+0.3% ¥66K/m² +0.4% 64
1124Uchinada Town
Ishikawa
+0.3% ¥45K/m² +7.9% 67
1125Iwakuni City
Yamaguchi
+0.3% ¥39K/m² +0.9% 63
1126Matsuyama City
Ehime
+0.3% ¥86K/m² ±0.0% 69
1127Saka Town
Hiroshima
+0.3% ¥74K/m² +2.1% 64
1128Nomi City
Ishikawa
+0.3% ¥24K/m² +0.8% 58
1129Hirosaki City
Aomori
+0.3% ¥27K/m² +0.9% 61
1130Yabuki Town
Fukushima
+0.3% ¥19K/m² −1.2% 53
1131Ogawara Town
Miyagi
+0.3% ¥36K/m² +7.8% 70
1132Oizumi Town
Gunma
+0.3% ¥30K/m² ±0.0% 59
1133Kameyama City
Mie
+0.3% ¥26K/m² +1.3% 57
1134Kizugawa City
Kyoto
+0.3% ¥61K/m² −2.7% 58
1135Yamatokoriyama City
Nara
+0.3% ¥72K/m² +2.0% 66
1136Kawagoe Town
Mie
+0.4% ¥46K/m² +2.8% 61
1137Higashi Ward
Okayama City, Okayama
+0.4% ¥33K/m² +0.7% 64
1138Mizuho City
Gifu
+0.4% ¥50K/m² −0.4% 58
1139Sakado City
Saitama
+0.4% ¥83K/m² +3.0% 67
1140Kanegasaki Town
Iwate
+0.4% ¥20K/m² +2.2% 59
1141Konosu City
Saitama
+0.4% ¥66K/m² +1.2% 66
1142Fukaya City
Saitama
+0.4% ¥40K/m² +0.8% 61
1143Yachimata City
Chiba
+0.4% ¥21K/m² −2.1% 51
1144Fuso Town
Aichi
+0.4% ¥72K/m² +2.6% 66
1145Kato City
Hyogo
+0.4% ¥27K/m² +1.0% 59
1146Hakodate City
Hokkaido
+0.4% ¥36K/m² −1.5% 60
1147Koka City
Shiga
+0.4% ¥22K/m² −0.6% 57
1148Kashiwara City
Osaka
+0.4% ¥101K/m² +0.7% 65
1149Sukagawa City
Fukushima
+0.4% ¥27K/m² +3.2% 64
1150Honjo City
Saitama
+0.4% ¥39K/m² +0.7% 60
1151Shibetsu Town
Hokkaido
+0.4% ¥5,167/m² +0.3% 44
1152Oji Town
Nara
+0.4% ¥72K/m² +0.8% 65
1153Kadogawa Town
Miyazaki
+0.4% ¥16K/m² +0.2% 49
1154Satosho Town
Okayama
+0.4% ¥29K/m² +0.1% 53
1155Tagawa City
Fukuoka
+0.4% ¥19K/m² +1.6% 54
1156Kanda Town
Fukuoka
+0.4% ¥33K/m² +6.6% 62
1157Miki City
Hyogo
+0.4% ¥30K/m² +1.1% 57
1158Keisen Town
Fukuoka
+0.4% ¥17K/m² +9.0% 53
1159Tateyama Town
Toyama
+0.4% ¥19K/m² −1.7% 48
1160Kashiba City
Nara
+0.4% ¥82K/m² +1.2% 67
1161Mimata Town
Miyazaki
+0.4% ¥16K/m² +1.2% 55
1162Tajimi City
Gifu
+0.4% ¥38K/m² +1.4% 65
1163Matsue City
Shimane
+0.4% ¥45K/m² +1.5% 67
1164Hirokawa Town
Fukuoka
+0.4% ¥22K/m² +9.8% 59
1165Ogaki City
Gifu
+0.4% ¥50K/m² −1.1% 63
1166Shimizu Town
Shizuoka
+0.5% ¥113K/m² +0.1% 64
1167Tadaoka Town
Osaka
+0.5% ¥89K/m² +2.6% 59
1168Kanzaki City
Saga
+0.5% ¥15K/m² +2.1% 52
1169Obihiro City
Hokkaido
+0.5% ¥36K/m² +36.9% 77
1170Izumo City
Shimane
+0.5% ¥25K/m² +0.7% 61
1171Setouchi Town
Kagoshima
+0.5% ¥23K/m² +2.4% 52
1172Tsu City
Mie
+0.5% ¥41K/m² +1.3% 66
1173Inagawa Town
Hyogo
+0.5% ¥42K/m² ±0.0% 54
1174Tajiri Town
Osaka
+0.5% ¥56K/m² +0.6% 58
1175Shibayama Town
Chiba
+0.5% ¥12K/m² +4.3% 51
1176Kanie Town
Aichi
+0.5% ¥86K/m² +5.5% 65
1177Takasago City
Hyogo
+0.5% ¥63K/m² +2.3% 64
1178Matsubara City
Osaka
+0.5% ¥117K/m² +4.5% 73
1179Arao City
Kumamoto
+0.5% ¥22K/m² +2.2% 55
1180Kawatana Town
Nagasaki
+0.5% ¥19K/m² +0.6% 49
1181Biei Town
Hokkaido
+0.5% ¥9,960/m² +0.7% 49
1182Betsukai Town
Hokkaido
+0.5% ¥5,933/m² +3.0% 49
1183Himeji City
Hyogo
+0.5% ¥68K/m² +0.8% 68
1184Fujisaki Town
Aomori
+0.5% ¥11K/m² +1.2% 50
1185Eiheiji Town
Fukui
+0.5% ¥27K/m² −1.2% 51
1186Kosai City
Shizuoka
+0.5% ¥53K/m² +1.4% 65
1187Ono City
Hyogo
+0.5% ¥37K/m² +3.1% 65
1188Abira Town
Hokkaido
+0.5% ¥5,198/m² −9.5% 24
1189Amami City
Kagoshima
+0.5% ¥42K/m² +1.1% 61
1190Ginan Town
Gifu
+0.5% ¥58K/m² +2.9% 64
1191Aira City
Kagoshima
+0.5% ¥22K/m² −0.1% 59
1192Teine Ward
Sapporo City, Hokkaido
+0.5% ¥75K/m² +45.3% 83
1193Asakura City
Fukuoka
+0.5% ¥21K/m² +7.4% 57
1194Koga City
Ibaraki
+0.5% ¥37K/m² +1.9% 66
1195Oi Town
Kanagawa
+0.5% ¥61K/m² −1.2% 55
1196Miyama City
Fukuoka
+0.5% ¥16K/m² +1.4% 53
1197Masaki Town
Ehime
+0.5% ¥65K/m² −0.2% 62
1198Yamaguchi City
Yamaguchi
+0.5% ¥31K/m² +1.6% 64
1199Matsubushi Town
Saitama
+0.6% ¥58K/m² +2.2% 67
1200Aomori City
Aomori
+0.6% ¥35K/m² +1.4% 65

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.