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
601	Mogami Town Yamagata	−0.9%	¥6,670/m²	−4.6%	26
602	Goka Town Ibaraki	−0.9%	¥19K/m²	−1.6%	47
603	Omaezaki City Shizuoka	−0.9%	¥18K/m²	−4.7%	39
604	Tateshina Town Nagano	−0.9%	¥11K/m²	−4.1%	28
605	Kyotango City Kyoto	−0.9%	¥13K/m²	−5.4%	36
606	Kumano City Mie	−0.9%	¥23K/m²	−5.9%	33
607	Minamiawaji City Hyogo	−0.9%	¥22K/m²	−8.8%	35
608	Iki City Nagasaki	−0.9%	¥9,121/m²	−7.0%	25
609	Akkeshi Town Hokkaido	−0.9%	¥7,460/m²	−1.8%	35
610	Ayagawa Town Kagawa	−0.9%	¥19K/m²	−4.2%	40
611	Hamanaka Town Hokkaido	−0.8%	¥4,033/m²	−4.3%	26
612	Gero City Gifu	−0.8%	¥15K/m²	−8.2%	30
613	Soeda Town Fukuoka	−0.8%	¥9,208/m²	−4.2%	27
614	Matsushige Town Tokushima	−0.8%	¥36K/m²	−2.2%	46
615	Takehara City Hiroshima	−0.8%	¥31K/m²	−6.0%	39
616	Hagi City Yamaguchi	−0.8%	¥13K/m²	−6.6%	33
617	Kawanishi Town Yamagata	−0.8%	¥9,062/m²	−5.8%	27
618	Hinokage Town Miyazaki	−0.8%	¥3,980/m²	−5.6%	20
619	Tochigi City Tochigi	−0.8%	¥22K/m²	−4.7%	40
620	Tone Town Ibaraki	−0.8%	¥13K/m²	−8.3%	28
621	Misato Town Miyazaki	−0.8%	¥4,173/m²	−5.7%	22
622	Niki Town Hokkaido	−0.8%	¥6,217/m²	−8.3%	20
623	Tsushima City Nagasaki	−0.8%	¥13K/m²	−4.7%	33
624	Odai Town Mie	−0.8%	¥7,792/m²	−4.6%	24
625	Koya Town Wakayama	−0.8%	¥18K/m²	−7.2%	27
626	Omachi City Nagano	−0.8%	¥11K/m²	−5.6%	32
627	Hirao Town Yamaguchi	−0.8%	¥18K/m²	−4.2%	36
628	Kakuda City Miyagi	−0.8%	¥17K/m²	−2.2%	42
629	Gobo City Wakayama	−0.8%	¥23K/m²	−6.3%	35
630	Osato Town Miyagi	−0.8%	¥10K/m²	−3.8%	33
631	Sakaide City Kagawa	−0.8%	¥31K/m²	−3.8%	48
632	Maizuru City Kyoto	−0.8%	¥40K/m²	−2.8%	49
633	Ibaraki Town Ibaraki	−0.8%	¥16K/m²	−3.8%	37
634	Kuroishi City Aomori	−0.8%	¥11K/m²	−2.4%	36
635	Sano City Tochigi	−0.8%	¥26K/m²	−4.1%	43
636	Oshamanbe Town Hokkaido	−0.8%	¥5,660/m²	−4.8%	24
637	Kawabe Town Gifu	−0.8%	¥21K/m²	−3.8%	38
638	Akiota Town Hiroshima	−0.8%	¥8,190/m²	−3.9%	24
639	Watarai Town Mie	−0.8%	¥8,483/m²	−5.6%	24
640	Ama Town Shimane	−0.8%	¥5,983/m²	−4.0%	23
641	Taki Town Mie	−0.8%	¥14K/m²	−4.3%	33
642	Kanan Town Osaka	−0.8%	¥31K/m²	−5.2%	39
643	Unnan City Shimane	−0.8%	¥15K/m²	−3.5%	38
644	Nyuzen Town Toyama	−0.8%	¥21K/m²	−6.4%	34
645	Kaizu City Gifu	−0.8%	¥19K/m²	−6.9%	34
646	Nagaoka City Niigata	−0.8%	¥32K/m²	−4.5%	52
647	Yuzawa City Akita	−0.8%	¥9,329/m²	−5.8%	27
648	Kinokawa City Wakayama	−0.8%	¥20K/m²	−4.3%	42
649	Oyabe City Toyama	−0.8%	¥22K/m²	−2.2%	44
650	Kyowa Town Hokkaido	−0.8%	¥8,770/m²	+2.9%	40
651	Teshikaga Town Hokkaido	−0.8%	¥5,510/m²	−2.4%	32
652	Miharu Town Fukushima	−0.8%	¥17K/m²	−3.8%	42
653	Oshima Town Tokyo	−0.8%	¥7,740/m²	−3.3%	28
654	Iyo City Ehime	−0.7%	¥31K/m²	−4.9%	42
655	Saiki City Oita	−0.7%	¥17K/m²	−5.1%	40
656	Shingu City Wakayama	−0.7%	¥35K/m²	−4.6%	44
657	Wake Town Okayama	−0.7%	¥10K/m²	−4.3%	31
658	Onjuku Town Chiba	−0.7%	¥16K/m²	−5.0%	32
659	Kitagawa Village Kochi	−0.7%	¥8,395/m²	−3.5%	29
660	Usuki City Oita	−0.7%	¥24K/m²	−4.2%	45
661	Chonan Town Chiba	−0.7%	¥9,917/m²	−4.0%	31
662	Agano City Niigata	−0.7%	¥14K/m²	−5.0%	38
663	Tsubame City Niigata	−0.7%	¥29K/m²	−3.8%	49
664	Manno Town Kagawa	−0.7%	¥13K/m²	−3.7%	35
665	Tonosho Town Chiba	−0.7%	¥12K/m²	−2.7%	35
666	Tosa Town Kochi	−0.7%	¥14K/m²	−3.6%	33
667	Ashikita Town Kumamoto	−0.7%	¥17K/m²	−3.0%	40
668	Mutsu City Aomori	−0.7%	¥9,436/m²	−5.1%	29
669	Maibara City Shiga	−0.7%	¥27K/m²	−5.5%	42
670	Oma Town Aomori	−0.7%	¥3,650/m²	−8.7%	17
671	Tano Town Kochi	−0.7%	¥13K/m²	−3.4%	32
672	Murayama City Yamagata	−0.7%	¥18K/m²	−3.1%	41
673	Nagatoro Town Saitama	−0.7%	¥16K/m²	−4.6%	31
674	Mino City Gifu	−0.7%	¥23K/m²	−4.3%	41
675	Taka Town Hyogo	−0.7%	¥8,721/m²	−4.0%	31
676	Yoshitomi Town Fukuoka	−0.7%	¥16K/m²	−5.9%	32
677	Kumatori Town Osaka	−0.7%	¥51K/m²	−4.1%	48
678	Noshiro City Akita	−0.7%	¥11K/m²	−3.3%	33
679	Fuefuki City Yamanashi	−0.7%	¥20K/m²	−5.0%	37
680	Oga City Akita	−0.7%	¥7,309/m²	−5.6%	24
681	Shinkamigoto Town Nagasaki	−0.7%	¥8,813/m²	−6.6%	24
682	Towada City Aomori	−0.7%	¥14K/m²	−3.4%	38
683	Taketa City Oita	−0.7%	¥11K/m²	−4.0%	36
684	Toyono Town Osaka	−0.7%	¥34K/m²	−4.6%	42
685	Shimizu Town Hokkaido	−0.7%	¥5,520/m²	−4.9%	26
686	Chosei Village Chiba	−0.7%	¥12K/m²	−3.8%	36
687	Shinto Village Gunma	−0.7%	¥22K/m²	−5.1%	36
688	Kan-onji City Kagawa	−0.7%	¥23K/m²	−3.9%	44
689	Taragi Town Kumamoto	−0.7%	¥5,733/m²	−4.2%	26
690	Niihama City Ehime	−0.7%	¥35K/m²	−5.0%	45
691	Kanra Town Gunma	−0.7%	¥17K/m²	−4.5%	34
692	Kannami Town Shizuoka	−0.7%	¥71K/m²	−4.3%	49
693	Mihara Village Kochi	−0.7%	¥5,215/m²	−3.6%	26
694	Toyooka City Hyogo	−0.7%	¥29K/m²	−4.7%	39
695	Shichinohe Town Aomori	−0.7%	¥8,543/m²	−4.4%	31
696	Tarui Town Gifu	−0.7%	¥34K/m²	−4.6%	44
697	Nachikatsuura Town Wakayama	−0.7%	¥22K/m²	−5.8%	35
698	Hatoyama Town Saitama	−0.7%	¥29K/m²	−3.9%	44
699	Minano Town Saitama	−0.7%	¥22K/m²	−4.4%	36
700	Akaiwa City Okayama	−0.7%	¥15K/m²	−3.8%	41

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.