[HYOGO] Latest Real Estate Market Trends Interpreted from the 2026 Official Land Price Announcement (Hyogo Edition)
更新日：6 時間前
— Residential Areas with Continued Growth in Urban Centers and Commercial Areas Supported by Redevelopment —
According to Japan’s 2026 Official Land Price Announcement, land prices across Hyogo Prefecture continue to maintain an upward trend.Demand for residential land remains firm, particularly in highly convenient urban areas, while commercial land recorded stronger growth compared to the previous year, supported by redevelopment projects and the recovery of tourism demand. Kobe City, the Hanshin South area, and the Hanshin North area continue to lead overall land price growth within the prefecture, highlighting widening differences between regions.
Overall Land Price Change Rates in Hyogo Prefecture
Land prices in Hyogo Prefecture continue to rise for both residential and commercial areas, with growth rates increasing for the fourth consecutive year. Commercial land, in particular, continues to show stronger growth compared to residential land.
Use | 2023 Change Rate (%) | 2024 Change Rate (%) | 2025 Change Rate (%) | 2026 Change Rate (%) |
Residential | 0.7 | 1.4 | 1.9 | 2.2 |
Commercial | 1.3 | 2.7 | 3.5 | 4.0 |
Residential Land Trends
Residential land prices rose for the 4th consecutive year across the prefecture.Among the highest growth areas, Akashi City (East Harima area), which has experienced remarkable population growth supported by child-rearing initiatives, recorded a 5.2% increase in 2026. In addition, Higashinada Ward (4.6%), Chuo Ward (4.5%), Nada Ward (4.4%) in Kobe City, and Ashiya City (4.0%) all posted strong growth rates, particularly across Kobe and the Hanshin area.
Commercial Land Trends
Commercial land prices continued to outperform residential land and recorded their 4th consecutive year of growth across the prefecture.In the Kobe Sannomiya area, known for its shopping, dining, and tourist attractions such as the Kitano Ijinkan district, land prices continue to rise due to redevelopment projects and the recovery of inbound tourism demand. In addition, land prices around Ashiya Station have also continued to rise amid ongoing redevelopment plans.
Top Residential Land Rankings
※ Text in quotation marks indicates residential address notation.
◼︎ Price Rankings
Rank | Location | 2026 Price (JPY/㎡) | 2025 Change Rate (%) |
1 | 15 Funado-cho, Ashiya City | 815,000 | 7.2 |
2 | 2-305-6 Mikagegunge, Higashinada-ku, Kobe City“Mikagegunge 2-5-21” | 695,000 | 7.8 |
3 | 1-6-17 Yamamotodori, Chuo-ku, Kobe City“Yamamotodori 1-6-30” | 664,000 | 5.9 |
◼︎ Growth Rate Rankings
Rank | Location | 2026 Price (JPY/㎡) | 2025 Change Rate (%) |
1 | 1075-2 Urajiinoshiri, Awaji City | 37,500 | 8.1 |
2 | 448-6 Azakitakaichi, Okubocho Okubo, Akashi City | 111,000 | 7.8 |
3 | 2-305-6 Mikagegunge, Higashinada-ku, Kobe City“Mikagegunge 2-5-21” | 695,000 | 7.8 |
Top Commercial Land Rankings
※ Text in quotation marks indicates residential address notation.
◼︎ Price Rankings
Rank | Location | 2026 Price (JPY/㎡) | 2025 Change Rate (%) |
1 | 1-7-6 Sannomiya-cho, Chuo-ku, Kobe City“Sannomiya-cho 1-7-5” | 8,000,000 | 9.6 |
2 | 8-329 Isogamidori, Chuo-ku, Kobe City“Isogamidori 8-3-5” | 4,590,000 | 11.4 |
3 | 47 Akashi-cho, Chuo-ku, Kobe City | 4,290,000 | 8.9 |
◼︎ Growth Rate Rankings
Rank | Location | 2026 Price (JPY/㎡) | 2025 Change Rate (%) |
1 | 34-1 Narihira-cho, Ashiya City“Narihira-cho 5-21” | 1,000,000 | 12.6 |
2 | 8-329 Isogamidori, Chuo-ku, Kobe City“Isogamidori 8-3-5” | 4,590,000 | 11.4 |
3 | 19-1 Wajo-cho, Nishinomiya City“Wajo-cho 1-31” | 760,000 | 11.1 |
Overall Analysis
Although both residential and commercial land prices continue to rise across Hyogo Prefecture, clear regional differences remain evident.Residential land prices continue to be supported by strong end-user demand in urban and suburban areas, while weaker demand persists in rural areas, suggesting that regional disparities may become more pronounced in the future.Commercial land prices continue to be supported by redevelopment activity and the recovery of tourism demand, with central Kobe expected to maintain its strong position going forward.
Overview of Japan's Official Land Price Announcement
Japan’s Official Land Price Announcement is a system in which the government evaluates and publicly announces standard land prices as of January 1 each year. It serves not only as a benchmark for land transactions, but also as an important indicator used in public land acquisition and other official assessments.
Reference Sources: Ministry of Land, Infrastructure, Transport and Tourism, “Overview of the 2026 Official Land Price Announcement” (May 1, 2026); Hyogo Prefectural Government, “2026 Official Land Price Announcement (Land Price Trends in Hyogo Prefecture)”; Hyogo Prefectural Government, “2025 Hyogo Prefecture Land Price Survey (Land Price Trends in Hyogo Prefecture)”
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