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
1401	Iizuna Town Nagano	−7.4%	¥9,122/m²	−1.0%	22
1402	Monbetsu City Hokkaido	−7.4%	¥6,625/m²	−1.1%	20
1403	Miyako Town Fukuoka	−7.4%	¥9,656/m²	−1.9%	22
1404	Shirosato Town Ibaraki	−7.4%	¥9,288/m²	−1.5%	20
1405	Tozawa Village Yamagata	−7.4%	¥3,000/m²	−1.6%	13
1406	Kamikawa Town Hyogo	−7.4%	¥8,950/m²	−1.2%	18
1407	Nichinan City Miyazaki	−7.4%	¥16K/m²	−1.8%	31
1408	Mine City Yamaguchi	−7.5%	¥6,670/m²	−0.9%	22
1409	Matsukawa Town Nagano	−7.5%	¥15K/m²	−1.0%	25
1410	Yawatahama City Ehime	−7.5%	¥40K/m²	−1.3%	37
1411	Imabari City Ehime	−7.5%	¥28K/m²	−1.0%	44
1412	Tonosho Town Kagawa	−7.5%	¥23K/m²	−1.6%	30
1413	Myoko City Niigata	−7.5%	¥12K/m²	+0.1%	33
1414	Miyako City Iwate	−7.5%	¥25K/m²	−2.1%	29
1415	Gotsu City Shimane	−7.5%	¥16K/m²	−1.5%	30
1416	Sukumo City Kochi	−7.5%	¥18K/m²	−1.6%	26
1417	Iijima Town Nagano	−7.6%	¥10K/m²	−1.1%	21
1418	Takahashi City Okayama	−7.6%	¥16K/m²	−1.3%	28
1419	Kaga City Ishikawa	−7.6%	¥19K/m²	−1.3%	34
1420	Izumizaki Village Fukushima	−7.6%	¥10K/m²	−1.5%	23
1421	Anan Town Nagano	−7.6%	¥2,995/m²	−1.1%	14
1422	Mitane Town Akita	−7.6%	¥4,000/m²	−0.9%	16
1423	Nagi Town Okayama	−7.6%	¥6,015/m²	−1.4%	16
1424	Hirata Village Fukushima	−7.6%	¥6,712/m²	−1.6%	18
1425	Shimogo Town Fukushima	−7.7%	¥6,898/m²	−1.4%	19
1426	Shibushi City Kagoshima	−7.7%	¥6,094/m²	−1.3%	24
1427	Tohoku Town Aomori	−7.7%	¥5,706/m²	−1.6%	16
1428	Kazuno City Akita	−7.7%	¥10K/m²	−1.2%	22
1429	Takko Town Aomori	−7.7%	¥5,912/m²	−1.8%	15
1430	Sumoto City Hyogo	−7.7%	¥32K/m²	−0.5%	37
1431	Yabu City Hyogo	−7.7%	¥18K/m²	−0.9%	28
1432	Kamiamakusa City Kumamoto	−7.7%	¥11K/m²	−1.2%	25
1433	Yakushima Town Kagoshima	−7.8%	¥6,314/m²	−1.1%	21
1434	Bihoro Town Hokkaido	−7.8%	¥12K/m²	−1.6%	23
1435	Tome City Miyagi	−7.8%	¥10K/m²	−1.7%	21
1436	Higashikagawa City Kagawa	−7.8%	¥17K/m²	−1.8%	26
1437	Izumi City Kagoshima	−7.8%	¥11K/m²	−1.7%	27
1438	Ugo Town Akita	−7.9%	¥5,740/m²	−0.9%	19
1439	Sado City Niigata	−7.9%	¥9,931/m²	−1.4%	27
1440	Minamiyamashiro Village Kyoto	−7.9%	¥8,330/m²	−1.0%	16
1441	Ako City Hyogo	−7.9%	¥41K/m²	−1.8%	37
1442	Abu Town Yamaguchi	−7.9%	¥5,970/m²	−1.4%	13
1443	Shima City Mie	−7.9%	¥13K/m²	−1.3%	26
1444	Kagamino Town Okayama	−7.9%	¥6,217/m²	−1.4%	20
1445	Nasu Town Tochigi	−7.9%	¥8,613/m²	−1.4%	19
1446	Annaka City Gunma	−8.0%	¥20K/m²	−1.0%	34
1447	Niimi City Okayama	−8.0%	¥12K/m²	−1.4%	25
1448	Yamato Town Kumamoto	−8.0%	¥7,130/m²	−1.3%	21
1449	Shodoshima Town Kagawa	−8.0%	¥15K/m²	−1.3%	25
1450	Maniwa City Okayama	−8.0%	¥12K/m²	−1.4%	27
1451	Joetsu City Niigata	−8.0%	¥19K/m²	−1.6%	38
1452	Aga Town Niigata	−8.0%	¥6,690/m²	−1.4%	19
1453	Kokonoe Town Oita	−8.1%	¥5,100/m²	−0.6%	23
1454	Shioya Town Tochigi	−8.1%	¥10K/m²	−1.5%	21
1455	Yamazoe Village Nara	−8.1%	¥7,533/m²	−1.7%	14
1456	Yuasa Town Wakayama	−8.2%	¥27K/m²	−1.0%	30
1457	Susami Town Wakayama	−8.2%	¥14K/m²	−1.2%	24
1458	Ikeda Town Hokkaido	−8.2%	¥5,260/m²	−1.2%	16
1459	Toyo Town Kochi	−8.2%	¥11K/m²	−2.0%	19
1460	Higashimiyoshi Town Tokushima	−8.2%	¥18K/m²	−1.6%	25
1461	Kushima City Miyazaki	−8.2%	¥11K/m²	−1.6%	23
1462	Gero City Gifu	−8.2%	¥15K/m²	−0.8%	30
1463	Nanbu Town Yamanashi	−8.2%	¥12K/m²	−1.8%	18
1464	Iinan Town Shimane	−8.2%	¥5,620/m²	−2.1%	12
1465	Sekigahara Town Gifu	−8.2%	¥18K/m²	−1.7%	22
1466	Date City Hokkaido	−8.2%	¥17K/m²	−1.4%	26
1467	Ichikawa Town Hyogo	−8.3%	¥9,533/m²	−1.4%	16
1468	Kawazu Town Shizuoka	−8.3%	¥26K/m²	−1.2%	29
1469	Nishikatsura Town Yamanashi	−8.3%	¥22K/m²	−1.6%	24
1470	Shari Town Hokkaido	−8.3%	¥8,060/m²	−1.6%	17
1471	Izunokuni City Shizuoka	−8.3%	¥62K/m²	−1.6%	37
1472	Inawashiro Town Fukushima	−8.3%	¥14K/m²	−1.7%	23
1473	Niki Town Hokkaido	−8.3%	¥6,217/m²	−0.8%	20
1474	Kimotsuki Town Kagoshima	−8.3%	¥5,708/m²	−1.5%	20
1475	Tone Town Ibaraki	−8.3%	¥13K/m²	−0.8%	28
1476	Uwajima City Ehime	−8.3%	¥30K/m²	−1.7%	35
1477	Asahi Town Toyama	−8.4%	¥17K/m²	−1.6%	24
1478	Otsuki City Yamanashi	−8.4%	¥41K/m²	−1.9%	33
1479	Asakawa Town Fukushima	−8.4%	¥12K/m²	−1.4%	23
1480	Kiho Town Mie	−8.4%	¥18K/m²	−1.3%	24
1481	Naganohara Town Gunma	−8.4%	¥7,050/m²	−1.6%	17
1482	Minamiise Town Mie	−8.4%	¥10K/m²	−1.4%	18
1483	Toyone Village Aichi	−8.4%	¥3,487/m²	−1.9%	10
1484	Iwamizawa City Hokkaido	−8.4%	¥9,569/m²	−1.3%	19
1485	Minowa Town Nagano	−8.4%	¥20K/m²	−1.2%	30
1486	Tokamachi City Niigata	−8.5%	¥13K/m²	−1.4%	28
1487	Tomioka City Gunma	−8.5%	¥23K/m²	−1.3%	34
1488	Ofunato City Iwate	−8.5%	¥23K/m²	−2.0%	29
1489	Katsuura Town Tokushima	−8.5%	¥13K/m²	−1.8%	19
1490	Kamiyama Town Tokushima	−8.5%	¥11K/m²	−1.8%	17
1491	Ozu City Ehime	−8.5%	¥27K/m²	−1.6%	31
1492	Kihoku Town Mie	−8.6%	¥17K/m²	−1.6%	24
1493	Kitaakita City Akita	−8.6%	¥6,449/m²	−1.6%	14
1494	Chikujo Town Fukuoka	−8.6%	¥12K/m²	−2.1%	20
1495	Rishirifuji Town Hokkaido	−8.6%	¥4,475/m²	−1.4%	15
1496	Yasugi City Shimane	−8.6%	¥19K/m²	−1.8%	27
1497	Owani Town Aomori	−8.6%	¥8,250/m²	−1.9%	16
1498	Kumakogen Town Ehime	−8.7%	¥6,625/m²	−1.7%	20
1499	Ninohe City Iwate	−8.7%	¥18K/m²	−1.6%	24
1500	Fuchu City Hiroshima	−8.7%	¥22K/m²	−1.9%	28

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.