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 | Kanazawa City Ishikawa |
¥4.9 trillion | $30.8B | ¥3.6 trillion | ¥1.2 trillion | 0.35% | ¥92K/m² |
| 2 | Hakusan City Ishikawa |
¥1.0 trillion | $6.5B | ¥721.7 billion | ¥301.1 billion | 0.07% | ¥47K/m² |
| 3 | Komatsu City Ishikawa |
¥742.5 billion | $4.7B | ¥476.2 billion | ¥266.3 billion | 0.05% | ¥31K/m² |
| 4 | Nonoichi City Ishikawa |
¥616.2 billion | $3.9B | ¥486.3 billion | ¥129.9 billion | 0.04% | ¥92K/m² |
| 5 | Kaga City Ishikawa |
¥377.4 billion | $2.4B | ¥208.9 billion | ¥168.5 billion | 0.03% | ¥19K/m² |
| 6 | Nomi City Ishikawa |
¥354.8 billion | $2.2B | ¥201.3 billion | ¥153.5 billion | 0.03% | ¥24K/m² |
| 7 | Nanao City Ishikawa |
¥262.3 billion | $1.7B | ¥144.1 billion | ¥118.2 billion | 0.02% | ¥15K/m² |
| 8 | Tsubata Town Ishikawa |
¥212.2 billion | $1.3B | ¥146.8 billion | ¥65.4 billion | 0.01% | ¥47K/m² |
| 9 | Kahoku City Ishikawa |
¥191.7 billion | $1.2B | ¥115.5 billion | ¥76.2 billion | 0.01% | ¥25K/m² |
| 10 | Uchinada Town Ishikawa |
¥141.3 billion | $894.87M | ¥100.2 billion | ¥41.1 billion | 0.01% | ¥45K/m² |
| 11 | Shika Town Ishikawa |
¥120.3 billion | $761.96M | ¥44.8 billion | ¥75.5 billion | 0.01% | ¥6,469/m² |
| 12 | Hakui City Ishikawa |
¥106.9 billion | $677.28M | ¥61.7 billion | ¥45.2 billion | 0.01% | ¥15K/m² |
| 13 | Wajima City Ishikawa |
¥78.4 billion | $496.67M | ¥47.2 billion | ¥31.2 billion | 0.01% | ¥16K/m² |
| 14 | Nakanoto Town Ishikawa |
¥66.4 billion | $420.32M | ¥36.3 billion | ¥30.1 billion | 0.01% | ¥7,980/m² |
| 15 | Kawakita Town Ishikawa |
¥57.8 billion | $366.13M | ¥31.5 billion | ¥26.3 billion | 0.00% | ¥27K/m² |
| 16 | Hodatsushimizu Town Ishikawa |
¥56.3 billion | $356.30M | ¥29.2 billion | ¥27.1 billion | 0.00% | ¥8,862/m² |
| 17 | Noto Town Ishikawa |
¥45.0 billion | $285.24M | ¥22.6 billion | ¥22.4 billion | 0.00% | ¥7,544/m² |
| 18 | Suzu City Ishikawa |
¥34.9 billion | $220.96M | ¥18.3 billion | ¥16.6 billion | 0.00% | ¥6,260/m² |
| 19 | Anamizu Town Ishikawa |
¥27.6 billion | $174.95M | ¥15.6 billion | ¥12.0 billion | 0.00% | ¥12K/m² |
19 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.