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
1301Otake City
Hiroshima
+1.1% ¥54K/m² +3.9% 61
1302Yahaba Town
Iwate
+1.1% ¥43K/m² +12.4% 76
1303Yokkaichi City
Mie
+1.1% ¥50K/m² +4.4% 73
1304Hofu City
Yamaguchi
+1.1% ¥27K/m² +3.4% 63
1305Shisui Town
Chiba
+1.1% ¥46K/m² +5.5% 60
1306Tendo City
Yamagata
+1.1% ¥37K/m² +5.9% 71
1307Fujiidera City
Osaka
+1.1% ¥136K/m² +3.9% 71
1308Inakadate Village
Aomori
+1.2% ¥8,060/m² +1.3% 49
1309Higashimatsushima City
Miyagi
+1.2% ¥30K/m² +5.8% 68
1310Mishima City
Shizuoka
+1.2% ¥106K/m² +2.9% 72
1311Seto City
Aichi
+1.2% ¥61K/m² +5.2% 69
1312Yamanakako Village
Yamanashi
+1.2% ¥16K/m² +4.2% 49
1313Kamimine Town
Saga
+1.2% ¥21K/m² +4.1% 56
1314Komatsu City
Ishikawa
+1.2% ¥31K/m² +6.0% 63
1315Ikoma City
Nara
+1.2% ¥98K/m² +4.3% 73
1316Matsumoto City
Nagano
+1.2% ¥48K/m² +3.5% 74
1317Sayama City
Saitama
+1.2% ¥113K/m² +3.9% 70
1318Oyamazaki Town
Kyoto
+1.2% ¥154K/m² +8.7% 68
1319Kurashiki City
Okayama
+1.2% ¥51K/m² +5.3% 75
1320Sanda City
Hyogo
+1.3% ¥55K/m² +2.4% 68
1321Kishiwada City
Osaka
+1.3% ¥91K/m² +3.1% 71
1322Atsubetsu Ward
Sapporo City, Hokkaido
+1.3% ¥115K/m² +38.7% 87
1323Yufu City
Oita
+1.3% ¥23K/m² +3.4% 63
1324Hamura City
Tokyo
+1.3% ¥147K/m² +10.3% 74
1325Toyama City
Toyama
+1.3% ¥45K/m² +5.2% 73
1326Toride City
Ibaraki
+1.3% ¥45K/m² +0.9% 68
1327Kikuchi City
Kumamoto
+1.3% ¥16K/m² +12.1% 63
1328Obuse Town
Nagano
+1.3% ¥35K/m² +4.7% 62
1329Morioka City
Iwate
+1.3% ¥56K/m² +9.5% 76
1330Suruga Ward
Shizuoka City, Shizuoka
+1.3% ¥129K/m² +3.4% 76
1331Miura City
Kanagawa
+1.4% ¥66K/m² +1.3% 64
1332Shiwa Town
Iwate
+1.4% ¥38K/m² +13.3% 75
1333Utsunomiya City
Tochigi
+1.4% ¥65K/m² +4.6% 74
1334Nishinoomote City
Kagoshima
+1.4% ¥15K/m² +2.2% 50
1335Izumi City
Osaka
+1.4% ¥82K/m² +3.8% 72
1336Hakusan City
Ishikawa
+1.4% ¥47K/m² +7.9% 67
1337Hiji Town
Oita
+1.4% ¥28K/m² +2.5% 62
1338Iruma City
Saitama
+1.4% ¥106K/m² +5.2% 73
1339Nishihara Village
Kumamoto
+1.4% ¥17K/m² +14.3% 58
1340Kakogawa City
Hyogo
+1.5% ¥78K/m² +4.7% 72
1341Okazaki City
Aichi
+1.5% ¥112K/m² +11.5% 78
1342Waki Town
Yamaguchi
+1.5% ¥68K/m² +5.7% 64
1343Oamishirasato City
Chiba
+1.5% ¥30K/m² +5.0% 66
1344Owariasahi City
Aichi
+1.5% ¥111K/m² +9.7% 72
1345Agui Town
Aichi
+1.5% ¥70K/m² +8.2% 65
1346Konan City
Aichi
+1.5% ¥83K/m² +6.4% 69
1347Uto City
Kumamoto
+1.5% ¥39K/m² +6.2% 68
1348Kitanagoya City
Aichi
+1.5% ¥116K/m² +8.5% 74
1349Miyaki Town
Saga
+1.5% ¥23K/m² +4.4% 60
1350Miyazaki City
Miyazaki
+1.5% ¥50K/m² +3.6% 74
1351Oyama City
Tochigi
+1.5% ¥41K/m² +4.5% 72
1352Konan Ward
Niigata City, Niigata
+1.5% ¥45K/m² +7.2% 66
1353Iizuka City
Fukuoka
+1.5% ¥23K/m² +13.9% 66
1354Takahama City
Aichi
+1.5% ¥96K/m² +13.3% 71
1355Omihachiman City
Shiga
+1.5% ¥50K/m² +3.7% 71
1356Odawara City
Kanagawa
+1.5% ¥105K/m² +3.0% 75
1357Fukushima City
Fukushima
+1.6% ¥49K/m² +5.2% 74
1358Nagayo Town
Nagasaki
+1.6% ¥56K/m² +7.0% 69
1359Soja City
Okayama
+1.6% ¥38K/m² +7.4% 70
1360Osakasayama City
Osaka
+1.6% ¥106K/m² +6.4% 69
1361Nagaizumi Town
Shizuoka
+1.6% ¥121K/m² +5.3% 73
1362Sasebo City
Nagasaki
+1.6% ¥34K/m² +5.7% 69
1363Kyotanabe City
Kyoto
+1.6% ¥110K/m² +7.0% 76
1364Ohira Village
Miyagi
+1.6% ¥21K/m² +5.9% 66
1365Ageo City
Saitama
+1.6% ¥121K/m² +8.1% 81
1366Izumisano City
Osaka
+1.6% ¥65K/m² +4.8% 71
1367Kita Ward
Sapporo City, Hokkaido
+1.6% ¥93K/m² +41.7% 87
1368Kamisu City
Ibaraki
+1.6% ¥18K/m² +5.4% 63
1369Katano City
Osaka
+1.6% ¥117K/m² +7.7% 74
1370Memuro Town
Hokkaido
+1.6% ¥21K/m² +31.5% 74
1371Azumino City
Nagano
+1.6% ¥26K/m² +4.3% 68
1372Yawata City
Kyoto
+1.7% ¥84K/m² +5.0% 69
1373Togane City
Chiba
+1.7% ¥25K/m² +3.4% 60
1374Tokoname City
Aichi
+1.7% ¥49K/m² +3.2% 65
1375Nishi Ward
Kumamoto City, Kumamoto
+1.7% ¥65K/m² +7.0% 74
1376Fussa City
Tokyo
+1.7% ¥173K/m² +7.3% 76
1377Sakura Ward
Saitama City, Saitama
+1.7% ¥168K/m² +7.5% 79
1378Kumiyama Town
Kyoto
+1.7% ¥78K/m² +21.2% 68
1379Kagamiishi Town
Fukushima
+1.8% ¥21K/m² +6.1% 67
1380Iwatsuki Ward
Saitama City, Saitama
+1.8% ¥95K/m² +9.2% 74
1381Noda City
Chiba
+1.8% ¥56K/m² +10.3% 71
1382Komaki City
Aichi
+1.8% ¥91K/m² +8.5% 73
1383Matsukawa Village
Nagano
+1.8% ¥17K/m² +3.7% 55
1384Mizuho Town
Tokyo
+1.8% ¥99K/m² +8.5% 68
1385Nara City
Nara
+1.8% ¥104K/m² +7.4% 79
1386Hiezu Village
Tottori
+1.9% ¥26K/m² +6.0% 59
1387Mashiki Town
Kumamoto
+1.9% ¥40K/m² +11.7% 72
1388Takayama City
Gifu
+1.9% ¥34K/m² +3.1% 67
1389Kameoka City
Kyoto
+1.9% ¥78K/m² +3.8% 70
1390Ogori City
Fukuoka
+1.9% ¥63K/m² +35.3% 75
1391Daito City
Osaka
+1.9% ¥142K/m² +10.1% 79
1392Samukawa Town
Kanagawa
+1.9% ¥132K/m² +15.6% 75
1393Shijonawate City
Osaka
+1.9% ¥113K/m² +6.7% 74
1394Handa City
Aichi
+2.0% ¥82K/m² +6.7% 71
1395Ogi City
Saga
+2.0% ¥23K/m² +4.5% 64
1396Minami Ward
Okayama City, Okayama
+2.0% ¥51K/m² +7.2% 72
1397Yoshinogari Town
Saga
+2.0% ¥20K/m² +10.1% 60
1398Higashiura Town
Aichi
+2.0% ¥92K/m² +15.3% 72
1399Isahaya City
Nagasaki
+2.0% ¥33K/m² +6.0% 68
1400Kita Ward
Kumamoto City, Kumamoto
+2.0% ¥51K/m² +9.9% 70

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.