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 | Kagoshima City Kagoshima |
¥5.5 trillion | $35.0B | ¥4.0 trillion | ¥1.5 trillion | 0.40% | ¥96K/m² |
| 2 | Kirishima City Kagoshima |
¥763.9 billion | $4.9B | ¥451.3 billion | ¥312.6 billion | 0.06% | ¥17K/m² |
| 3 | Satsumasendai City Kagoshima |
¥516.6 billion | $3.3B | ¥285.1 billion | ¥231.5 billion | 0.04% | ¥12K/m² |
| 4 | Kanoya City Kagoshima |
¥457.8 billion | $2.9B | ¥255.3 billion | ¥202.6 billion | 0.03% | ¥9,910/m² |
| 5 | Aira City Kagoshima |
¥434.3 billion | $2.8B | ¥277.6 billion | ¥156.7 billion | 0.03% | ¥22K/m² |
| 6 | Izumi City Kagoshima |
¥244.7 billion | $1.6B | ¥136.8 billion | ¥107.9 billion | 0.02% | ¥11K/m² |
| 7 | Hioki City Kagoshima |
¥222.2 billion | $1.4B | ¥134.4 billion | ¥87.8 billion | 0.02% | ¥16K/m² |
| 8 | Amami City Kagoshima |
¥210.9 billion | $1.3B | ¥144.3 billion | ¥66.6 billion | 0.01% | ¥42K/m² |
| 9 | Ibusuki City Kagoshima |
¥199.2 billion | $1.3B | ¥109.9 billion | ¥89.3 billion | 0.01% | ¥11K/m² |
| 10 | Minamisatsuma City Kagoshima |
¥146.6 billion | $932.36M | ¥85.8 billion | ¥60.8 billion | 0.01% | ¥8,108/m² |
| 11 | Minamikyushu City Kagoshima |
¥146.3 billion | $930.22M | ¥75.7 billion | ¥70.6 billion | 0.01% | ¥8,940/m² |
| 12 | Shibushi City Kagoshima |
¥136.8 billion | $870.24M | ¥61.5 billion | ¥75.4 billion | 0.01% | ¥6,094/m² |
| 13 | Soo City Kagoshima |
¥136.0 billion | $864.61M | ¥73.0 billion | ¥63.0 billion | 0.01% | ¥6,639/m² |
| 14 | Ichikikushikino City Kagoshima |
¥123.3 billion | $784.04M | ¥67.8 billion | ¥55.5 billion | 0.01% | ¥14K/m² |
| 15 | Isa City Kagoshima |
¥106.8 billion | $679.39M | ¥65.1 billion | ¥41.8 billion | 0.01% | ¥7,861/m² |
| 16 | Makurazaki City Kagoshima |
¥93.9 billion | $596.95M | ¥50.2 billion | ¥43.6 billion | 0.01% | ¥15K/m² |
| 17 | Satsuma Town Kagoshima |
¥87.8 billion | $558.20M | ¥48.0 billion | ¥39.7 billion | 0.01% | ¥6,308/m² |
| 18 | Akune City Kagoshima |
¥85.1 billion | $541.03M | ¥48.5 billion | ¥36.6 billion | 0.01% | ¥9,237/m² |
| 19 | Tarumizu City Kagoshima |
¥60.0 billion | $381.41M | ¥33.1 billion | ¥26.8 billion | 0.00% | ¥12K/m² |
| 20 | Nishinoomote City Kagoshima |
¥53.9 billion | $342.49M | ¥28.9 billion | ¥24.9 billion | 0.00% | ¥15K/m² |
| 21 | Osaki Town Kagoshima |
¥51.9 billion | $329.81M | ¥25.4 billion | ¥26.5 billion | 0.00% | ¥4,226/m² |
| 22 | Kimotsuki Town Kagoshima |
¥50.3 billion | $320.06M | ¥26.2 billion | ¥24.1 billion | 0.00% | ¥5,708/m² |
| 23 | Yakushima Town Kagoshima |
¥49.1 billion | $312.06M | ¥25.8 billion | ¥23.2 billion | 0.00% | ¥6,314/m² |
| 24 | Tokunoshima Town Kagoshima |
¥44.4 billion | $282.62M | ¥25.7 billion | ¥18.7 billion | 0.00% | ¥19K/m² |
| 25 | Yusui Town Kagoshima |
¥41.4 billion | $263.37M | ¥23.7 billion | ¥17.7 billion | 0.00% | ¥6,913/m² |
| 26 | Minamitane Town Kagoshima |
¥33.9 billion | $215.79M | ¥14.5 billion | ¥19.4 billion | 0.00% | ¥5,948/m² |
| 27 | Setouchi Town Kagoshima |
¥33.6 billion | $213.88M | ¥22.0 billion | ¥11.7 billion | 0.00% | ¥23K/m² |
| 28 | Nagashima Town Kagoshima |
¥32.7 billion | $207.68M | ¥15.9 billion | ¥16.7 billion | 0.00% | ¥5,600/m² |
| 29 | Nakatane Town Kagoshima |
¥31.3 billion | $198.83M | ¥18.0 billion | ¥13.2 billion | 0.00% | ¥5,814/m² |
| 30 | Tatsugo Town Kagoshima |
¥23.9 billion | $152.22M | ¥14.1 billion | ¥9.8 billion | 0.00% | ¥13K/m² |
| 31 | Kinko Town Kagoshima |
¥22.6 billion | $143.87M | ¥11.6 billion | ¥11.0 billion | 0.00% | ¥4,508/m² |
| 32 | Wadomari Town Kagoshima |
¥22.6 billion | $143.77M | ¥11.6 billion | ¥11.0 billion | 0.00% | ¥7,940/m² |
| 33 | Higashikushira Town Kagoshima |
¥22.2 billion | $141.29M | ¥11.3 billion | ¥10.9 billion | 0.00% | ¥5,177/m² |
| 34 | Kikai Town Kagoshima |
¥20.0 billion | $127.22M | ¥12.4 billion | ¥7.6 billion | 0.00% | ¥5,646/m² |
| 35 | Minamiosumi Town Kagoshima |
¥19.5 billion | $124.31M | ¥9.8 billion | ¥9.7 billion | 0.00% | ¥5,792/m² |
| 36 | China Town Kagoshima |
¥18.6 billion | $118.00M | ¥9.9 billion | ¥8.7 billion | 0.00% | ¥6,590/m² |
| 37 | Amagi Town Kagoshima |
¥17.9 billion | $113.57M | ¥11.9 billion | ¥6.0 billion | 0.00% | ¥6,286/m² |
| 38 | Yoron Town Kagoshima |
¥11.2 billion | $71.23M | ¥4.5 billion | ¥6.7 billion | 0.00% | ¥6,900/m² |
| 39 | Isen Town Kagoshima |
¥11.1 billion | $70.82M | ¥7.2 billion | ¥4.0 billion | 0.00% | ¥3,920/m² |
| 40 | Uken Village Kagoshima |
¥4.0 billion | $25.13M | ¥2.2 billion | ¥1.7 billion | — | ¥4,045/m² |
| 41 | Yamato Village Kagoshima |
¥2.7 billion | $17.01M | ¥1.3 billion | ¥1.4 billion | — | ¥3,445/m² |
| 42 | Toshima Village Kagoshima |
¥647.3M | $4.12M | ¥194.7M | ¥452.6M | — | ¥1,490/m² |
| 43 | Mishima Village Kagoshima |
¥176.5M | $1.12M | ¥68.5M | ¥108.0M | — | ¥1,890/m² |
43 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.