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
1601Oita City
Oita
+4.4% ¥66K/m² +16.9% 82
1602Kusatsu Town
Gunma
+4.4% ¥20K/m² +5.1% 52
1603Takatsuki City
Osaka
+4.5% ¥176K/m² +12.5% 86
1604Nakamura Ward
Nagoya City, Aichi
+4.5% ¥254K/m² +27.6% 91
1605Taiwa Town
Miyagi
+4.5% ¥52K/m² +36.8% 86
1606Wakabayashi Ward
Sendai City, Miyagi
+4.5% ¥172K/m² +35.7% 92
1607Kita Ward
Sakai City, Osaka
+4.5% ¥228K/m² +19.4% 88
1608Higashi Ward
Sakai City, Osaka
+4.5% ¥142K/m² +18.1% 81
1609Toyonaka City
Osaka
+4.5% ¥246K/m² +15.6% 90
1610Ebina City
Kanagawa
+4.5% ¥177K/m² +17.1% 88
1611Nishiyodogawa Ward
Osaka City, Osaka
+4.6% ¥192K/m² +14.4% 85
1612Asao Ward
Kawasaki City, Kanagawa
+4.7% ¥226K/m² +15.5% 88
1613Naka Ward
Nagoya City, Aichi
+4.7% ¥1.20M/m² +30.4% 94
1614Higashi Ward
Nagoya City, Aichi
+4.7% ¥559K/m² +31.2% 93
1615Fuchu City
Tokyo
+4.7% ¥357K/m² +23.0% 92
1616Konohana Ward
Osaka City, Osaka
+4.7% ¥222K/m² +20.3% 86
1617Ibaraki City
Osaka
+4.8% ¥206K/m² +15.0% 87
1618Chigasaki City
Kanagawa
+4.8% ¥241K/m² +25.1% 92
1619Sue Town
Fukuoka
+4.8% ¥80K/m² +55.0% 76
1620Miyamae Ward
Kawasaki City, Kanagawa
+4.8% ¥296K/m² +15.5% 91
1621Kohoku Ward
Yokohama City, Kanagawa
+4.8% ¥378K/m² +20.4% 93
1622Okinawa City
Okinawa
+4.9% ¥89K/m² +21.7% 83
1623Fukutsu City
Fukuoka
+4.9% ¥61K/m² +38.2% 81
1624Suminoe Ward
Osaka City, Osaka
+4.9% ¥231K/m² +21.1% 86
1625Dazaifu City
Fukuoka
+4.9% ¥93K/m² +34.6% 81
1626Hino City
Tokyo
+4.9% ¥222K/m² +16.2% 88
1627Nada Ward
Kobe City, Hyogo
+4.9% ¥353K/m² +22.0% 91
1628Kawaguchi City
Saitama
+4.9% ¥267K/m² +24.0% 93
1629Kashiwa City
Chiba
+5.0% ¥142K/m² +26.5% 90
1630Minami Ward
Sagamihara City, Kanagawa
+5.0% ¥222K/m² +19.2% 89
1631Itoshima City
Fukuoka
+5.0% ¥50K/m² +29.0% 79
1632Kimobetsu Town
Hokkaido
+5.0% ¥5,825/m² +17.0% 60
1633Minami Ward
Hiroshima City, Hiroshima
+5.0% ¥227K/m² +20.3% 88
1634Akashi City
Hyogo
+5.0% ¥118K/m² +20.8% 85
1635Higashinada Ward
Kobe City, Hyogo
+5.0% ¥375K/m² +22.1% 92
1636Nagakute City
Aichi
+5.0% ¥178K/m² +21.1% 85
1637Saga City
Saga
+5.0% ¥45K/m² +19.3% 79
1638Tsurumi Ward
Yokohama City, Kanagawa
+5.0% ¥308K/m² +18.9% 92
1639Narita City
Chiba
+5.1% ¥60K/m² +20.7% 79
1640Ozu Town
Kumamoto
+5.1% ¥51K/m² +81.5% 82
1641Kasuga City
Fukuoka
+5.1% ¥165K/m² +34.7% 86
1642Minami Ward
Yokohama City, Kanagawa
+5.1% ¥256K/m² +21.1% 92
1643Funabashi City
Chiba
+5.1% ¥201K/m² +31.6% 92
1644Natori City
Miyagi
+5.1% ¥88K/m² +35.1% 90
1645Urasoe City
Okinawa
+5.2% ¥164K/m² +24.5% 86
1646Koganei City
Tokyo
+5.2% ¥392K/m² +17.1% 90
1647Ashiya City
Hyogo
+5.2% ¥401K/m² +21.2% 91
1648Naka Ward
Hiroshima City, Hiroshima
+5.2% ¥446K/m² +23.9% 91
1649Nishihara Town
Okinawa
+5.2% ¥110K/m² +36.9% 81
1650Takatsu Ward
Kawasaki City, Kanagawa
+5.2% ¥370K/m² +21.0% 93
1651Chuo Ward
Sagamihara City, Kanagawa
+5.2% ¥180K/m² +20.8% 88
1652Chikusa Ward
Nagoya City, Aichi
+5.2% ¥327K/m² +31.7% 93
1653Asahi Ward
Osaka City, Osaka
+5.2% ¥258K/m² +19.3% 86
1654Sodegaura City
Chiba
+5.3% ¥58K/m² +23.4% 77
1655Inage Ward
Chiba City, Chiba
+5.3% ¥178K/m² +18.8% 85
1656Hakone Town
Kanagawa
+5.3% ¥36K/m² +14.6% 69
1657Aoba Ward
Sendai City, Miyagi
+5.4% ¥158K/m² +31.9% 93
1658Onojo City
Fukuoka
+5.4% ¥164K/m² +46.6% 88
1659Urawa Ward
Saitama City, Saitama
+5.4% ¥420K/m² +23.8% 94
1660Narashino City
Chiba
+5.4% ¥207K/m² +23.7% 89
1661Fuchu Town
Hiroshima
+5.5% ¥188K/m² +21.9% 83
1662Kamakura City
Kanagawa
+5.5% ¥246K/m² +20.8% 91
1663Fujisawa City
Kanagawa
+5.5% ¥239K/m² +21.3% 92
1664Chuo Ward
Sapporo City, Hokkaido
+5.5% ¥241K/m² +46.8% 96
1665Yotsukaido City
Chiba
+5.5% ¥67K/m² +13.8% 79
1666Mitaka City
Tokyo
+5.6% ¥486K/m² +20.4% 93
1667Kusatsu City
Shiga
+5.6% ¥123K/m² +17.0% 87
1668Suita City
Osaka
+5.6% ¥245K/m² +17.6% 91
1669Omiya Ward
Saitama City, Saitama
+5.6% ¥342K/m² +23.8% 93
1670Midori Ward
Chiba City, Chiba
+5.6% ¥84K/m² +21.9% 81
1671Higashi Ward
Fukuoka City, Fukuoka
+5.6% ¥148K/m² +48.3% 92
1672Kikuyo Town
Kumamoto
+5.7% ¥77K/m² +64.3% 82
1673Uruma City
Okinawa
+5.7% ¥55K/m² +24.9% 82
1674Umi Town
Fukuoka
+5.7% ¥75K/m² +46.6% 76
1675Nakagusuku Village
Okinawa
+5.7% ¥99K/m² +32.0% 79
1676Eniwa City
Hokkaido
+5.7% ¥46K/m² +84.2% 88
1677Zushi City
Kanagawa
+5.8% ¥214K/m² +21.1% 88
1678Shime Town
Fukuoka
+5.8% ¥98K/m² +44.0% 84
1679Yamato City
Kanagawa
+5.9% ¥230K/m² +22.6% 91
1680Komae City
Tokyo
+5.9% ¥388K/m² +23.1% 91
1681Chofu City
Tokyo
+5.9% ¥428K/m² +25.7% 94
1682Chuo Ward
Kumamoto City, Kumamoto
+5.9% ¥139K/m² +21.7% 86
1683Naha City
Okinawa
+6.0% ¥232K/m² +21.9% 91
1684Rifu Town
Miyagi
+6.0% ¥65K/m² +35.7% 88
1685Tagajo City
Miyagi
+6.0% ¥82K/m² +31.6% 89
1686Sumiyoshi Ward
Osaka City, Osaka
+6.0% ¥290K/m² +17.0% 89
1687Moriguchi City
Osaka
+6.0% ¥190K/m² +19.3% 87
1688Minato Ward
Osaka City, Osaka
+6.0% ¥276K/m² +22.0% 90
1689Yaese Town
Okinawa
+6.0% ¥76K/m² +28.6% 79
1690Kasuya Town
Fukuoka
+6.0% ¥102K/m² +47.6% 82
1691Nakijin Village
Okinawa
+6.0% ¥13K/m² +20.8% 62
1692Shiroi City
Chiba
+6.0% ¥79K/m² +24.4% 77
1693Itoman City
Okinawa
+6.0% ¥70K/m² +30.4% 83
1694Saiwai Ward
Kawasaki City, Kanagawa
+6.1% ¥394K/m² +24.0% 94
1695Nanjo City
Okinawa
+6.2% ¥49K/m² +26.9% 79
1696Miyagino Ward
Sendai City, Miyagi
+6.2% ¥132K/m² +46.2% 93
1697Wakaba Ward
Chiba City, Chiba
+6.2% ¥97K/m² +20.2% 80
1698Yonabaru Town
Okinawa
+6.2% ¥86K/m² +31.7% 78
1699Kin Town
Okinawa
+6.2% ¥31K/m² +33.2% 71
1700Musashino City
Tokyo
+6.3% ¥673K/m² +25.0% 94

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.