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
1501Nanporo Town
Hokkaido
+3.1% ¥6,200/m² +3.8% 48
1502Harima Town
Hyogo
+3.1% ¥84K/m² +10.2% 69
1503Higashimurayama City
Tokyo
+3.1% ¥210K/m² +11.4% 85
1504Kashima Town
Kumamoto
+3.1% ¥43K/m² +11.5% 69
1505Minami Ward
Sakai City, Osaka
+3.2% ¥99K/m² +7.8% 76
1506Sakura City
Chiba
+3.2% ¥68K/m² +8.5% 77
1507Nishi Ward
Kobe City, Hyogo
+3.2% ¥83K/m² +13.8% 80
1508Izumi Ward
Yokohama City, Kanagawa
+3.2% ¥223K/m² +14.0% 86
1509Kita Ward
Okayama City, Okayama
+3.2% ¥83K/m² +13.6% 83
1510Ichinomiya City
Aichi
+3.2% ¥88K/m² +13.8% 78
1511Tatsugo Town
Kagoshima
+3.2% ¥13K/m² +13.8% 58
1512Nakagawa City
Fukuoka
+3.2% ¥80K/m² +19.5% 76
1513Koriyama City
Fukushima
+3.2% ¥65K/m² +16.7% 83
1514Omura City
Nagasaki
+3.2% ¥38K/m² +12.2% 74
1515Ayase City
Kanagawa
+3.3% ¥133K/m² +13.9% 78
1516Amagasaki City
Hyogo
+3.3% ¥209K/m² +16.5% 88
1517Mizuho Ward
Nagoya City, Aichi
+3.3% ¥278K/m² +18.0% 87
1518Konan Ward
Yokohama City, Kanagawa
+3.3% ¥223K/m² +11.8% 85
1519Meito Ward
Nagoya City, Aichi
+3.3% ¥236K/m² +17.5% 86
1520Totsuka Ward
Yokohama City, Kanagawa
+3.3% ¥220K/m² +13.0% 87
1521Kisarazu City
Chiba
+3.3% ¥40K/m² +14.7% 79
1522Kodaira City
Tokyo
+3.3% ¥259K/m² +11.6% 87
1523Midori Ward
Yokohama City, Kanagawa
+3.3% ¥245K/m² +12.7% 87
1524Naka Ward
Sakai City, Osaka
+3.3% ¥115K/m² +12.2% 77
1525Kanazawa Ward
Yokohama City, Kanagawa
+3.3% ¥203K/m² +12.7% 84
1526Zama City
Kanagawa
+3.3% ¥165K/m² +13.1% 82
1527Settsu City
Osaka
+3.4% ¥173K/m² +10.1% 83
1528Ogimi Village
Okinawa
+3.4% ¥11K/m² +8.8% 52
1529Kitahiroshima City
Hokkaido
+3.4% ¥46K/m² +81.2% 86
1530Ritto City
Shiga
+3.4% ¥79K/m² +12.5% 77
1531Uji City
Kyoto
+3.4% ¥124K/m² +12.3% 82
1532Koshigaya City
Saitama
+3.4% ¥152K/m² +12.7% 86
1533Isogo Ward
Yokohama City, Kanagawa
+3.4% ¥206K/m² +12.7% 86
1534Sakyo Ward
Kyoto City, Kyoto
+3.4% ¥281K/m² +11.4% 88
1535Machida City
Tokyo
+3.4% ¥170K/m² +9.3% 86
1536Atami City
Shizuoka
+3.4% ¥56K/m² +11.7% 75
1537Higashikagura Town
Hokkaido
+3.4% ¥15K/m² +9.5% 65
1538Yashio City
Saitama
+3.4% ¥138K/m² +15.3% 82
1539Fujimi City
Saitama
+3.4% ¥208K/m² +15.0% 85
1540Ami Town
Ibaraki
+3.4% ¥30K/m² +8.8% 73
1541Fujimino City
Saitama
+3.4% ¥210K/m² +15.0% 85
1542Nagaokakyo City
Kyoto
+3.5% ¥212K/m² +16.2% 84
1543Tobata Ward
Kitakyushu City, Fukuoka
+3.5% ¥85K/m² +14.2% 74
1544Miyoshi Town
Saitama
+3.5% ¥164K/m² +14.5% 77
1545Yamashina Ward
Kyoto City, Kyoto
+3.5% ¥147K/m² +10.6% 82
1546Minami Ward
Saitama City, Saitama
+3.5% ¥299K/m² +16.2% 90
1547Hyogo Ward
Kobe City, Hyogo
+3.5% ¥211K/m² +14.5% 87
1548Tomakomai City
Hokkaido
+3.5% ¥21K/m² +10.6% 69
1549Ichikawa City
Chiba
+3.5% ¥319K/m² +38.7% 93
1550Mihara Ward
Sakai City, Osaka
+3.5% ¥78K/m² +10.5% 77
1551Minoo City
Osaka
+3.6% ¥207K/m² +13.4% 85
1552Kita Ward
Kyoto City, Kyoto
+3.6% ¥295K/m² +12.1% 85
1553Moriyama Ward
Nagoya City, Aichi
+3.6% ¥143K/m² +17.1% 82
1554Higashi Ward
Kumamoto City, Kumamoto
+3.7% ¥80K/m² +17.3% 78
1555Nishi Ward
Hiroshima City, Hiroshima
+3.7% ¥171K/m² +17.9% 85
1556Itami City
Hyogo
+3.7% ¥199K/m² +14.8% 86
1557Chuo Ward
Saitama City, Saitama
+3.7% ¥312K/m² +15.9% 88
1558Seya Ward
Yokohama City, Kanagawa
+3.7% ¥198K/m² +14.7% 85
1559Nishi Ward
Sakai City, Osaka
+3.8% ¥149K/m² +14.4% 83
1560Inagi City
Tokyo
+3.8% ¥268K/m² +16.2% 87
1561Atsugi City
Kanagawa
+3.8% ¥129K/m² +19.4% 85
1562Tsukubamirai City
Ibaraki
+3.8% ¥58K/m² +15.9% 82
1563Beppu City
Oita
+3.8% ¥45K/m² +7.9% 71
1564Tama City
Tokyo
+3.8% ¥200K/m² +11.5% 84
1565Mizumaki Town
Fukuoka
+3.8% ¥38K/m² +19.4% 73
1566Akishima City
Tokyo
+3.8% ¥210K/m² +13.6% 85
1567Tsuzuki Ward
Yokohama City, Kanagawa
+3.9% ¥304K/m² +15.4% 90
1568Ichihara City
Chiba
+3.9% ¥55K/m² +15.4% 79
1569Moriyama City
Shiga
+4.0% ¥98K/m² +13.7% 77
1570Muko City
Kyoto
+4.0% ¥212K/m² +16.4% 85
1571Takaishi City
Osaka
+4.0% ¥143K/m² +14.2% 79
1572Asaka City
Saitama
+4.0% ¥274K/m² +17.1% 89
1573Iwanuma City
Miyagi
+4.0% ¥58K/m² +29.3% 86
1574Inzai City
Chiba
+4.0% ¥51K/m² +13.2% 77
1575Sakai Ward
Sakai City, Osaka
+4.0% ¥185K/m² +18.7% 87
1576Showa Ward
Nagoya City, Aichi
+4.0% ¥332K/m² +18.4% 89
1577Hirano Ward
Osaka City, Osaka
+4.0% ¥194K/m² +9.9% 83
1578Wako City
Saitama
+4.0% ¥294K/m² +18.5% 88
1579Koga City
Fukuoka
+4.1% ¥79K/m² +47.8% 79
1580Ikuno Ward
Osaka City, Osaka
+4.1% ¥197K/m² +11.2% 83
1581Hanamigawa Ward
Chiba City, Chiba
+4.1% ¥151K/m² +13.5% 80
1582Tama Ward
Kawasaki City, Kanagawa
+4.1% ¥274K/m² +15.2% 89
1583Asahi Ward
Yokohama City, Kanagawa
+4.2% ¥220K/m² +16.0% 86
1584Koshi City
Kumamoto
+4.2% ¥55K/m² +37.0% 83
1585Fushimi Ward
Kyoto City, Kyoto
+4.2% ¥162K/m² +15.0% 85
1586Nishitokyo City
Tokyo
+4.2% ¥324K/m² +14.9% 90
1587Tosu City
Saga
+4.2% ¥51K/m² +24.1% 77
1588Taihaku Ward
Sendai City, Miyagi
+4.2% ¥121K/m² +28.9% 90
1589Taisho Ward
Osaka City, Osaka
+4.2% ¥208K/m² +12.9% 84
1590Abiko City
Chiba
+4.3% ¥101K/m² +21.5% 83
1591Obu City
Aichi
+4.3% ¥157K/m² +29.7% 83
1592Tomisato City
Chiba
+4.3% ¥44K/m² +17.3% 74
1593Nishinomiya City
Hyogo
+4.3% ¥293K/m² +16.0% 91
1594Yomitan Village
Okinawa
+4.3% ¥80K/m² +18.7% 78
1595Hachioji City
Tokyo
+4.4% ¥136K/m² +12.9% 86
1596Yachiyo City
Chiba
+4.4% ¥118K/m² +12.0% 82
1597Hodogaya Ward
Yokohama City, Kanagawa
+4.4% ¥225K/m² +18.1% 88
1598Higashisumiyoshi Ward
Osaka City, Osaka
+4.4% ¥261K/m² +11.9% 86
1599Soka City
Saitama
+4.4% ¥163K/m² +17.6% 87
1600Shingu Town
Fukuoka
+4.4% ¥96K/m² +46.3% 84

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.