What these numbers are. Japan's official land prices are appraised benchmark values, not transaction prices: licensed appraisers value a fixed set of sample plots each year, per square metre of land, as if the plot were vacant. Two surveys: the Official Land Price (地価公示, chika kōji) values plots as of 1 January and is published in March; the Prefectural Land Price Survey (基準地価, kijun chika) values plots as of 1 July and is published in September. They are not the price of a condo (no building, no share of a site), and actual sales, especially of central commercial land and popular ski-resort plots, often happen well above them. Every median below shows its point count (n); where n is small, one plot can move the figure.
The 2026 figures in one line
MLIT's 2026 Prefectural Land Price Survey (land values as of 1 July 2026, published 15 September 2026) found land prices up +1.5% on average nationwide across all uses, the fifth rise in a row. Commercial land in Greater Tokyo rose +8.9%. In Greater Osaka the all-use average rose +3.6%; Osaka-area commercial land alone rose +6.8%. The Official Land Price earlier in the year (as of 1 January 2026) showed the same direction: residential +2.1% and commercial +4.3% nationwide.
| Region | 基準地価, 1 Jul 2026 (YoY) | 公示地価, 1 Jan 2026 (YoY) | |||
|---|---|---|---|---|---|
| All uses | Residential | Commercial | Residential | Commercial | |
| Japan (nationwide) 全国 | +1.5% | +1.0% | +2.9% | +2.1% | +4.3% |
| Greater Tokyo 東京圏 | +5.4% | +4.0% | +8.9% | +4.5% | +9.3% |
| Greater Osaka 大阪圏 | +3.6% | +2.3% | +6.8% | +2.5% | +7.3% |
| Greater Nagoya 名古屋圏 | +1.9% | +1.5% | +2.7% | +1.9% | +3.3% |
| Sapporo, Sendai, Hiroshima & Fukuoka 地方四市 | +4.1% | +2.9% | +6.0% | +3.5% | +6.4% |
| Other regional areas 地方圏その他 | +0.2% | +0.0% | +0.7% | +0.6% | +1.1% |
Average year-on-year change of continuing sample points, as published by MLIT (2026 Prefectural Land Price Survey, 2026 Official Land Price). The Official Land Price press table has no all-use average. "Greater Tokyo/Osaka" are MLIT's 東京圏/大阪圏 (the metropolitan areas, wider than the cities). Regional-city figures cover Sapporo, Sendai, Hiroshima and Fukuoka.
Tokyo by ward & station
23 wards, every station with 3+ points, 2006–2026
Osaka by ward & station
24 wards of Osaka City, Umeda & Namba
Kyoto by ward & station
11 wards, central Kyoto vs condo prices
Fukuoka by ward & station
7 wards, Tenjin & Hakata
Niseko & Hakuba
every point in Kutchan and Niseko Town, resort comparison
Miyakojima & Ishigaki
every point incl. Irabu, history since 1983, what the +17% headlines measure
The 20 most expensive land-price points in Japan
1 January 2026 Official Land Price (公示地価), per ㎡ of land. Ginza holds the top spots; the most expensive point in the 1 July survey (基準地価) was also in Ginza, at ¥52,500,000/㎡ (US$333,143/㎡).
| # | Pref. | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|---|
| 1 | Tokyo | Chuo 中央区 中央区銀座4丁目2番4 | Ginza 銀座 0 m | Commercial | ¥67,100,000 US$425,788/㎡ · US$39,557/ft² | +10.9% | +25.2% |
| 2 | Tokyo | Chuo 中央区 中央区銀座5丁目103番16 | Ginza 銀座 0 m | Commercial | ¥57,000,000 US$361,698/㎡ · US$33,603/ft² | +10.3% | +23.6% |
| 3 | Tokyo | Chuo 中央区 中央区銀座2丁目2番19外 | Ginza-itchome 銀座一丁目 0 m | Commercial | ¥49,600,000 US$314,741/㎡ · US$29,240/ft² | +11.7% | +24.3% |
| 4 | Tokyo | Chuo 中央区 中央区銀座7丁目1番2外 | Ginza 銀座 260 m | Commercial | ¥47,600,000 US$302,049/㎡ · US$28,061/ft² | +10.4% | +21.1% |
| 5 | Tokyo | Shinjuku 新宿区 新宿区新宿3丁目807番1外 | Shinjuku 新宿 0 m | Commercial | ¥42,000,000 US$266,514/㎡ · US$24,760/ft² | +5.0% | +15.1% |
| 6 | Tokyo | Shinjuku 新宿区 新宿区新宿3丁目30番13外 | Shinjuku-sanchome 新宿三丁目 0 m | Commercial | ¥41,500,000 US$263,341/㎡ · US$24,465/ft² | +7.5% | +19.9% |
| 7 | Tokyo | Chiyoda 千代田区 千代田区丸の内2丁目2番1外 | Tokyo 東京 0 m | Commercial | ¥37,600,000 US$238,594/㎡ · US$22,166/ft² | +1.3% | +1.1% |
| 8 | Tokyo | Chuo 中央区 中央区銀座4丁目103番1外 | Ginza 銀座 0 m | Commercial | ¥35,600,000 US$225,903/㎡ · US$20,987/ft² | +10.9% | +24.0% |
| 9 | Tokyo | Shibuya 渋谷区 渋谷区宇田川町77番14外 | Shibuya 渋谷 150 m | Commercial | ¥35,300,000 US$223,999/㎡ · US$20,810/ft² | +5.4% | +27.0% |
| 10 | Tokyo | Chuo 中央区 中央区銀座6丁目4番13外 | Ginza 銀座 150 m | Commercial | ¥35,000,000 US$222,095/㎡ · US$20,633/ft² | +13.6% | +19.5% |
| 11 | Tokyo | Shibuya 渋谷区 渋谷区神宮前4丁目26番43外 | Meiji-jingumae 明治神宮前 150 m | Commercial | ¥29,900,000 US$189,733/㎡ · US$17,627/ft² | +4.9% | +12.4% |
| 12 | Tokyo | Chiyoda 千代田区 千代田区大手町2丁目4番2外 | Otemachi 大手町 0 m | Commercial | ¥29,800,000 US$189,098/㎡ · US$17,568/ft² | +1.4% | +2.8% |
| 13 | Tokyo | Chiyoda 千代田区 千代田区大手町1丁目3番3外 | Otemachi 大手町 0 m | Commercial | ¥27,800,000 US$176,407/㎡ · US$16,389/ft² | — | — |
| 14 | Tokyo | Chiyoda 千代田区 千代田区丸の内3丁目2番外 | Tokyo 東京 480 m | Commercial | ¥27,500,000 US$174,503/㎡ · US$16,212/ft² | +1.5% | +1.1% |
| 15 | Tokyo | Shibuya 渋谷区 渋谷区道玄坂2丁目36番10 | Shibuya 渋谷 200 m | Commercial | ¥27,000,000 US$171,331/㎡ · US$15,917/ft² | +5.5% | +23.3% |
| 16 | Osaka | Chuo (Namba, Shinsaibashi) 大阪市中央区 大阪市中央区宗右衛門町46番1外 | Namba なんば 230 m | Commercial | ¥25,000,000 US$158,639/㎡ · US$14,738/ft² | +6.4% | +18.5% |
| 17 | Osaka | Kita (Umeda) 大阪市北区 大阪市北区大深町207番外 | Osaka 大阪 0 m | Commercial | ¥24,700,000 US$156,736/㎡ · US$14,561/ft² | +1.6% | +7.9% |
| 18 | Tokyo | Chuo 中央区 中央区京橋1丁目1番1外 | Tokyo 東京 300 m | Commercial | ¥24,500,000 US$155,467/㎡ · US$14,443/ft² | +3.4% | +9.4% |
| 19 | Tokyo | Chuo 中央区 中央区八重洲1丁目105番53 | Tokyo 東京 280 m | Commercial | ¥24,300,000 US$154,198/㎡ · US$14,325/ft² | +3.0% | +7.5% |
| 20 | Tokyo | Shinjuku 新宿区 新宿区西新宿1丁目7番3 | Shinjuku 新宿 0 m | Commercial | ¥23,300,000 US$147,852/㎡ · US$13,736/ft² | +5.0% | +14.8% |
Biggest one-year rises (1 July 2026 survey)
Individual points in the 1 July 2026 Prefectural Land Price Survey (基準地価), ranked by one-year change. Resort and factory towns lead nationwide: Hakuba and Nozawa Onsen (ski tourism), Furano, and Chitose, where the Rapidus chip plant is being built. In Tokyo it is Asakusa's shops and hotels; in Osaka, commercial land just west of Umeda and in Nishi ward (Horie, Awaza, Utsubo).
Nationwide, commercial land
| # | Pref. | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|---|
| 1 | Nagano | Hakuba 白馬村 北安曇郡白馬村大字北城字平河6366番2外 | Hakuba 白馬 80 m | Commercial | ¥32,000 US$203/㎡ · US$19/ft² | +35.6% | +68.4% |
| 2 | Nagano | Nozawa Onsen 野沢温泉村 下高井郡野沢温泉村大字豊郷字湯沢9577番2外 | Togari-Nozawaonsen 戸狩野沢温泉 7,600 m | Commercial | ¥50,800 US$322/㎡ · US$30/ft² | +27.0% | +105.7% |
| 3 | Tokyo | Taito 台東区 台東区浅草一丁目17番9 | Asakusa 浅草 350 m | Commercial | ¥4,900,000 US$31,093/㎡ · US$2,889/ft² | +26.9% | +124.8% |
| 4 | Nagano | Hakuba 白馬村 北安曇郡白馬村大字北城字新田3020番837外 | Hakuba 白馬 2,200 m | Commercial | ¥85,000 US$539/㎡ · US$50/ft² | +25.9% | +205.8% |
| 5 | Hokkaido | Chitose 千歳市 千歳市末広2丁目122番2外内 | Chitose 千歳 340 m | Commercial | ¥194,000 US$1,231/㎡ · US$114/ft² | +25.2% | +218.0% |
| 6 | Tokyo | Nakano 中野区 中野区中野五丁目21番7 | Nakano 中野 250 m | Commercial | ¥6,000,000 US$38,073/㎡ · US$3,537/ft² | +25.0% | — |
| 7 | Tokyo | Taito 台東区 台東区西浅草二丁目66番2 | Asakusa 浅草 160 m | Commercial | ¥3,600,000 US$22,844/㎡ · US$2,122/ft² | +25.0% | +127.8% |
| 8 | Tokyo | Taito 台東区 台東区浅草五丁目77番15 | Asakusa 浅草 960 m | Commercial | ¥1,060,000 US$6,726/㎡ · US$625/ft² | +24.1% | +81.8% |
| 9 | Tokyo | Shinjuku 新宿区 新宿区西早稲田二丁目660番4外 | Nishi-Waseda 西早稲田 80 m | Commercial | ¥3,220,000 US$20,433/㎡ · US$1,898/ft² | +23.8% | +89.4% |
| 10 | Tokyo | Taito 台東区 台東区駒形一丁目5番5 | Asakusa 浅草 190 m | Commercial | ¥2,370,000 US$15,039/㎡ · US$1,397/ft² | +23.4% | +76.9% |
Nationwide, residential land
| # | Pref. | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|---|
| 1 | Hokkaido | Furano 富良野市 富良野市北の峰町1981番62 | Furano 富良野 2,800 m | Residential | ¥68,100 US$432/㎡ · US$40/ft² | +32.0% | +166.0% |
| 2 | Nagano | Hakuba 白馬村 北安曇郡白馬村大字北城字大道上5921番 | Hakuba 白馬 550 m | Residential | ¥17,600 US$112/㎡ · US$10/ft² | +31.3% | +60.0% |
| 3 | Nagano | Hakuba 白馬村 北安曇郡白馬村大字北城12319番1 | Shinano-Moriue 信濃森上 2,200 m | Residential | ¥8,000 US$51/㎡ · US$4.7/ft² | +31.1% | +67.4% |
| 4 | Nagano | Nozawa Onsen 野沢温泉村 下高井郡野沢温泉村大字豊郷字湯沢9669番1 | Togari-Nozawaonsen 戸狩野沢温泉 7,500 m | Residential | ¥30,700 US$195/㎡ · US$18/ft² | +21.8% | — |
| 5 | Ibaraki | つくば市 つくば市みどりの東39番9 | みどりの 2,900 m | Residential | ¥90,000 US$571/㎡ · US$53/ft² | +19.0% | +117.9% |
| 6 | Tokyo | Shinagawa 品川区 品川区北品川五丁目628番2外 | Osaki 大崎 530 m | Residential | ¥1,960,000 US$12,437/㎡ · US$1,155/ft² | +18.8% | +69.0% |
| 7 | Okinawa | Miyakojima 宮古島市 宮古島市下地字上地ツーガ家502番6 | 上地交差点停 (bus stop) 1 m | Residential | ¥28,500 US$181/㎡ · US$17/ft² | +18.8% | +126.2% |
| 8 | Tokyo | Minato 港区 港区芝浦四丁目1番34 | Tamachi 田町 840 m | Residential | ¥2,600,000 US$16,498/㎡ · US$1,533/ft² | +18.7% | +63.5% |
| 9 | Chiba | 流山市 流山市東初石3丁目103番82 | 初石 360 m | Residential | ¥203,000 US$1,288/㎡ · US$120/ft² | +18.7% | +75.0% |
| 10 | Niigata | Myoko 妙高市 妙高市大字関川字山柘谷内2275番87外 | Myoko-Kogen 妙高高原 3,900 m | Residential | ¥7,700 US$49/㎡ · US$4.5/ft² | +18.5% | — |
Tokyo, commercial land
| # | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|
| 1 | Taito 台東区 台東区浅草一丁目17番9 | Asakusa 浅草 350 m | Commercial | ¥4,900,000 US$31,093/㎡ · US$2,889/ft² | +26.9% | +124.8% |
| 2 | Nakano 中野区 中野区中野五丁目21番7 | Nakano 中野 250 m | Commercial | ¥6,000,000 US$38,073/㎡ · US$3,537/ft² | +25.0% | — |
| 3 | Taito 台東区 台東区西浅草二丁目66番2 | Asakusa 浅草 160 m | Commercial | ¥3,600,000 US$22,844/㎡ · US$2,122/ft² | +25.0% | +127.8% |
| 4 | Taito 台東区 台東区浅草五丁目77番15 | Asakusa 浅草 960 m | Commercial | ¥1,060,000 US$6,726/㎡ · US$625/ft² | +24.1% | +81.8% |
| 5 | Shinjuku 新宿区 新宿区西早稲田二丁目660番4外 | Nishi-Waseda 西早稲田 80 m | Commercial | ¥3,220,000 US$20,433/㎡ · US$1,898/ft² | +23.8% | +89.4% |
| 6 | Taito 台東区 台東区駒形一丁目5番5 | Asakusa 浅草 190 m | Commercial | ¥2,370,000 US$15,039/㎡ · US$1,397/ft² | +23.4% | +76.9% |
| 7 | Taito 台東区 台東区浅草七丁目51番2 | Asakusa 浅草 740 m | Commercial | ¥1,290,000 US$8,186/㎡ · US$760/ft² | +22.9% | +76.0% |
| 8 | Taito 台東区 台東区浅草一丁目7番19 | Asakusa 浅草 230 m | Commercial | ¥2,350,000 US$14,912/㎡ · US$1,385/ft² | +21.8% | +102.6% |
| 9 | Minato 港区 港区高輪二丁目1番9 | Sengakuji 泉岳寺 1 m | Commercial | ¥6,680,000 US$42,388/㎡ · US$3,938/ft² | +21.5% | +69.1% |
| 10 | Shinjuku 新宿区 新宿区若松町110番3 | Wakamatsu-kawada 若松河田 300 m | Commercial | ¥2,550,000 US$16,181/㎡ · US$1,503/ft² | +21.4% | +72.3% |
Tokyo, residential land
| # | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|
| 1 | Shinagawa 品川区 品川区北品川五丁目628番2外 | Osaki 大崎 530 m | Residential | ¥1,960,000 US$12,437/㎡ · US$1,155/ft² | +18.8% | +69.0% |
| 2 | Minato 港区 港区芝浦四丁目1番34 | Tamachi 田町 840 m | Residential | ¥2,600,000 US$16,498/㎡ · US$1,533/ft² | +18.7% | +63.5% |
| 3 | Minato 港区 港区西麻布三丁目4番21 | Hiroo 広尾 660 m | Residential | ¥2,760,000 US$17,514/㎡ · US$1,627/ft² | +17.4% | +54.2% |
| 4 | Minato 港区 港区六本木五丁目367番1 | Azabu-Juban 麻布十番 400 m | Residential | ¥3,520,000 US$22,336/㎡ · US$2,075/ft² | +17.3% | +53.7% |
| 5 | Koto 江東区 江東区有明一丁目106番3外 | Ariake-tennis-no-mori 有明テニスの森 240 m | Residential | ¥1,170,000 US$7,424/㎡ · US$690/ft² | +17.0% | +68.3% |
| 6 | Toshima 豊島区 豊島区高田三丁目770番1 | Takadanobaba 高田馬場 540 m | Residential | ¥1,400,000 US$8,884/㎡ · US$825/ft² | +16.7% | +66.1% |
| 7 | Taito 台東区 台東区谷中三丁目120番1 | Sendagi 千駄木 400 m | Residential | ¥770,000 US$4,886/㎡ · US$454/ft² | +16.7% | — |
| 8 | Minato 港区 港区赤坂一丁目1424番1 | Tameike-sanno 溜池山王 420 m | Residential | ¥7,500,000 US$47,592/㎡ · US$4,421/ft² | +16.6% | +54.0% |
| 9 | Minato 港区 港区南青山七丁目274番 | Hiroo 広尾 900 m | Residential | ¥2,500,000 US$15,864/㎡ · US$1,474/ft² | +16.3% | +53.4% |
| 10 | Minato 港区 港区南青山四丁目487番 | Omotesando 表参道 560 m | Residential | ¥2,870,000 US$18,212/㎡ · US$1,692/ft² | +16.2% | +50.3% |
Osaka Prefecture, commercial land
| # | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|
| 1 | Kita (Umeda) 大阪市北区 大阪市北区大淀南1丁目9番6 | Fukushima 福島 520 m | Commercial | ¥2,350,000 US$14,912/㎡ · US$1,385/ft² | +21.8% | +92.6% |
| 2 | Nishi 大阪市西区 大阪市西区立売堀1丁目18番3 | Hommachi 本町 500 m | Commercial | ¥2,100,000 US$13,326/㎡ · US$1,238/ft² | +20.0% | +89.2% |
| 3 | Kita (Umeda) 大阪市北区 大阪市北区中之島5丁目2番1 | Nakanoshima (Keihan) 京阪中之島 200 m | Commercial | ¥3,530,000 US$22,400/㎡ · US$2,081/ft² | +19.7% | +68.9% |
| 4 | Nishi 大阪市西区 大阪市西区阿波座2丁目31番 | Awaza 阿波座 250 m | Commercial | ¥2,550,000 US$16,181/㎡ · US$1,503/ft² | +19.2% | +82.1% |
| 5 | Nishi 大阪市西区 大阪市西区北堀江2丁目44番4外 | Nishi-Ohashi 西大橋 170 m | Commercial | ¥2,620,000 US$16,625/㎡ · US$1,545/ft² | +19.1% | +89.9% |
| 6 | Nishi 大阪市西区 大阪市西区土佐堀1丁目10番外 | Higobashi 肥後橋 400 m | Commercial | ¥3,410,000 US$21,638/㎡ · US$2,010/ft² | +18.8% | +84.3% |
| 7 | Nishi 大阪市西区 大阪市西区西本町2丁目111番外 | Hommachi 本町 500 m | Commercial | ¥2,650,000 US$16,816/㎡ · US$1,562/ft² | +18.8% | +89.3% |
| 8 | Nishi 大阪市西区 大阪市西区北堀江4丁目1番12 | Nishi-Nagahori 西長堀 1 m | Commercial | ¥2,090,000 US$13,262/㎡ · US$1,232/ft² | +18.8% | +78.6% |
| 9 | Kita (Umeda) 大阪市北区 大阪市北区天満2丁目66番外 | Temmabashi 天満橋 300 m | Commercial | ¥1,650,000 US$10,470/㎡ · US$973/ft² | +18.7% | +80.3% |
| 10 | Naniwa 大阪市浪速区 大阪市浪速区日本橋3丁目34番5 | Nippombashi 日本橋 500 m | Commercial | ¥2,620,000 US$16,625/㎡ · US$1,545/ft² | +18.6% | +85.8% |
Osaka Prefecture, residential land
| # | Location (point address) | Nearest station | Use | ¥/㎡ | 1 yr | 5 yr |
|---|---|---|---|---|---|---|
| 1 | Tennoji 大阪市天王寺区 大阪市天王寺区真法院町117番3 | Momodani 桃谷 750 m | Residential | ¥874,000 US$5,546/㎡ · US$515/ft² | +11.2% | +37.6% |
| 2 | Tennoji 大阪市天王寺区 大阪市天王寺区清水谷町9番6 | Tanimachi 6-chome 谷町六丁目 460 m | Residential | ¥675,000 US$4,283/㎡ · US$398/ft² | +11.0% | — |
| 3 | Chuo (Namba, Shinsaibashi) 大阪市中央区 大阪市中央区上町1丁目27番6 | Tanimachi 6-chome 谷町六丁目 530 m | Residential | ¥580,000 US$3,680/㎡ · US$342/ft² | +10.1% | +33.0% |
| 4 | Tennoji 大阪市天王寺区 大阪市天王寺区堀越町1番8 | Tennoji 天王寺 450 m | Residential | ¥690,000 US$4,378/㎡ · US$407/ft² | +10.0% | +34.5% |
| 5 | Fukushima 大阪市福島区 大阪市福島区吉野3丁目160番6 | Noda 野田 270 m | Residential | ¥418,000 US$2,652/㎡ · US$246/ft² | +9.4% | +32.3% |
| 6 | Fukushima 大阪市福島区 大阪市福島区玉川2丁目23番10 | Tamagawa 玉川 450 m | Residential | ¥417,000 US$2,646/㎡ · US$246/ft² | +9.4% | +32.4% |
| 7 | Miyakojima 大阪市都島区 大阪市都島区都島中通2丁目101番 | Kyobashi 京橋 1,000 m | Residential | ¥400,000 US$2,538/㎡ · US$236/ft² | +9.3% | +37.0% |
| 8 | Higashiyodogawa 大阪市東淀川区 大阪市東淀川区下新庄1丁目62番2 | Shimo-Shinjo 下新庄 400 m | Residential | ¥281,000 US$1,783/㎡ · US$166/ft² | +9.3% | +33.8% |
| 9 | Minato 大阪市港区 大阪市港区波除5丁目3番10 | Bentencho 弁天町 400 m | Residential | ¥369,000 US$2,342/㎡ · US$218/ft² | +9.2% | +37.2% |
| 10 | Fukushima 大阪市福島区 大阪市福島区鷺洲5丁目6番41 | Fukushima 福島 800 m | Residential | ¥600,000 US$3,807/㎡ · US$354/ft² | +9.1% | +41.2% |
Resort towns: Niseko, Hakuba, Furano, Karuizawa, Okinawa
Official land values for the resort towns overseas buyers ask about. Point counts are small (often 2–12 per town), so read the n before the percentage. Niseko and Hakuba in detail →
| Resort town | 基準地価, 1 Jul 2026 | 公示地価, 1 Jan 2026 | ||||
|---|---|---|---|---|---|---|
| Residential median | Commercial median | 1 yr, all uses | 5 yr, all uses | Median, all uses | 5 yr | |
| Kutchan 倶知安町 Niseko (Hirafu), Hokkaido · sale prices | ¥54,000 US$343/㎡ · n=4 | ¥158,500 US$1,006/㎡ · n=2 | +10.3% n=6 | +52.5% n=6 | ¥124,000 US$787/㎡ · n=4 | +36.6% n=4 |
| Niseko Town ニセコ町 Hokkaido · sale prices | ¥21,500 US$136/㎡ · n=4 | ¥32,500 US$206/㎡ · n=1 | +10.8% n=5 | +66.7% n=5 | — | — |
| Furano 富良野市 Hokkaido · sale prices | ¥20,300 US$129/㎡ · n=3 | ¥56,800 US$360/㎡ · n=1 | +9.8% n=4 | +13.8% n=4 | ¥25,000 US$159/㎡ · n=5 | +2.5% n=5 |
| Rusutsu 留寿都村 Hokkaido · sale prices | ¥5,800 US$37/㎡ · n=2 | — | +3.6% n=2 | +53.0% n=2 | — | — |
| Shimukappu (Tomamu) 占冠村 Hokkaido | ¥2,425 US$15/㎡ · n=2 | — | −2.2% n=2 | −9.9% n=2 | — | — |
| Hakuba 白馬村 Nagano · sale prices | ¥8,000 US$51/㎡ · n=3 | ¥58,500 US$371/㎡ · n=2 | +27.7% n=5 | +67.4% n=5 | ¥27,400 US$174/㎡ · n=3 | +161.7% n=3 |
| Nozawa Onsen 野沢温泉村 Nagano · sale prices | ¥30,700 US$195/㎡ · n=1 | ¥50,800 US$322/㎡ · n=1 | +24.4% n=2 | +105.7% n=1 | ¥29,350 US$186/㎡ · n=2 | +69.9% n=2 |
| Otari (Hakuba Cortina) 小谷村 Nagano | ¥7,325 US$46/㎡ · n=2 | — | +1.6% n=2 | +2.5% n=2 | — | — |
| Myoko 妙高市 whole city; points mostly in downtown Arai, not the Myoko Kogen ski side, Niigata · sale prices | ¥7,880 US$50/㎡ · n=9 | ¥21,150 US$134/㎡ · n=2 | +0.6% n=12 | −12.4% n=11 | ¥20,600 US$131/㎡ · n=9 | −12.7% n=7 |
| Karuizawa 軽井沢町 Nagano | ¥83,000 US$527/㎡ · n=6 | ¥250,000 US$1,586/㎡ · n=3 | +14.5% n=9 | +48.0% n=9 | ¥66,150 US$420/㎡ · n=8 | +49.6% n=8 |
| Hakone 箱根町 Kanagawa | ¥28,400 US$180/㎡ · n=6 | ¥116,000 US$736/㎡ · n=3 | +6.6% n=9 | +16.2% n=8 | ¥91,200 US$579/㎡ · n=4 | +3.8% n=2 |
| Atami 熱海市 Shizuoka | ¥46,200 US$293/㎡ · n=8 | ¥300,000 US$1,904/㎡ · n=3 | +3.0% n=11 | −6.8% n=9 | ¥111,000 US$704/㎡ · n=5 | +11.0% n=5 |
| Onna 恩納村 Okinawa west coast, Okinawa | ¥38,300 US$243/㎡ · n=5 | ¥108,750 US$690/㎡ · n=2 | +9.2% n=7 | +39.4% n=7 | — | — |
| Miyakojima 宮古島市 Miyako Islands, Okinawa | ¥18,000 US$114/㎡ · n=11 | ¥150,000 US$952/㎡ · n=3 | +7.9% n=14 | +95.7% n=13 | ¥50,250 US$319/㎡ · n=8 | +52.2% n=8 |
| Ishigaki 石垣市 Yaeyama, Okinawa | ¥39,700 US$252/㎡ · n=6 | ¥138,000 US$876/㎡ · n=3 | +6.9% n=9 | +34.5% n=9 | ¥73,800 US$468/㎡ · n=5 | +59.1% n=5 |
How we calculated this
- Data: every sample point of the 2026 Official Land Price (公示地価, 1 Jan 2026, 25,565 points nationwide) and the 2026 Prefectural Land Price Survey (基準地価, 1 Jul 2026, 21,456 points), from MLIT's National Land Numerical Information files. Forest land is excluded (the survey values it per 10 ares, not per ㎡).
- The two surveys are never mixed. They are six months apart, so every median and average is for one survey; where both are shown they sit side by side.
- Median ¥/㎡ is the middle value of the points in that ward, town or station catchment. n is the number of points.
- Year-on-year change is the simple average of each continuing point's change (MLIT's own method); points that are new, re-selected or back from a pause have no change and are not counted (n shows how many were).
- 5-year change is the median change since 2021 of points priced in all six years with no re-selection in between.
- Stations are the "nearest station" field of each point. The two surveys write some names differently (基準地価 often puts the operator first, e.g. OsakaMetro本町 vs 本町), so we normalise names before grouping. Bus stops are left out. English station and ward names are our own romanisation.
- The history chart uses only points priced in every year from 2006 to 2026 (the same sample each year), so it is not moved by points being added or dropped; it is a median of those points, not an index of the whole market.
- US dollars use the ECB reference rate of 2026-09-25 (¥157.59 = US$1) for every year, so the dollar figures show today's value, not the historical exchange rate. 1 ㎡ = 10.764 ft².
Source: "National Land Numerical Information (Land Price Publication data / Prefectural Land Price Survey data)", Ministry of Land, Infrastructure, Transport and Tourism (MLIT): https://nlftp.mlit.go.jp/ksj/gml/datalist/KsjTmplt-L01-2026.html and https://nlftp.mlit.go.jp/ksj/gml/datalist/KsjTmplt-L02-2026.html, licensed under CC BY 4.0. Processed and translated by Japan House Prices: the medians, averages, rankings, station groupings, English names and dollar conversions are our own calculations and are not published or endorsed by MLIT. Japan House Prices is not affiliated with MLIT or any prefecture.
「国土数値情報（地価公示データ）」（国土交通省）（https://nlftp.mlit.go.jp/ksj/gml/datalist/KsjTmplt-L01-2026.html）を加工して作成／「国土数値情報（都道府県地価調査データ）」（国土交通省）（https://nlftp.mlit.go.jp/ksj/gml/datalist/KsjTmplt-L02-2026.html）を加工して作成
National and regional headline changes: 出典：「令和8年都道府県地価調査」（国土交通省）（https://www.mlit.go.jp/report/press/tochi_fudousan_kensetsugyo04_hh_000001_00084.html）; 2026 Official Land Price press release: MLIT.
Exchange rate: ECB euro foreign exchange reference rates (cross rate), 2026-09-25. This page is not a valuation, an offer of property, or investment advice. Last reviewed 2026-09.
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Official land prices: Tokyo land prices by ward · Osaka land prices by ward · Kyoto land prices by ward · Fukuoka land prices by ward · Niseko & Hakuba land prices
Transaction prices (what property actually sold for): Tokyo apartments · Tokyo ¥/㎡ by ward · Kyoto · Fukuoka condos · Niseko · Hakuba. Costs on top of the price: tax & cost calculator. Hazards: earthquake & flood risk by ward. Process: buying in Japan as a foreigner.