Fudosan Zukan
日本語

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)

PrefecturesPrefectures: residentialPrefectures: commercialPrefectures: growthPrefectures: 5-year growthPrefectures: indexPrefectures: total value
Tokyo 23 wardsTokyo 23 wards: residentialTokyo 23 wards: commercialTokyo 23 wards: growthTokyo 23 wards: condos
CitiesCities: total valueCities: residentialCities: commercialRising fastestFalling5-year growthCondos per m²HousesForecast growthIndexUndervalued
RankAreaFallingAvg. residential5 yearsIndex
1201Yukuhashi City
Fukuoka
 +0.6% ¥30K/m² +2.8% 63
1202Toyohashi City
Aichi
 +0.6% ¥80K/m² +4.1% 71
1203Takamatsu City
Kagawa
 +0.6% ¥58K/m² +0.8% 69
1204Ashiya Town
Fukuoka
 +0.6% ¥25K/m² +1.5% 55
1205Yamagata City
Yamagata
 +0.6% ¥58K/m² +6.0% 73
1206Kiyota Ward
Sapporo City, Hokkaido
 +0.6% ¥80K/m² +43.0% 83
1207Ureshino City
Saga
 +0.6% ¥17K/m² +1.4% 47
1208Nanae Town
Hokkaido
 +0.6% ¥20K/m² +9.6% 64
1209Kuwana City
Mie
 +0.6% ¥53K/m² +1.6% 69
1210Aikawa Town
Kanagawa
 +0.6% ¥49K/m² −0.2% 61
1211Yoron Town
Kagoshima
 +0.6% ¥6,900/m² −0.3% 39
1212Nankoku City
Kochi
 +0.6% ¥50K/m² +1.8% 64
1213Saku City
Nagano
 +0.6% ¥26K/m² +0.3% 63
1214Matsuda Town
Kanagawa
 +0.6% ¥95K/m² +0.5% 61
1215Shimonoseki City
Yamaguchi
 +0.6% ¥36K/m² +2.0% 66
1216Fujieda City
Shizuoka
 +0.6% ¥61K/m² +0.9% 69
1217Higashine City
Yamagata
 +0.6% ¥29K/m² +4.4% 66
1218Hasuda City
Saitama
 +0.6% ¥94K/m² +3.3% 69
1219Yanagawa City
Fukuoka
 +0.6% ¥25K/m² +0.6% 58
1220Shiojiri City
Nagano
 +0.6% ¥40K/m² +2.4% 67
1221Kashihara City
Nara
 +0.6% ¥92K/m² +2.4% 68
1222Kawakita Town
Ishikawa
 +0.7% ¥27K/m² +0.5% 52
1223Komoro City
Nagano
 +0.7% ¥19K/m² +0.6% 56
1224Kaisei Town
Kanagawa
 +0.7% ¥101K/m² +0.6% 65
1225Oki Town
Fukuoka
 +0.7% ¥20K/m² +3.8% 55
1226Kitagata Town
Gifu
 +0.7% ¥46K/m² −1.4% 57
1227Tsuchiura City
Ibaraki
 +0.7% ¥32K/m² +2.0% 65
1228Asakita Ward
Hiroshima City, Hiroshima
 +0.7% ¥58K/m² +2.3% 66
1229Kumano Town
Hiroshima
 +0.7% ¥33K/m² −0.5% 58
1230Chita City
Aichi
 +0.7% ¥73K/m² +5.3% 67
1231Hasami Town
Nagasaki
 +0.7% ¥16K/m² +1.9% 49
1232Karatsu City
Saga
 +0.7% ¥23K/m² −0.5% 57
1233Shunan City
Yamaguchi
 +0.7% ¥37K/m² +1.8% 65
1234Otaru City
Hokkaido
 +0.7% ¥17K/m² +3.3% 59
1235Kumagaya City
Saitama
 +0.8% ¥51K/m² +1.8% 66
1236Hashima City
Gifu
 +0.8% ¥37K/m² +1.5% 65
1237Yugawara Town
Kanagawa
 +0.8% ¥69K/m² ±0.0% 59
1238Yoshikawa City
Saitama
 +0.8% ¥98K/m² +4.8% 72
1239Taishi Town
Hyogo
 +0.8% ¥57K/m² +3.1% 66
1240Imari City
Saga
 +0.8% ¥23K/m² +5.3% 61
1241Tsurugashima City
Saitama
 +0.8% ¥97K/m² +6.0% 71
1242Hyuga City
Miyazaki
 +0.8% ¥27K/m² +0.8% 60
1243Kashima City
Ibaraki
 +0.8% ¥20K/m² +0.4% 59
1244Oume City
Tokyo
 +0.8% ¥96K/m² +5.6% 72
1245Nagasaki City
Nagasaki
 +0.8% ¥62K/m² +4.7% 75
1246Tondabayashi City
Osaka
 +0.8% ¥78K/m² +3.6% 67
1247Ube City
Yamaguchi
 +0.8% ¥25K/m² +2.7% 62
1248Minami Ward
Sapporo City, Hokkaido
 +0.8% ¥59K/m² +26.7% 80
1249Kota Town
Aichi
 +0.8% ¥92K/m² +7.0% 71
1250Suzuka City
Mie
 +0.9% ¥38K/m² +2.9% 65
1251Mibu Town
Tochigi
 +0.9% ¥32K/m² +0.3% 62
1252Nishigo Village
Fukushima
 +0.9% ¥20K/m² +2.6% 61
1253Aki Ward
Hiroshima City, Hiroshima
 +0.9% ¥77K/m² +2.4% 68
1254Seika Town
Kyoto
 +0.9% ¥73K/m² +1.6% 65
1255Yao City
Osaka
 +0.9% ¥130K/m² +4.9% 78
1256Chuo-ku
Hamamatsu City, Shizuoka
 +0.9% ¥80K/m² +2.7% 72
1257Narusawa Village
Yamanashi
 +0.9% ¥10K/m² +3.3% 50
1258Nagano City
Nagano
 +0.9% ¥50K/m² +1.8% 72
1259Kagoshima City
Kagoshima
 +0.9% ¥96K/m² +3.0% 76
1260Shimotsuke City
Tochigi
 +0.9% ¥44K/m² +3.0% 69
1261Kokuraminami Ward
Kitakyushu City, Fukuoka
 +0.9% ¥58K/m² +5.3% 70
1262Uki City
Kumamoto
 +0.9% ¥22K/m² +4.4% 62
1263Tsuruga City
Fukui
 +0.9% ¥45K/m² +1.2% 64
1264Oguchi Town
Aichi
 +0.9% ¥70K/m² +4.0% 67
1265Kitamoto City
Saitama
 +0.9% ¥88K/m² +4.6% 66
1266Fukui City
Fukui
 +0.9% ¥53K/m² +3.0% 71
1267Iwakura City
Aichi
 +0.9% ¥114K/m² +5.0% 69
1268Okuma Town
Fukushima
 +0.9% ¥12K/m² — 46
1269Otofuke Town
Hokkaido
 +0.9% ¥26K/m² +26.9% 74
1270Kita Ward
Niigata City, Niigata
 +0.9% ¥33K/m² +3.6% 67
1271Tokai City
Aichi
 +0.9% ¥110K/m² +20.3% 77
1272Otama Village
Fukushima
 +0.9% ¥16K/m² +5.2% 62
1273Showa Town
Yamanashi
 +0.9% ¥52K/m² +5.0% 66
1274Ota City
Gunma
 +0.9% ¥37K/m² +2.2% 64
1275Minato Ward
Nagoya City, Aichi
 +0.9% ¥117K/m² +14.7% 75
1276Nishiki Town
Kumamoto
 +0.9% ¥7,423/m² +1.6% 45
1277Taketoyo Town
Aichi
 +1.0% ¥61K/m² +1.8% 61
1278Okegawa City
Saitama
 +1.0% ¥95K/m² +5.8% 73
1279Motomiya City
Fukushima
 +1.0% ¥19K/m² +0.2% 58
1280Nogata City
Fukuoka
 +1.0% ¥21K/m² +5.7% 58
1281Funahashi Village
Toyama
 +1.0% ¥23K/m² +4.5% 55
1282Takasaki City
Gunma
 +1.0% ¥56K/m² +2.0% 74
1283Asahi Town
Mie
 +1.0% ¥49K/m² +2.8% 61
1284Kudamatsu City
Yamaguchi
 +1.0% ¥42K/m² +3.2% 67
1285Higashihiroshima City
Hiroshima
 +1.0% ¥47K/m² +3.5% 72
1286Higashi Ward
Niigata City, Niigata
 +1.0% ¥70K/m² +6.2% 72
1287Ninomiya Town
Kanagawa
 +1.0% ¥87K/m² +0.2% 57
1288Ama City
Aichi
 +1.0% ¥73K/m² +1.9% 66
1289Toyoyama Town
Aichi
 +1.0% ¥97K/m² +6.3% 64
1290Hanno City
Saitama
 +1.0% ¥74K/m² +2.5% 67
1291Nakashibetsu Town
Hokkaido
 +1.1% ¥15K/m² +5.0% 60
1292Togo Town
Aichi
 +1.1% ¥115K/m² +11.1% 70
1293Oshino Village
Yamanashi
 +1.1% ¥24K/m² +2.7% 55
1294Toyota City
Aichi
 +1.1% ¥108K/m² +10.3% 79
1295Okagaki Town
Fukuoka
 +1.1% ¥29K/m² +5.6% 63
1296Kitakami City
Iwate
 +1.1% ¥31K/m² +4.8% 68
1297Hadano City
Kanagawa
 +1.1% ¥83K/m² +1.3% 67
1298Takeo City
Saga
 +1.1% ¥20K/m² +0.6% 58
1299Higashiosaka City
Osaka
 +1.1% ¥151K/m² +3.8% 78
1300Onga Town
Fukuoka
 +1.1% ¥30K/m² +7.6% 62

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.