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
701	Shibata City Niigata	−0.7%	¥23K/m²	−3.7%	47
702	Konan City Kochi	−0.7%	¥26K/m²	−3.8%	45
703	Tsuruta Town Aomori	−0.7%	¥9,200/m²	−3.7%	33
704	Nihonmatsu City Fukushima	−0.7%	¥20K/m²	−2.8%	46
705	Hannan City Osaka	−0.6%	¥38K/m²	−4.4%	47
706	Wakuya Town Miyagi	−0.6%	¥13K/m²	−5.0%	35
707	Motoyama Town Kochi	−0.6%	¥14K/m²	−3.1%	36
708	Kikai Town Kagoshima	−0.6%	¥5,646/m²	−3.5%	28
709	Okaya City Nagano	−0.6%	¥34K/m²	−5.6%	43
710	Kawachi Town Ibaraki	−0.6%	¥10K/m²	−3.9%	34
711	Wanouchi Town Gifu	−0.6%	¥20K/m²	−1.6%	42
712	Otoyo Town Kochi	−0.6%	¥12K/m²	−3.3%	34
713	Shiroishi Town Saga	−0.6%	¥11K/m²	−4.3%	34
714	Ryuo Town Shiga	−0.6%	¥23K/m²	−0.6%	45
715	Kainan City Wakayama	−0.6%	¥42K/m²	−4.9%	46
716	Ono Town Gifu	−0.6%	¥23K/m²	−5.3%	38
717	Hoki Town Tottori	−0.6%	¥9,620/m²	−3.3%	33
718	Isumi City Chiba	−0.6%	¥13K/m²	−3.9%	37
719	Numata City Gunma	−0.6%	¥27K/m²	−4.9%	44
720	Echizen City Fukui	−0.6%	¥26K/m²	−4.9%	44
721	Saijo City Ehime	−0.6%	¥30K/m²	−5.4%	46
722	Suwa City Nagano	−0.6%	¥37K/m²	−4.3%	45
723	Mori Town Shizuoka	−0.6%	¥28K/m²	−3.3%	44
724	Asago City Hyogo	−0.6%	¥22K/m²	−4.9%	39
725	Hirogawa Town Wakayama	−0.6%	¥22K/m²	−5.9%	33
726	Geisei Village Kochi	−0.6%	¥12K/m²	−3.0%	33
727	Otsuki Town Kochi	−0.6%	¥7,700/m²	−3.2%	28
728	Kokonoe Town Oita	−0.6%	¥5,100/m²	−8.1%	23
729	Kori Town Fukushima	−0.6%	¥21K/m²	−3.5%	45
730	Numazu City Shizuoka	−0.6%	¥78K/m²	−6.0%	52
731	Sennan City Osaka	−0.6%	¥42K/m²	−3.6%	48
732	Otawara City Tochigi	−0.6%	¥19K/m²	−3.8%	42
733	Takahagi City Ibaraki	−0.6%	¥21K/m²	−3.0%	44
734	Kitami City Hokkaido	−0.6%	¥14K/m²	−2.6%	41
735	Shimosuwa Town Nagano	−0.6%	¥41K/m²	−5.8%	42
736	Godo Town Gifu	−0.6%	¥31K/m²	−3.1%	43
737	Hashimoto City Wakayama	−0.6%	¥31K/m²	−4.0%	44
738	Tomioka Town Fukushima	−0.6%	¥14K/m²	−1.4%	41
739	Uken Village Kagoshima	−0.6%	¥4,045/m²	−3.3%	25
740	Shirakawa City Fukushima	−0.6%	¥18K/m²	−1.8%	46
741	Mihama Town Mie	−0.6%	¥18K/m²	−4.9%	33
742	Otaki Town Chiba	−0.6%	¥6,508/m²	−3.4%	29
743	Yachiyo Town Ibaraki	−0.6%	¥13K/m²	−2.5%	40
744	Tanba City Hyogo	−0.6%	¥15K/m²	−3.4%	43
745	Kamishihoro Town Hokkaido	−0.6%	¥4,900/m²	−1.5%	32
746	Tsumagoi Village Gunma	−0.6%	¥8,833/m²	−5.3%	29
747	Ishii Town Tokushima	−0.6%	¥31K/m²	−3.1%	47
748	Ojika Town Nagasaki	−0.6%	¥5,170/m²	−5.6%	24
749	Tadotsu Town Kagawa	−0.5%	¥27K/m²	−3.0%	45
750	Minami Ward Niigata City, Niigata	−0.5%	¥23K/m²	−3.0%	48
751	Hachijo Town Tokyo	−0.5%	¥8,825/m²	−1.5%	35
752	Kawanishi Town Nara	−0.5%	¥50K/m²	−0.4%	47
753	Arita Town Saga	−0.5%	¥14K/m²	−4.9%	31
754	Kashima City Saga	−0.5%	¥21K/m²	−3.3%	43
755	Yazu Town Tottori	−0.5%	¥16K/m²	−4.1%	37
756	Minabe Town Wakayama	−0.5%	¥25K/m²	−4.1%	38
757	Takanabe Town Miyazaki	−0.5%	¥19K/m²	−4.3%	39
758	Nirasaki City Yamanashi	−0.5%	¥29K/m²	−3.4%	43
759	Tsuyama City Okayama	−0.5%	¥20K/m²	−3.9%	44
760	Kumenan Town Okayama	−0.5%	¥7,205/m²	−2.8%	31
761	Asuka Village Nara	−0.5%	¥44K/m²	−2.4%	47
762	Goshogawara City Aomori	−0.5%	¥12K/m²	−3.8%	37
763	Iida City Nagano	−0.5%	¥21K/m²	−3.6%	48
764	Ukiha City Fukuoka	−0.5%	¥15K/m²	+6.6%	51
765	Onagawa Town Miyagi	−0.5%	¥18K/m²	−3.3%	44
766	Tomi City Nagano	−0.5%	¥22K/m²	−2.9%	43
767	Haga Town Tochigi	−0.5%	¥19K/m²	+0.5%	50
768	Ogawa Town Saitama	−0.5%	¥26K/m²	−2.4%	44
769	Sakuragawa City Ibaraki	−0.5%	¥16K/m²	−3.0%	42
770	Kami City Kochi	−0.5%	¥36K/m²	−2.7%	51
771	Nanbu Town Aomori	−0.5%	¥9,490/m²	−4.0%	34
772	Kozaki Town Chiba	−0.5%	¥7,583/m²	−2.7%	31
773	Mutsuzawa Town Chiba	−0.5%	¥12K/m²	−2.2%	38
774	Seiro Town Niigata	−0.5%	¥12K/m²	+0.3%	43
775	Meiwa Town Mie	−0.5%	¥18K/m²	−4.7%	37
776	Fujinomiya City Shizuoka	−0.5%	¥37K/m²	−3.1%	51
777	Tenri City Nara	−0.5%	¥55K/m²	−2.6%	53
778	Nishiwaki City Hyogo	−0.5%	¥19K/m²	−3.3%	41
779	Mitsuke City Niigata	−0.5%	¥23K/m²	−4.3%	43
780	Kure City Hiroshima	−0.5%	¥54K/m²	−4.7%	54
781	Iga City Mie	−0.5%	¥21K/m²	−3.3%	48
782	Kasaoka City Okayama	−0.5%	¥30K/m²	−2.1%	49
783	Bungoono City Oita	−0.5%	¥9,084/m²	−2.4%	40
784	Onomichi City Hiroshima	−0.5%	¥38K/m²	−3.5%	54
785	Tosa City Kochi	−0.5%	¥29K/m²	−3.5%	44
786	Kawasaki Town Fukuoka	−0.5%	¥11K/m²	−1.5%	35
787	Zentsuji City Kagawa	−0.5%	¥25K/m²	−3.4%	45
788	Iwami Town Tottori	−0.5%	¥12K/m²	−3.6%	33
789	Gamagori City Aichi	−0.5%	¥64K/m²	−1.5%	57
790	Chichibu City Saitama	−0.5%	¥33K/m²	−2.4%	52
791	Sumoto City Hyogo	−0.5%	¥32K/m²	−7.7%	37
792	Nikaho City Akita	−0.5%	¥13K/m²	−3.3%	37
793	Awara City Fukui	−0.5%	¥20K/m²	−4.1%	40
794	Yoshimi Town Saitama	−0.5%	¥25K/m²	−0.7%	49
795	Setouchi City Okayama	−0.5%	¥21K/m²	−2.0%	49
796	Yurihama Town Tottori	−0.5%	¥15K/m²	−4.2%	38
797	Ikeda Town Gifu	−0.5%	¥24K/m²	−3.9%	40
798	Shibukawa City Gunma	−0.5%	¥25K/m²	−5.3%	44
799	Hokuto City Hokkaido	−0.5%	¥22K/m²	−2.1%	49
800	Niikappu Town Hokkaido	−0.5%	¥6,650/m²	−5.2%	28

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.