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 | Nagasaki City Nagasaki |
¥2.8 trillion | $17.7B | ¥1.9 trillion | ¥908.3 billion | 0.20% | ¥62K/m² |
| 2 | Sasebo City Nagasaki |
¥1.4 trillion | $8.6B | ¥854.4 billion | ¥501.4 billion | 0.10% | ¥34K/m² |
| 3 | Isahaya City Nagasaki |
¥860.8 billion | $5.5B | ¥531.7 billion | ¥329.0 billion | 0.06% | ¥33K/m² |
| 4 | Omura City Nagasaki |
¥603.1 billion | $3.8B | ¥394.5 billion | ¥208.6 billion | 0.04% | ¥38K/m² |
| 5 | Nagayo Town Nagasaki |
¥252.5 billion | $1.6B | ¥183.8 billion | ¥68.7 billion | 0.02% | ¥56K/m² |
| 6 | Shimabara City Nagasaki |
¥237.5 billion | $1.5B | ¥152.3 billion | ¥85.1 billion | 0.02% | ¥20K/m² |
| 7 | Togitsu Town Nagasaki |
¥223.4 billion | $1.4B | ¥154.8 billion | ¥68.6 billion | 0.02% | ¥60K/m² |
| 8 | Unzen City Nagasaki |
¥193.9 billion | $1.2B | ¥111.5 billion | ¥82.4 billion | 0.01% | ¥13K/m² |
| 9 | Minamishimabara City Nagasaki |
¥174.3 billion | $1.1B | ¥101.2 billion | ¥73.1 billion | 0.01% | ¥12K/m² |
| 10 | Goto City Nagasaki |
¥132.5 billion | $839.25M | ¥74.1 billion | ¥58.4 billion | 0.01% | ¥8,460/m² |
| 11 | Saikai City Nagasaki |
¥113.6 billion | $719.38M | ¥58.9 billion | ¥54.7 billion | 0.01% | ¥8,331/m² |
| 12 | Hirado City Nagasaki |
¥111.0 billion | $703.22M | ¥59.7 billion | ¥51.4 billion | 0.01% | ¥11K/m² |
| 13 | Matsuura City Nagasaki |
¥104.7 billion | $663.26M | ¥48.4 billion | ¥56.3 billion | 0.01% | ¥9,275/m² |
| 14 | Tsushima City Nagasaki |
¥96.4 billion | $610.53M | ¥53.3 billion | ¥43.1 billion | 0.01% | ¥13K/m² |
| 15 | Iki City Nagasaki |
¥81.5 billion | $515.88M | ¥38.4 billion | ¥43.0 billion | 0.01% | ¥9,121/m² |
| 16 | Saza Town Nagasaki |
¥77.9 billion | $493.13M | ¥49.7 billion | ¥28.1 billion | 0.01% | ¥23K/m² |
| 17 | Hasami Town Nagasaki |
¥65.4 billion | $414.24M | ¥39.3 billion | ¥26.1 billion | 0.01% | ¥16K/m² |
| 18 | Kawatana Town Nagasaki |
¥60.9 billion | $385.87M | ¥39.2 billion | ¥21.8 billion | 0.00% | ¥19K/m² |
| 19 | Shinkamigoto Town Nagasaki |
¥52.3 billion | $331.50M | ¥28.6 billion | ¥23.8 billion | 0.00% | ¥8,813/m² |
| 20 | Higashisonogi Town Nagasaki |
¥30.6 billion | $194.08M | ¥16.1 billion | ¥14.6 billion | 0.00% | ¥12K/m² |
| 21 | Ojika Town Nagasaki |
¥5.2 billion | $32.82M | ¥3.4 billion | ¥1.8 billion | — | ¥5,170/m² |
21 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.