Cities with the largest total real estate value

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
901	Onga Town Fukuoka	¥122.9 billion	$778.20M	¥85.3 billion	¥37.5 billion	0.01%	¥30K/m²
902	Mashiko Town Tochigi	¥122.4 billion	$775.27M	¥81.6 billion	¥40.9 billion	0.01%	¥17K/m²
903	Mori Town Shizuoka	¥121.4 billion	$768.91M	¥82.9 billion	¥38.5 billion	0.01%	¥28K/m²
904	Mimata Town Miyazaki	¥120.6 billion	$763.64M	¥74.9 billion	¥45.7 billion	0.01%	¥16K/m²
905	Sango Town Nara	¥120.4 billion	$762.52M	¥87.7 billion	¥32.7 billion	0.01%	¥41K/m²
906	Shika Town Ishikawa	¥120.3 billion	$761.96M	¥44.8 billion	¥75.5 billion	0.01%	¥6,469/m²
907	Kami Town Miyagi	¥119.2 billion	$754.87M	¥77.5 billion	¥41.7 billion	0.01%	¥10K/m²
908	Kuroishi City Aomori	¥119.2 billion	$754.86M	¥69.7 billion	¥49.5 billion	0.01%	¥11K/m²
909	Kamo City Niigata	¥118.9 billion	$753.16M	¥73.4 billion	¥45.5 billion	0.01%	¥22K/m²
910	Heguri Town Nara	¥118.8 billion	$752.67M	¥91.0 billion	¥27.9 billion	0.01%	¥37K/m²
911	Katagami City Akita	¥118.8 billion	$752.49M	¥66.6 billion	¥52.2 billion	0.01%	¥11K/m²
912	Yamanakako Village Yamanashi	¥118.4 billion	$749.74M	¥44.8 billion	¥73.6 billion	0.01%	¥16K/m²
913	Shichigahama Town Miyagi	¥117.5 billion	$744.21M	¥89.6 billion	¥27.9 billion	0.01%	¥37K/m²
914	Kashima Town Kumamoto	¥117.1 billion	$741.81M	¥73.8 billion	¥43.4 billion	0.01%	¥43K/m²
915	Yabuki Town Fukushima	¥116.7 billion	$738.90M	¥72.3 billion	¥44.4 billion	0.01%	¥19K/m²
916	Nakashibetsu Town Hokkaido	¥116.5 billion	$737.77M	¥59.5 billion	¥57.0 billion	0.01%	¥15K/m²
917	Wakkanai City Hokkaido	¥116.5 billion	$737.58M	¥50.2 billion	¥66.3 billion	0.01%	¥10K/m²
918	Gotsu City Shimane	¥116.1 billion	$735.26M	¥73.6 billion	¥42.5 billion	0.01%	¥16K/m²
919	Kitaakita City Akita	¥116.0 billion	$734.53M	¥62.4 billion	¥53.5 billion	0.01%	¥6,449/m²
920	Oirase Town Aomori	¥115.2 billion	$729.64M	¥65.3 billion	¥49.9 billion	0.01%	¥13K/m²
921	Takanabe Town Miyazaki	¥115.0 billion	$728.32M	¥68.0 billion	¥47.0 billion	0.01%	¥19K/m²
922	Uda City Nara	¥114.7 billion	$726.10M	¥78.4 billion	¥36.2 billion	0.01%	¥22K/m²
923	Miyota Town Nagano	¥113.8 billion	$720.83M	¥67.7 billion	¥46.1 billion	0.01%	¥22K/m²
924	Chiyoda Town Gunma	¥113.8 billion	$720.71M	¥69.8 billion	¥44.0 billion	0.01%	¥18K/m²
925	Saikai City Nagasaki	¥113.6 billion	$719.38M	¥58.9 billion	¥54.7 billion	0.01%	¥8,331/m²
926	Meiwa Town Gunma	¥113.5 billion	$719.06M	¥71.5 billion	¥42.0 billion	0.01%	¥24K/m²
927	Kama City Fukuoka	¥112.8 billion	$714.18M	¥66.7 billion	¥46.1 billion	0.01%	¥9,447/m²
928	Hirado City Nagasaki	¥111.0 billion	$703.22M	¥59.7 billion	¥51.4 billion	0.01%	¥11K/m²
929	Toba City Mie	¥110.5 billion	$699.87M	¥50.8 billion	¥59.7 billion	0.01%	¥19K/m²
930	Tono City Iwate	¥109.9 billion	$696.10M	¥66.2 billion	¥43.7 billion	0.01%	¥15K/m²
931	Yoshinogari Town Saga	¥108.9 billion	$689.54M	¥70.2 billion	¥38.7 billion	0.01%	¥20K/m²
932	Asahi Town Mie	¥108.0 billion	$684.12M	¥78.6 billion	¥29.4 billion	0.01%	¥49K/m²
933	Nikaho City Akita	¥107.8 billion	$682.61M	¥58.1 billion	¥49.7 billion	0.01%	¥13K/m²
934	Kunisaki City Oita	¥107.7 billion	$682.07M	¥54.0 billion	¥53.7 billion	0.01%	¥8,431/m²
935	Furano City Hokkaido	¥107.6 billion	$681.38M	¥58.7 billion	¥48.9 billion	0.01%	¥35K/m²
936	Ibigawa Town Gifu	¥107.0 billion	$677.70M	¥71.1 billion	¥35.9 billion	0.01%	¥12K/m²
937	Hakui City Ishikawa	¥106.9 billion	$677.28M	¥61.7 billion	¥45.2 billion	0.01%	¥15K/m²
938	Isa City Kagoshima	¥106.8 billion	$676.59M	¥65.1 billion	¥41.8 billion	0.01%	¥7,861/m²
939	Mitake Town Gifu	¥106.6 billion	$674.99M	¥63.7 billion	¥42.9 billion	0.01%	¥17K/m²
940	Sakae Town Chiba	¥106.4 billion	$673.58M	¥72.6 billion	¥33.8 billion	0.01%	¥29K/m²
941	Katsuura City Chiba	¥105.8 billion	$670.14M	¥62.8 billion	¥43.1 billion	0.01%	¥18K/m²
942	Edajima City Hiroshima	¥105.6 billion	$669.08M	¥65.1 billion	¥40.5 billion	0.01%	¥15K/m²
943	Minamiminowa Village Nagano	¥104.9 billion	$664.41M	¥65.7 billion	¥39.2 billion	0.01%	¥19K/m²
944	Matsuura City Nagasaki	¥104.7 billion	$663.26M	¥48.4 billion	¥56.3 billion	0.01%	¥9,275/m²
945	Taki Town Mie	¥104.6 billion	$662.44M	¥53.1 billion	¥51.5 billion	0.01%	¥14K/m²
946	Murayama City Yamagata	¥104.5 billion	$661.53M	¥63.6 billion	¥40.9 billion	0.01%	¥18K/m²
947	Kamiichi Town Toyama	¥104.2 billion	$660.03M	¥59.9 billion	¥44.4 billion	0.01%	¥18K/m²
948	Hirakawa City Aomori	¥104.2 billion	$659.80M	¥56.1 billion	¥48.1 billion	0.01%	¥9,319/m²
949	Senboku City Akita	¥103.9 billion	$658.15M	¥59.4 billion	¥44.5 billion	0.01%	¥8,919/m²
950	Higashiizu Town Shizuoka	¥102.8 billion	$650.79M	¥50.3 billion	¥52.4 billion	0.01%	¥30K/m²
951	Susaki City Kochi	¥102.0 billion	$645.89M	¥61.6 billion	¥40.4 billion	0.01%	¥28K/m²
952	Sakaki Town Nagano	¥101.9 billion	$645.51M	¥64.2 billion	¥37.7 billion	0.01%	¥22K/m²
953	Shiroishi Town Saga	¥101.8 billion	$644.83M	¥63.4 billion	¥38.5 billion	0.01%	¥11K/m²
954	Hida City Gifu	¥101.4 billion	$641.95M	¥60.4 billion	¥40.9 billion	0.01%	¥20K/m²
955	Mine City Yamaguchi	¥101.1 billion	$640.59M	¥54.5 billion	¥46.7 billion	0.01%	¥6,670/m²
956	Takahata Town Yamagata	¥101.1 billion	$640.14M	¥62.4 billion	¥38.6 billion	0.01%	¥15K/m²
957	Kamigori Town Hyogo	¥100.5 billion	$636.51M	¥62.7 billion	¥37.8 billion	0.01%	¥17K/m²
958	Hatoyama Town Saitama	¥100.4 billion	$636.09M	¥71.1 billion	¥29.4 billion	0.01%	¥29K/m²
959	Katsuyama City Fukui	¥100.4 billion	$635.74M	¥53.2 billion	¥47.2 billion	0.01%	¥13K/m²
960	Wanouchi Town Gifu	¥99.6 billion	$630.95M	¥63.4 billion	¥36.2 billion	0.01%	¥20K/m²
961	Yabu City Hyogo	¥99.6 billion	$630.63M	¥57.0 billion	¥42.6 billion	0.01%	¥18K/m²
962	Fujimi Town Nagano	¥99.5 billion	$630.03M	¥58.5 billion	¥40.9 billion	0.01%	¥16K/m²
963	Takahama Town Fukui	¥99.5 billion	$630.00M	¥52.3 billion	¥47.1 billion	0.01%	¥35K/m²
964	Hakuba Village Nagano	¥99.5 billion	$629.96M	¥57.3 billion	¥42.2 billion	0.01%	¥14K/m²
965	Rikuzentakata City Iwate	¥99.4 billion	$629.57M	¥59.8 billion	¥39.6 billion	0.01%	¥17K/m²
966	Miyoshi City Tokushima	¥99.1 billion	$627.39M	¥63.4 billion	¥35.7 billion	0.01%	¥17K/m²
967	Eiheiji Town Fukui	¥98.7 billion	$625.01M	¥63.7 billion	¥35.0 billion	0.01%	¥27K/m²
968	Tsugaru City Aomori	¥98.2 billion	$621.81M	¥54.9 billion	¥43.3 billion	0.01%	¥6,750/m²
969	Sukumo City Kochi	¥98.0 billion	$620.50M	¥59.8 billion	¥38.1 billion	0.01%	¥18K/m²
970	Kamiamakusa City Kumamoto	¥96.8 billion	$613.01M	¥54.5 billion	¥42.2 billion	0.01%	¥11K/m²
971	Tamaki Town Mie	¥96.7 billion	$612.44M	¥61.5 billion	¥35.2 billion	0.01%	¥18K/m²
972	Tsushima City Nagasaki	¥96.4 billion	$610.53M	¥53.3 billion	¥43.1 billion	0.01%	¥13K/m²
973	Kushiro Town Hokkaido	¥96.2 billion	$609.27M	¥60.5 billion	¥35.7 billion	0.01%	¥18K/m²
974	Mifune Town Kumamoto	¥95.9 billion	$607.46M	¥57.8 billion	¥38.1 billion	0.01%	¥24K/m²
975	Onagawa Town Miyagi	¥95.3 billion	$603.65M	¥17.6 billion	¥77.7 billion	0.01%	¥18K/m²
976	Oga City Akita	¥95.2 billion	$602.79M	¥53.5 billion	¥41.7 billion	0.01%	¥7,309/m²
977	Tachiarai Town Fukuoka	¥95.0 billion	$601.65M	¥61.5 billion	¥33.5 billion	0.01%	¥26K/m²
978	Motobu Town Okinawa	¥94.9 billion	$600.75M	¥49.9 billion	¥45.0 billion	0.01%	¥21K/m²
979	Toyono Town Osaka	¥94.8 billion	$600.57M	¥70.7 billion	¥24.2 billion	0.01%	¥34K/m²
980	Ichinomiya Town Chiba	¥94.7 billion	$599.79M	¥64.2 billion	¥30.5 billion	0.01%	¥26K/m²
981	Manno Town Kagawa	¥94.5 billion	$598.54M	¥53.7 billion	¥40.8 billion	0.01%	¥13K/m²
982	Misato Town Saitama	¥94.3 billion	$597.43M	¥55.9 billion	¥38.4 billion	0.01%	¥14K/m²
983	Tatsuno Town Nagano	¥94.1 billion	$595.81M	¥54.4 billion	¥39.7 billion	0.01%	¥15K/m²
984	Makurazaki City Kagoshima	¥93.9 billion	$594.49M	¥50.2 billion	¥43.6 billion	0.01%	¥15K/m²
985	Aki City Kochi	¥93.6 billion	$592.69M	¥66.5 billion	¥27.1 billion	0.01%	¥26K/m²
986	Kahoku Town Yamagata	¥93.5 billion	$592.26M	¥57.8 billion	¥35.7 billion	0.01%	¥19K/m²
987	Yosano Town Kyoto	¥93.3 billion	$590.58M	¥64.2 billion	¥29.1 billion	0.01%	¥19K/m²
988	Bungotakada City Oita	¥92.6 billion	$586.23M	¥46.7 billion	¥45.8 billion	0.01%	¥8,648/m²
989	Nayoro City Hokkaido	¥92.3 billion	$584.75M	¥44.1 billion	¥48.2 billion	0.01%	¥9,089/m²
990	Iiyama City Nagano	¥91.7 billion	$580.87M	¥48.6 billion	¥43.1 billion	0.01%	¥16K/m²
991	Kunitomi Town Miyazaki	¥91.6 billion	$579.86M	¥56.1 billion	¥35.4 billion	0.01%	¥15K/m²
992	Oshino Village Yamanashi	¥91.3 billion	$578.46M	¥43.1 billion	¥48.3 billion	0.01%	¥24K/m²
993	Minamichita Town Aichi	¥90.4 billion	$572.65M	¥46.2 billion	¥44.2 billion	0.01%	¥16K/m²
994	Nagasu Town Kumamoto	¥90.0 billion	$570.06M	¥53.8 billion	¥36.2 billion	0.01%	¥13K/m²
995	Kamitonda Town Wakayama	¥89.4 billion	$565.93M	¥58.8 billion	¥30.6 billion	0.01%	¥30K/m²
996	Sayo Town Hyogo	¥89.2 billion	$564.91M	¥48.5 billion	¥40.7 billion	0.01%	¥12K/m²
997	Ebino City Miyazaki	¥88.9 billion	$563.09M	¥54.2 billion	¥34.8 billion	0.01%	¥10K/m²
998	Arita Town Saga	¥88.8 billion	$562.24M	¥57.0 billion	¥31.8 billion	0.01%	¥14K/m²
999	Katsuragi Town Wakayama	¥88.6 billion	$561.03M	¥59.5 billion	¥29.1 billion	0.01%	¥20K/m²
1000	Taku City Saga	¥88.4 billion	$560.16M	¥54.4 billion	¥34.0 billion	0.01%	¥12K/m²

1719 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.