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 | Yamagata City Yamagata |
¥58K/m² | +0.6% | +6.0% | 73 |
| 2 | Tendo City Yamagata |
¥37K/m² | +1.1% | +5.9% | 71 |
| 3 | Higashine City Yamagata |
¥29K/m² | +0.6% | +4.4% | 66 |
| 4 | Sagae City Yamagata |
¥27K/m² | +0.3% | +0.9% | 61 |
| 5 | Kaminoyama City Yamagata |
¥24K/m² | −0.3% | −2.3% | 50 |
| 6 | Shinjo City Yamagata |
¥23K/m² | −0.3% | −1.1% | 51 |
| 7 | Yamanobe Town Yamagata |
¥22K/m² | −0.4% | −0.5% | 52 |
| 8 | Sakata City Yamagata |
¥21K/m² | −0.2% | −0.1% | 54 |
| 9 | Yonezawa City Yamagata |
¥19K/m² | −0.1% | −0.6% | 52 |
| 10 | Kahoku Town Yamagata |
¥19K/m² | ±0.0% | −0.2% | 54 |
| 11 | Nakayama Town Yamagata |
¥19K/m² | −0.4% | −2.0% | 46 |
| 12 | Nan-yo City Yamagata |
¥19K/m² | −0.1% | −0.9% | 51 |
| 13 | Murayama City Yamagata |
¥18K/m² | −0.7% | −3.1% | 41 |
| 14 | Tsuruoka City Yamagata |
¥17K/m² | −0.3% | −1.5% | 47 |
| 15 | Nagai City Yamagata |
¥16K/m² | −0.9% | −4.0% | 36 |
| 16 | Takahata Town Yamagata |
¥15K/m² | −0.3% | −0.8% | 47 |
| 17 | Obanazawa City Yamagata |
¥12K/m² | −1.1% | −5.4% | 27 |
| 18 | Mikawa Town Yamagata |
¥12K/m² | +0.3% | +0.1% | 50 |
| 19 | Shonai Town Yamagata |
¥11K/m² | −0.1% | −1.5% | 42 |
| 20 | Oguni Town Yamagata |
¥10K/m² | −1.0% | −5.2% | 28 |
| 21 | Oe Town Yamagata |
¥10K/m² | −0.9% | −5.1% | 29 |
| 22 | Yuza Town Yamagata |
¥9,898/m² | −1.3% | −4.5% | 27 |
| 23 | Oishida Town Yamagata |
¥9,544/m² | −1.2% | −5.0% | 26 |
| 24 | Kawanishi Town Yamagata |
¥9,062/m² | −0.8% | −5.8% | 27 |
| 25 | Shirataka Town Yamagata |
¥8,482/m² | −0.9% | −4.5% | 28 |
| 26 | Mamurogawa Town Yamagata |
¥7,824/m² | −1.0% | −5.8% | 24 |
| 27 | Asahi Town Yamagata |
¥7,570/m² | −1.0% | −5.2% | 25 |
| 28 | Mogami Town Yamagata |
¥6,670/m² | −0.9% | −4.6% | 26 |
| 29 | Funagata Town Yamagata |
¥6,633/m² | −1.2% | −3.5% | 26 |
| 30 | Kaneyama Town Yamagata |
¥6,500/m² | −1.2% | −6.6% | 20 |
| 31 | Nishikawa Town Yamagata |
¥4,940/m² | −1.1% | −5.8% | 20 |
| 32 | Iide Town Yamagata |
¥3,997/m² | −1.1% | −3.2% | 26 |
| 33 | Okura Village Yamagata |
¥3,815/m² | −1.3% | −6.7% | 16 |
| 34 | Sakegawa Village Yamagata |
¥3,357/m² | −1.3% | −6.8% | 15 |
| 35 | Tozawa Village Yamagata |
¥3,000/m² | −1.6% | −7.4% | 13 |
35 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.