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
1201	Niihama City Ehime	−5.0%	¥35K/m²	−0.7%	45
1202	Wakuya Town Miyagi	−5.0%	¥13K/m²	−0.6%	35
1203	Iitate Village Fukushima	−5.0%	¥4,400/m²	−1.0%	21
1204	Takaoka City Toyama	−5.0%	¥30K/m²	−1.0%	47
1205	Uda City Nara	−5.0%	¥22K/m²	−1.1%	37
1206	Hashikami Town Aomori	−5.0%	¥7,742/m²	−0.9%	27
1207	Marumori Town Miyagi	−5.0%	¥10K/m²	−1.1%	26
1208	Mitoyo City Kagawa	−5.0%	¥15K/m²	−0.9%	38
1209	Uenohara City Yamanashi	−5.0%	¥36K/m²	−1.0%	38
1210	Agano City Niigata	−5.0%	¥14K/m²	−0.7%	38
1211	Sanuki City Kagawa	−5.0%	¥21K/m²	−1.0%	37
1212	Saiki City Oita	−5.1%	¥17K/m²	−0.7%	40
1213	Mutsu City Aomori	−5.1%	¥9,436/m²	−0.7%	29
1214	Shinto Village Gunma	−5.1%	¥22K/m²	−0.7%	36
1215	Oe Town Yamagata	−5.1%	¥10K/m²	−0.9%	29
1216	Reihoku Town Kumamoto	−5.2%	¥12K/m²	−1.1%	27
1217	Nanto City Toyama	−5.2%	¥18K/m²	−0.9%	37
1218	Kanan Town Osaka	−5.2%	¥31K/m²	−0.8%	39
1219	Niikappu Town Hokkaido	−5.2%	¥6,650/m²	−0.5%	28
1220	Ishinomaki City Miyagi	−5.2%	¥29K/m²	−1.2%	41
1221	Oguni Town Yamagata	−5.2%	¥10K/m²	−1.0%	28
1222	Asahi Town Yamagata	−5.2%	¥7,570/m²	−1.0%	25
1223	Koge Town Fukuoka	−5.2%	¥8,110/m²	−1.1%	24
1224	Ono Town Gifu	−5.3%	¥23K/m²	−0.6%	38
1225	Kitahiroshima Town Hiroshima	−5.3%	¥11K/m²	−0.9%	31
1226	Kimino Town Wakayama	−5.3%	¥17K/m²	−1.5%	25
1227	Shibukawa City Gunma	−5.3%	¥25K/m²	−0.5%	44
1228	Shitara Town Aichi	−5.3%	¥7,847/m²	−2.2%	19
1229	Nasushiobara City Tochigi	−5.3%	¥20K/m²	−0.9%	37
1230	Tsumagoi Village Gunma	−5.3%	¥8,833/m²	−0.6%	29
1231	Matsuura City Nagasaki	−5.4%	¥9,275/m²	−0.9%	26
1232	Ogano Town Saitama	−5.4%	¥16K/m²	−1.2%	27
1233	Rikuzentakata City Iwate	−5.4%	¥17K/m²	−1.5%	31
1234	Obanazawa City Yamagata	−5.4%	¥12K/m²	−1.1%	27
1235	Kyotango City Kyoto	−5.4%	¥13K/m²	−0.9%	36
1236	Murakami City Niigata	−5.4%	¥14K/m²	−0.9%	37
1237	Saijo City Ehime	−5.4%	¥30K/m²	−0.6%	46
1238	Namerikawa City Toyama	−5.4%	¥21K/m²	−1.1%	37
1239	Maibara City Shiga	−5.5%	¥27K/m²	−0.7%	42
1240	Tsuno Town Miyazaki	−5.5%	¥11K/m²	−1.0%	28
1241	Tamano City Okayama	−5.5%	¥30K/m²	−1.0%	42
1242	Gosen City Niigata	−5.5%	¥21K/m²	−1.2%	39
1243	Abashiri City Hokkaido	−5.5%	¥16K/m²	−1.2%	32
1244	Uchiko Town Ehime	−5.5%	¥21K/m²	−0.9%	35
1245	Higashikushira Town Kagoshima	−5.5%	¥5,177/m²	−1.1%	21
1246	Katsuura City Chiba	−5.5%	¥18K/m²	−0.4%	39
1247	Watarai Town Mie	−5.6%	¥8,483/m²	−0.8%	24
1248	Ojika Town Nagasaki	−5.6%	¥5,170/m²	−0.6%	24
1249	Obama City Fukui	−5.6%	¥33K/m²	−1.5%	38
1250	Oga City Akita	−5.6%	¥7,309/m²	−0.7%	24
1251	Hinokage Town Miyazaki	−5.6%	¥3,980/m²	−0.8%	20
1252	Misaki Town Okayama	−5.6%	¥5,420/m²	−0.9%	26
1253	Soma City Fukushima	−5.6%	¥28K/m²	−1.5%	39
1254	Murata Town Miyagi	−5.6%	¥10K/m²	−1.6%	25
1255	Kotohira Town Kagawa	−5.6%	¥23K/m²	−1.1%	34
1256	Omachi City Nagano	−5.6%	¥11K/m²	−0.8%	32
1257	Yamagata City Gifu	−5.6%	¥18K/m²	−1.2%	34
1258	Okaya City Nagano	−5.6%	¥34K/m²	−0.6%	43
1259	Achi Village Nagano	−5.7%	¥4,882/m²	−0.9%	22
1260	Misato Town Miyazaki	−5.7%	¥4,173/m²	−0.8%	22
1261	Daisen Town Tottori	−5.7%	¥6,543/m²	−1.2%	23
1262	Akitakata City Hiroshima	−5.7%	¥11K/m²	−1.1%	30
1263	Awa City Tokushima	−5.7%	¥11K/m²	−1.5%	27
1264	Hioki City Kagoshima	−5.7%	¥16K/m²	−1.2%	35
1265	Nayoro City Hokkaido	−5.7%	¥9,089/m²	−1.1%	27
1266	Yamanashi City Yamanashi	−5.7%	¥22K/m²	−1.2%	35
1267	Gujo City Gifu	−5.7%	¥22K/m²	−1.1%	38
1268	Yahiko Village Niigata	−5.7%	¥22K/m²	−1.1%	32
1269	Aki City Kochi	−5.7%	¥26K/m²	−1.1%	37
1270	Iiyama City Nagano	−5.8%	¥16K/m²	−1.0%	33
1271	Tsukumi City Oita	−5.8%	¥21K/m²	−1.0%	33
1272	Nachikatsuura Town Wakayama	−5.8%	¥22K/m²	−0.7%	35
1273	Kushimoto Town Wakayama	−5.8%	¥26K/m²	−1.1%	36
1274	Kawanishi Town Yamagata	−5.8%	¥9,062/m²	−0.8%	27
1275	Mamurogawa Town Yamagata	−5.8%	¥7,824/m²	−1.0%	24
1276	Nishikawa Town Yamagata	−5.8%	¥4,940/m²	−1.1%	20
1277	Shimosuwa Town Nagano	−5.8%	¥41K/m²	−0.6%	42
1278	Yoshinogawa City Tokushima	−5.8%	¥22K/m²	−1.3%	36
1279	Yuzawa City Akita	−5.8%	¥9,329/m²	−0.8%	27
1280	Koura Town Shiga	−5.8%	¥9,800/m²	−1.3%	21
1281	Yasuda Town Kochi	−5.8%	¥11K/m²	−1.3%	24
1282	Morotsuka Village Miyazaki	−5.9%	¥2,060/m²	−1.1%	16
1283	Tara Town Saga	−5.9%	¥9,395/m²	−1.0%	24
1284	Yoshitomi Town Fukuoka	−5.9%	¥16K/m²	−0.7%	31
1285	Fujioka City Gunma	−5.9%	¥23K/m²	−1.0%	39
1286	Kumano City Mie	−5.9%	¥23K/m²	−0.9%	33
1287	Hirogawa Town Wakayama	−5.9%	¥22K/m²	−0.6%	33
1288	Susaki City Kochi	−5.9%	¥28K/m²	−1.0%	35
1289	Noboribetsu City Hokkaido	−5.9%	¥14K/m²	−1.1%	29
1290	Unzen City Nagasaki	−6.0%	¥13K/m²	−1.1%	33
1291	Fujimi Town Nagano	−6.0%	¥16K/m²	−0.3%	36
1292	Kotoura Town Tottori	−6.0%	¥13K/m²	−1.2%	28
1293	Takehara City Hiroshima	−6.0%	¥31K/m²	−0.8%	39
1294	Numazu City Shizuoka	−6.0%	¥78K/m²	−0.6%	52
1295	Shiranuka Town Hokkaido	−6.0%	¥5,600/m²	−1.7%	20
1296	Hamada City Shimane	−6.0%	¥21K/m²	−2.4%	34
1297	Ibara City Okayama	−6.0%	¥17K/m²	−1.2%	33
1298	Kozagawa Town Wakayama	−6.0%	¥12K/m²	−1.7%	22
1299	Tokigawa Town Saitama	−6.1%	¥16K/m²	−1.0%	30
1300	Minamisoma City Fukushima	−6.1%	¥20K/m²	−1.8%	34

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.