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
1001	Minamiboso City Chiba	−3.1%	¥13K/m²	−0.4%	41
1002	Itano Town Tokushima	−3.1%	¥16K/m²	−0.4%	38
1003	Iide Town Yamagata	−3.2%	¥3,997/m²	−1.1%	26
1004	Yurihonjo City Akita	−3.2%	¥12K/m²	−0.3%	38
1005	Oura Town Gunma	−3.2%	¥24K/m²	−0.2%	47
1006	Otsuki Town Kochi	−3.2%	¥7,700/m²	−0.6%	28
1007	Mori Town Shizuoka	−3.3%	¥28K/m²	−0.6%	44
1008	Onagawa Town Miyagi	−3.3%	¥18K/m²	−0.5%	44
1009	Uken Village Kagoshima	−3.3%	¥4,045/m²	−0.6%	25
1010	Otoyo Town Kochi	−3.3%	¥12K/m²	−0.6%	34
1011	Iga City Mie	−3.3%	¥21K/m²	−0.5%	48
1012	Hidaka Town Wakayama	−3.3%	¥19K/m²	−0.4%	37
1013	Higashisonogi Town Nagasaki	−3.3%	¥12K/m²	−0.3%	33
1014	Oshima Town Tokyo	−3.3%	¥7,740/m²	−0.8%	28
1015	Inashiki City Ibaraki	−3.3%	¥8,341/m²	−0.9%	32
1016	Kashima City Saga	−3.3%	¥21K/m²	−0.5%	43
1017	Nishiwaki City Hyogo	−3.3%	¥19K/m²	−0.5%	41
1018	Noshiro City Akita	−3.3%	¥11K/m²	−0.7%	33
1019	Sakai City Fukui	−3.3%	¥26K/m²	−0.1%	52
1020	Nikaho City Akita	−3.3%	¥13K/m²	−0.5%	37
1021	Rikubetsu Town Hokkaido	−3.3%	¥2,950/m²	±0.0%	30
1022	Hoki Town Tottori	−3.3%	¥9,620/m²	−0.6%	33
1023	Otaki Town Chiba	−3.4%	¥6,508/m²	−0.6%	29
1024	Nirasaki City Yamanashi	−3.4%	¥29K/m²	−0.5%	43
1025	Tanba City Hyogo	−3.4%	¥15K/m²	−0.6%	43
1026	Manazuru Town Kanagawa	−3.4%	¥50K/m²	+0.2%	46
1027	Kurayoshi City Tottori	−3.4%	¥20K/m²	−0.4%	47
1028	Tamura City Fukushima	−3.4%	¥9,574/m²	−1.0%	33
1029	Oarai Town Ibaraki	−3.4%	¥23K/m²	−0.2%	47
1030	Zentsuji City Kagawa	−3.4%	¥25K/m²	−0.5%	45
1031	Tano Town Kochi	−3.4%	¥13K/m²	−0.7%	32
1032	Towada City Aomori	−3.4%	¥14K/m²	−0.7%	38
1033	Taiki Town Hokkaido	−3.4%	¥5,680/m²	−0.4%	31
1034	Kikai Town Kagoshima	−3.5%	¥5,646/m²	−0.6%	28
1035	Kori Town Fukushima	−3.5%	¥21K/m²	−0.6%	45
1036	Onomichi City Hiroshima	−3.5%	¥38K/m²	−0.5%	54
1037	Tsunagi Town Kumamoto	−3.5%	¥9,700/m²	−1.0%	29
1038	Tosa City Kochi	−3.5%	¥29K/m²	−0.5%	44
1039	Gokase Town Miyazaki	−3.5%	¥4,350/m²	±0.0%	29
1040	Unnan City Shimane	−3.5%	¥15K/m²	−0.8%	38
1041	Funagata Town Yamagata	−3.5%	¥6,633/m²	−1.2%	26
1042	Kitagawa Village Kochi	−3.5%	¥8,395/m²	−0.7%	29
1043	Tosa Town Kochi	−3.6%	¥14K/m²	−0.7%	33
1044	Yaizu City Shizuoka	−3.6%	¥47K/m²	−0.1%	53
1045	Rausu Town Hokkaido	−3.6%	¥7,600/m²	−0.3%	34
1046	Odate City Akita	−3.6%	¥14K/m²	−0.3%	38
1047	Sennan City Osaka	−3.6%	¥42K/m²	−0.6%	48
1048	Kanuma City Tochigi	−3.6%	¥25K/m²	−0.2%	48
1049	Matsushima Town Miyagi	−3.6%	¥21K/m²	−0.3%	46
1050	Mihara Village Kochi	−3.6%	¥5,215/m²	−0.7%	26
1051	Iida City Nagano	−3.6%	¥21K/m²	−0.5%	48
1052	Tahara City Aichi	−3.6%	¥33K/m²	−1.0%	47
1053	Iwami Town Tottori	−3.6%	¥12K/m²	−0.5%	33
1054	Sakuho Town Nagano	−3.7%	¥18K/m²	−0.4%	37
1055	Tsuruta Town Aomori	−3.7%	¥9,200/m²	−0.7%	33
1056	Manno Town Kagawa	−3.7%	¥13K/m²	−0.7%	35
1057	Shibata City Niigata	−3.7%	¥23K/m²	−0.7%	47
1058	Akaiwa City Okayama	−3.8%	¥15K/m²	−0.7%	41
1059	Kawabe Town Gifu	−3.8%	¥21K/m²	−0.8%	38
1060	Tsubame City Niigata	−3.8%	¥29K/m²	−0.7%	49
1061	Shirahama Town Wakayama	−3.8%	¥27K/m²	−0.4%	41
1062	Otawara City Tochigi	−3.8%	¥19K/m²	−0.6%	42
1063	Aka Village Fukuoka	−3.8%	¥4,917/m²	−1.1%	21
1064	Ibaraki Town Ibaraki	−3.8%	¥16K/m²	−0.8%	37
1065	Osato Town Miyagi	−3.8%	¥10K/m²	−0.8%	33
1066	Miharu Town Fukushima	−3.8%	¥17K/m²	−0.8%	42
1067	Konan City Kochi	−3.8%	¥26K/m²	−0.7%	45
1068	Goshogawara City Aomori	−3.8%	¥12K/m²	−0.5%	37
1069	Yokote City Akita	−3.8%	¥9,841/m²	−0.3%	34
1070	Sakaide City Kagawa	−3.8%	¥31K/m²	−0.8%	48
1071	Toyosato Town Shiga	−3.8%	¥15K/m²	−0.4%	35
1072	Chosei Village Chiba	−3.8%	¥12K/m²	−0.7%	36
1073	Nakajima Village Fukushima	−3.9%	¥8,766/m²	−1.0%	32
1074	Daisen City Akita	−3.9%	¥11K/m²	−0.4%	34
1075	Kanoya City Kagoshima	−3.9%	¥9,910/m²	−0.4%	42
1076	Kan-onji City Kagawa	−3.9%	¥23K/m²	−0.7%	44
1077	Isumi City Chiba	−3.9%	¥13K/m²	−0.6%	37
1078	Kawachi Town Ibaraki	−3.9%	¥10K/m²	−0.6%	34
1079	Yamakita Town Kanagawa	−3.9%	¥38K/m²	−0.1%	43
1080	Ikeda Town Gifu	−3.9%	¥24K/m²	−0.5%	40
1081	Ie Village Okinawa	−3.9%	¥10K/m²	−0.3%	29
1082	Akiota Town Hiroshima	−3.9%	¥8,190/m²	−0.8%	24
1083	Hatoyama Town Saitama	−3.9%	¥29K/m²	−0.7%	44
1084	Tsuyama City Okayama	−3.9%	¥20K/m²	−0.5%	44
1085	Nanbu Town Aomori	−4.0%	¥9,490/m²	−0.5%	34
1086	Taketa City Oita	−4.0%	¥11K/m²	−0.7%	36
1087	Chiyoda Town Gunma	−4.0%	¥18K/m²	−0.2%	39
1088	Hashimoto City Wakayama	−4.0%	¥31K/m²	−0.6%	44
1089	Midori City Gunma	−4.0%	¥19K/m²	−0.2%	44
1090	Takasu Town Hokkaido	−4.0%	¥11K/m²	±0.0%	38
1091	Atsuma Town Hokkaido	−4.0%	¥5,219/m²	−0.1%	30
1092	Taka Town Hyogo	−4.0%	¥8,721/m²	−0.7%	31
1093	Nagai City Yamagata	−4.0%	¥16K/m²	−0.9%	36
1094	Chonan Town Chiba	−4.0%	¥9,917/m²	−0.7%	31
1095	Ama Town Shimane	−4.0%	¥5,983/m²	−0.8%	23
1096	Minabe Town Wakayama	−4.1%	¥25K/m²	−0.5%	38
1097	Tateshina Town Nagano	−4.1%	¥11K/m²	−0.9%	28
1098	Yugawa Village Fukushima	−4.1%	¥7,570/m²	−1.2%	28
1099	Kumatori Town Osaka	−4.1%	¥51K/m²	−0.7%	48
1100	Awara City Fukui	−4.1%	¥20K/m²	−0.5%	40

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.