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 | Gifu City Gifu |
¥3.8 trillion | $24.1B | ¥2.8 trillion | ¥1.0 trillion | 0.27% | ¥68K/m² |
| 2 | Ogaki City Gifu |
¥1.5 trillion | $9.7B | ¥1.1 trillion | ¥436.8 billion | 0.11% | ¥50K/m² |
| 3 | Kakamigahara City Gifu |
¥1.2 trillion | $7.9B | ¥904.3 billion | ¥345.1 billion | 0.09% | ¥47K/m² |
| 4 | Tajimi City Gifu |
¥740.2 billion | $4.7B | ¥519.3 billion | ¥220.9 billion | 0.05% | ¥38K/m² |
| 5 | Takayama City Gifu |
¥687.8 billion | $4.4B | ¥474.9 billion | ¥212.9 billion | 0.05% | ¥34K/m² |
| 6 | Kani City Gifu |
¥675.8 billion | $4.3B | ¥433.9 billion | ¥241.9 billion | 0.05% | ¥32K/m² |
| 7 | Seki City Gifu |
¥600.6 billion | $3.8B | ¥400.4 billion | ¥200.2 billion | 0.04% | ¥24K/m² |
| 8 | Hashima City Gifu |
¥547.2 billion | $3.5B | ¥398.2 billion | ¥148.9 billion | 0.04% | ¥37K/m² |
| 9 | Mizuho City Gifu |
¥466.0 billion | $3.0B | ¥344.4 billion | ¥121.6 billion | 0.03% | ¥50K/m² |
| 10 | Nakatsugawa City Gifu |
¥444.2 billion | $2.8B | ¥277.1 billion | ¥167.1 billion | 0.03% | ¥19K/m² |
| 11 | Minokamo City Gifu |
¥418.4 billion | $2.6B | ¥272.4 billion | ¥146.1 billion | 0.03% | ¥31K/m² |
| 12 | Toki City Gifu |
¥385.5 billion | $2.4B | ¥254.6 billion | ¥130.9 billion | 0.03% | ¥31K/m² |
| 13 | Ena City Gifu |
¥303.0 billion | $1.9B | ¥198.2 billion | ¥104.9 billion | 0.02% | ¥18K/m² |
| 14 | Ginan Town Gifu |
¥279.0 billion | $1.8B | ¥210.5 billion | ¥68.5 billion | 0.02% | ¥58K/m² |
| 15 | Motosu City Gifu |
¥261.3 billion | $1.7B | ¥173.6 billion | ¥87.6 billion | 0.02% | ¥23K/m² |
| 16 | Mizunami City Gifu |
¥228.7 billion | $1.4B | ¥148.3 billion | ¥80.4 billion | 0.02% | ¥29K/m² |
| 17 | Gujo City Gifu |
¥225.3 billion | $1.4B | ¥143.9 billion | ¥81.4 billion | 0.02% | ¥22K/m² |
| 18 | Kaizu City Gifu |
¥223.4 billion | $1.4B | ¥159.6 billion | ¥63.8 billion | 0.02% | ¥19K/m² |
| 19 | Tarui Town Gifu |
¥210.8 billion | $1.3B | ¥148.2 billion | ¥62.5 billion | 0.01% | ¥34K/m² |
| 20 | Yoro Town Gifu |
¥187.1 billion | $1.2B | ¥133.8 billion | ¥53.3 billion | 0.01% | ¥21K/m² |
| 21 | Kasamatsu Town Gifu |
¥181.8 billion | $1.2B | ¥137.7 billion | ¥44.1 billion | 0.01% | ¥41K/m² |
| 22 | Ono Town Gifu |
¥166.5 billion | $1.1B | ¥102.1 billion | ¥64.4 billion | 0.01% | ¥23K/m² |
| 23 | Gero City Gifu |
¥164.7 billion | $1.0B | ¥96.6 billion | ¥68.1 billion | 0.01% | ¥15K/m² |
| 24 | Kitagata Town Gifu |
¥155.7 billion | $986.04M | ¥111.9 billion | ¥43.8 billion | 0.01% | ¥46K/m² |
| 25 | Ikeda Town Gifu |
¥152.5 billion | $965.73M | ¥100.7 billion | ¥51.8 billion | 0.01% | ¥24K/m² |
| 26 | Yamagata City Gifu |
¥136.3 billion | $863.45M | ¥88.5 billion | ¥47.8 billion | 0.01% | ¥18K/m² |
| 27 | Godo Town Gifu |
¥130.7 billion | $827.46M | ¥90.4 billion | ¥40.3 billion | 0.01% | ¥31K/m² |
| 28 | Mino City Gifu |
¥130.0 billion | $823.41M | ¥88.0 billion | ¥42.0 billion | 0.01% | ¥23K/m² |
| 29 | Anpachi Town Gifu |
¥127.5 billion | $807.34M | ¥89.5 billion | ¥38.0 billion | 0.01% | ¥35K/m² |
| 30 | Ibigawa Town Gifu |
¥107.0 billion | $677.70M | ¥71.1 billion | ¥35.9 billion | 0.01% | ¥12K/m² |
| 31 | Mitake Town Gifu |
¥106.6 billion | $674.99M | ¥63.7 billion | ¥42.9 billion | 0.01% | ¥17K/m² |
| 32 | Hida City Gifu |
¥101.4 billion | $641.95M | ¥60.4 billion | ¥40.9 billion | 0.01% | ¥20K/m² |
| 33 | Wanouchi Town Gifu |
¥99.6 billion | $630.95M | ¥63.4 billion | ¥36.2 billion | 0.01% | ¥20K/m² |
| 34 | Sakahogi Town Gifu |
¥59.2 billion | $374.86M | ¥39.0 billion | ¥20.1 billion | 0.00% | ¥23K/m² |
| 35 | Kawabe Town Gifu |
¥58.7 billion | $371.68M | ¥37.4 billion | ¥21.3 billion | 0.00% | ¥21K/m² |
| 36 | Yaotsu Town Gifu |
¥52.8 billion | $334.44M | ¥31.8 billion | ¥21.0 billion | 0.00% | ¥15K/m² |
| 37 | Sekigahara Town Gifu |
¥49.7 billion | $314.65M | ¥34.9 billion | ¥14.8 billion | 0.00% | ¥18K/m² |
| 38 | Tomika Town Gifu |
¥48.7 billion | $308.42M | ¥31.5 billion | ¥17.2 billion | 0.00% | ¥20K/m² |
| 39 | Shirakawa Town Gifu |
¥30.8 billion | $194.79M | ¥17.0 billion | ¥13.8 billion | 0.00% | ¥9,510/m² |
| 40 | Hichiso Town Gifu |
¥13.7 billion | $86.91M | ¥8.0 billion | ¥5.7 billion | 0.00% | ¥8,205/m² |
| 41 | Shirakawa Village Gifu |
¥8.8 billion | $55.52M | ¥3.3 billion | ¥5.5 billion | 0.00% | ¥5,960/m² |
| 42 | Higashishirakawa Village Gifu |
¥6.1 billion | $38.50M | ¥3.1 billion | ¥3.0 billion | — | ¥3,170/m² |
42 areas · calculated Nov 3, 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.