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)

Rank	Area	Falling	Avg. residential	5 years	Index
101	Happo Town Akita	−2.6%	¥3,800/m²	−12.0%	5
102	Fukaura Town Aomori	−2.6%	¥4,100/m²	−11.4%	7
103	Shibetsu City Hokkaido	−2.6%	¥7,308/m²	−10.5%	11
104	Urausu Town Hokkaido	−2.6%	¥1,775/m²	−18.1%	2
105	Higashiyoshino Village Nara	−2.6%	¥7,840/m²	−12.8%	8
106	Akune City Kagoshima	−2.6%	¥9,237/m²	−12.8%	15
107	Minamiosumi Town Kagoshima	−2.6%	¥5,792/m²	−12.3%	13
108	Mukawa Town Hokkaido	−2.6%	¥7,510/m²	−16.0%	7
109	Iwaizumi Town Iwate	−2.6%	¥14K/m²	−11.8%	16
110	Tsubetsu Town Hokkaido	−2.6%	¥4,067/m²	−12.8%	6
111	Enbetsu Town Hokkaido	−2.6%	¥4,125/m²	−18.3%	4
112	Yamanouchi Town Nagano	−2.6%	¥18K/m²	−12.5%	18
113	Tenkawa Village Nara	−2.6%	¥8,073/m²	−12.3%	10
114	Suooshima Town Yamaguchi	−2.6%	¥12K/m²	−11.7%	19
115	Obira Town Hokkaido	−2.5%	¥3,300/m²	−17.1%	3
116	Furubira Town Hokkaido	−2.5%	¥3,488/m²	−14.0%	4
117	Pippu Town Hokkaido	−2.5%	¥4,567/m²	−13.9%	6
118	China Town Kagoshima	−2.5%	¥6,590/m²	−11.4%	11
119	Shimonita Town Gunma	−2.5%	¥13K/m²	−14.6%	13
120	Osakikamijima Town Hiroshima	−2.5%	¥12K/m²	−12.0%	13
121	Nakagawa Town Tochigi	−2.5%	¥10K/m²	−10.9%	14
122	Minamifurano Town Hokkaido	−2.5%	¥1,755/m²	−14.1%	4
123	Himeshima Village Oita	−2.5%	¥8,670/m²	−12.8%	11
124	Ichikikushikino City Kagoshima	−2.5%	¥14K/m²	−15.0%	19
125	Itoigawa City Niigata	−2.5%	¥22K/m²	−11.5%	25
126	Hida City Gifu	−2.4%	¥20K/m²	−13.0%	23
127	Tadami Town Fukushima	−2.4%	¥4,780/m²	−11.3%	8
128	Okoppe Town Hokkaido	−2.4%	¥3,880/m²	−11.9%	7
129	Nishiwaga Town Iwate	−2.4%	¥3,816/m²	−11.2%	6
130	Wakkanai City Hokkaido	−2.4%	¥10K/m²	−12.4%	13
131	Tsurugi Town Tokushima	−2.4%	¥14K/m²	−11.4%	17
132	Moseushi Town Hokkaido	−2.4%	¥3,850/m²	−17.8%	3
133	Koshimizu Town Hokkaido	−2.4%	¥4,367/m²	−14.7%	5
134	Kunohe Village Iwate	−2.4%	¥6,497/m²	−16.8%	6
135	Misato Town Shimane	−2.4%	¥5,070/m²	−8.9%	10
136	Hamada City Shimane	−2.4%	¥21K/m²	−6.0%	34
137	Katsuyama City Fukui	−2.4%	¥13K/m²	−10.1%	18
138	Isa City Kagoshima	−2.4%	¥7,861/m²	−14.4%	18
139	Aizumisato Town Fukushima	−2.4%	¥12K/m²	−6.7%	22
140	Tenryu-ku Hamamatsu City, Shizuoka	−2.4%	¥15K/m²	−11.6%	24
141	Bibai City Hokkaido	−2.4%	¥4,380/m²	−17.0%	4
142	Haboro Town Hokkaido	−2.4%	¥4,290/m²	−14.0%	6
143	Biratori Town Hokkaido	−2.4%	¥2,303/m²	−11.1%	6
144	Ibusuki City Kagoshima	−2.3%	¥11K/m²	−10.1%	22
145	Bifuka Town Hokkaido	−2.3%	¥2,580/m²	−12.3%	5
146	Hirono Town Iwate	−2.3%	¥8,958/m²	−12.0%	11
147	Nagawa Town Nagano	−2.3%	¥8,500/m²	−10.1%	13
148	Itsuki Village Kumamoto	−2.3%	¥2,525/m²	−14.0%	4
149	Higashidori Village Aomori	−2.3%	¥2,833/m²	−10.8%	7
150	Mishima Town Fukushima	−2.3%	¥3,450/m²	−9.7%	9
151	Okinoshima Town Shimane	−2.3%	¥14K/m²	−9.0%	20
152	Masuda City Shimane	−2.3%	¥19K/m²	−13.1%	27
153	Sotogahama Town Aomori	−2.3%	¥4,667/m²	−10.8%	8
154	Shikabe Town Hokkaido	−2.2%	¥5,167/m²	−10.9%	9
155	Oketo Town Hokkaido	−2.2%	¥3,025/m²	−18.7%	3
156	Minamiaizu Town Fukushima	−2.2%	¥8,007/m²	−10.3%	14
157	Shitara Town Aichi	−2.2%	¥7,847/m²	−5.3%	19
158	Wadomari Town Kagoshima	−2.2%	¥7,940/m²	−11.0%	12
159	Takinoue Town Hokkaido	−2.2%	¥1,570/m²	−16.7%	3
160	Mitsue Village Nara	−2.2%	¥4,430/m²	−10.7%	9
161	Hanawa Town Fukushima	−2.2%	¥12K/m²	−10.6%	17
162	Toyako Town Hokkaido	−2.2%	¥7,130/m²	−16.8%	7
163	Ichikai Town Tochigi	−2.2%	¥14K/m²	−11.8%	16
164	Tagami Town Niigata	−2.2%	¥15K/m²	−11.9%	17
165	Taiki Town Mie	−2.2%	¥7,070/m²	−10.8%	10
166	Nagiso Town Nagano	−2.2%	¥6,523/m²	−11.2%	11
167	Isen Town Kagoshima	−2.2%	¥3,920/m²	−11.7%	7
168	Ozora Town Hokkaido	−2.2%	¥6,060/m²	−11.7%	9
169	Minamichita Town Aichi	−2.1%	¥16K/m²	−19.0%	18
170	Okushiri Town Hokkaido	−2.1%	¥4,525/m²	−12.9%	7
171	Fudai Village Iwate	−2.1%	¥9,165/m²	−11.3%	12
172	Imakane Town Hokkaido	−2.1%	¥8,770/m²	−9.0%	14
173	Hamatonbetsu Town Hokkaido	−2.1%	¥3,660/m²	−11.8%	7
174	Ashoro Town Hokkaido	−2.1%	¥7,340/m²	−10.3%	12
175	Iinan Town Shimane	−2.1%	¥5,620/m²	−8.2%	12
176	Chikujo Town Fukuoka	−2.1%	¥12K/m²	−8.6%	20
177	Kosa Town Kumamoto	−2.1%	¥13K/m²	−11.0%	22
178	Ibigawa Town Gifu	−2.1%	¥12K/m²	−10.1%	20
179	Miyako City Iwate	−2.1%	¥25K/m²	−7.5%	29
180	Yakumo Town Hokkaido	−2.1%	¥12K/m²	−12.3%	14
181	Shakotan Town Hokkaido	−2.1%	¥4,350/m²	−14.7%	6
182	Kuromatsunai Town Hokkaido	−2.1%	¥3,325/m²	−8.7%	10
183	Rishiri Town Hokkaido	−2.1%	¥2,675/m²	−12.3%	6
184	Naka Town Tokushima	−2.1%	¥7,466/m²	−9.3%	15
185	Satsumasendai City Kagoshima	−2.1%	¥12K/m²	−10.4%	29
186	Kashiwazaki City Niigata	−2.1%	¥19K/m²	−10.3%	29
187	Ajigasawa Town Aomori	−2.0%	¥11K/m²	−9.1%	17
188	Fujisato Town Akita	−2.0%	¥2,975/m²	−11.2%	7
189	Nakadomari Town Aomori	−2.0%	¥5,329/m²	−12.6%	8
190	Yaotsu Town Gifu	−2.0%	¥15K/m²	−9.1%	21
191	Kawamoto Town Shimane	−2.0%	¥9,954/m²	−9.2%	14
192	Miyoshi City Tokushima	−2.0%	¥17K/m²	−9.7%	26
193	Shintotsukawa Town Hokkaido	−2.0%	¥5,130/m²	−14.3%	7
194	Mimasaka City Okayama	−2.0%	¥7,128/m²	−10.3%	17
195	Shinshiro City Aichi	−2.0%	¥33K/m²	−6.7%	36
196	Yokohama Town Aomori	−2.0%	¥5,300/m²	−9.3%	12
197	Nakatonbetsu Town Hokkaido	−2.0%	¥2,350/m²	−9.7%	9
198	Mima City Tokushima	−2.0%	¥14K/m²	−9.3%	22
199	Toyo Town Kochi	−2.0%	¥11K/m²	−8.2%	19
200	Oda City Shimane	−2.0%	¥17K/m²	−9.0%	27

1795 areas · calculated Nov 2, 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.