Municipalities in Japan (wards of designated cities counted separately) ranked by the average price of residential survey sites.
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Cities: residential | 1 year | 5 years | Index |
|---|---|---|---|---|---|
| 1 | Matsue City Shimane |
¥45K/m² | +0.4% | +1.5% | 67 |
| 2 | Izumo City Shimane |
¥25K/m² | +0.5% | +0.7% | 61 |
| 3 | Hamada City Shimane |
¥21K/m² | −2.4% | −6.0% | 34 |
| 4 | Yasugi City Shimane |
¥19K/m² | −1.8% | −8.6% | 27 |
| 5 | Masuda City Shimane |
¥19K/m² | −2.3% | −13.1% | 27 |
| 6 | Oda City Shimane |
¥17K/m² | −2.0% | −9.0% | 27 |
| 7 | Gotsu City Shimane |
¥16K/m² | −1.5% | −7.5% | 30 |
| 8 | Tsuwano Town Shimane |
¥16K/m² | −3.2% | −12.7% | 15 |
| 9 | Unnan City Shimane |
¥15K/m² | −0.8% | −3.5% | 38 |
| 10 | Okinoshima Town Shimane |
¥14K/m² | −2.3% | −9.0% | 20 |
| 11 | Nishinoshima Town Shimane |
¥13K/m² | −1.9% | −10.1% | 15 |
| 12 | Okuizumo Town Shimane |
¥12K/m² | −1.2% | −4.9% | 28 |
| 13 | Kawamoto Town Shimane |
¥9,954/m² | −2.0% | −9.2% | 14 |
| 14 | Yoshika Town Shimane |
¥8,150/m² | −2.0% | −8.8% | 13 |
| 15 | Ama Town Shimane |
¥5,983/m² | −0.8% | −4.0% | 23 |
| 16 | Iinan Town Shimane |
¥5,620/m² | −2.1% | −8.2% | 12 |
| 17 | Misato Town Shimane |
¥5,070/m² | −2.4% | −8.9% | 10 |
| 18 | Onan Town Shimane |
¥4,200/m² | −0.3% | −4.5% | 26 |
18 areas · calculated Nov 4, 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.