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
1601	Yuni Town Hokkaido	−10.7%	¥4,283/m²	−1.9%	9
1602	Minakami Town Gunma	−10.7%	¥15K/m²	−1.8%	18
1603	Choshi City Chiba	−10.8%	¥28K/m²	−2.9%	31
1604	Yunomae Town Kumamoto	−10.8%	¥4,750/m²	−1.3%	11
1605	Higashidori Village Aomori	−10.8%	¥2,833/m²	−2.3%	7
1606	Taiki Town Mie	−10.8%	¥7,070/m²	−2.2%	10
1607	Minamishimabara City Nagasaki	−10.8%	¥12K/m²	−2.0%	21
1608	Sotogahama Town Aomori	−10.8%	¥4,667/m²	−2.3%	8
1609	Takaharu Town Miyazaki	−10.9%	¥8,848/m²	−1.5%	17
1610	Shikabe Town Hokkaido	−10.9%	¥5,167/m²	−2.2%	9
1611	Goto City Nagasaki	−10.9%	¥8,460/m²	−1.5%	19
1612	Nakagawa Town Tochigi	−10.9%	¥10K/m²	−2.5%	14
1613	Wadomari Town Kagoshima	−11.0%	¥7,940/m²	−2.2%	12
1614	Samegawa Village Fukushima	−11.0%	¥4,653/m²	−3.0%	9
1615	Kosa Town Kumamoto	−11.0%	¥13K/m²	−2.1%	22
1616	Kanmaki Town Nara	−11.0%	¥47K/m²	−1.9%	32
1617	Kamijima Town Ehime	−11.1%	¥9,107/m²	−1.9%	13
1618	Minobu Town Yamanashi	−11.1%	¥9,628/m²	−2.7%	12
1619	Urahoro Town Hokkaido	−11.1%	¥4,180/m²	−2.8%	8
1620	Biratori Town Hokkaido	−11.1%	¥2,303/m²	−2.4%	6
1621	Nishiwaga Town Iwate	−11.2%	¥3,816/m²	−2.4%	6
1622	Izu City Shizuoka	−11.2%	¥35K/m²	−1.8%	31
1623	Nagiso Town Nagano	−11.2%	¥6,523/m²	−2.2%	11
1624	Fujisato Town Akita	−11.2%	¥2,975/m²	−2.0%	7
1625	Takashima City Shiga	−11.2%	¥16K/m²	−1.7%	28
1626	Nishiizu Town Shizuoka	−11.3%	¥22K/m²	−1.4%	24
1627	Fudai Village Iwate	−11.3%	¥9,165/m²	−2.1%	12
1628	Tadami Town Fukushima	−11.3%	¥4,780/m²	−2.4%	8
1629	Fukaura Town Aomori	−11.4%	¥4,100/m²	−2.6%	7
1630	China Town Kagoshima	−11.4%	¥6,590/m²	−2.5%	11
1631	Tsurugi Town Tokushima	−11.4%	¥14K/m²	−2.4%	17
1632	Itoigawa City Niigata	−11.5%	¥22K/m²	−2.5%	25
1633	Horokanai Town Hokkaido	−11.5%	¥1,580/m²	−1.6%	8
1634	Zao Town Miyagi	−11.5%	¥9,490/m²	−1.6%	15
1635	Tenryu-ku Hamamatsu City, Shizuoka	−11.6%	¥15K/m²	−2.4%	24
1636	Minamikyushu City Kagoshima	−11.6%	¥8,940/m²	−2.9%	19
1637	Suooshima Town Yamaguchi	−11.7%	¥12K/m²	−2.6%	19
1638	Isen Town Kagoshima	−11.7%	¥3,920/m²	−2.2%	7
1639	Mihama Town Aichi	−11.7%	¥22K/m²	−1.5%	25
1640	Sai Village Aomori	−11.7%	¥4,433/m²	−2.8%	6
1641	Ozora Town Hokkaido	−11.7%	¥6,060/m²	−2.2%	9
1642	Nakanoto Town Ishikawa	−11.7%	¥7,980/m²	−1.9%	15
1643	Ichikai Town Tochigi	−11.8%	¥14K/m²	−2.2%	16
1644	Kamigori Town Hyogo	−11.8%	¥17K/m²	−1.8%	21
1645	Iwaizumi Town Iwate	−11.8%	¥14K/m²	−2.6%	16
1646	Hamatonbetsu Town Hokkaido	−11.8%	¥3,660/m²	−2.1%	7
1647	Kuma Village Kumamoto	−11.8%	¥3,567/m²	−1.4%	9
1648	Yubetsu Town Hokkaido	−11.8%	¥3,100/m²	−1.7%	8
1649	Nishiaizu Town Fukushima	−11.9%	¥6,350/m²	−3.3%	9
1650	Tagami Town Niigata	−11.9%	¥15K/m²	−2.2%	17
1651	Gojo City Nara	−11.9%	¥18K/m²	−2.8%	21
1652	Okoppe Town Hokkaido	−11.9%	¥3,880/m²	−2.4%	7
1653	Shin-onsen Town Hyogo	−11.9%	¥20K/m²	−1.7%	20
1654	Kuji City Iwate	−11.9%	¥16K/m²	−3.0%	16
1655	Hirono Town Iwate	−12.0%	¥8,958/m²	−2.3%	11
1656	Osakikamijima Town Hiroshima	−12.0%	¥12K/m²	−2.5%	13
1657	Wassamu Town Hokkaido	−12.0%	¥4,425/m²	−1.7%	9
1658	Happo Town Akita	−12.0%	¥3,800/m²	−2.6%	5
1659	Tenkawa Village Nara	−12.3%	¥8,073/m²	−2.6%	10
1660	Rishiri Town Hokkaido	−12.3%	¥2,675/m²	−2.1%	6
1661	Mori Town Hokkaido	−12.3%	¥7,770/m²	−2.7%	9
1662	Yakumo Town Hokkaido	−12.3%	¥12K/m²	−2.1%	14
1663	Hodatsushimizu Town Ishikawa	−12.3%	¥8,862/m²	−1.7%	12
1664	Wakasa Town Fukui	−12.3%	¥13K/m²	−1.6%	16
1665	Bifuka Town Hokkaido	−12.3%	¥2,580/m²	−2.3%	5
1666	Minamiosumi Town Kagoshima	−12.3%	¥5,792/m²	−2.6%	13
1667	Wakkanai City Hokkaido	−12.4%	¥10K/m²	−2.4%	13
1668	Otsuchi Town Iwate	−12.5%	¥21K/m²	−2.8%	22
1669	Nakanojo Town Gunma	−12.5%	¥18K/m²	−1.9%	19
1670	Yusui Town Kagoshima	−12.5%	¥6,913/m²	−3.3%	17
1671	Yamanouchi Town Nagano	−12.5%	¥18K/m²	−2.6%	18
1672	Nakadomari Town Aomori	−12.6%	¥5,329/m²	−2.0%	8
1673	Tsuwano Town Shimane	−12.7%	¥16K/m²	−3.2%	15
1674	Minamisanriku Town Miyagi	−12.7%	¥11K/m²	−3.7%	12
1675	Higashiyoshino Village Nara	−12.8%	¥7,840/m²	−2.6%	8
1676	Tsubetsu Town Hokkaido	−12.8%	¥4,067/m²	−2.6%	6
1677	Akune City Kagoshima	−12.8%	¥9,237/m²	−2.6%	15
1678	Himeshima Village Oita	−12.8%	¥8,670/m²	−2.5%	11
1679	Sera Town Hiroshima	−12.9%	¥7,820/m²	−1.9%	14
1680	Oyodo Town Nara	−12.9%	¥21K/m²	−2.8%	22
1681	Shiriuchi Town Hokkaido	−12.9%	¥4,350/m²	−2.9%	5
1682	Okushiri Town Hokkaido	−12.9%	¥4,525/m²	−2.1%	7
1683	Matsuzaki Town Shizuoka	−13.0%	¥18K/m²	−1.1%	20
1684	Hida City Gifu	−13.0%	¥20K/m²	−2.4%	23
1685	Kawanehon Town Shizuoka	−13.1%	¥8,788/m²	−2.9%	11
1686	Masuda City Shimane	−13.1%	¥19K/m²	−2.3%	27
1687	Kaiyo Town Tokushima	−13.1%	¥11K/m²	−2.7%	16
1688	Wazuka Town Kyoto	−13.2%	¥13K/m²	−3.1%	11
1689	Suttsu Town Hokkaido	−13.2%	¥5,075/m²	−1.7%	9
1690	Kikonai Town Hokkaido	−13.2%	¥8,430/m²	−2.9%	9
1691	Honbetsu Town Hokkaido	−13.2%	¥7,500/m²	−4.4%	7
1692	Totsukawa Village Nara	−13.3%	¥7,730/m²	−2.7%	8
1693	Nasukarasuyama City Tochigi	−13.4%	¥11K/m²	−2.9%	12
1694	Kiyosato Town Hokkaido	−13.4%	¥3,067/m²	−2.8%	4
1695	Nakagawa Town Hokkaido	−13.4%	¥1,875/m²	−2.8%	3
1696	Kami Town Hyogo	−13.5%	¥15K/m²	−1.9%	17
1697	Setana Town Hokkaido	−13.6%	¥7,640/m²	−2.8%	9
1698	Kiso Town Nagano	−13.9%	¥12K/m²	−2.7%	14
1699	Pippu Town Hokkaido	−13.9%	¥4,567/m²	−2.5%	6
1700	Furubira Town Hokkaido	−14.0%	¥3,488/m²	−2.5%	4

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.