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
401	Takahashi City Okayama	−1.3%	¥16K/m²	−7.6%	28
402	Shiso City Hyogo	−1.3%	¥21K/m²	−9.0%	30
403	Yoshinogawa City Tokushima	−1.3%	¥22K/m²	−5.8%	36
404	Kazamaura Village Aomori	−1.3%	¥3,683/m²	−9.4%	13
405	Kiho Town Mie	−1.3%	¥18K/m²	−8.4%	24
406	Tomioka City Gunma	−1.3%	¥23K/m²	−8.5%	34
407	Kitsuki City Oita	−1.3%	¥13K/m²	−6.7%	27
408	Rebun Town Hokkaido	−1.3%	¥3,250/m²	−7.3%	15
409	Yuza Town Yamagata	−1.3%	¥9,898/m²	−4.5%	27
410	Shiiba Village Miyazaki	−1.3%	¥1,835/m²	−9.4%	10
411	Hiranai Town Aomori	−1.3%	¥7,850/m²	−6.9%	21
412	Kotoura Town Tottori	−1.2%	¥13K/m²	−6.0%	28
413	Naraha Town Fukushima	−1.2%	¥13K/m²	−2.1%	39
414	Hidakagawa Town Wakayama	−1.2%	¥14K/m²	−7.2%	23
415	Hioki City Kagoshima	−1.2%	¥16K/m²	−5.7%	35
416	Ogano Town Saitama	−1.2%	¥16K/m²	−5.4%	27
417	Okuizumo Town Shimane	−1.2%	¥12K/m²	−4.9%	28
418	Nanbu Town Tottori	−1.2%	¥9,588/m²	−6.7%	21
419	Mihara City Hiroshima	−1.2%	¥34K/m²	−6.3%	42
420	Tanagura Town Fukushima	−1.2%	¥13K/m²	−6.8%	28
421	Kaneyama Town Yamagata	−1.2%	¥6,500/m²	−6.6%	20
422	Yamagata City Gifu	−1.2%	¥18K/m²	−5.6%	34
423	Sayo Town Hyogo	−1.2%	¥12K/m²	−9.3%	29
424	Aizubange Town Fukushima	−1.2%	¥17K/m²	−4.7%	35
425	Kibichuo Town Okayama	−1.2%	¥4,560/m²	−6.6%	20
426	Matsuno Town Ehime	−1.2%	¥8,300/m²	−6.3%	19
427	Hirono Town Fukushima	−1.2%	¥19K/m²	−2.2%	43
428	Kamikawa Town Hyogo	−1.2%	¥8,950/m²	−7.4%	18
429	Ibara City Okayama	−1.2%	¥17K/m²	−6.0%	33
430	Kazuno City Akita	−1.2%	¥10K/m²	−7.7%	22
431	Tosashimizu City Kochi	−1.2%	¥16K/m²	−6.2%	27
432	Makinohara City Shizuoka	−1.2%	¥25K/m²	−7.3%	36
433	Takamori Town Nagano	−1.2%	¥15K/m²	−7.0%	26
434	Ishikari City Hokkaido	−1.2%	¥27K/m²	+42.8%	63
435	Yugawa Village Fukushima	−1.2%	¥7,570/m²	−4.1%	28
436	Higashichichibu Village Saitama	−1.2%	¥8,067/m²	−6.2%	19
437	Minowa Town Nagano	−1.2%	¥20K/m²	−8.4%	30
438	Susami Town Wakayama	−1.2%	¥14K/m²	−8.2%	24
439	Shiroishi City Miyagi	−1.2%	¥18K/m²	−1.2%	42
440	Hachimantai City Iwate	−1.2%	¥9,037/m²	−9.4%	18
441	Ichinoseki City Iwate	−1.2%	¥17K/m²	−6.8%	28
442	Hino Town Shiga	−1.2%	¥16K/m²	−7.0%	29
443	Abashiri City Hokkaido	−1.2%	¥16K/m²	−5.5%	32
444	Sunagawa City Hokkaido	−1.2%	¥6,967/m²	−8.9%	16
445	Noda Village Iwate	−1.2%	¥10K/m²	−7.3%	23
446	Misato Town Kumamoto	−1.2%	¥5,180/m²	−9.9%	17
447	Yamanashi City Yamanashi	−1.2%	¥22K/m²	−5.7%	35
448	Daisen Town Tottori	−1.2%	¥6,543/m²	−5.7%	23
449	Funagata Town Yamagata	−1.2%	¥6,633/m²	−3.5%	26
450	Miyada Village Nagano	−1.2%	¥17K/m²	−7.0%	25
451	Kamiamakusa City Kumamoto	−1.2%	¥11K/m²	−7.7%	25
452	Ebino City Miyazaki	−1.2%	¥10K/m²	−6.4%	31
453	Gosen City Niigata	−1.2%	¥21K/m²	−5.5%	39
454	Oishida Town Yamagata	−1.2%	¥9,544/m²	−5.0%	26
455	Shibecha Town Hokkaido	−1.2%	¥5,570/m²	−2.6%	30
456	Kamiita Town Tokushima	−1.2%	¥13K/m²	−5.0%	27
457	Sagara Village Kumamoto	−1.2%	¥4,683/m²	−10.2%	17
458	Komagane City Nagano	−1.2%	¥19K/m²	−7.1%	32
459	Ikeda Town Hokkaido	−1.2%	¥5,260/m²	−8.2%	16
460	Gojome Town Akita	−1.2%	¥6,556/m²	−9.4%	16
461	Miyoshi City Hiroshima	−1.2%	¥13K/m²	−6.5%	31
462	Ishinomaki City Miyagi	−1.2%	¥29K/m²	−5.2%	41
463	Iijima Town Nagano	−1.2%	¥10K/m²	−7.6%	21
464	Kushimoto Town Wakayama	−1.2%	¥26K/m²	−5.8%	36
465	Kawazu Town Shizuoka	−1.1%	¥26K/m²	−8.3%	29
466	Hidaka Town Hokkaido	−1.1%	¥4,090/m²	−10.2%	13
467	Kawai Town Nara	−1.1%	¥57K/m²	−9.7%	36
468	Yoro Town Gifu	−1.1%	¥21K/m²	−4.6%	35
469	Marumori Town Miyagi	−1.1%	¥10K/m²	−5.0%	26
470	Anan Town Nagano	−1.1%	¥2,995/m²	−7.6%	14
471	Matsuzaki Town Shizuoka	−1.1%	¥18K/m²	−13.0%	20
472	Asagiri Town Kumamoto	−1.1%	¥5,795/m²	−4.5%	27
473	Noboribetsu City Hokkaido	−1.1%	¥14K/m²	−5.9%	29
474	Iide Town Yamagata	−1.1%	¥3,997/m²	−3.2%	26
475	Katsuragi Town Wakayama	−1.1%	¥20K/m²	−6.1%	32
476	Reihoku Town Kumamoto	−1.1%	¥12K/m²	−5.2%	27
477	Gujo City Gifu	−1.1%	¥22K/m²	−5.7%	38
478	Nishikawa Town Yamagata	−1.1%	¥4,940/m²	−5.8%	20
479	Mashiko Town Tochigi	−1.1%	¥17K/m²	−9.0%	26
480	Aki City Kochi	−1.1%	¥26K/m²	−5.7%	37
481	Unzen City Nagasaki	−1.1%	¥13K/m²	−6.0%	33
482	Nishikan Ward Niigata City, Niigata	−1.1%	¥17K/m²	−6.3%	36
483	Bandai Town Fukushima	−1.1%	¥7,735/m²	−3.1%	30
484	Kusu Town Oita	−1.1%	¥20K/m²	−4.7%	36
485	Minamitane Town Kagoshima	−1.1%	¥5,948/m²	−9.3%	15
486	Ishikawa Town Fukushima	−1.1%	¥17K/m²	−6.6%	31
487	Kawajima Town Saitama	−1.1%	¥31K/m²	+0.6%	51
488	Akitakata City Hiroshima	−1.1%	¥11K/m²	−5.7%	30
489	Higashikushira Town Kagoshima	−1.1%	¥5,177/m²	−5.5%	21
490	Yakushima Town Kagoshima	−1.1%	¥6,314/m²	−7.8%	21
491	Echizen Town Fukui	−1.1%	¥16K/m²	−6.8%	27
492	Heguri Town Nara	−1.1%	¥37K/m²	−8.7%	36
493	Yaita City Tochigi	−1.1%	¥20K/m²	−6.2%	33
494	Namerikawa City Toyama	−1.1%	¥21K/m²	−5.4%	37
495	Uda City Nara	−1.1%	¥22K/m²	−5.0%	37
496	Monbetsu City Hokkaido	−1.1%	¥6,625/m²	−7.4%	20
497	Obanazawa City Yamagata	−1.1%	¥12K/m²	−5.4%	27
498	Kuroshio Town Kochi	−1.1%	¥16K/m²	−4.6%	36
499	Shizukuishi Town Iwate	−1.1%	¥13K/m²	−7.3%	25
500	Nayoro City Hokkaido	−1.1%	¥9,089/m²	−5.7%	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.