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 | Koriyama City Fukushima |
¥2.8 trillion | $17.9B | ¥2.1 trillion | ¥733.9 billion | 0.20% | ¥65K/m² |
| 2 | Iwaki City Fukushima |
¥2.7 trillion | $17.3B | ¥2.0 trillion | ¥717.7 billion | 0.20% | ¥41K/m² |
| 3 | Fukushima City Fukushima |
¥2.3 trillion | $14.5B | ¥1.7 trillion | ¥598.5 billion | 0.16% | ¥49K/m² |
| 4 | Aizuwakamatsu City Fukushima |
¥854.8 billion | $5.4B | ¥587.5 billion | ¥267.3 billion | 0.06% | ¥35K/m² |
| 5 | Sukagawa City Fukushima |
¥488.3 billion | $3.1B | ¥334.8 billion | ¥153.5 billion | 0.04% | ¥27K/m² |
| 6 | Minamisoma City Fukushima |
¥425.1 billion | $2.7B | ¥305.4 billion | ¥119.8 billion | 0.03% | ¥20K/m² |
| 7 | Shirakawa City Fukushima |
¥409.1 billion | $2.6B | ¥259.0 billion | ¥150.1 billion | 0.03% | ¥18K/m² |
| 8 | Date City Fukushima |
¥330.1 billion | $2.1B | ¥222.1 billion | ¥108.0 billion | 0.02% | ¥20K/m² |
| 9 | Nihonmatsu City Fukushima |
¥317.0 billion | $2.0B | ¥202.4 billion | ¥114.6 billion | 0.02% | ¥20K/m² |
| 10 | Soma City Fukushima |
¥260.0 billion | $1.7B | ¥173.7 billion | ¥86.3 billion | 0.02% | ¥28K/m² |
| 11 | Motomiya City Fukushima |
¥226.1 billion | $1.4B | ¥139.1 billion | ¥87.1 billion | 0.02% | ¥19K/m² |
| 12 | Kitakata City Fukushima |
¥213.4 billion | $1.4B | ¥134.0 billion | ¥79.4 billion | 0.01% | ¥11K/m² |
| 13 | Tamura City Fukushima |
¥170.0 billion | $1.1B | ¥106.1 billion | ¥63.9 billion | 0.01% | ¥9,574/m² |
| 14 | Nishigo Village Fukushima |
¥167.4 billion | $1.1B | ¥86.7 billion | ¥80.6 billion | 0.01% | ¥20K/m² |
| 15 | Yabuki Town Fukushima |
¥116.7 billion | $741.95M | ¥72.3 billion | ¥44.4 billion | 0.01% | ¥19K/m² |
| 16 | Inawashiro Town Fukushima |
¥88.3 billion | $561.26M | ¥49.8 billion | ¥38.5 billion | 0.01% | ¥14K/m² |
| 17 | Kagamiishi Town Fukushima |
¥88.0 billion | $559.48M | ¥55.2 billion | ¥32.8 billion | 0.01% | ¥21K/m² |
| 18 | Miharu Town Fukushima |
¥81.8 billion | $520.31M | ¥50.8 billion | ¥31.1 billion | 0.01% | ¥17K/m² |
| 19 | Shinchi Town Fukushima |
¥79.7 billion | $507.09M | ¥50.0 billion | ¥29.7 billion | 0.01% | ¥15K/m² |
| 20 | Aizubange Town Fukushima |
¥79.6 billion | $506.21M | ¥53.8 billion | ¥25.8 billion | 0.01% | ¥17K/m² |
| 21 | Aizumisato Town Fukushima |
¥79.2 billion | $503.72M | ¥52.0 billion | ¥27.2 billion | 0.01% | ¥12K/m² |
| 22 | Kori Town Fukushima |
¥75.2 billion | $478.08M | ¥50.2 billion | ¥25.0 billion | 0.01% | ¥21K/m² |
| 23 | Tomioka Town Fukushima |
¥73.0 billion | $464.37M | ¥39.9 billion | ¥33.1 billion | 0.01% | ¥14K/m² |
| 24 | Ishikawa Town Fukushima |
¥72.8 billion | $463.07M | ¥45.8 billion | ¥27.0 billion | 0.01% | ¥17K/m² |
| 25 | Tanagura Town Fukushima |
¥69.3 billion | $440.51M | ¥40.2 billion | ¥29.0 billion | 0.01% | ¥13K/m² |
| 26 | Naraha Town Fukushima |
¥66.3 billion | $421.80M | ¥26.2 billion | ¥40.1 billion | 0.01% | ¥13K/m² |
| 27 | Minamiaizu Town Fukushima |
¥62.3 billion | $396.36M | ¥35.2 billion | ¥27.1 billion | 0.00% | ¥8,007/m² |
| 28 | Okuma Town Fukushima |
¥57.9 billion | $368.29M | ¥18.8 billion | ¥39.1 billion | 0.00% | ¥12K/m² |
| 29 | Kawamata Town Fukushima |
¥55.8 billion | $354.66M | ¥35.6 billion | ¥20.1 billion | 0.00% | ¥14K/m² |
| 30 | Hirono Town Fukushima |
¥55.3 billion | $351.76M | ¥29.2 billion | ¥26.1 billion | 0.00% | ¥19K/m² |
| 31 | Otama Village Fukushima |
¥54.6 billion | $347.30M | ¥34.3 billion | ¥20.3 billion | 0.00% | ¥16K/m² |
| 32 | Izumizaki Village Fukushima |
¥52.7 billion | $335.19M | ¥29.5 billion | ¥23.2 billion | 0.00% | ¥10K/m² |
| 33 | Namie Town Fukushima |
¥52.3 billion | $332.88M | ¥37.2 billion | ¥15.1 billion | 0.00% | ¥16K/m² |
| 34 | Kunimi Town Fukushima |
¥47.2 billion | $300.20M | ¥32.3 billion | ¥14.9 billion | 0.00% | ¥18K/m² |
| 35 | Ono Town Fukushima |
¥44.2 billion | $281.15M | ¥28.0 billion | ¥16.2 billion | 0.00% | ¥12K/m² |
| 36 | Hanawa Town Fukushima |
¥40.4 billion | $256.89M | ¥26.7 billion | ¥13.7 billion | 0.00% | ¥12K/m² |
| 37 | Ten-ei Village Fukushima |
¥31.8 billion | $201.95M | ¥17.1 billion | ¥14.7 billion | 0.00% | ¥6,700/m² |
| 38 | Yamatsuri Town Fukushima |
¥29.4 billion | $186.97M | ¥16.6 billion | ¥12.8 billion | 0.00% | ¥9,020/m² |
| 39 | Tamakawa Village Fukushima |
¥28.9 billion | $183.48M | ¥16.4 billion | ¥12.4 billion | 0.00% | ¥9,836/m² |
| 40 | Futaba Town Fukushima |
¥28.2 billion | $179.25M | ¥8.5 billion | ¥19.7 billion | 0.00% | — |
| 41 | Bandai Town Fukushima |
¥26.6 billion | $169.16M | ¥13.5 billion | ¥13.1 billion | 0.00% | ¥7,735/m² |
| 42 | Asakawa Town Fukushima |
¥25.9 billion | $164.95M | ¥16.3 billion | ¥9.7 billion | 0.00% | ¥12K/m² |
| 43 | Kitashiobara Village Fukushima |
¥25.3 billion | $160.62M | ¥9.6 billion | ¥15.6 billion | 0.00% | ¥4,525/m² |
| 44 | Hirata Village Fukushima |
¥22.4 billion | $142.29M | ¥12.3 billion | ¥10.1 billion | 0.00% | ¥6,712/m² |
| 45 | Nakajima Village Fukushima |
¥22.0 billion | $139.80M | ¥12.3 billion | ¥9.7 billion | 0.00% | ¥8,766/m² |
| 46 | Nishiaizu Town Fukushima |
¥21.4 billion | $135.81M | ¥11.9 billion | ¥9.5 billion | 0.00% | ¥6,350/m² |
| 47 | Shimogo Town Fukushima |
¥20.0 billion | $126.88M | ¥12.0 billion | ¥7.9 billion | 0.00% | ¥6,898/m² |
| 48 | Furudono Town Fukushima |
¥17.6 billion | $112.09M | ¥10.4 billion | ¥7.2 billion | 0.00% | ¥5,973/m² |
| 49 | Yugawa Village Fukushima |
¥15.6 billion | $99.07M | ¥10.2 billion | ¥5.4 billion | 0.00% | ¥7,570/m² |
| 50 | Tadami Town Fukushima |
¥13.3 billion | $84.55M | ¥6.5 billion | ¥6.8 billion | 0.00% | ¥4,780/m² |
| 51 | Iitate Village Fukushima |
¥11.6 billion | $73.86M | ¥4.5 billion | ¥7.2 billion | 0.00% | ¥4,400/m² |
| 52 | Yanaizu Town Fukushima |
¥9.2 billion | $58.43M | ¥4.9 billion | ¥4.3 billion | 0.00% | ¥5,467/m² |
| 53 | Samegawa Village Fukushima |
¥8.5 billion | $53.88M | ¥5.0 billion | ¥3.5 billion | 0.00% | ¥4,653/m² |
| 54 | Kawauchi Village Fukushima |
¥6.1 billion | $39.10M | ¥3.3 billion | ¥2.8 billion | — | ¥3,583/m² |
| 55 | Kaneyama Town Fukushima |
¥6.0 billion | $38.22M | ¥3.2 billion | ¥2.8 billion | — | ¥3,213/m² |
| 56 | Mishima Town Fukushima |
¥3.8 billion | $24.22M | ¥2.0 billion | ¥1.8 billion | — | ¥3,450/m² |
| 57 | Katsurao Village Fukushima |
¥3.1 billion | $19.82M | ¥1.2 billion | ¥1.9 billion | — | ¥3,335/m² |
| 58 | Showa Village Fukushima |
¥2.7 billion | $17.24M | ¥1.7 billion | ¥1.0 billion | — | ¥2,937/m² |
| 59 | Hinoemata Village Fukushima |
¥1.5 billion | $9.84M | ¥508.8M | ¥1.0 billion | — | ¥5,150/m² |
59 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.