Wakayama: 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)

Rank	Area	Rising fastest	Avg. residential	5 years	Index
1	Wakayama City Wakayama	+0.3%	¥66K/m²	+0.1%	67
2	Iwade City Wakayama	+0.1%	¥38K/m²	−2.0%	51
3	Kamitonda Town Wakayama	±0.0%	¥30K/m²	−0.8%	52
4	Tanabe City Wakayama	−0.1%	¥43K/m²	−1.9%	58
5	Innami Town Wakayama	−0.3%	¥17K/m²	−1.8%	39
6	Hidaka Town Wakayama	−0.4%	¥19K/m²	−3.3%	37
7	Shirahama Town Wakayama	−0.4%	¥27K/m²	−3.8%	41
8	Aridagawa Town Wakayama	−0.4%	¥29K/m²	−4.7%	42
9	Minabe Town Wakayama	−0.5%	¥25K/m²	−4.1%	38
10	Hashimoto City Wakayama	−0.6%	¥31K/m²	−4.0%	44
11	Hirogawa Town Wakayama	−0.6%	¥22K/m²	−5.9%	33
12	Kainan City Wakayama	−0.6%	¥42K/m²	−4.9%	46
13	Nachikatsuura Town Wakayama	−0.7%	¥22K/m²	−5.8%	35
14	Shingu City Wakayama	−0.7%	¥35K/m²	−4.6%	44
15	Kinokawa City Wakayama	−0.8%	¥20K/m²	−4.3%	42
16	Gobo City Wakayama	−0.8%	¥23K/m²	−6.3%	35
17	Koya Town Wakayama	−0.8%	¥18K/m²	−7.2%	27
18	Yuasa Town Wakayama	−1.0%	¥27K/m²	−8.2%	30
19	Katsuragi Town Wakayama	−1.1%	¥20K/m²	−6.1%	32
20	Kushimoto Town Wakayama	−1.1%	¥26K/m²	−5.8%	36
21	Susami Town Wakayama	−1.2%	¥14K/m²	−8.2%	24
22	Hidakagawa Town Wakayama	−1.2%	¥14K/m²	−7.2%	23
23	Taiji Town Wakayama	−1.3%	¥16K/m²	−7.0%	23
24	Arida City Wakayama	−1.4%	¥30K/m²	−9.7%	29
25	Kudoyama Town Wakayama	−1.4%	¥18K/m²	−9.7%	21
26	Kimino Town Wakayama	−1.5%	¥17K/m²	−5.3%	25
27	Yura Town Wakayama	−1.6%	¥18K/m²	−9.5%	20
28	Mihama Town Wakayama	−1.7%	¥20K/m²	−9.8%	21
29	Kozagawa Town Wakayama	−1.7%	¥12K/m²	−6.0%	22

29 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.