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)

RankAreaFallingAvg. residential5 yearsIndex
801Hokuto City
Hokkaido
−0.4% ¥22K/m² −2.1% 49
802Naruto City
Tokushima
−0.4% ¥30K/m² −2.3% 47
803Futtsu City
Chiba
−0.4% ¥16K/m² −4.5% 42
804Yosano Town
Kyoto
−0.4% ¥19K/m² −1.9% 41
805Sakaiminato City
Tottori
−0.4% ¥15K/m² −2.9% 41
806Umaji Village
Kochi
−0.4% ¥6,673/m² −2.7% 29
807Ochi Town
Kochi
−0.4% ¥21K/m² −2.4% 44
808Nagato City
Yamaguchi
−0.4% ¥13K/m² −4.4% 36
809Anan City
Tokushima
−0.4% ¥31K/m² −2.2% 53
810Kotake Town
Fukuoka
−0.4% ¥9,342/m² −0.6% 35
811Sakuho Town
Nagano
−0.4% ¥18K/m² −3.7% 37
812Aridagawa Town
Wakayama
−0.4% ¥29K/m² −4.7% 42
813Ide Town
Kyoto
−0.4% ¥31K/m² −7.3% 36
814Taiki Town
Hokkaido
−0.4% ¥5,680/m² −3.4% 31
815Nakayama Town
Yamagata
−0.4% ¥19K/m² −2.0% 46
816Toyosato Town
Shiga
−0.4% ¥15K/m² −3.8% 35
817Kawaminami Town
Miyazaki
−0.4% ¥11K/m² −2.9% 35
818Satte City
Saitama
−0.4% ¥45K/m² −1.7% 52
819Kanoya City
Kagoshima
−0.4% ¥9,910/m² −3.9% 42
820Ogose Town
Saitama
−0.4% ¥28K/m² −2.2% 46
821Shirahama Town
Wakayama
−0.4% ¥27K/m² −3.8% 41
822Daisen City
Akita
−0.4% ¥11K/m² −3.9% 34
823Misato Town
Saitama
−0.4% ¥14K/m² −1.8% 39
824Toon City
Ehime
−0.4% ¥41K/m² −4.2% 48
825Nemuro City
Hokkaido
−0.4% ¥11K/m² −1.9% 42
826Kurayoshi City
Tottori
−0.4% ¥20K/m² −3.4% 47
827Minamiboso City
Chiba
−0.4% ¥13K/m² −3.1% 41
828Yamanobe Town
Yamagata
−0.4% ¥22K/m² −0.5% 52
829Nabari City
Mie
−0.4% ¥30K/m² −2.4% 46
830Hokuei Town
Tottori
−0.4% ¥12K/m² −3.0% 35
831Kamikawa Town
Saitama
−0.4% ¥12K/m² −2.5% 36
832Toki City
Gifu
−0.4% ¥31K/m² −1.3% 49
833Shimoda City
Shizuoka
−0.4% ¥50K/m² −4.9% 47
834Tsuno Town
Kochi
−0.4% ¥11K/m² −2.4% 37
835Katsuura City
Chiba
−0.4% ¥18K/m² −5.5% 39
836Date City
Fukushima
−0.4% ¥20K/m² −0.7% 51
837Showa Village
Fukushima
−0.4% ¥2,937/m² −6.3% 25
838Hidaka Town
Wakayama
−0.4% ¥19K/m² −3.3% 37
839Itano Town
Tokushima
−0.4% ¥16K/m² −3.1% 38
840Yusuhara Town
Kochi
−0.4% ¥14K/m² −2.1% 37
841Minamioguni Town
Kumamoto
−0.4% ¥9,633/m² −2.8% 33
842Yakage Town
Okayama
−0.4% ¥15K/m² −2.5% 40
843Fukusaki Town
Hyogo
−0.4% ¥38K/m² +0.7% 53
844Tabuse Town
Yamaguchi
−0.4% ¥18K/m² −3.0% 41
845Tobe Town
Ehime
−0.4% ¥36K/m² −4.9% 43
846Rokunohe Town
Aomori
−0.4% ¥6,540/m² −1.3% 36
847Aisho Town
Shiga
−0.4% ¥22K/m² ±0.0% 49
848Fujimi Town
Nagano
−0.3% ¥16K/m² −6.0% 36
849Taku City
Saga
−0.3% ¥12K/m² −0.6% 40
850Sosa City
Chiba
−0.3% ¥18K/m² −0.6% 49
851Shimada City
Shizuoka
−0.3% ¥49K/m² −4.2% 53
852Higashisonogi Town
Nagasaki
−0.3% ¥12K/m² −3.3% 33
853Ie Village
Okinawa
−0.3% ¥10K/m² −3.9% 29
854Yamamoto Town
Miyagi
−0.3% ¥12K/m² +0.7% 44
855Matsushima Town
Miyagi
−0.3% ¥21K/m² −3.6% 46
856Nankan Town
Kumamoto
−0.3% ¥6,917/m² −1.2% 36
857Rausu Town
Hokkaido
−0.3% ¥7,600/m² −3.6% 34
858Odate City
Akita
−0.3% ¥14K/m² −3.6% 38
859Kasama City
Ibaraki
−0.3% ¥20K/m² −2.9% 45
860Yokote City
Akita
−0.3% ¥9,841/m² −3.8% 34
861Koryo Town
Nara
−0.3% ¥61K/m² −1.8% 51
862Shimotsuma City
Ibaraki
−0.3% ¥18K/m² −1.9% 46
863Shikokuchuo City
Ehime
−0.3% ¥36K/m² −2.9% 54
864Hanamaki City
Iwate
−0.3% ¥18K/m² −1.7% 46
865Katagami City
Akita
−0.3% ¥11K/m² −4.9% 33
866Kitaibaraki City
Ibaraki
−0.3% ¥20K/m² −2.6% 46
867Bando City
Ibaraki
−0.3% ¥20K/m² −1.9% 48
868Hidaka Village
Kochi
−0.3% ¥19K/m² −1.6% 41
869Itoda Town
Fukuoka
−0.3% ¥11K/m² −5.0% 30
870Kazo City
Saitama
−0.3% ¥33K/m² −1.8% 54
871Aisai City
Aichi
−0.3% ¥52K/m² −1.7% 52
872Gyoda City
Saitama
−0.3% ¥32K/m² −2.7% 50
873Hokuto City
Yamanashi
−0.3% ¥11K/m² −4.5% 38
874Shinjo City
Yamagata
−0.3% ¥23K/m² −1.1% 51
875Onan Town
Shimane
−0.3% ¥4,200/m² −4.5% 26
876Iwanai Town
Hokkaido
−0.3% ¥10K/m² +0.7% 42
877Takahata Town
Yamagata
−0.3% ¥15K/m² −0.8% 47
878Yokoshibahikari Town
Chiba
−0.3% ¥11K/m² −0.6% 43
879Hitachi City
Ibaraki
−0.3% ¥34K/m² −1.7% 55
880Ranzan Town
Saitama
−0.3% ¥37K/m² −0.9% 53
881Ino Town
Kochi
−0.3% ¥35K/m² −1.7% 54
882Kasai City
Hyogo
−0.3% ¥29K/m² −0.5% 55
883Yorii Town
Saitama
−0.3% ¥26K/m² −1.9% 50
884Tawaramoto Town
Nara
−0.3% ¥69K/m² −0.7% 59
885Nakatsugawa City
Gifu
−0.3% ¥19K/m² −1.8% 51
886Daigo Town
Ibaraki
−0.3% ¥9,248/m² −5.0% 30
887Innami Town
Wakayama
−0.3% ¥17K/m² −1.8% 39
888Hitachiota City
Ibaraki
−0.3% ¥18K/m² −2.0% 46
889Kaminoyama City
Yamagata
−0.3% ¥24K/m² −2.3% 50
890Hanyu City
Saitama
−0.3% ¥29K/m² −2.7% 53
891Tsuruoka City
Yamagata
−0.3% ¥17K/m² −1.5% 47
892Yatsushiro City
Kumamoto
−0.3% ¥19K/m² −1.0% 49
893Yurihonjo City
Akita
−0.3% ¥12K/m² −3.2% 38
894Oyama Town
Shizuoka
−0.3% ¥34K/m² −1.9% 50
895Bungotakada City
Oita
−0.3% ¥8,648/m² −1.5% 42
896Tamakawa Village
Fukushima
−0.2% ¥9,836/m² −2.3% 41
897Chiyoda Town
Gunma
−0.2% ¥18K/m² −4.0% 39
898Yuzawa Town
Niigata
−0.2% ¥17K/m² −4.9% 33
899Yanai City
Yamaguchi
−0.2% ¥27K/m² −1.8% 49
900Aya Town
Miyazaki
−0.2% ¥14K/m² −1.2% 43

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.