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 | Sapporo City Hokkaido |
¥21.2 trillion | $134.2B | ¥15.3 trillion | ¥5.9 trillion | 1.5% | ¥116K/m² |
| 2 | Asahikawa City Hokkaido |
¥1.7 trillion | $11.0B | ¥1.1 trillion | ¥674.6 billion | 0.12% | ¥21K/m² |
| 3 | Hakodate City Hokkaido |
¥1.6 trillion | $9.9B | ¥998.9 billion | ¥559.8 billion | 0.11% | ¥36K/m² |
| 4 | Tomakomai City Hokkaido |
¥1.1 trillion | $6.9B | ¥645.5 billion | ¥440.5 billion | 0.08% | ¥21K/m² |
| 5 | Obihiro City Hokkaido |
¥1.1 trillion | $6.9B | ¥702.3 billion | ¥381.6 billion | 0.08% | ¥36K/m² |
| 6 | Kushiro City Hokkaido |
¥785.7 billion | $5.0B | ¥438.3 billion | ¥347.4 billion | 0.06% | ¥17K/m² |
| 7 | Chitose City Hokkaido |
¥769.3 billion | $4.9B | ¥454.4 billion | ¥314.9 billion | 0.06% | ¥64K/m² |
| 8 | Ebetsu City Hokkaido |
¥760.2 billion | $4.8B | ¥517.6 billion | ¥242.7 billion | 0.06% | ¥46K/m² |
| 9 | Otaru City Hokkaido |
¥566.5 billion | $3.6B | ¥284.5 billion | ¥282.0 billion | 0.04% | ¥17K/m² |
| 10 | Kitahiroshima City Hokkaido |
¥564.5 billion | $3.6B | ¥360.3 billion | ¥204.2 billion | 0.04% | ¥46K/m² |
| 11 | Kitami City Hokkaido |
¥550.1 billion | $3.5B | ¥307.6 billion | ¥242.4 billion | 0.04% | ¥14K/m² |
| 12 | Eniwa City Hokkaido |
¥464.2 billion | $2.9B | ¥306.6 billion | ¥157.7 billion | 0.03% | ¥46K/m² |
| 13 | Muroran City Hokkaido |
¥462.2 billion | $2.9B | ¥262.0 billion | ¥200.1 billion | 0.03% | ¥15K/m² |
| 14 | Ishikari City Hokkaido |
¥433.8 billion | $2.7B | ¥271.5 billion | ¥162.3 billion | 0.03% | ¥27K/m² |
| 15 | Kutchan Town Hokkaido |
¥432.5 billion | $2.7B | ¥334.2 billion | ¥98.3 billion | 0.03% | ¥86K/m² |
| 16 | Iwamizawa City Hokkaido |
¥277.5 billion | $1.8B | ¥133.8 billion | ¥143.7 billion | 0.02% | ¥9,569/m² |
| 17 | Otofuke Town Hokkaido |
¥260.8 billion | $1.7B | ¥170.0 billion | ¥90.8 billion | 0.02% | ¥26K/m² |
| 18 | Hokuto City Hokkaido |
¥229.1 billion | $1.5B | ¥146.6 billion | ¥82.5 billion | 0.02% | ¥22K/m² |
| 19 | Noboribetsu City Hokkaido |
¥197.9 billion | $1.3B | ¥112.6 billion | ¥85.2 billion | 0.01% | ¥14K/m² |
| 20 | Date City Hokkaido |
¥167.0 billion | $1.1B | ¥105.6 billion | ¥61.4 billion | 0.01% | ¥17K/m² |
| 21 | Abashiri City Hokkaido |
¥151.3 billion | $958.17M | ¥78.4 billion | ¥72.9 billion | 0.01% | ¥16K/m² |
| 22 | Nanae Town Hokkaido |
¥136.0 billion | $861.46M | ¥79.4 billion | ¥56.7 billion | 0.01% | ¥20K/m² |
| 23 | Memuro Town Hokkaido |
¥128.8 billion | $815.81M | ¥72.3 billion | ¥56.5 billion | 0.01% | ¥21K/m² |
| 24 | Takikawa City Hokkaido |
¥128.3 billion | $812.51M | ¥54.7 billion | ¥73.6 billion | 0.01% | ¥7,531/m² |
| 25 | Makubetsu Town Hokkaido |
¥127.6 billion | $808.26M | ¥76.9 billion | ¥50.7 billion | 0.01% | ¥21K/m² |
| 26 | Nakashibetsu Town Hokkaido |
¥116.5 billion | $737.77M | ¥59.5 billion | ¥57.0 billion | 0.01% | ¥15K/m² |
| 27 | Wakkanai City Hokkaido |
¥116.5 billion | $737.58M | ¥50.2 billion | ¥66.3 billion | 0.01% | ¥10K/m² |
| 28 | Furano City Hokkaido |
¥107.6 billion | $681.38M | ¥58.7 billion | ¥48.9 billion | 0.01% | ¥35K/m² |
| 29 | Kushiro Town Hokkaido |
¥96.2 billion | $609.27M | ¥60.5 billion | ¥35.7 billion | 0.01% | ¥18K/m² |
| 30 | Nayoro City Hokkaido |
¥92.3 billion | $584.75M | ¥44.1 billion | ¥48.2 billion | 0.01% | ¥9,089/m² |
| 31 | Shinhidaka Town Hokkaido |
¥82.5 billion | $522.79M | ¥46.3 billion | ¥36.3 billion | 0.01% | ¥12K/m² |
| 32 | Nemuro City Hokkaido |
¥80.3 billion | $508.73M | ¥38.0 billion | ¥42.4 billion | 0.01% | ¥11K/m² |
| 33 | Shiraoi Town Hokkaido |
¥77.0 billion | $487.56M | ¥37.8 billion | ¥39.2 billion | 0.01% | ¥5,008/m² |
| 34 | Bihoro Town Hokkaido |
¥75.9 billion | $480.56M | ¥40.9 billion | ¥35.0 billion | 0.01% | ¥12K/m² |
| 35 | Monbetsu City Hokkaido |
¥74.8 billion | $473.78M | ¥30.8 billion | ¥44.0 billion | 0.01% | ¥6,625/m² |
| 36 | Tobetsu Town Hokkaido |
¥72.8 billion | $460.85M | ¥31.6 billion | ¥41.1 billion | 0.01% | ¥7,620/m² |
| 37 | Shibetsu City Hokkaido |
¥69.0 billion | $436.90M | ¥35.3 billion | ¥33.7 billion | 0.01% | ¥7,308/m² |
| 38 | Betsukai Town Hokkaido |
¥66.2 billion | $419.39M | ¥19.0 billion | ¥47.2 billion | 0.01% | ¥5,933/m² |
| 39 | Fukagawa City Hokkaido |
¥62.6 billion | $396.19M | ¥25.5 billion | ¥37.1 billion | 0.00% | ¥5,925/m² |
| 40 | Mori Town Hokkaido |
¥62.5 billion | $395.82M | ¥33.2 billion | ¥29.3 billion | 0.00% | ¥7,770/m² |
| 41 | Yoichi Town Hokkaido |
¥62.1 billion | $393.32M | ¥29.0 billion | ¥33.1 billion | 0.00% | ¥8,040/m² |
| 42 | Engaru Town Hokkaido |
¥61.6 billion | $390.40M | ¥29.0 billion | ¥32.6 billion | 0.00% | ¥8,796/m² |
| 43 | Rumoi City Hokkaido |
¥60.7 billion | $384.35M | ¥26.5 billion | ¥34.2 billion | 0.00% | ¥9,767/m² |
| 44 | Sunagawa City Hokkaido |
¥59.9 billion | $379.57M | ¥25.8 billion | ¥34.2 billion | 0.00% | ¥6,967/m² |
| 45 | Yakumo Town Hokkaido |
¥58.1 billion | $368.04M | ¥27.9 billion | ¥30.2 billion | 0.00% | ¥12K/m² |
| 46 | Bibai City Hokkaido |
¥57.0 billion | $360.78M | ¥24.5 billion | ¥32.5 billion | 0.00% | ¥4,380/m² |
| 47 | Shari Town Hokkaido |
¥51.5 billion | $325.85M | ¥23.4 billion | ¥28.1 billion | 0.00% | ¥8,060/m² |
| 48 | Toyako Town Hokkaido |
¥47.4 billion | $299.97M | ¥20.3 billion | ¥27.0 billion | 0.00% | ¥7,130/m² |
| 49 | Niseko Town Hokkaido |
¥46.0 billion | $291.56M | ¥17.9 billion | ¥28.2 billion | 0.00% | ¥22K/m² |
| 50 | Naganuma Town Hokkaido |
¥45.2 billion | $286.21M | ¥19.5 billion | ¥25.7 billion | 0.00% | ¥10K/m² |
| 51 | Higashikagura Town Hokkaido |
¥44.6 billion | $282.24M | ¥23.1 billion | ¥21.5 billion | 0.00% | ¥15K/m² |
| 52 | Higashikawa Town Hokkaido |
¥42.8 billion | $270.78M | ¥22.7 billion | ¥20.1 billion | 0.00% | ¥15K/m² |
| 53 | Kuriyama Town Hokkaido |
¥41.8 billion | $264.68M | ¥20.2 billion | ¥21.6 billion | 0.00% | ¥8,600/m² |
| 54 | Urakawa Town Hokkaido |
¥40.8 billion | $258.70M | ¥18.1 billion | ¥22.8 billion | 0.00% | ¥8,810/m² |
| 55 | Shimizu Town Hokkaido |
¥39.1 billion | $247.66M | ¥14.3 billion | ¥24.8 billion | 0.00% | ¥5,520/m² |
| 56 | Biei Town Hokkaido |
¥37.6 billion | $238.42M | ¥16.9 billion | ¥20.8 billion | 0.00% | ¥9,960/m² |
| 57 | Hidaka Town Hokkaido |
¥37.3 billion | $235.98M | ¥15.8 billion | ¥21.4 billion | 0.00% | ¥4,090/m² |
| 58 | Abira Town Hokkaido |
¥37.2 billion | $235.54M | ¥15.2 billion | ¥22.0 billion | 0.00% | ¥5,198/m² |
| 59 | Shibecha Town Hokkaido |
¥35.1 billion | $222.00M | ¥10.3 billion | ¥24.8 billion | 0.00% | ¥5,570/m² |
| 60 | Iwanai Town Hokkaido |
¥35.0 billion | $221.72M | ¥17.3 billion | ¥17.7 billion | 0.00% | ¥10K/m² |
| 61 | Kamifurano Town Hokkaido |
¥32.7 billion | $207.33M | ¥15.7 billion | ¥17.0 billion | 0.00% | ¥9,200/m² |
| 62 | Shiranuka Town Hokkaido |
¥32.4 billion | $205.02M | ¥16.0 billion | ¥16.3 billion | 0.00% | ¥5,600/m² |
| 63 | Ashibetsu City Hokkaido |
¥32.1 billion | $203.17M | ¥11.8 billion | ¥20.3 billion | 0.00% | ¥4,086/m² |
| 64 | Tomari Village Hokkaido |
¥31.8 billion | $201.52M | ¥1.1 billion | ¥30.8 billion | 0.00% | ¥2,920/m² |
| 65 | Akkeshi Town Hokkaido |
¥30.7 billion | $194.44M | ¥14.7 billion | ¥16.0 billion | 0.00% | ¥7,460/m² |
| 66 | Takasu Town Hokkaido |
¥30.4 billion | $192.31M | ¥17.1 billion | ¥13.3 billion | 0.00% | ¥11K/m² |
| 67 | Shihoro Town Hokkaido |
¥30.3 billion | $192.11M | ¥12.3 billion | ¥18.1 billion | 0.00% | ¥7,267/m² |
| 68 | Yubetsu Town Hokkaido |
¥29.9 billion | $189.19M | ¥9.4 billion | ¥20.5 billion | 0.00% | ¥3,100/m² |
| 69 | Teshikaga Town Hokkaido |
¥29.7 billion | $188.06M | ¥11.2 billion | ¥18.5 billion | 0.00% | ¥5,510/m² |
| 70 | Nanporo Town Hokkaido |
¥29.6 billion | $187.55M | ¥12.7 billion | ¥16.9 billion | 0.00% | ¥6,200/m² |
| 71 | Atsuma Town Hokkaido |
¥29.5 billion | $186.78M | ¥12.3 billion | ¥17.2 billion | 0.00% | ¥5,219/m² |
| 72 | Mukawa Town Hokkaido |
¥26.9 billion | $170.43M | ¥14.1 billion | ¥12.8 billion | 0.00% | ¥7,510/m² |
| 73 | Taiki Town Hokkaido |
¥26.4 billion | $167.35M | ¥7.0 billion | ¥19.5 billion | 0.00% | ¥5,680/m² |
| 74 | Ozora Town Hokkaido |
¥25.7 billion | $162.89M | ¥9.8 billion | ¥16.0 billion | 0.00% | ¥6,060/m² |
| 75 | Esashi Town Hokkaido |
¥25.0 billion | $158.24M | ¥10.3 billion | ¥14.7 billion | 0.00% | ¥5,320/m² |
| 76 | Hiroo Town Hokkaido |
¥24.7 billion | $156.28M | ¥8.6 billion | ¥16.1 billion | 0.00% | ¥5,580/m² |
| 77 | Honbetsu Town Hokkaido |
¥24.3 billion | $153.58M | ¥11.0 billion | ¥13.3 billion | 0.00% | ¥7,500/m² |
| 78 | Mikasa City Hokkaido |
¥24.2 billion | $153.49M | ¥9.0 billion | ¥15.2 billion | 0.00% | ¥3,338/m² |
| 79 | Kamishihoro Town Hokkaido |
¥23.6 billion | $149.66M | ¥8.2 billion | ¥15.5 billion | 0.00% | ¥4,900/m² |
| 80 | Ashoro Town Hokkaido |
¥22.5 billion | $142.81M | ¥10.2 billion | ¥12.4 billion | 0.00% | ¥7,340/m² |
| 81 | Shintoku Town Hokkaido |
¥21.8 billion | $138.11M | ¥7.1 billion | ¥14.7 billion | 0.00% | ¥7,180/m² |
| 82 | Esashi Town Hokkaido |
¥21.7 billion | $137.64M | ¥10.1 billion | ¥11.6 billion | 0.00% | ¥9,800/m² |
| 83 | Kyowa Town Hokkaido |
¥21.6 billion | $136.73M | ¥8.5 billion | ¥13.0 billion | 0.00% | ¥8,770/m² |
| 84 | Naie Town Hokkaido |
¥20.8 billion | $131.80M | ¥8.5 billion | ¥12.3 billion | 0.00% | ¥4,190/m² |
| 85 | Shimukappu Village Hokkaido |
¥20.5 billion | $129.97M | ¥793.0M | ¥19.7 billion | 0.00% | ¥2,425/m² |
| 86 | Hamanaka Town Hokkaido |
¥20.5 billion | $129.60M | ¥5.8 billion | ¥14.7 billion | 0.00% | ¥4,033/m² |
| 87 | Ikeda Town Hokkaido |
¥20.1 billion | $127.42M | ¥8.6 billion | ¥11.5 billion | 0.00% | ¥5,260/m² |
| 88 | Toma Town Hokkaido |
¥19.7 billion | $124.48M | ¥9.6 billion | ¥10.0 billion | 0.00% | ¥6,467/m² |
| 89 | Saroma Town Hokkaido |
¥19.5 billion | $123.39M | ¥4.9 billion | ¥14.6 billion | 0.00% | ¥3,967/m² |
| 90 | Setana Town Hokkaido |
¥19.4 billion | $123.17M | ¥9.6 billion | ¥9.8 billion | 0.00% | ¥7,640/m² |
| 91 | Yuni Town Hokkaido |
¥19.2 billion | $121.48M | ¥7.7 billion | ¥11.5 billion | 0.00% | ¥4,283/m² |
| 92 | Akabira City Hokkaido |
¥18.5 billion | $117.18M | ¥6.1 billion | ¥12.4 billion | 0.00% | ¥2,958/m² |
| 93 | Shibetsu Town Hokkaido |
¥18.3 billion | $116.17M | ¥5.8 billion | ¥12.5 billion | 0.00% | ¥5,167/m² |
| 94 | Shintotsukawa Town Hokkaido |
¥18.2 billion | $115.13M | ¥8.4 billion | ¥9.8 billion | 0.00% | ¥5,130/m² |
| 95 | Shikaoi Town Hokkaido |
¥18.1 billion | $114.80M | ¥6.6 billion | ¥11.5 billion | 0.00% | ¥4,833/m² |
| 96 | Oshamanbe Town Hokkaido |
¥17.8 billion | $112.47M | ¥7.1 billion | ¥10.7 billion | 0.00% | ¥5,660/m² |
| 97 | Rusutsu Village Hokkaido |
¥17.7 billion | $112.18M | ¥3.3 billion | ¥14.4 billion | 0.00% | ¥5,800/m² |
| 98 | Nakasatsunai Village Hokkaido |
¥17.5 billion | $110.99M | ¥5.9 billion | ¥11.6 billion | 0.00% | ¥7,450/m² |
| 99 | Sobetsu Town Hokkaido |
¥17.2 billion | $108.62M | ¥6.7 billion | ¥10.4 billion | 0.00% | ¥4,525/m² |
| 100 | Shikabe Town Hokkaido |
¥17.1 billion | $108.49M | ¥9.4 billion | ¥7.7 billion | 0.00% | ¥5,167/m² |
179 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.