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
301	Jinsekikogen Town Hiroshima	−1.6%	¥3,210/m²	−9.1%	14
302	Kushima City Miyazaki	−1.6%	¥11K/m²	−8.2%	23
303	Shimokawa Town Hokkaido	−1.6%	¥2,375/m²	−9.7%	13
304	Nishikatsura Town Yamanashi	−1.6%	¥22K/m²	−8.3%	24
305	Asahi Town Toyama	−1.6%	¥17K/m²	−8.4%	24
306	Ninohe City Iwate	−1.6%	¥18K/m²	−8.7%	24
307	Sukumo City Kochi	−1.6%	¥18K/m²	−7.5%	26
308	Naganohara Town Gunma	−1.6%	¥7,050/m²	−8.4%	17
309	Tozawa Village Yamagata	−1.6%	¥3,000/m²	−7.4%	13
310	Kitaakita City Akita	−1.6%	¥6,449/m²	−8.6%	14
311	Horokanai Town Hokkaido	−1.6%	¥1,580/m²	−11.5%	8
312	Tonosho Town Kagawa	−1.6%	¥23K/m²	−7.5%	30
313	Yura Town Wakayama	−1.6%	¥18K/m²	−9.5%	20
314	Izunokuni City Shizuoka	−1.6%	¥62K/m²	−8.3%	37
315	Joetsu City Niigata	−1.6%	¥19K/m²	−8.0%	38
316	Saroma Town Hokkaido	−1.6%	¥3,967/m²	−10.0%	11
317	Genkai Town Saga	−1.6%	¥6,353/m²	−7.1%	15
318	Hikawa Town Kumamoto	−1.5%	¥12K/m²	−6.8%	24
319	Amakusa City Kumamoto	−1.5%	¥17K/m²	−6.5%	32
320	Mihama Town Aichi	−1.5%	¥22K/m²	−11.7%	25
321	Kamiichi Town Toyama	−1.5%	¥18K/m²	−7.3%	27
322	Miyake Town Nara	−1.5%	¥41K/m²	−6.9%	35
323	Chikuhoku Village Nagano	−1.5%	¥7,247/m²	−7.3%	16
324	Ikata Town Ehime	−1.5%	¥15K/m²	−7.2%	22
325	Muroto City Kochi	−1.5%	¥13K/m²	−6.8%	23
326	Rumoi City Hokkaido	−1.5%	¥9,767/m²	−9.1%	17
327	Goto City Nagasaki	−1.5%	¥8,460/m²	−10.9%	19
328	Shioya Town Tochigi	−1.5%	¥10K/m²	−8.1%	21
329	Shirosato Town Ibaraki	−1.5%	¥9,288/m²	−7.4%	20
330	Soma City Fukushima	−1.5%	¥28K/m²	−5.6%	39
331	Awa City Tokushima	−1.5%	¥11K/m²	−5.7%	27
332	Izumizaki Village Fukushima	−1.5%	¥10K/m²	−7.6%	23
333	Osaki Town Kagoshima	−1.5%	¥4,226/m²	−7.2%	19
334	Ashikaga City Tochigi	−1.5%	¥26K/m²	−7.1%	33
335	Gotsu City Shimane	−1.5%	¥16K/m²	−7.5%	30
336	Ono Town Fukushima	−1.5%	¥12K/m²	−6.1%	26
337	Takaharu Town Miyazaki	−1.5%	¥8,848/m²	−10.9%	17
338	Miyazu City Kyoto	−1.5%	¥19K/m²	−6.5%	32
339	Obama City Fukui	−1.5%	¥33K/m²	−5.6%	38
340	Rokkasho Village Aomori	−1.5%	¥5,425/m²	−9.3%	14
341	Kimotsuki Town Kagoshima	−1.5%	¥5,708/m²	−8.3%	20
342	Kimino Town Wakayama	−1.5%	¥17K/m²	−5.3%	25
343	Nishimera Village Miyazaki	−1.5%	¥5,075/m²	−7.0%	15
344	Rikuzentakata City Iwate	−1.5%	¥17K/m²	−5.4%	31
345	Yoichi Town Hokkaido	−1.5%	¥8,040/m²	−10.3%	14
346	Minamiechizen Town Fukui	−1.5%	¥9,633/m²	−10.0%	15
347	Abu Town Yamaguchi	−1.4%	¥5,970/m²	−7.9%	13
348	Minamata City Kumamoto	−1.4%	¥24K/m²	−4.5%	38
349	Nishiizu Town Shizuoka	−1.4%	¥22K/m²	−11.3%	24
350	Tokamachi City Niigata	−1.4%	¥13K/m²	−8.5%	28
351	Takahama Town Fukui	−1.4%	¥35K/m²	−6.8%	32
352	Minamiise Town Mie	−1.4%	¥10K/m²	−8.4%	18
353	Toyokoro Town Hokkaido	−1.4%	¥2,450/m²	−19.1%	6
354	Shinchi Town Fukushima	−1.4%	¥15K/m²	−7.4%	28
355	Kudoyama Town Wakayama	−1.4%	¥18K/m²	−9.7%	21
356	Kuma Village Kumamoto	−1.4%	¥3,567/m²	−11.8%	9
357	Nagashima Town Kagoshima	−1.4%	¥5,600/m²	−6.4%	19
358	Sado City Niigata	−1.4%	¥9,931/m²	−7.9%	27
359	Ando Town Nara	−1.4%	¥42K/m²	−4.8%	38
360	Shimogo Town Fukushima	−1.4%	¥6,898/m²	−7.7%	19
361	Asakawa Town Fukushima	−1.4%	¥12K/m²	−8.4%	23
362	Seiyo City Ehime	−1.4%	¥16K/m²	−6.6%	30
363	Tono City Iwate	−1.4%	¥15K/m²	−4.3%	32
364	Niimi City Okayama	−1.4%	¥12K/m²	−8.0%	25
365	Shinano Town Nagano	−1.4%	¥8,668/m²	−10.1%	18
366	Kagamino Town Okayama	−1.4%	¥6,217/m²	−7.9%	20
367	Takatori Town Nara	−1.4%	¥24K/m²	−6.9%	31
368	Aga Town Niigata	−1.4%	¥6,690/m²	−8.0%	19
369	Higashiizu Town Shizuoka	−1.4%	¥30K/m²	−9.9%	28
370	Arida City Wakayama	−1.4%	¥30K/m²	−9.7%	29
371	Karumai Town Iwate	−1.4%	¥12K/m²	−18.4%	14
372	Ichikawa Town Hyogo	−1.4%	¥9,533/m²	−8.3%	16
373	Maniwa City Okayama	−1.4%	¥12K/m²	−8.0%	27
374	Kihoku Town Ehime	−1.4%	¥9,791/m²	−6.5%	22
375	Rishirifuji Town Hokkaido	−1.4%	¥4,475/m²	−8.6%	15
376	Nagi Town Okayama	−1.4%	¥6,015/m²	−7.6%	16
377	Date City Hokkaido	−1.4%	¥17K/m²	−8.2%	26
378	Nasu Town Tochigi	−1.4%	¥8,613/m²	−7.9%	19
379	Hiraizumi Town Iwate	−1.3%	¥18K/m²	−7.4%	29
380	Shima City Mie	−1.3%	¥13K/m²	−7.9%	26
381	Shodoshima Town Kagawa	−1.3%	¥15K/m²	−8.0%	25
382	Bizen City Okayama	−1.3%	¥18K/m²	−6.9%	30
383	Sanjo City Niigata	−1.3%	¥25K/m²	−6.3%	39
384	Kunimi Town Fukushima	−1.3%	¥18K/m²	−4.9%	35
385	Okura Village Yamagata	−1.3%	¥3,815/m²	−6.7%	16
386	Yasuda Town Kochi	−1.3%	¥11K/m²	−5.8%	24
387	Yawatahama City Ehime	−1.3%	¥40K/m²	−7.5%	37
388	Taiji Town Wakayama	−1.3%	¥16K/m²	−7.0%	23
389	Kyotanba Town Kyoto	−1.3%	¥10K/m²	−9.0%	23
390	Sakegawa Village Yamagata	−1.3%	¥3,357/m²	−6.8%	15
391	Kaga City Ishikawa	−1.3%	¥19K/m²	−7.6%	34
392	Tainai City Niigata	−1.3%	¥13K/m²	−6.6%	29
393	Shibushi City Kagoshima	−1.3%	¥6,094/m²	−7.7%	24
394	Koura Town Shiga	−1.3%	¥9,800/m²	−5.8%	21
395	Yunomae Town Kumamoto	−1.3%	¥4,750/m²	−10.8%	11
396	Iwamizawa City Hokkaido	−1.3%	¥9,569/m²	−8.4%	19
397	Nagahama City Shiga	−1.3%	¥24K/m²	−6.7%	41
398	Kunisaki City Oita	−1.3%	¥8,431/m²	−6.8%	25
399	Himi City Toyama	−1.3%	¥25K/m²	−7.2%	34
400	Yamato Town Kumamoto	−1.3%	¥7,130/m²	−8.0%	21

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.