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 | Matsuyama City Ehime |
¥4.8 trillion | $30.3B | ¥3.5 trillion | ¥1.2 trillion | 0.34% | ¥86K/m² |
| 2 | Imabari City Ehime |
¥1.1 trillion | $6.8B | ¥731.7 billion | ¥332.2 billion | 0.08% | ¥28K/m² |
| 3 | Niihama City Ehime |
¥956.6 billion | $6.1B | ¥683.2 billion | ¥273.4 billion | 0.07% | ¥35K/m² |
| 4 | Saijo City Ehime |
¥863.5 billion | $5.5B | ¥595.8 billion | ¥267.7 billion | 0.06% | ¥30K/m² |
| 5 | Shikokuchuo City Ehime |
¥818.5 billion | $5.2B | ¥553.9 billion | ¥264.6 billion | 0.06% | ¥36K/m² |
| 6 | Uwajima City Ehime |
¥417.2 billion | $2.7B | ¥284.3 billion | ¥133.0 billion | 0.03% | ¥30K/m² |
| 7 | Masaki Town Ehime |
¥298.0 billion | $1.9B | ¥225.0 billion | ¥73.1 billion | 0.02% | ¥65K/m² |
| 8 | Toon City Ehime |
¥245.8 billion | $1.6B | ¥172.1 billion | ¥73.7 billion | 0.02% | ¥41K/m² |
| 9 | Iyo City Ehime |
¥233.3 billion | $1.5B | ¥164.9 billion | ¥68.5 billion | 0.02% | ¥31K/m² |
| 10 | Ozu City Ehime |
¥223.4 billion | $1.4B | ¥144.4 billion | ¥79.0 billion | 0.02% | ¥27K/m² |
| 11 | Yawatahama City Ehime |
¥165.2 billion | $1.1B | ¥108.1 billion | ¥57.1 billion | 0.01% | ¥40K/m² |
| 12 | Seiyo City Ehime |
¥161.4 billion | $1.0B | ¥103.9 billion | ¥57.6 billion | 0.01% | ¥16K/m² |
| 13 | Tobe Town Ehime |
¥132.5 billion | $842.50M | ¥100.1 billion | ¥32.4 billion | 0.01% | ¥36K/m² |
| 14 | Ainan Town Ehime |
¥77.0 billion | $489.48M | ¥44.6 billion | ¥32.3 billion | 0.01% | ¥14K/m² |
| 15 | Uchiko Town Ehime |
¥75.5 billion | $480.20M | ¥48.3 billion | ¥27.2 billion | 0.01% | ¥21K/m² |
| 16 | Ikata Town Ehime |
¥64.7 billion | $411.70M | ¥24.1 billion | ¥40.6 billion | 0.01% | ¥15K/m² |
| 17 | Kihoku Town Ehime |
¥40.6 billion | $258.05M | ¥23.5 billion | ¥17.0 billion | 0.00% | ¥9,791/m² |
| 18 | Kumakogen Town Ehime |
¥28.7 billion | $182.75M | ¥18.4 billion | ¥10.3 billion | 0.00% | ¥6,625/m² |
| 19 | Kamijima Town Ehime |
¥24.0 billion | $152.76M | ¥14.7 billion | ¥9.4 billion | 0.00% | ¥9,107/m² |
| 20 | Matsuno Town Ehime |
¥11.9 billion | $75.49M | ¥6.7 billion | ¥5.1 billion | 0.00% | ¥8,300/m² |
20 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.