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
1001	Inawashiro Town Fukushima	¥88.3 billion	$558.95M	¥49.8 billion	¥38.5 billion	0.01%	¥14K/m²
1002	Kagamiishi Town Fukushima	¥88.0 billion	$557.18M	¥55.2 billion	¥32.8 billion	0.01%	¥21K/m²
1003	Kusatsu Town Gunma	¥87.9 billion	$556.40M	¥45.5 billion	¥42.3 billion	0.01%	¥20K/m²
1004	Satsuma Town Kagoshima	¥87.8 billion	$555.90M	¥48.0 billion	¥39.7 billion	0.01%	¥6,308/m²
1005	Ohira Village Miyagi	¥86.5 billion	$547.65M	¥48.4 billion	¥38.1 billion	0.01%	¥21K/m²
1006	Misaki Town Osaka	¥85.8 billion	$543.32M	¥58.4 billion	¥27.4 billion	0.01%	¥20K/m²
1007	Kotoura Town Tottori	¥85.6 billion	$542.34M	¥54.1 billion	¥31.5 billion	0.01%	¥13K/m²
1008	Miyako Town Fukuoka	¥85.3 billion	$539.91M	¥57.0 billion	¥28.3 billion	0.01%	¥9,656/m²
1009	Tako Town Chiba	¥85.1 billion	$538.83M	¥52.2 billion	¥32.9 billion	0.01%	¥10K/m²
1010	Kanra Town Gunma	¥85.1 billion	$538.82M	¥55.7 billion	¥29.4 billion	0.01%	¥17K/m²
1011	Akune City Kagoshima	¥85.1 billion	$538.80M	¥48.5 billion	¥36.6 billion	0.01%	¥9,237/m²
1012	Shoo Town Okayama	¥84.9 billion	$537.79M	¥49.1 billion	¥35.8 billion	0.01%	¥21K/m²
1013	Ujitawara Town Kyoto	¥84.9 billion	$537.48M	¥60.8 billion	¥24.1 billion	0.01%	¥31K/m²
1014	Kurate Town Fukuoka	¥84.8 billion	$537.18M	¥55.5 billion	¥29.3 billion	0.01%	¥17K/m²
1015	Ogose Town Saitama	¥84.6 billion	$535.94M	¥64.5 billion	¥20.1 billion	0.01%	¥28K/m²
1016	Miho Village Ibaraki	¥84.3 billion	$534.15M	¥43.0 billion	¥41.4 billion	0.01%	¥9,600/m²
1017	Ichikawamisato Town Yamanashi	¥84.3 billion	$533.64M	¥58.6 billion	¥25.7 billion	0.01%	¥19K/m²
1018	Yamakita Town Kanagawa	¥83.7 billion	$529.85M	¥62.7 billion	¥20.9 billion	0.01%	¥38K/m²
1019	Chosei Village Chiba	¥83.5 billion	$529.07M	¥53.3 billion	¥30.2 billion	0.01%	¥12K/m²
1020	Yamanouchi Town Nagano	¥83.2 billion	$527.09M	¥35.5 billion	¥47.8 billion	0.01%	¥18K/m²
1021	Echizen Town Fukui	¥83.1 billion	$526.43M	¥44.7 billion	¥38.4 billion	0.01%	¥16K/m²
1022	Shinhidaka Town Hokkaido	¥82.5 billion	$522.79M	¥46.3 billion	¥36.3 billion	0.01%	¥12K/m²
1023	Oyodo Town Nara	¥82.5 billion	$522.35M	¥58.3 billion	¥24.1 billion	0.01%	¥21K/m²
1024	Shizukuishi Town Iwate	¥81.9 billion	$518.75M	¥45.5 billion	¥36.4 billion	0.01%	¥13K/m²
1025	Miharu Town Fukushima	¥81.8 billion	$518.17M	¥50.8 billion	¥31.1 billion	0.01%	¥17K/m²
1026	Iki City Nagasaki	¥81.5 billion	$515.88M	¥38.4 billion	¥43.0 billion	0.01%	¥9,121/m²
1027	Matsushima Town Miyagi	¥81.3 billion	$514.77M	¥51.1 billion	¥30.2 billion	0.01%	¥21K/m²
1028	Ichikai Town Tochigi	¥81.3 billion	$514.61M	¥45.5 billion	¥35.8 billion	0.01%	¥14K/m²
1029	Shirosato Town Ibaraki	¥80.8 billion	$511.62M	¥47.6 billion	¥33.2 billion	0.01%	¥9,288/m²
1030	Yakage Town Okayama	¥80.4 billion	$509.09M	¥51.8 billion	¥28.5 billion	0.01%	¥15K/m²
1031	Nemuro City Hokkaido	¥80.3 billion	$508.73M	¥38.0 billion	¥42.4 billion	0.01%	¥11K/m²
1032	Taka Town Hyogo	¥80.3 billion	$508.71M	¥44.3 billion	¥36.0 billion	0.01%	¥8,721/m²
1033	Shinchi Town Fukushima	¥79.7 billion	$505.00M	¥50.0 billion	¥29.7 billion	0.01%	¥15K/m²
1034	Aizubange Town Fukushima	¥79.6 billion	$504.12M	¥53.8 billion	¥25.8 billion	0.01%	¥17K/m²
1035	Wakasa Town Fukui	¥79.3 billion	$502.41M	¥45.4 billion	¥34.0 billion	0.01%	¥13K/m²
1036	Aizumisato Town Fukushima	¥79.2 billion	$501.65M	¥52.0 billion	¥27.2 billion	0.01%	¥12K/m²
1037	Tabuse Town Yamaguchi	¥78.6 billion	$497.55M	¥53.2 billion	¥25.4 billion	0.01%	¥18K/m²
1038	Wajima City Ishikawa	¥78.4 billion	$496.67M	¥47.2 billion	¥31.2 billion	0.01%	¥16K/m²
1039	Kamikawa Town Saitama	¥78.2 billion	$495.47M	¥49.4 billion	¥28.8 billion	0.01%	¥12K/m²
1040	Shonai Town Yamagata	¥78.1 billion	$494.86M	¥47.0 billion	¥31.1 billion	0.01%	¥11K/m²
1041	Saza Town Nagasaki	¥77.9 billion	$493.13M	¥49.7 billion	¥28.1 billion	0.01%	¥23K/m²
1042	Waki Town Yamaguchi	¥77.5 billion	$490.73M	¥65.6 billion	¥11.9 billion	0.01%	¥68K/m²
1043	Wakuya Town Miyagi	¥77.5 billion	$490.72M	¥50.5 billion	¥27.0 billion	0.01%	¥13K/m²
1044	Nakanojo Town Gunma	¥77.4 billion	$490.43M	¥50.5 billion	¥26.9 billion	0.01%	¥18K/m²
1045	Zao Town Miyagi	¥77.2 billion	$488.96M	¥43.2 billion	¥34.0 billion	0.01%	¥9,490/m²
1046	Shinto Village Gunma	¥77.2 billion	$488.74M	¥52.7 billion	¥24.4 billion	0.01%	¥22K/m²
1047	Shiraoi Town Hokkaido	¥77.0 billion	$487.56M	¥37.8 billion	¥39.2 billion	0.01%	¥5,008/m²
1048	Fujikawa Town Yamanashi	¥77.0 billion	$487.54M	¥55.3 billion	¥21.7 billion	0.01%	¥20K/m²
1049	Ainan Town Ehime	¥77.0 billion	$487.46M	¥44.6 billion	¥32.3 billion	0.01%	¥14K/m²
1050	Taga Town Shiga	¥76.9 billion	$487.00M	¥41.0 billion	¥35.9 billion	0.01%	¥17K/m²
1051	Oi Town Fukui	¥76.6 billion	$485.22M	¥21.0 billion	¥55.6 billion	0.01%	¥11K/m²
1052	Itano Town Tokushima	¥76.5 billion	$484.71M	¥45.8 billion	¥30.8 billion	0.01%	¥16K/m²
1053	Taishi Town Osaka	¥76.5 billion	$484.22M	¥57.2 billion	¥19.3 billion	0.01%	¥48K/m²
1054	Tsukumi City Oita	¥76.4 billion	$483.69M	¥47.3 billion	¥29.1 billion	0.01%	¥21K/m²
1055	Bihoro Town Hokkaido	¥75.9 billion	$480.56M	¥40.9 billion	¥35.0 billion	0.01%	¥12K/m²
1056	Satosho Town Okayama	¥75.9 billion	$480.48M	¥52.9 billion	¥23.0 billion	0.01%	¥29K/m²
1057	Minabe Town Wakayama	¥75.8 billion	$480.04M	¥50.2 billion	¥25.6 billion	0.01%	¥25K/m²
1058	Owase City Mie	¥75.7 billion	$479.68M	¥52.3 billion	¥23.4 billion	0.01%	¥20K/m²
1059	Oki Town Fukuoka	¥75.7 billion	$479.14M	¥50.4 billion	¥25.2 billion	0.01%	¥20K/m²
1060	Uchiko Town Ehime	¥75.5 billion	$478.22M	¥48.3 billion	¥27.2 billion	0.01%	¥21K/m²
1061	Kori Town Fukushima	¥75.2 billion	$476.11M	¥50.2 billion	¥25.0 billion	0.01%	¥21K/m²
1062	Monbetsu City Hokkaido	¥74.8 billion	$473.78M	¥30.8 billion	¥44.0 billion	0.01%	¥6,625/m²
1063	Kadogawa Town Miyazaki	¥74.7 billion	$473.12M	¥50.5 billion	¥24.2 billion	0.01%	¥16K/m²
1064	Nakagawa Town Tochigi	¥74.6 billion	$472.41M	¥45.8 billion	¥28.8 billion	0.01%	¥10K/m²
1065	Kisosaki Town Mie	¥74.1 billion	$469.59M	¥40.9 billion	¥33.2 billion	0.01%	¥27K/m²
1066	Kanan Town Osaka	¥73.7 billion	$466.69M	¥51.3 billion	¥22.3 billion	0.01%	¥31K/m²
1067	Tomioka Town Fukushima	¥73.0 billion	$462.46M	¥39.9 billion	¥33.1 billion	0.01%	¥14K/m²
1068	Kin Town Okinawa	¥72.9 billion	$462.00M	¥43.6 billion	¥29.3 billion	0.01%	¥31K/m²
1069	Suooshima Town Yamaguchi	¥72.9 billion	$461.68M	¥48.4 billion	¥24.5 billion	0.01%	¥12K/m²
1070	Ishikawa Town Fukushima	¥72.8 billion	$461.17M	¥45.8 billion	¥27.0 billion	0.01%	¥17K/m²
1071	Tobetsu Town Hokkaido	¥72.8 billion	$460.85M	¥31.6 billion	¥41.1 billion	0.01%	¥7,620/m²
1072	Kawanishi Town Nara	¥72.4 billion	$458.32M	¥54.6 billion	¥17.7 billion	0.01%	¥50K/m²
1073	Wake Town Okayama	¥72.3 billion	$457.88M	¥47.8 billion	¥24.5 billion	0.01%	¥10K/m²
1074	Kushima City Miyazaki	¥72.1 billion	$456.38M	¥41.9 billion	¥30.2 billion	0.01%	¥11K/m²
1075	Takamori Town Nagano	¥71.8 billion	$454.77M	¥44.0 billion	¥27.8 billion	0.01%	¥15K/m²
1076	Tonosho Town Kagawa	¥71.2 billion	$451.21M	¥46.1 billion	¥25.2 billion	0.01%	¥23K/m²
1077	Sera Town Hiroshima	¥70.3 billion	$445.29M	¥37.7 billion	¥32.6 billion	0.01%	¥7,820/m²
1078	Hirao Town Yamaguchi	¥70.2 billion	$444.29M	¥49.3 billion	¥20.9 billion	0.01%	¥18K/m²
1079	Obuse Town Nagano	¥69.7 billion	$441.33M	¥49.2 billion	¥20.5 billion	0.01%	¥35K/m²
1080	Kami Town Hyogo	¥69.7 billion	$441.16M	¥42.6 billion	¥27.1 billion	0.01%	¥15K/m²
1081	Shirako Town Chiba	¥69.4 billion	$439.54M	¥46.9 billion	¥22.5 billion	0.01%	¥10K/m²
1082	Tanagura Town Fukushima	¥69.3 billion	$438.69M	¥40.2 billion	¥29.0 billion	0.01%	¥13K/m²
1083	Kamimine Town Saga	¥69.0 billion	$436.95M	¥44.4 billion	¥24.6 billion	0.01%	¥21K/m²
1084	Shibetsu City Hokkaido	¥69.0 billion	$436.90M	¥35.3 billion	¥33.7 billion	0.01%	¥7,308/m²
1085	Yurihama Town Tottori	¥68.8 billion	$435.41M	¥40.4 billion	¥28.4 billion	0.01%	¥15K/m²
1086	Chikujo Town Fukuoka	¥68.5 billion	$433.65M	¥44.9 billion	¥23.5 billion	0.01%	¥12K/m²
1087	Tsumagoi Village Gunma	¥68.4 billion	$432.91M	¥29.3 billion	¥39.0 billion	0.01%	¥8,833/m²
1088	Yamanobe Town Yamagata	¥68.3 billion	$432.74M	¥48.7 billion	¥19.7 billion	0.01%	¥22K/m²
1089	Kumano City Mie	¥68.2 billion	$431.62M	¥43.1 billion	¥25.0 billion	0.01%	¥23K/m²
1090	Shodoshima Town Kagawa	¥67.8 billion	$429.41M	¥41.4 billion	¥26.4 billion	0.01%	¥15K/m²
1091	Nachikatsuura Town Wakayama	¥67.7 billion	$428.63M	¥41.4 billion	¥26.2 billion	0.01%	¥22K/m²
1092	Hokuei Town Tottori	¥67.6 billion	$428.13M	¥40.9 billion	¥26.7 billion	0.01%	¥12K/m²
1093	Daisen Town Tottori	¥67.5 billion	$427.38M	¥38.1 billion	¥29.4 billion	0.01%	¥6,543/m²
1094	Taketa City Oita	¥67.3 billion	$425.95M	¥35.7 billion	¥31.6 billion	0.01%	¥11K/m²
1095	Higashiagatsuma Town Gunma	¥67.1 billion	$425.08M	¥40.7 billion	¥26.5 billion	0.01%	¥14K/m²
1096	Kushimoto Town Wakayama	¥66.9 billion	$423.53M	¥44.2 billion	¥22.6 billion	0.01%	¥26K/m²
1097	Obanazawa City Yamagata	¥66.5 billion	$421.23M	¥37.8 billion	¥28.7 billion	0.01%	¥12K/m²
1098	Shimanto Town Kochi	¥66.4 billion	$420.43M	¥39.1 billion	¥27.3 billion	0.01%	¥15K/m²
1099	Nakanoto Town Ishikawa	¥66.4 billion	$420.32M	¥36.3 billion	¥30.1 billion	0.01%	¥7,980/m²
1100	Naraha Town Fukushima	¥66.3 billion	$420.07M	¥26.2 billion	¥40.1 billion	0.01%	¥13K/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.