Municipalities ranked by the estimated market value of all land and buildings. Designated cities are counted as a whole and Tokyo's 23 wards as one (ward-level assessed values are not published).
Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)
| Rank | Area | Total value | ≈ USD | Land | Buildings | Share of Japan | Avg. residential |
|---|---|---|---|---|---|---|---|
| 1 | Aomori City Aomori |
¥1.6 trillion | $10.2B | ¥1.1 trillion | ¥543.2 billion | 0.12% | ¥35K/m² |
| 2 | Hachinohe City Aomori |
¥1.5 trillion | $9.3B | ¥1.0 trillion | ¥433.8 billion | 0.11% | ¥33K/m² |
| 3 | Hirosaki City Aomori |
¥918.0 billion | $5.8B | ¥606.2 billion | ¥311.9 billion | 0.07% | ¥27K/m² |
| 4 | Rokkasho Village Aomori |
¥328.5 billion | $2.1B | ¥42.7 billion | ¥285.8 billion | 0.02% | ¥5,425/m² |
| 5 | Towada City Aomori |
¥306.3 billion | $1.9B | ¥190.9 billion | ¥115.4 billion | 0.02% | ¥14K/m² |
| 6 | Misawa City Aomori |
¥213.6 billion | $1.4B | ¥142.5 billion | ¥71.1 billion | 0.01% | ¥19K/m² |
| 7 | Mutsu City Aomori |
¥207.2 billion | $1.3B | ¥117.0 billion | ¥90.2 billion | 0.01% | ¥9,436/m² |
| 8 | Goshogawara City Aomori |
¥204.5 billion | $1.3B | ¥119.3 billion | ¥85.2 billion | 0.01% | ¥12K/m² |
| 9 | Kuroishi City Aomori |
¥119.2 billion | $757.98M | ¥69.7 billion | ¥49.5 billion | 0.01% | ¥11K/m² |
| 10 | Oirase Town Aomori |
¥115.2 billion | $732.66M | ¥65.3 billion | ¥49.9 billion | 0.01% | ¥13K/m² |
| 11 | Hirakawa City Aomori |
¥104.2 billion | $662.52M | ¥56.1 billion | ¥48.1 billion | 0.01% | ¥9,319/m² |
| 12 | Tsugaru City Aomori |
¥98.2 billion | $624.38M | ¥54.9 billion | ¥43.3 billion | 0.01% | ¥6,750/m² |
| 13 | Nanbu Town Aomori |
¥61.6 billion | $391.56M | ¥38.8 billion | ¥22.7 billion | 0.00% | ¥9,490/m² |
| 14 | Shichinohe Town Aomori |
¥58.3 billion | $370.52M | ¥33.7 billion | ¥24.5 billion | 0.00% | ¥8,543/m² |
| 15 | Tohoku Town Aomori |
¥57.7 billion | $367.20M | ¥29.8 billion | ¥27.9 billion | 0.00% | ¥5,706/m² |
| 16 | Gonohe Town Aomori |
¥54.6 billion | $347.02M | ¥31.4 billion | ¥23.2 billion | 0.00% | ¥8,892/m² |
| 17 | Fujisaki Town Aomori |
¥52.5 billion | $333.64M | ¥30.0 billion | ¥22.5 billion | 0.00% | ¥11K/m² |
| 18 | Rokunohe Town Aomori |
¥48.1 billion | $305.93M | ¥23.4 billion | ¥24.7 billion | 0.00% | ¥6,540/m² |
| 19 | Noheji Town Aomori |
¥46.2 billion | $293.76M | ¥24.9 billion | ¥21.2 billion | 0.00% | ¥11K/m² |
| 20 | Higashidori Village Aomori |
¥45.0 billion | $286.29M | ¥8.0 billion | ¥37.0 billion | 0.00% | ¥2,833/m² |
| 21 | Hashikami Town Aomori |
¥40.9 billion | $260.23M | ¥24.0 billion | ¥16.9 billion | 0.00% | ¥7,742/m² |
| 22 | Itayanagi Town Aomori |
¥39.3 billion | $249.76M | ¥20.8 billion | ¥18.4 billion | 0.00% | ¥8,710/m² |
| 23 | Sannohe Town Aomori |
¥38.8 billion | $246.61M | ¥25.4 billion | ¥13.4 billion | 0.00% | ¥14K/m² |
| 24 | Tsuruta Town Aomori |
¥31.5 billion | $200.35M | ¥16.8 billion | ¥14.7 billion | 0.00% | ¥9,200/m² |
| 25 | Ajigasawa Town Aomori |
¥31.3 billion | $199.31M | ¥18.0 billion | ¥13.3 billion | 0.00% | ¥11K/m² |
| 26 | Owani Town Aomori |
¥28.6 billion | $181.89M | ¥15.9 billion | ¥12.7 billion | 0.00% | ¥8,250/m² |
| 27 | Nakadomari Town Aomori |
¥28.3 billion | $179.87M | ¥16.8 billion | ¥11.4 billion | 0.00% | ¥5,329/m² |
| 28 | Hiranai Town Aomori |
¥26.8 billion | $170.24M | ¥14.6 billion | ¥12.2 billion | 0.00% | ¥7,850/m² |
| 29 | Inakadate Village Aomori |
¥26.5 billion | $168.75M | ¥14.6 billion | ¥11.9 billion | 0.00% | ¥8,060/m² |
| 30 | Fukaura Town Aomori |
¥19.8 billion | $125.81M | ¥10.2 billion | ¥9.6 billion | 0.00% | ¥4,100/m² |
| 31 | Takko Town Aomori |
¥19.7 billion | $125.49M | ¥11.7 billion | ¥8.1 billion | 0.00% | ¥5,912/m² |
| 32 | Yokohama Town Aomori |
¥15.1 billion | $95.73M | ¥5.8 billion | ¥9.2 billion | 0.00% | ¥5,300/m² |
| 33 | Oma Town Aomori |
¥14.1 billion | $89.68M | ¥4.3 billion | ¥9.8 billion | 0.00% | ¥3,650/m² |
| 34 | Sotogahama Town Aomori |
¥12.9 billion | $81.93M | ¥4.9 billion | ¥8.0 billion | 0.00% | ¥4,667/m² |
| 35 | Imabetsu Town Aomori |
¥7.6 billion | $48.16M | ¥2.8 billion | ¥4.8 billion | 0.00% | ¥4,150/m² |
| 36 | Yomogita Village Aomori |
¥6.7 billion | $42.67M | ¥3.7 billion | ¥3.1 billion | — | ¥4,700/m² |
| 37 | Shingo Village Aomori |
¥6.2 billion | $39.54M | ¥3.6 billion | ¥2.7 billion | — | ¥4,233/m² |
| 38 | Kazamaura Village Aomori |
¥3.3 billion | $20.91M | ¥1.2 billion | ¥2.1 billion | — | ¥3,683/m² |
| 39 | Sai Village Aomori |
¥3.2 billion | $20.28M | ¥1.3 billion | ¥1.9 billion | — | ¥4,433/m² |
| 40 | Nishimeya Village Aomori |
¥2.9 billion | $18.50M | ¥1.5 billion | ¥1.5 billion | — | ¥2,365/m² |
40 areas · calculated Nov 2, 2026. Total value is estimated from assessed values for fixed-asset tax (MIC survey), with residential land brought to the level of official land prices; tax-exempt land and buildings are not included. Designated cities are counted as a whole and Tokyo's 23 wards as one.
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.