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 | Nara City Nara |
¥3.4 trillion | $21.5B | ¥2.7 trillion | ¥722.2 billion | 0.24% | ¥104K/m² |
| 2 | Ikoma City Nara |
¥1.1 trillion | $6.9B | ¥872.9 billion | ¥205.4 billion | 0.08% | ¥98K/m² |
| 3 | Kashihara City Nara |
¥961.8 billion | $6.1B | ¥736.1 billion | ¥225.7 billion | 0.07% | ¥92K/m² |
| 4 | Yamatokoriyama City Nara |
¥724.1 billion | $4.6B | ¥560.9 billion | ¥163.2 billion | 0.05% | ¥72K/m² |
| 5 | Kashiba City Nara |
¥660.2 billion | $4.2B | ¥530.6 billion | ¥129.5 billion | 0.05% | ¥82K/m² |
| 6 | Tenri City Nara |
¥444.5 billion | $2.8B | ¥331.1 billion | ¥113.4 billion | 0.03% | ¥55K/m² |
| 7 | Yamatotakada City Nara |
¥388.5 billion | $2.5B | ¥291.4 billion | ¥97.1 billion | 0.03% | ¥68K/m² |
| 8 | Sakurai City Nara |
¥347.6 billion | $2.2B | ¥257.0 billion | ¥90.5 billion | 0.03% | ¥50K/m² |
| 9 | Koryo Town Nara |
¥305.9 billion | $1.9B | ¥246.0 billion | ¥59.9 billion | 0.02% | ¥61K/m² |
| 10 | Tawaramoto Town Nara |
¥260.3 billion | $1.7B | ¥203.1 billion | ¥57.2 billion | 0.02% | ¥69K/m² |
| 11 | Katsuragi City Nara |
¥252.5 billion | $1.6B | ¥180.3 billion | ¥72.2 billion | 0.02% | ¥55K/m² |
| 12 | Ikaruga Town Nara |
¥217.1 billion | $1.4B | ¥174.5 billion | ¥42.6 billion | 0.02% | ¥76K/m² |
| 13 | Oji Town Nara |
¥166.8 billion | $1.1B | ¥119.0 billion | ¥47.7 billion | 0.01% | ¥72K/m² |
| 14 | Gose City Nara |
¥145.6 billion | $926.10M | ¥102.7 billion | ¥43.0 billion | 0.01% | ¥35K/m² |
| 15 | Gojo City Nara |
¥145.6 billion | $926.03M | ¥99.5 billion | ¥46.1 billion | 0.01% | ¥18K/m² |
| 16 | Kanmaki Town Nara |
¥130.6 billion | $830.23M | ¥100.1 billion | ¥30.5 billion | 0.01% | ¥47K/m² |
| 17 | Kawai Town Nara |
¥130.2 billion | $828.13M | ¥103.2 billion | ¥27.1 billion | 0.01% | ¥57K/m² |
| 18 | Sango Town Nara |
¥120.4 billion | $765.67M | ¥87.7 billion | ¥32.7 billion | 0.01% | ¥41K/m² |
| 19 | Heguri Town Nara |
¥118.8 billion | $755.78M | ¥91.0 billion | ¥27.9 billion | 0.01% | ¥37K/m² |
| 20 | Uda City Nara |
¥114.7 billion | $729.10M | ¥78.4 billion | ¥36.2 billion | 0.01% | ¥22K/m² |
| 21 | Oyodo Town Nara |
¥82.5 billion | $524.51M | ¥58.3 billion | ¥24.1 billion | 0.01% | ¥21K/m² |
| 22 | Kawanishi Town Nara |
¥72.4 billion | $460.22M | ¥54.6 billion | ¥17.7 billion | 0.01% | ¥50K/m² |
| 23 | Ando Town Nara |
¥58.5 billion | $371.78M | ¥35.7 billion | ¥22.8 billion | 0.00% | ¥42K/m² |
| 24 | Miyake Town Nara |
¥37.6 billion | $239.35M | ¥27.6 billion | ¥10.0 billion | 0.00% | ¥41K/m² |
| 25 | Takatori Town Nara |
¥34.3 billion | $218.33M | ¥24.4 billion | ¥9.9 billion | 0.00% | ¥24K/m² |
| 26 | Asuka Village Nara |
¥30.0 billion | $191.06M | ¥23.2 billion | ¥6.8 billion | 0.00% | ¥44K/m² |
| 27 | Yoshino Town Nara |
¥28.1 billion | $178.64M | ¥19.1 billion | ¥9.0 billion | 0.00% | ¥14K/m² |
| 28 | Shimoichi Town Nara |
¥19.5 billion | $124.22M | ¥13.7 billion | ¥5.9 billion | 0.00% | ¥16K/m² |
| 29 | Yamazoe Village Nara |
¥16.1 billion | $102.40M | ¥10.0 billion | ¥6.2 billion | 0.00% | ¥7,533/m² |
| 30 | Higashiyoshino Village Nara |
¥7.0 billion | $44.42M | ¥5.2 billion | ¥1.8 billion | 0.00% | ¥7,840/m² |
| 31 | Totsukawa Village Nara |
¥6.9 billion | $43.63M | ¥4.1 billion | ¥2.8 billion | — | ¥7,730/m² |
| 32 | Tenkawa Village Nara |
¥5.3 billion | $34.02M | ¥3.7 billion | ¥1.7 billion | — | ¥8,073/m² |
| 33 | Mitsue Village Nara |
¥5.2 billion | $32.90M | ¥3.3 billion | ¥1.9 billion | — | ¥4,430/m² |
| 34 | Kawakami Village Nara |
¥4.7 billion | $29.81M | ¥3.5 billion | ¥1.2 billion | — | ¥7,677/m² |
| 35 | Soni Village Nara |
¥4.4 billion | $27.76M | ¥2.5 billion | ¥1.9 billion | — | ¥6,210/m² |
| 36 | Shimokitayama Village Nara |
¥3.1 billion | $19.55M | ¥2.1 billion | ¥981.4M | — | ¥3,473/m² |
| 37 | Kurotaki Village Nara |
¥2.3 billion | $14.33M | ¥1.6 billion | ¥619.8M | — | ¥5,507/m² |
| 38 | Kamikitayama Village Nara |
¥1.6 billion | $9.95M | ¥1.2 billion | ¥333.7M | — | ¥4,700/m² |
| 39 | Nosegawa Village Nara |
¥814.8M | $5.18M | ¥518.8M | ¥296.0M | — | ¥2,883/m² |
39 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.