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
1101	Yazu Town Tottori	−4.1%	¥16K/m²	−0.5%	37
1102	Chino City Nagano	−4.1%	¥25K/m²	±0.0%	49
1103	Sano City Tochigi	−4.1%	¥26K/m²	−0.8%	43
1104	Toon City Ehime	−4.2%	¥41K/m²	−0.4%	48
1105	Shimanto Town Kochi	−4.2%	¥15K/m²	−0.9%	35
1106	Usuki City Oita	−4.2%	¥24K/m²	−0.7%	45
1107	Shimada City Shizuoka	−4.2%	¥49K/m²	−0.3%	53
1108	Tobetsu Town Hokkaido	−4.2%	¥7,620/m²	−1.6%	20
1109	Yurihama Town Tottori	−4.2%	¥15K/m²	−0.5%	38
1110	Nahari Town Kochi	−4.2%	¥12K/m²	−0.9%	29
1111	Ayagawa Town Kagawa	−4.2%	¥19K/m²	−0.9%	40
1112	Taragi Town Kumamoto	−4.2%	¥5,733/m²	−0.7%	26
1113	Soeda Town Fukuoka	−4.2%	¥9,208/m²	−0.8%	27
1114	Hirao Town Yamaguchi	−4.2%	¥18K/m²	−0.8%	36
1115	Kannami Town Shizuoka	−4.3%	¥71K/m²	−0.7%	49
1116	Tono City Iwate	−4.3%	¥15K/m²	−1.4%	32
1117	Kobayashi City Miyazaki	−4.3%	¥14K/m²	−0.9%	40
1118	Mino City Gifu	−4.3%	¥23K/m²	−0.7%	41
1119	Suwa City Nagano	−4.3%	¥37K/m²	−0.6%	45
1120	Osaki City Miyagi	−4.3%	¥21K/m²	−1.7%	35
1121	Hamanaka Town Hokkaido	−4.3%	¥4,033/m²	−0.8%	26
1122	Kinokawa City Wakayama	−4.3%	¥20K/m²	−0.8%	42
1123	Mitake Town Gifu	−4.3%	¥17K/m²	−1.0%	34
1124	Shiroishi Town Saga	−4.3%	¥11K/m²	−0.6%	34
1125	Mitsuke City Niigata	−4.3%	¥23K/m²	−0.5%	43
1126	Wake Town Okayama	−4.3%	¥10K/m²	−0.7%	31
1127	Takanabe Town Miyazaki	−4.3%	¥19K/m²	−0.5%	39
1128	Taki Town Mie	−4.3%	¥14K/m²	−0.8%	33
1129	Hannan City Osaka	−4.4%	¥38K/m²	−0.6%	47
1130	Shichinohe Town Aomori	−4.4%	¥8,543/m²	−0.7%	31
1131	Kujukuri Town Chiba	−4.4%	¥8,571/m²	−1.0%	30
1132	Minano Town Saitama	−4.4%	¥22K/m²	−0.7%	36
1133	Gonohe Town Aomori	−4.4%	¥8,892/m²	−1.1%	28
1134	Nagato City Yamaguchi	−4.4%	¥13K/m²	−0.4%	36
1135	Hokuto City Yamanashi	−4.5%	¥11K/m²	−0.3%	38
1136	Gose City Nara	−4.5%	¥35K/m²	−1.0%	42
1137	Shirataka Town Yamagata	−4.5%	¥8,482/m²	−0.9%	28
1138	Shirako Town Chiba	−4.5%	¥10K/m²	−1.0%	29
1139	Komatsushima City Tokushima	−4.5%	¥30K/m²	−1.0%	42
1140	Nagaoka City Niigata	−4.5%	¥32K/m²	−0.8%	52
1141	Onan Town Shimane	−4.5%	¥4,200/m²	−0.3%	26
1142	Asagiri Town Kumamoto	−4.5%	¥5,795/m²	−1.1%	27
1143	Itayanagi Town Aomori	−4.5%	¥8,710/m²	±0.0%	35
1144	Minamata City Kumamoto	−4.5%	¥24K/m²	−1.4%	38
1145	Yuza Town Yamagata	−4.5%	¥9,898/m²	−1.3%	27
1146	Futtsu City Chiba	−4.5%	¥16K/m²	−0.4%	42
1147	Kanra Town Gunma	−4.5%	¥17K/m²	−0.7%	34
1148	Sannohe Town Aomori	−4.6%	¥14K/m²	−1.1%	33
1149	Oi Town Fukui	−4.6%	¥11K/m²	−1.0%	28
1150	Kuroshio Town Kochi	−4.6%	¥16K/m²	−1.1%	36
1151	Toyono Town Osaka	−4.6%	¥34K/m²	−0.7%	42
1152	Nagatoro Town Saitama	−4.6%	¥16K/m²	−0.7%	31
1153	Odai Town Mie	−4.6%	¥7,792/m²	−0.8%	24
1154	Yoro Town Gifu	−4.6%	¥21K/m²	−1.1%	35
1155	Mogami Town Yamagata	−4.6%	¥6,670/m²	−0.9%	26
1156	Tarui Town Gifu	−4.6%	¥34K/m²	−0.7%	44
1157	Shingu City Wakayama	−4.6%	¥35K/m²	−0.7%	44
1158	Omaezaki City Shizuoka	−4.7%	¥18K/m²	−0.9%	39
1159	Kure City Hiroshima	−4.7%	¥54K/m²	−0.5%	54
1160	Ena City Gifu	−4.7%	¥18K/m²	−0.9%	39
1161	Nakatosa Town Kochi	−4.7%	¥15K/m²	−0.9%	32
1162	Kurobe City Toyama	−4.7%	¥24K/m²	−0.9%	41
1163	Tochigi City Tochigi	−4.7%	¥22K/m²	−0.8%	40
1164	Tsushima City Nagasaki	−4.7%	¥13K/m²	−0.8%	33
1165	Toyooka City Hyogo	−4.7%	¥29K/m²	−0.7%	39
1166	Kusu Town Oita	−4.7%	¥20K/m²	−1.1%	36
1167	Aridagawa Town Wakayama	−4.7%	¥29K/m²	−0.4%	42
1168	Aizubange Town Fukushima	−4.7%	¥17K/m²	−1.2%	35
1169	Meiwa Town Mie	−4.7%	¥18K/m²	−0.5%	37
1170	Nantan City Kyoto	−4.7%	¥28K/m²	−0.9%	45
1171	Seki City Gifu	−4.7%	¥24K/m²	−1.0%	44
1172	Motosu City Gifu	−4.7%	¥23K/m²	−1.0%	40
1173	Oguni Town Kumamoto	−4.8%	¥9,633/m²	−1.0%	29
1174	Oshamanbe Town Hokkaido	−4.8%	¥5,660/m²	−0.8%	24
1175	Ando Town Nara	−4.8%	¥42K/m²	−1.4%	38
1176	Niyodogawa Town Kochi	−4.8%	¥8,472/m²	−1.0%	31
1177	Kunimi Town Fukushima	−4.9%	¥18K/m²	−1.3%	35
1178	Katagami City Akita	−4.9%	¥11K/m²	−0.3%	33
1179	Kumejima Town Okinawa	−4.9%	¥9,305/m²	±0.0%	29
1180	Nagara Town Chiba	−4.9%	¥9,975/m²	−1.0%	27
1181	Iyo City Ehime	−4.9%	¥31K/m²	−0.7%	42
1182	Shimoda City Shizuoka	−4.9%	¥50K/m²	−0.4%	47
1183	Okuizumo Town Shimane	−4.9%	¥12K/m²	−1.2%	28
1184	Tobe Town Ehime	−4.9%	¥36K/m²	−0.4%	43
1185	Shimizu Town Hokkaido	−4.9%	¥5,520/m²	−0.7%	26
1186	Arita Town Saga	−4.9%	¥14K/m²	−0.5%	31
1187	Kawara Town Fukuoka	−4.9%	¥13K/m²	−1.1%	29
1188	Kainan City Wakayama	−4.9%	¥42K/m²	−0.6%	46
1189	Echizen City Fukui	−4.9%	¥26K/m²	−0.6%	44
1190	Asago City Hyogo	−4.9%	¥22K/m²	−0.6%	39
1191	Numata City Gunma	−4.9%	¥27K/m²	−0.6%	44
1192	Mihama Town Mie	−4.9%	¥18K/m²	−0.6%	33
1193	Yuzawa Town Niigata	−4.9%	¥17K/m²	−0.2%	33
1194	Itoda Town Fukuoka	−5.0%	¥11K/m²	−0.3%	30
1195	Fujikawa Town Yamanashi	−5.0%	¥20K/m²	−0.9%	33
1196	Oishida Town Yamagata	−5.0%	¥9,544/m²	−1.2%	26
1197	Daigo Town Ibaraki	−5.0%	¥9,248/m²	−0.3%	30
1198	Kamiita Town Tokushima	−5.0%	¥13K/m²	−1.2%	27
1199	Fuefuki City Yamanashi	−5.0%	¥20K/m²	−0.7%	37
1200	Onjuku Town Chiba	−5.0%	¥16K/m²	−0.7%	32

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.