Iwate: Where land prices are rising fastest in Japan

Municipalities ranked by the average year-on-year change of residential and commercial survey sites.

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

RankAreaRising fastestAvg. residential5 yearsIndex
1Takizawa City
Iwate
+2.4% ¥36K/m² +14.9% 77
2Shiwa Town
Iwate
+1.4% ¥38K/m² +13.3% 75
3Morioka City
Iwate
+1.3% ¥56K/m² +9.5% 76
4Yahaba Town
Iwate
+1.1% ¥43K/m² +12.4% 76
5Kitakami City
Iwate
+1.1% ¥31K/m² +4.8% 68
6Kanegasaki Town
Iwate
+0.4% ¥20K/m² +2.2% 59
7Hanamaki City
Iwate
−0.3% ¥18K/m² −1.7% 46
8Oshu City
Iwate
−0.9% ¥18K/m² −2.9% 40
9Shizukuishi Town
Iwate
−1.1% ¥13K/m² −7.3% 25
10Noda Village
Iwate
−1.2% ¥10K/m² −7.3% 23
11Ichinoseki City
Iwate
−1.2% ¥17K/m² −6.8% 28
12Hachimantai City
Iwate
−1.2% ¥9,037/m² −9.4% 18
13Hiraizumi Town
Iwate
−1.3% ¥18K/m² −7.4% 29
14Karumai Town
Iwate
−1.4% ¥12K/m² −18.4% 14
15Tono City
Iwate
−1.4% ¥15K/m² −4.3% 32
16Rikuzentakata City
Iwate
−1.5% ¥17K/m² −5.4% 31
17Ninohe City
Iwate
−1.6% ¥18K/m² −8.7% 24
18Kuzumaki Town
Iwate
−1.6% ¥6,240/m² −14.1% 9
19Sumita Town
Iwate
−1.7% ¥6,760/m² −7.1% 18
20Kamaishi City
Iwate
−1.8% ¥37K/m² −6.7% 39
21Ofunato City
Iwate
−2.0% ¥23K/m² −8.5% 29
22Miyako City
Iwate
−2.1% ¥25K/m² −7.5% 29
23Fudai Village
Iwate
−2.1% ¥9,165/m² −11.3% 12
24Hirono Town
Iwate
−2.3% ¥8,958/m² −12.0% 11
25Kunohe Village
Iwate
−2.4% ¥6,497/m² −16.8% 6
26Nishiwaga Town
Iwate
−2.4% ¥3,816/m² −11.2% 6
27Iwaizumi Town
Iwate
−2.6% ¥14K/m² −11.8% 16
28Iwate Town
Iwate
−2.8% ¥12K/m² −19.1% 10
29Otsuchi Town
Iwate
−2.8% ¥21K/m² −12.5% 22
30Kuji City
Iwate
−3.0% ¥16K/m² −11.9% 16
31Tanohata Village
Iwate
−3.3% ¥5,870/m² −14.7% 6
32Ichinohe Town
Iwate
−3.4% ¥14K/m² −15.3% 12
33Yamada Town
Iwate
−3.5% ¥20K/m² −16.2% 17

33 areas · calculated Nov 3, 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.