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 | Tsukuba City Ibaraki |
¥2.7 trillion | $17.2B | ¥1.8 trillion | ¥892.9 billion | 0.19% | ¥90K/m² |
| 2 | Mito City Ibaraki |
¥2.1 trillion | $13.2B | ¥1.4 trillion | ¥664.5 billion | 0.15% | ¥43K/m² |
| 3 | Hitachi City Ibaraki |
¥1.3 trillion | $8.2B | ¥905.6 billion | ¥391.4 billion | 0.09% | ¥34K/m² |
| 4 | Hitachinaka City Ibaraki |
¥1.1 trillion | $7.0B | ¥733.8 billion | ¥374.7 billion | 0.08% | ¥33K/m² |
| 5 | Koga City Ibaraki |
¥1.1 trillion | $6.8B | ¥725.8 billion | ¥347.8 billion | 0.08% | ¥37K/m² |
| 6 | Tsuchiura City Ibaraki |
¥1.0 trillion | $6.6B | ¥675.2 billion | ¥363.0 billion | 0.07% | ¥32K/m² |
| 7 | Kamisu City Ibaraki |
¥831.1 billion | $5.3B | ¥509.5 billion | ¥321.6 billion | 0.06% | ¥18K/m² |
| 8 | Moriya City Ibaraki |
¥693.5 billion | $4.4B | ¥520.8 billion | ¥172.7 billion | 0.05% | ¥133K/m² |
| 9 | Chikusei City Ibaraki |
¥685.0 billion | $4.4B | ¥433.2 billion | ¥251.7 billion | 0.05% | ¥21K/m² |
| 10 | Toride City Ibaraki |
¥635.6 billion | $4.0B | ¥420.3 billion | ¥215.2 billion | 0.05% | ¥45K/m² |
| 11 | Ushiku City Ibaraki |
¥612.7 billion | $3.9B | ¥430.0 billion | ¥182.7 billion | 0.04% | ¥49K/m² |
| 12 | Kasama City Ibaraki |
¥494.5 billion | $3.1B | ¥319.1 billion | ¥175.4 billion | 0.04% | ¥20K/m² |
| 13 | Kashima City Ibaraki |
¥471.6 billion | $3.0B | ¥303.2 billion | ¥168.4 billion | 0.03% | ¥20K/m² |
| 14 | Ryugasaki City Ibaraki |
¥465.7 billion | $3.0B | ¥312.8 billion | ¥152.9 billion | 0.03% | ¥31K/m² |
| 15 | Joso City Ibaraki |
¥464.7 billion | $3.0B | ¥282.4 billion | ¥182.3 billion | 0.03% | ¥22K/m² |
| 16 | Tsukubamirai City Ibaraki |
¥444.5 billion | $2.8B | ¥300.3 billion | ¥144.2 billion | 0.03% | ¥58K/m² |
| 17 | Ishioka City Ibaraki |
¥439.8 billion | $2.8B | ¥284.5 billion | ¥155.3 billion | 0.03% | ¥19K/m² |
| 18 | Tokai Village Ibaraki |
¥416.9 billion | $2.7B | ¥234.2 billion | ¥182.7 billion | 0.03% | ¥35K/m² |
| 19 | Ami Town Ibaraki |
¥403.8 billion | $2.6B | ¥243.8 billion | ¥160.0 billion | 0.03% | ¥30K/m² |
| 20 | Bando City Ibaraki |
¥386.9 billion | $2.5B | ¥246.8 billion | ¥140.1 billion | 0.03% | ¥20K/m² |
| 21 | Naka City Ibaraki |
¥346.0 billion | $2.2B | ¥233.5 billion | ¥112.5 billion | 0.03% | ¥21K/m² |
| 22 | Shimotsuma City Ibaraki |
¥319.7 billion | $2.0B | ¥193.1 billion | ¥126.5 billion | 0.02% | ¥18K/m² |
| 23 | Yuki City Ibaraki |
¥318.2 billion | $2.0B | ¥210.2 billion | ¥108.0 billion | 0.02% | ¥28K/m² |
| 24 | Omitama City Ibaraki |
¥302.6 billion | $1.9B | ¥194.2 billion | ¥108.4 billion | 0.02% | ¥14K/m² |
| 25 | Kasumigaura City Ibaraki |
¥268.7 billion | $1.7B | ¥178.8 billion | ¥89.8 billion | 0.02% | ¥18K/m² |
| 26 | Kitaibaraki City Ibaraki |
¥260.8 billion | $1.7B | ¥161.6 billion | ¥99.2 billion | 0.02% | ¥20K/m² |
| 27 | Hitachiota City Ibaraki |
¥240.6 billion | $1.5B | ¥156.0 billion | ¥84.6 billion | 0.02% | ¥18K/m² |
| 28 | Sakuragawa City Ibaraki |
¥224.8 billion | $1.4B | ¥151.2 billion | ¥73.6 billion | 0.02% | ¥16K/m² |
| 29 | Hokota City Ibaraki |
¥212.6 billion | $1.4B | ¥128.2 billion | ¥84.5 billion | 0.01% | ¥9,906/m² |
| 30 | Ibaraki Town Ibaraki |
¥201.1 billion | $1.3B | ¥126.9 billion | ¥74.2 billion | 0.01% | ¥16K/m² |
| 31 | Hitachiomiya City Ibaraki |
¥200.3 billion | $1.3B | ¥120.6 billion | ¥79.6 billion | 0.01% | ¥13K/m² |
| 32 | Inashiki City Ibaraki |
¥194.8 billion | $1.2B | ¥110.4 billion | ¥84.4 billion | 0.01% | ¥8,341/m² |
| 33 | Sakai Town Ibaraki |
¥194.6 billion | $1.2B | ¥132.5 billion | ¥62.1 billion | 0.01% | ¥21K/m² |
| 34 | Namegata City Ibaraki |
¥158.5 billion | $1.0B | ¥92.8 billion | ¥65.7 billion | 0.01% | ¥7,026/m² |
| 35 | Takahagi City Ibaraki |
¥158.4 billion | $1.0B | ¥101.3 billion | ¥57.2 billion | 0.01% | ¥21K/m² |
| 36 | Goka Town Ibaraki |
¥137.1 billion | $872.15M | ¥89.3 billion | ¥47.9 billion | 0.01% | ¥19K/m² |
| 37 | Oarai Town Ibaraki |
¥135.8 billion | $863.66M | ¥74.6 billion | ¥61.2 billion | 0.01% | ¥23K/m² |
| 38 | Yachiyo Town Ibaraki |
¥135.6 billion | $862.54M | ¥79.1 billion | ¥56.5 billion | 0.01% | ¥13K/m² |
| 39 | Itako City Ibaraki |
¥128.8 billion | $819.01M | ¥78.5 billion | ¥50.3 billion | 0.01% | ¥12K/m² |
| 40 | Miho Village Ibaraki |
¥84.3 billion | $536.36M | ¥43.0 billion | ¥41.4 billion | 0.01% | ¥9,600/m² |
| 41 | Shirosato Town Ibaraki |
¥80.8 billion | $513.74M | ¥47.6 billion | ¥33.2 billion | 0.01% | ¥9,288/m² |
| 42 | Daigo Town Ibaraki |
¥65.5 billion | $416.81M | ¥38.9 billion | ¥26.6 billion | 0.01% | ¥9,248/m² |
| 43 | Tone Town Ibaraki |
¥55.5 billion | $353.23M | ¥34.3 billion | ¥21.3 billion | 0.00% | ¥13K/m² |
| 44 | Kawachi Town Ibaraki |
¥42.4 billion | $269.89M | ¥28.6 billion | ¥13.8 billion | 0.00% | ¥10K/m² |
44 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.