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)

RankArea5-year growthAvg. residential1 yearIndex
1701Haboro Town
Hokkaido
−14.0% ¥4,290/m² −2.4% 6
1702Toyotomi Town
Hokkaido
−14.0% ¥5,133/m² −2.8% 6
1703Itsuki Village
Kumamoto
−14.0% ¥2,525/m² −2.3% 4
1704Minamifurano Town
Hokkaido
−14.1% ¥1,755/m² −2.5% 4
1705Kuzumaki Town
Iwate
−14.1% ¥6,240/m² −1.6% 9
1706Minamisatsuma City
Kagoshima
−14.1% ¥8,108/m² −2.8% 16
1707Shintotsukawa Town
Hokkaido
−14.3% ¥5,130/m² −2.0% 7
1708Kesennuma City
Miyagi
−14.4% ¥20K/m² −3.7% 18
1709Isa City
Kagoshima
−14.4% ¥7,861/m² −2.4% 18
1710Motegi Town
Tochigi
−14.5% ¥12K/m² −2.9% 12
1711Agematsu Town
Nagano
−14.6% ¥12K/m² −3.2% 10
1712Kawakami Village
Nara
−14.6% ¥7,677/m² −3.1% 7
1713Shimonita Town
Gunma
−14.6% ¥13K/m² −2.5% 13
1714Mashike Town
Hokkaido
−14.6% ¥4,800/m² −2.7% 5
1715Koshimizu Town
Hokkaido
−14.7% ¥4,367/m² −2.4% 5
1716Tanohata Village
Iwate
−14.7% ¥5,870/m² −3.3% 6
1717Shakotan Town
Hokkaido
−14.7% ¥4,350/m² −2.1% 6
1718Kurotaki Village
Nara
−14.8% ¥5,507/m² −3.1% 4
1719Aibetsu Town
Hokkaido
−15.0% ¥3,750/m² −1.9% 6
1720Ichikikushikino City
Kagoshima
−15.0% ¥14K/m² −2.5% 19
1721Kenbuchi Town
Hokkaido
−15.0% ¥2,185/m² −2.7% 3
1722Minami Town
Tokushima
−15.0% ¥15K/m² −3.2% 12
1723Shimokitayama Village
Nara
−15.1% ¥3,473/m² −3.3% 3
1724Yoshino Town
Nara
−15.2% ¥14K/m² −3.3% 12
1725Kunneppu Town
Hokkaido
−15.2% ¥4,683/m² −2.0% 6
1726Uryu Town
Hokkaido
−15.2% ¥2,530/m² −2.8% 3
1727Kaminoseki Town
Yamaguchi
−15.2% ¥11K/m² −3.4% 8
1728Kawasaki Town
Miyagi
−15.2% ¥9,025/m² −2.9% 9
1729Nosegawa Village
Nara
−15.3% ¥2,883/m² −3.4% 2
1730Ichinohe Town
Iwate
−15.3% ¥14K/m² −3.4% 12
1731Kami Town
Miyagi
−15.3% ¥10K/m² −4.5% 10
1732Chizu Town
Tottori
−15.4% ¥14K/m² −2.7% 12
1733Shiraoi Town
Hokkaido
−15.4% ¥5,008/m² −3.1% 4
1734Omu Town
Hokkaido
−15.5% ¥2,858/m² −2.7% 3
1735Kaminokuni Town
Hokkaido
−15.5% ¥5,033/m² −3.5% 4
1736Shimoichi Town
Nara
−15.8% ¥16K/m² −3.3% 13
1737Teshio Town
Hokkaido
−15.8% ¥4,300/m² −3.2% 3
1738Ono City
Fukui
−15.8% ¥13K/m² −3.5% 15
1739Assabu Town
Hokkaido
−15.8% ¥6,017/m² −3.5% 5
1740Imabetsu Town
Aomori
−15.8% ¥4,150/m² −3.6% 3
1741Mukawa Town
Hokkaido
−16.0% ¥7,510/m² −2.6% 7
1742Yamada Town
Iwate
−16.2% ¥20K/m² −3.5% 17
1743Utashinai City
Hokkaido
−16.2% ¥1,918/m² −3.0% 2
1744Hiroo Town
Hokkaido
−16.3% ¥5,580/m² −4.0% 4
1745Kamikitayama Village
Nara
−16.3% ¥4,700/m² −3.5% 4
1746Mugi Town
Tokushima
−16.4% ¥14K/m² −3.7% 11
1747Kaneyama Town
Fukushima
−16.4% ¥3,213/m² −3.0% 4
1748Tomamae Town
Hokkaido
−16.6% ¥3,050/m² −2.7% 3
1749Naie Town
Hokkaido
−16.6% ¥4,190/m² −3.0% 3
1750Kamikawa Town
Hokkaido
−16.7% ¥2,280/m² −2.8% 2
1751Takinoue Town
Hokkaido
−16.7% ¥1,570/m² −2.2% 3
1752Kunohe Village
Iwate
−16.8% ¥6,497/m² −2.4% 6
1753Toyako Town
Hokkaido
−16.8% ¥7,130/m² −2.2% 7
1754Yubari City
Hokkaido
−16.9% ¥2,128/m² −3.3% 1
1755Otobe Town
Hokkaido
−17.0% ¥6,017/m² −3.3% 5
1756Bibai City
Hokkaido
−17.0% ¥4,380/m² −2.4% 4
1757Obira Town
Hokkaido
−17.1% ¥3,300/m² −2.5% 3
1758Makurazaki City
Kagoshima
−17.3% ¥15K/m² −2.9% 17
1759Nanao City
Ishikawa
−17.3% ¥15K/m² −3.1% 21
1760Horonobe Town
Hokkaido
−17.3% ¥4,400/m² −2.7% 4
1761Matsumae Town
Hokkaido
−17.5% ¥6,350/m² −3.4% 5
1762Fukushima Town
Hokkaido
−17.6% ¥6,690/m² −4.0% 5
1763Moseushi Town
Hokkaido
−17.8% ¥3,850/m² −2.4% 4
1764Hakui City
Ishikawa
−17.9% ¥15K/m² −3.0% 18
1765Urakawa Town
Hokkaido
−17.9% ¥8,810/m² −3.0% 7
1766Mikasa City
Hokkaido
−17.9% ¥3,338/m² −3.9% 1
1767Anamizu Town
Ishikawa
−18.0% ¥12K/m² −2.8% 14
1768Esashi Town
Hokkaido
−18.0% ¥9,800/m² −3.9% 8
1769Urausu Town
Hokkaido
−18.1% ¥1,775/m² −2.6% 2
1770Kamisunagawa Town
Hokkaido
−18.1% ¥1,540/m² −4.0% 1
1771Yamatsuri Town
Fukushima
−18.2% ¥9,020/m² −4.1% 7
1772Enbetsu Town
Hokkaido
−18.3% ¥4,125/m² −2.6% 4
1773Chippubetsu Town
Hokkaido
−18.4% ¥3,025/m² −3.0% 2
1774Karumai Town
Iwate
−18.4% ¥12K/m² −1.4% 14
1775Misaki Town
Osaka
−18.5% ¥20K/m² −2.7% 18
1776Oketo Town
Hokkaido
−18.7% ¥3,025/m² −2.2% 3
1777Edajima City
Hiroshima
−18.9% ¥15K/m² −3.1% 17
1778Hokuryu Town
Hokkaido
−19.0% ¥1,750/m² −3.2% 1
1779Minamichita Town
Aichi
−19.0% ¥16K/m² −2.1% 18
1780Iwate Town
Iwate
−19.1% ¥12K/m² −2.8% 10
1781Shikama Town
Miyagi
−19.1% ¥6,633/m² −4.9% 5
1782Toyokoro Town
Hokkaido
−19.1% ¥2,450/m² −1.4% 6
1783Tsukigata Town
Hokkaido
−19.2% ¥3,800/m² −3.7% 2
1784Fukagawa City
Hokkaido
−19.3% ¥5,925/m² −3.0% 4
1785Ashibetsu City
Hokkaido
−19.3% ¥4,086/m² −3.0% 2
1786Samani Town
Hokkaido
−20.0% ¥5,150/m² −3.8% 3
1787Erimo Town
Hokkaido
−20.1% ¥6,083/m² −4.6% 4
1788Akabira City
Hokkaido
−20.7% ¥2,958/m² −4.0% 1
1789Noto Town
Ishikawa
−21.5% ¥7,544/m² −2.8% 10
1790Shika Town
Ishikawa
−22.4% ¥6,469/m² −3.4% 8
1791Numata Town
Hokkaido
−22.9% ¥3,295/m² −4.7% 1
1792Toyoura Town
Hokkaido
−23.1% ¥5,017/m² −4.5% 2
1793Wajima City
Ishikawa
−28.0% ¥16K/m² −4.9% 20
1794Suzu City
Ishikawa
−30.9% ¥6,260/m² −5.0% 8

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.