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
501	Kotohira Town Kagawa	−1.1%	¥23K/m²	−5.6%	34
502	Nose Town Osaka	−1.1%	¥14K/m²	−8.7%	25
503	Koge Town Fukuoka	−1.1%	¥8,110/m²	−5.2%	24
504	Sannohe Town Aomori	−1.1%	¥14K/m²	−4.6%	33
505	Koshu City Yamanashi	−1.1%	¥20K/m²	−6.7%	32
506	Gonohe Town Aomori	−1.1%	¥8,892/m²	−4.4%	28
507	Shingo Village Aomori	−1.1%	¥4,233/m²	−9.8%	16
508	Itakura Town Gunma	−1.1%	¥16K/m²	−7.2%	27
509	Morotsuka Village Miyazaki	−1.1%	¥2,060/m²	−5.9%	16
510	Takikawa City Hokkaido	−1.1%	¥7,531/m²	−6.4%	22
511	Yahiko Village Niigata	−1.1%	¥22K/m²	−5.7%	32
512	Kawara Town Fukuoka	−1.1%	¥13K/m²	−4.9%	29
513	Shinhidaka Town Hokkaido	−1.1%	¥12K/m²	−9.4%	22
514	Aka Village Fukuoka	−1.1%	¥4,917/m²	−3.8%	21
515	Tahara City Aichi	−1.0%	¥33K/m²	−3.6%	47
516	Susaki City Kochi	−1.0%	¥28K/m²	−5.9%	35
517	Uenohara City Yamanashi	−1.0%	¥36K/m²	−5.0%	38
518	Misato Town Akita	−1.0%	¥5,934/m²	−6.9%	19
519	Tsuno Town Miyazaki	−1.0%	¥11K/m²	−5.5%	28
520	Fujioka City Gunma	−1.0%	¥23K/m²	−5.9%	39
521	Yoshida Town Shizuoka	−1.0%	¥34K/m²	−6.9%	38
522	Minamiyamashiro Village Kyoto	−1.0%	¥8,330/m²	−7.9%	16
523	Shimabara City Nagasaki	−1.0%	¥20K/m²	−6.6%	35
524	Matsukawa Town Nagano	−1.0%	¥15K/m²	−7.5%	25
525	Komatsushima City Tokushima	−1.0%	¥30K/m²	−4.5%	42
526	Soo City Kagoshima	−1.0%	¥6,639/m²	−6.9%	30
527	Tsukumi City Oita	−1.0%	¥21K/m²	−5.8%	33
528	Motosu City Gifu	−1.0%	¥23K/m²	−4.7%	40
529	Miho Village Ibaraki	−1.0%	¥9,600/m²	−6.6%	25
530	Asahi Town Yamagata	−1.0%	¥7,570/m²	−5.2%	25
531	Sanuki City Kagawa	−1.0%	¥21K/m²	−5.0%	37
532	Gose City Nara	−1.0%	¥35K/m²	−4.5%	42
533	Kujukuri Town Chiba	−1.0%	¥8,571/m²	−4.4%	30
534	Seki City Gifu	−1.0%	¥24K/m²	−4.7%	44
535	Tokigawa Town Saitama	−1.0%	¥16K/m²	−6.1%	30
536	Mamurogawa Town Yamagata	−1.0%	¥7,824/m²	−5.8%	24
537	Kawauchi Village Fukushima	−1.0%	¥3,583/m²	−6.1%	23
538	Iitate Village Fukushima	−1.0%	¥4,400/m²	−5.0%	21
539	Nagara Town Chiba	−1.0%	¥9,975/m²	−4.9%	27
540	Oi Town Fukui	−1.0%	¥11K/m²	−4.6%	28
541	Iizuna Town Nagano	−1.0%	¥9,122/m²	−7.4%	22
542	Tsunagi Town Kumamoto	−1.0%	¥9,700/m²	−3.5%	29
543	Tamano City Okayama	−1.0%	¥30K/m²	−5.5%	42
544	Tamura City Fukushima	−1.0%	¥9,574/m²	−3.4%	33
545	Yuasa Town Wakayama	−1.0%	¥27K/m²	−8.2%	30
546	Misasa Town Tottori	−1.0%	¥13K/m²	−6.9%	23
547	Takaoka City Toyama	−1.0%	¥30K/m²	−5.0%	47
548	Nakajima Village Fukushima	−1.0%	¥8,766/m²	−3.9%	32
549	Ina City Nagano	−1.0%	¥15K/m²	−6.3%	35
550	Niyodogawa Town Kochi	−1.0%	¥8,472/m²	−4.8%	31
551	Iiyama City Nagano	−1.0%	¥16K/m²	−5.8%	33
552	Oguni Town Kumamoto	−1.0%	¥9,633/m²	−4.8%	29
553	Shirako Town Chiba	−1.0%	¥10K/m²	−4.5%	29
554	Kurihara City Miyagi	−1.0%	¥10K/m²	−6.3%	27
555	Tara Town Saga	−1.0%	¥9,395/m²	−5.9%	24
556	Imabari City Ehime	−1.0%	¥28K/m²	−7.5%	44
557	Kisosaki Town Mie	−1.0%	¥27K/m²	−7.0%	30
558	Oguni Town Yamagata	−1.0%	¥10K/m²	−5.2%	28
559	Annaka City Gunma	−1.0%	¥20K/m²	−8.0%	34
560	Furudono Town Fukushima	−1.0%	¥5,973/m²	−8.7%	19
561	Mitake Town Gifu	−1.0%	¥17K/m²	−4.3%	34
562	Ena City Gifu	−0.9%	¥18K/m²	−4.7%	39
563	Toba City Mie	−0.9%	¥19K/m²	−6.9%	28
564	Nakatane Town Kagoshima	−0.9%	¥5,814/m²	−9.3%	18
565	Uchiko Town Ehime	−0.9%	¥21K/m²	−5.5%	35
566	Mitane Town Akita	−0.9%	¥4,000/m²	−7.6%	16
567	Ugo Town Akita	−0.9%	¥5,740/m²	−7.9%	19
568	Owase City Mie	−0.9%	¥20K/m²	−6.4%	31
569	Misaki Town Okayama	−0.9%	¥5,420/m²	−5.6%	26
570	Murakami City Niigata	−0.9%	¥14K/m²	−5.4%	37
571	Kitahiroshima Town Hiroshima	−0.9%	¥11K/m²	−5.3%	31
572	Ikawa Town Akita	−0.9%	¥6,150/m²	−6.4%	21
573	Shimanto Town Kochi	−0.9%	¥15K/m²	−4.2%	35
574	Kiryu City Gunma	−0.9%	¥24K/m²	−7.2%	41
575	Shirataka Town Yamagata	−0.9%	¥8,482/m²	−4.5%	28
576	Hachirogata Town Akita	−0.9%	¥8,295/m²	−8.9%	19
577	Nasushiobara City Tochigi	−0.9%	¥20K/m²	−5.3%	37
578	Oe Town Yamagata	−0.9%	¥10K/m²	−5.1%	29
579	Matsuura City Nagasaki	−0.9%	¥9,275/m²	−5.4%	26
580	Nakatosa Town Kochi	−0.9%	¥15K/m²	−4.7%	32
581	Nantan City Kyoto	−0.9%	¥28K/m²	−4.7%	45
582	Yabu City Hyogo	−0.9%	¥18K/m²	−7.7%	28
583	Mitoyo City Kagawa	−0.9%	¥15K/m²	−5.0%	38
584	Nanto City Toyama	−0.9%	¥18K/m²	−5.2%	37
585	Nikko City Tochigi	−0.9%	¥16K/m²	−6.2%	32
586	Kurobe City Toyama	−0.9%	¥24K/m²	−4.7%	41
587	Fujikawa Town Yamanashi	−0.9%	¥20K/m²	−5.0%	33
588	Sakahogi Town Gifu	−0.9%	¥23K/m²	−6.4%	31
589	Mine City Yamaguchi	−0.9%	¥6,670/m²	−7.5%	22
590	Nagai City Yamagata	−0.9%	¥16K/m²	−4.0%	36
591	Oshu City Iwate	−0.9%	¥18K/m²	−2.9%	40
592	Inashiki City Ibaraki	−0.9%	¥8,341/m²	−3.3%	32
593	Saikai City Nagasaki	−0.9%	¥8,331/m²	−7.1%	23
594	Achi Village Nagano	−0.9%	¥4,882/m²	−5.7%	22
595	Minamiizu Town Shizuoka	−0.9%	¥18K/m²	−7.0%	29
596	Kobayashi City Miyazaki	−0.9%	¥14K/m²	−4.3%	40
597	Higashiagatsuma Town Gunma	−0.9%	¥14K/m²	−6.2%	28
598	Nahari Town Kochi	−0.9%	¥12K/m²	−4.2%	29
599	Senboku City Akita	−0.9%	¥8,919/m²	−6.7%	23
600	Hashikami Town Aomori	−0.9%	¥7,742/m²	−5.0%	27

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.