2026 Prefectural Land Price Survey: National Average Up for a Fifth Year, Commercial Land +2.9%Land prices on July 1, 2026 also rose for the fifth year in a row
In the Prefectural Land Price Survey as of July 1, 2026 (Reiwa 8), covering 21,466 locations and announced by MLIT, the national average change was +1.5% for all uses, +1.0% for residential land and +2.9% for commercial land, all rising for the fifth straight year. Commercial land widened, while all uses and residential land were unchanged from the year before.
Key points
- National average change: all uses 1.5% (1.5% a year earlier), residential 1.0% (1.0%), commercial 2.9% (2.8%). Commercial land widened; all uses and residential were the same as before
- Three major metropolitan areas: all uses 4.4%, residential 3.2%, commercial 7.4%. The Tokyo area (all uses 5.4%) and Osaka area (3.6%) widened; the Nagoya area (1.9%) narrowed
- Regional areas rose for a fourth year: all uses 0.4%, residential 0.1%, commercial 0.9%. Commercial narrowed from 1.0% a year earlier. The four regional cities (Sapporo, Sendai, Hiroshima, Fukuoka) narrowed to 4.1% for all uses; commercial land in other areas widened to 0.7%
- The survey is conducted by prefectural governors as of July 1 each year. It complements the January 1 Official Land Prices, which differ in timing and locations. Prices for individual locations were published in the Real Estate Information Library
What to do in practice
- Check prices of individual survey locations near your land or rental properties in the Real Estate Information Library
- Look at the January Official Land Prices and the July survey together to grasp trends by area
Every year each prefecture checks land prices as of July 1, and the national government puts the results together. In 2026, land for homes and land for stores and buildings both rose on national average for five years straight. But how much it rose differs a lot by place.
Points
- Land for homes (residential) rose 1.0% on national average, the same as the year before
- Land for stores and buildings (commercial) rose 2.9%, a little more than the year before (2.8%)
- Around Tokyo the rise was big, while in regional areas land for homes rose only 0.1%, almost no change
What the words mean
- Land price survey
- A yearly check by prefectures of land prices at chosen places as of July 1
- Regional areas
- Areas other than around Tokyo, Osaka and Nagoya
- Ministry of Land, Infrastructure, Transport and Tourism (MLIT): MLIT: 2026 (Reiwa 8) Prefectural Land Price Survey (press release)
- Ministry of Land, Infrastructure, Transport and Tourism (MLIT): MLIT: Overview of the 2026 (Reiwa 8) Prefectural Land Price Survey
- Ministry of Land, Infrastructure, Transport and Tourism (MLIT): MLIT: Data update for the 2026 (Reiwa 8) Prefectural Land Price Survey
This article summarizes and explains materials published by government agencies and is not advice on any individual case. Rules can change, so for actual procedures and decisions always check the latest original materials and consult professionals such as tax accountants or labor and social security attorneys. English, Simplified Chinese and Traditional Chinese versions are translations prepared from the Japanese articles for convenience. If anything differs, the Japanese text and the original source take precedence.