Biggest 5-year land price gains in Japan

Municipalities ranked by the 5-year change, chained from year-on-year changes of the same survey sites.

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Rank	Area	5-year growth	Avg. residential	1 year	Index
901	Iwade City Wakayama	−2.0%	¥38K/m²	+0.1%	51
902	Hitachiota City Ibaraki	−2.0%	¥18K/m²	−0.3%	46
903	Nakayama Town Yamagata	−2.0%	¥19K/m²	−0.4%	46
904	Setouchi City Okayama	−2.0%	¥21K/m²	−0.5%	49
905	Shimanto City Kochi	−2.0%	¥25K/m²	−0.2%	51
906	Kasaoka City Okayama	−2.1%	¥30K/m²	−0.5%	49
907	Naraha Town Fukushima	−2.1%	¥13K/m²	−1.2%	39
908	Yusuhara Town Kochi	−2.1%	¥14K/m²	−0.4%	37
909	Sakura City Tochigi	−2.1%	¥25K/m²	+0.1%	53
910	Hokuto City Hokkaido	−2.1%	¥22K/m²	−0.4%	49
911	Utazu Town Kagawa	−2.1%	¥34K/m²	−0.1%	47
912	Yachimata City Chiba	−2.1%	¥21K/m²	+0.4%	51
913	Hirono Town Fukushima	−2.2%	¥19K/m²	−1.2%	43
914	Mutsuzawa Town Chiba	−2.2%	¥12K/m²	−0.5%	38
915	Miki Town Kagawa	−2.2%	¥23K/m²	−0.1%	49
916	Aioi City Hyogo	−2.2%	¥40K/m²	−0.2%	51
917	Usa City Oita	−2.2%	¥9,867/m²	−0.2%	45
918	Matsushige Town Tokushima	−2.2%	¥36K/m²	−0.8%	46
919	Anan City Tokushima	−2.2%	¥31K/m²	−0.4%	53
920	Kakuda City Miyagi	−2.2%	¥17K/m²	−0.8%	42
921	Ogose Town Saitama	−2.2%	¥28K/m²	−0.4%	46
922	Oyabe City Toyama	−2.2%	¥22K/m²	−0.8%	44
923	Kaminoyama City Yamagata	−2.3%	¥24K/m²	−0.3%	50
924	Naruto City Tokushima	−2.3%	¥30K/m²	−0.4%	47
925	Tamakawa Village Fukushima	−2.3%	¥9,836/m²	−0.2%	41
926	Nagomi Town Kumamoto	−2.3%	¥4,796/m²	−0.2%	32
927	Misato Town Miyagi	−2.3%	¥14K/m²	+0.2%	46
928	Yokoze Town Saitama	−2.3%	¥32K/m²	−0.1%	47
929	Higashiomi City Shiga	−2.4%	¥29K/m²	−0.1%	56
930	Chichibu City Saitama	−2.4%	¥33K/m²	−0.5%	52
931	Inabe City Mie	−2.4%	¥20K/m²	−0.2%	50
932	Bungoono City Oita	−2.4%	¥9,084/m²	−0.5%	40
933	Nakano City Nagano	−2.4%	¥27K/m²	±0.0%	51
934	Ogawa Town Saitama	−2.4%	¥26K/m²	−0.5%	44
935	Ochi Town Kochi	−2.4%	¥21K/m²	−0.4%	44
936	Tsuno Town Kochi	−2.4%	¥11K/m²	−0.4%	37
937	Nabari City Mie	−2.4%	¥30K/m²	−0.4%	46
938	Kuroishi City Aomori	−2.4%	¥11K/m²	−0.8%	36
939	Teshikaga Town Hokkaido	−2.4%	¥5,510/m²	−0.8%	32
940	Asuka Village Nara	−2.4%	¥44K/m²	−0.5%	47
941	Matsusaka City Mie	−2.5%	¥29K/m²	−0.2%	55
942	Hita City Oita	−2.5%	¥19K/m²	±0.0%	51
943	Takachiho Town Miyazaki	−2.5%	¥14K/m²	±0.0%	40
944	Sakurai City Nara	−2.5%	¥50K/m²	−0.2%	53
945	Yakage Town Okayama	−2.5%	¥15K/m²	−0.4%	40
946	Itako City Ibaraki	−2.5%	¥12K/m²	−0.2%	42
947	Kamikawa Town Saitama	−2.5%	¥12K/m²	−0.4%	36
948	Yachiyo Town Ibaraki	−2.5%	¥13K/m²	−0.6%	40
949	Oto Town Fukuoka	−2.6%	¥9,662/m²	±0.0%	34
950	Shibecha Town Hokkaido	−2.6%	¥5,570/m²	−1.2%	30
951	Kitami City Hokkaido	−2.6%	¥14K/m²	−0.6%	41
952	Chikuma City Nagano	−2.6%	¥29K/m²	−0.2%	52
953	Kitaibaraki City Ibaraki	−2.6%	¥20K/m²	−0.3%	46
954	Tenri City Nara	−2.6%	¥55K/m²	−0.5%	53
955	Hitoyoshi City Kumamoto	−2.6%	¥17K/m²	−0.5%	44
956	Gyokuto Town Kumamoto	−2.6%	¥12K/m²	−0.1%	37
957	Shimizu Ward Shizuoka City, Shizuoka	−2.7%	¥86K/m²	−0.1%	61
958	Hanyu City Saitama	−2.7%	¥29K/m²	−0.3%	53
959	Kozaki Town Chiba	−2.7%	¥7,583/m²	−0.5%	31
960	Kami City Kochi	−2.7%	¥36K/m²	−0.5%	51
961	Ito City Shizuoka	−2.7%	¥45K/m²	−0.1%	55
962	Tonosho Town Chiba	−2.7%	¥12K/m²	−0.7%	35
963	Tamaki Town Mie	−2.7%	¥18K/m²	−0.1%	42
964	Umaji Village Kochi	−2.7%	¥6,673/m²	−0.4%	29
965	Kizugawa City Kyoto	−2.7%	¥61K/m²	+0.3%	58
966	Tottori City Tottori	−2.7%	¥33K/m²	−0.1%	57
967	Gyoda City Saitama	−2.7%	¥32K/m²	−0.3%	50
968	Hitachiomiya City Ibaraki	−2.7%	¥13K/m²	−0.2%	41
969	Nihonmatsu City Fukushima	−2.8%	¥20K/m²	−0.6%	46
970	Kumenan Town Okayama	−2.8%	¥7,205/m²	−0.5%	31
971	Maizuru City Kyoto	−2.8%	¥40K/m²	−0.8%	49
972	Minamioguni Town Kumamoto	−2.8%	¥9,633/m²	−0.4%	33
973	Naganuma Town Hokkaido	−2.8%	¥10K/m²	−0.2%	37
974	Engaru Town Hokkaido	−2.8%	¥8,796/m²	−0.2%	39
975	Kasama City Ibaraki	−2.9%	¥20K/m²	−0.3%	45
976	Tomi City Nagano	−2.9%	¥22K/m²	−0.5%	43
977	Kawaminami Town Miyazaki	−2.9%	¥11K/m²	−0.4%	35
978	Shikokuchuo City Ehime	−2.9%	¥36K/m²	−0.3%	54
979	Minamiashigara City Kanagawa	−2.9%	¥59K/m²	+0.1%	54
980	Sakaiminato City Tottori	−2.9%	¥15K/m²	−0.4%	41
981	Hokota City Ibaraki	−2.9%	¥9,906/m²	−0.1%	39
982	Oshu City Iwate	−2.9%	¥18K/m²	−0.9%	40
983	Ise City Mie	−3.0%	¥30K/m²	−0.2%	55
984	Takahagi City Ibaraki	−3.0%	¥21K/m²	−0.6%	44
985	Tabuse Town Yamaguchi	−3.0%	¥18K/m²	−0.4%	41
986	Sakuragawa City Ibaraki	−3.0%	¥16K/m²	−0.5%	42
987	Ashikita Town Kumamoto	−3.0%	¥17K/m²	−0.7%	40
988	Hirado City Nagasaki	−3.0%	¥11K/m²	±0.0%	39
989	Tadotsu Town Kagawa	−3.0%	¥27K/m²	−0.6%	45
990	Geisei Village Kochi	−3.0%	¥12K/m²	−0.6%	33
991	Minami Ward Niigata City, Niigata	−3.0%	¥23K/m²	−0.5%	48
992	Kirishima City Kagoshima	−3.0%	¥17K/m²	−0.2%	51
993	Namegata City Ibaraki	−3.0%	¥7,026/m²	−0.2%	36
994	Hokuei Town Tottori	−3.0%	¥12K/m²	−0.4%	35
995	Bandai Town Fukushima	−3.1%	¥7,735/m²	−1.1%	30
996	Motoyama Town Kochi	−3.1%	¥14K/m²	−0.6%	36
997	Godo Town Gifu	−3.1%	¥31K/m²	−0.6%	43
998	Fujinomiya City Shizuoka	−3.1%	¥37K/m²	−0.5%	51
999	Ishii Town Tokushima	−3.1%	¥31K/m²	−0.5%	47
1000	Murayama City Yamagata	−3.1%	¥18K/m²	−0.7%	41

1794 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.