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 | Shizuoka City Shizuoka |
¥7.9 trillion | $50.0B | ¥6.1 trillion | ¥1.7 trillion | 0.57% | ¥119K/m² |
| 2 | Hamamatsu City Shizuoka |
¥7.2 trillion | $45.4B | ¥5.2 trillion | ¥2.0 trillion | 0.52% | ¥69K/m² |
| 3 | Fuji City Shizuoka |
¥2.6 trillion | $16.3B | ¥1.9 trillion | ¥652.5 billion | 0.18% | ¥60K/m² |
| 4 | Numazu City Shizuoka |
¥2.1 trillion | $13.5B | ¥1.6 trillion | ¥524.1 billion | 0.15% | ¥78K/m² |
| 5 | Iwata City Shizuoka |
¥1.5 trillion | $9.2B | ¥1.0 trillion | ¥436.6 billion | 0.10% | ¥49K/m² |
| 6 | Fujieda City Shizuoka |
¥1.3 trillion | $8.3B | ¥989.5 billion | ¥325.8 billion | 0.10% | ¥61K/m² |
| 7 | Mishima City Shizuoka |
¥1.2 trillion | $7.7B | ¥984.1 billion | ¥234.8 billion | 0.09% | ¥106K/m² |
| 8 | Yaizu City Shizuoka |
¥1.1 trillion | $7.1B | ¥781.8 billion | ¥335.3 billion | 0.08% | ¥47K/m² |
| 9 | Fujinomiya City Shizuoka |
¥1.1 trillion | $6.7B | ¥719.1 billion | ¥334.3 billion | 0.08% | ¥37K/m² |
| 10 | Kakegawa City Shizuoka |
¥956.2 billion | $6.1B | ¥624.0 billion | ¥332.2 billion | 0.07% | ¥44K/m² |
| 11 | Gotenba City Shizuoka |
¥927.0 billion | $5.9B | ¥684.9 billion | ¥242.2 billion | 0.07% | ¥66K/m² |
| 12 | Fukuroi City Shizuoka |
¥804.3 billion | $5.1B | ¥559.6 billion | ¥244.7 billion | 0.06% | ¥42K/m² |
| 13 | Shimada City Shizuoka |
¥781.3 billion | $4.9B | ¥566.9 billion | ¥214.4 billion | 0.06% | ¥49K/m² |
| 14 | Nagaizumi Town Shizuoka |
¥655.0 billion | $4.1B | ¥517.1 billion | ¥137.9 billion | 0.05% | ¥121K/m² |
| 15 | Ito City Shizuoka |
¥607.6 billion | $3.8B | ¥399.9 billion | ¥207.7 billion | 0.04% | ¥45K/m² |
| 16 | Susono City Shizuoka |
¥602.4 billion | $3.8B | ¥458.6 billion | ¥143.9 billion | 0.04% | ¥71K/m² |
| 17 | Kosai City Shizuoka |
¥499.3 billion | $3.2B | ¥335.9 billion | ¥163.3 billion | 0.04% | ¥53K/m² |
| 18 | Izunokuni City Shizuoka |
¥458.8 billion | $2.9B | ¥350.0 billion | ¥108.8 billion | 0.03% | ¥62K/m² |
| 19 | Atami City Shizuoka |
¥453.5 billion | $2.9B | ¥236.0 billion | ¥217.5 billion | 0.03% | ¥56K/m² |
| 20 | Shimizu Town Shizuoka |
¥420.9 billion | $2.7B | ¥339.8 billion | ¥81.1 billion | 0.03% | ¥113K/m² |
| 21 | Kikugawa City Shizuoka |
¥361.7 billion | $2.3B | ¥249.1 billion | ¥112.6 billion | 0.03% | ¥34K/m² |
| 22 | Kannami Town Shizuoka |
¥346.0 billion | $2.2B | ¥271.0 billion | ¥74.9 billion | 0.03% | ¥71K/m² |
| 23 | Makinohara City Shizuoka |
¥340.1 billion | $2.2B | ¥228.1 billion | ¥112.0 billion | 0.02% | ¥25K/m² |
| 24 | Yoshida Town Shizuoka |
¥261.3 billion | $1.7B | ¥171.1 billion | ¥90.2 billion | 0.02% | ¥34K/m² |
| 25 | Omaezaki City Shizuoka |
¥252.9 billion | $1.6B | ¥121.1 billion | ¥131.7 billion | 0.02% | ¥18K/m² |
| 26 | Izu City Shizuoka |
¥248.2 billion | $1.6B | ¥170.9 billion | ¥77.4 billion | 0.02% | ¥35K/m² |
| 27 | Oyama Town Shizuoka |
¥239.4 billion | $1.5B | ¥162.6 billion | ¥76.8 billion | 0.02% | ¥34K/m² |
| 28 | Shimoda City Shizuoka |
¥152.8 billion | $967.70M | ¥107.9 billion | ¥44.9 billion | 0.01% | ¥50K/m² |
| 29 | Mori Town Shizuoka |
¥121.4 billion | $768.91M | ¥82.9 billion | ¥38.5 billion | 0.01% | ¥28K/m² |
| 30 | Higashiizu Town Shizuoka |
¥102.8 billion | $650.79M | ¥50.3 billion | ¥52.4 billion | 0.01% | ¥30K/m² |
| 31 | Nishiizu Town Shizuoka |
¥48.1 billion | $304.81M | ¥31.6 billion | ¥16.5 billion | 0.00% | ¥22K/m² |
| 32 | Minamiizu Town Shizuoka |
¥47.1 billion | $298.16M | ¥30.4 billion | ¥16.7 billion | 0.00% | ¥18K/m² |
| 33 | Kawazu Town Shizuoka |
¥45.8 billion | $290.08M | ¥28.8 billion | ¥17.0 billion | 0.00% | ¥26K/m² |
| 34 | Matsuzaki Town Shizuoka |
¥32.8 billion | $207.44M | ¥21.8 billion | ¥10.9 billion | 0.00% | ¥18K/m² |
| 35 | Kawanehon Town Shizuoka |
¥23.5 billion | $148.93M | ¥12.8 billion | ¥10.7 billion | 0.00% | ¥8,788/m² |
35 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.