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)

RankAreaTotal value≈ USDLandBuildingsShare of JapanAvg. residential
1101Betsukai Town
Hokkaido
¥66.2 billion$419.39M ¥19.0 billion¥47.2 billion 0.01% ¥5,933/m²
1102Kusu Town
Oita
¥66.2 billion$419.38M ¥41.1 billion¥25.1 billion 0.01% ¥20K/m²
1103Daigo Town
Ibaraki
¥65.5 billion$415.09M ¥38.9 billion¥26.6 billion 0.01% ¥9,248/m²
1104Hasami Town
Nagasaki
¥65.4 billion$414.24M ¥39.3 billion¥26.1 billion 0.01% ¥16K/m²
1105Kawaminami Town
Miyazaki
¥65.3 billion$413.69M ¥34.2 billion¥31.1 billion 0.01% ¥11K/m²
1106Ikata Town
Ehime
¥64.7 billion$410.01M ¥24.1 billion¥40.6 billion 0.01% ¥15K/m²
1107Shintomi Town
Miyazaki
¥64.3 billion$407.22M ¥39.5 billion¥24.8 billion 0.01% ¥15K/m²
1108Motegi Town
Tochigi
¥63.2 billion$400.17M ¥36.5 billion¥26.7 billion 0.01% ¥12K/m²
1109Kujukuri Town
Chiba
¥62.6 billion$396.61M ¥37.0 billion¥25.6 billion 0.01% ¥8,571/m²
1110Fukagawa City
Hokkaido
¥62.6 billion$396.19M ¥25.5 billion¥37.1 billion 0.00% ¥5,925/m²
1111Mori Town
Hokkaido
¥62.5 billion$395.82M ¥33.2 billion¥29.3 billion 0.00% ¥7,770/m²
1112Ashikita Town
Kumamoto
¥62.4 billion$395.49M ¥35.8 billion¥26.7 billion 0.00% ¥17K/m²
1113Yazu Town
Tottori
¥62.4 billion$394.93M ¥39.3 billion¥23.0 billion 0.00% ¥16K/m²
1114Minamiaizu Town
Fukushima
¥62.3 billion$394.73M ¥35.2 billion¥27.1 billion 0.00% ¥8,007/m²
1115Tonosho Town
Chiba
¥62.3 billion$394.69M ¥38.9 billion¥23.5 billion 0.00% ¥12K/m²
1116Matsukawa Town
Nagano
¥62.3 billion$394.41M ¥35.7 billion¥26.5 billion 0.00% ¥15K/m²
1117Minamisanriku Town
Miyagi
¥62.2 billion$394.08M ¥31.8 billion¥30.5 billion 0.00% ¥11K/m²
1118Yoichi Town
Hokkaido
¥62.1 billion$393.32M ¥29.0 billion¥33.1 billion 0.00% ¥8,040/m²
1119Engaru Town
Hokkaido
¥61.6 billion$390.40M ¥29.0 billion¥32.6 billion 0.00% ¥8,796/m²
1120Kagamino Town
Okayama
¥61.6 billion$390.36M ¥35.4 billion¥26.2 billion 0.00% ¥6,217/m²
1121Nanbu Town
Aomori
¥61.6 billion$389.95M ¥38.8 billion¥22.7 billion 0.00% ¥9,490/m²
1122Tokigawa Town
Saitama
¥61.5 billion$389.78M ¥42.0 billion¥19.6 billion 0.00% ¥16K/m²
1123Mihama Town
Fukui
¥61.2 billion$387.69M ¥31.2 billion¥30.0 billion 0.00% ¥13K/m²
1124Yamada Town
Iwate
¥61.1 billion$386.75M ¥35.6 billion¥25.5 billion 0.00% ¥20K/m²
1125Kawatana Town
Nagasaki
¥60.9 billion$385.87M ¥39.2 billion¥21.8 billion 0.00% ¥19K/m²
1126Kariwa Village
Niigata
¥60.9 billion$385.72M ¥14.8 billion¥46.1 billion 0.00% ¥13K/m²
1127Genkai Town
Saga
¥60.9 billion$385.54M ¥11.2 billion¥49.7 billion 0.00% ¥6,353/m²
1128Kyotanba Town
Kyoto
¥60.8 billion$384.95M ¥34.9 billion¥25.9 billion 0.00% ¥10K/m²
1129Rumoi City
Hokkaido
¥60.7 billion$384.35M ¥26.5 billion¥34.2 billion 0.00% ¥9,767/m²
1130Fukuchi Town
Fukuoka
¥60.7 billion$384.25M ¥34.7 billion¥25.9 billion 0.00% ¥10K/m²
1131Murata Town
Miyagi
¥60.4 billion$382.70M ¥37.8 billion¥22.6 billion 0.00% ¥10K/m²
1132Tarumizu City
Kagoshima
¥60.0 billion$379.84M ¥33.1 billion¥26.8 billion 0.00% ¥12K/m²
1133Sunagawa City
Hokkaido
¥59.9 billion$379.57M ¥25.8 billion¥34.2 billion 0.00% ¥6,967/m²
1134Misato Town
Akita
¥59.6 billion$377.20M ¥32.6 billion¥27.0 billion 0.00% ¥5,934/m²
1135Shioya Town
Tochigi
¥59.2 billion$375.03M ¥39.6 billion¥19.6 billion 0.00% ¥10K/m²
1136Sakahogi Town
Gifu
¥59.2 billion$374.86M ¥39.0 billion¥20.1 billion 0.00% ¥23K/m²
1137Higashimiyoshi Town
Tokushima
¥58.8 billion$372.33M ¥36.7 billion¥22.1 billion 0.00% ¥18K/m²
1138Kawabe Town
Gifu
¥58.7 billion$371.68M ¥37.4 billion¥21.3 billion 0.00% ¥21K/m²
1139Ando Town
Nara
¥58.5 billion$370.25M ¥35.7 billion¥22.8 billion 0.00% ¥42K/m²
1140Shichinohe Town
Aomori
¥58.3 billion$369.00M ¥33.7 billion¥24.5 billion 0.00% ¥8,543/m²
1141Yakumo Town
Hokkaido
¥58.1 billion$368.04M ¥27.9 billion¥30.2 billion 0.00% ¥12K/m²
1142Kamiita Town
Tokushima
¥58.0 billion$367.52M ¥37.0 billion¥21.0 billion 0.00% ¥13K/m²
1143Hoki Town
Tottori
¥58.0 billion$367.32M ¥33.9 billion¥24.1 billion 0.00% ¥9,620/m²
1144Okuma Town
Fukushima
¥57.9 billion$366.78M ¥18.8 billion¥39.1 billion 0.00% ¥12K/m²
1145Kawakita Town
Ishikawa
¥57.8 billion$366.13M ¥31.5 billion¥26.3 billion 0.00% ¥27K/m²
1146Hirono Town
Iwate
¥57.7 billion$365.73M ¥32.2 billion¥25.5 billion 0.00% ¥8,958/m²
1147Tohoku Town
Aomori
¥57.7 billion$365.69M ¥29.8 billion¥27.9 billion 0.00% ¥5,706/m²
1148Manazuru Town
Kanagawa
¥57.6 billion$365.10M ¥41.5 billion¥16.1 billion 0.00% ¥50K/m²
1149Shin-onsen Town
Hyogo
¥57.6 billion$364.84M ¥33.8 billion¥23.8 billion 0.00% ¥20K/m²
1150Sakawa Town
Kochi
¥57.5 billion$364.15M ¥36.1 billion¥21.4 billion 0.00% ¥23K/m²
1151Keisen Town
Fukuoka
¥57.2 billion$362.01M ¥38.1 billion¥19.1 billion 0.00% ¥17K/m²
1152Asahi Town
Toyama
¥57.1 billion$361.35M ¥35.9 billion¥21.2 billion 0.00% ¥17K/m²
1153Kiso Town
Nagano
¥57.0 billion$360.79M ¥32.7 billion¥24.2 billion 0.00% ¥12K/m²
1154Bibai City
Hokkaido
¥57.0 billion$360.78M ¥24.5 billion¥32.5 billion 0.00% ¥4,380/m²
1155Okinoshima Town
Shimane
¥56.9 billion$360.53M ¥36.8 billion¥20.1 billion 0.00% ¥14K/m²
1156Miyada Village
Nagano
¥56.6 billion$358.17M ¥35.8 billion¥20.8 billion 0.00% ¥17K/m²
1157Hodatsushimizu Town
Ishikawa
¥56.3 billion$356.30M ¥29.2 billion¥27.1 billion 0.00% ¥8,862/m²
1158Yamamoto Town
Miyagi
¥56.0 billion$354.90M ¥33.3 billion¥22.8 billion 0.00% ¥12K/m²
1159Ichikawa Town
Hyogo
¥56.0 billion$354.62M ¥31.9 billion¥24.1 billion 0.00% ¥9,533/m²
1160Ashiya Town
Fukuoka
¥55.9 billion$354.05M ¥37.0 billion¥18.9 billion 0.00% ¥25K/m²
1161Yamagata Village
Nagano
¥55.9 billion$353.80M ¥37.6 billion¥18.3 billion 0.00% ¥22K/m²
1162Kawamata Town
Fukushima
¥55.8 billion$353.20M ¥35.6 billion¥20.1 billion 0.00% ¥14K/m²
1163Minano Town
Saitama
¥55.6 billion$352.18M ¥37.5 billion¥18.2 billion 0.00% ¥22K/m²
1164Tone Town
Ibaraki
¥55.5 billion$351.78M ¥34.3 billion¥21.3 billion 0.00% ¥13K/m²
1165Hirono Town
Fukushima
¥55.3 billion$350.31M ¥29.2 billion¥26.1 billion 0.00% ¥19K/m²
1166Yokoze Town
Saitama
¥55.3 billion$350.29M ¥40.8 billion¥14.6 billion 0.00% ¥32K/m²
1167Kihoku Town
Mie
¥55.2 billion$349.60M ¥36.8 billion¥18.4 billion 0.00% ¥17K/m²
1168Tosashimizu City
Kochi
¥54.8 billion$346.88M ¥31.0 billion¥23.8 billion 0.00% ¥16K/m²
1169Kawanishi Town
Yamagata
¥54.6 billion$345.97M ¥30.3 billion¥24.3 billion 0.00% ¥9,062/m²
1170Otama Village
Fukushima
¥54.6 billion$345.88M ¥34.3 billion¥20.3 billion 0.00% ¥16K/m²
1171Gonohe Town
Aomori
¥54.6 billion$345.59M ¥31.4 billion¥23.2 billion 0.00% ¥8,892/m²
1172Onjuku Town
Chiba
¥54.3 billion$344.05M ¥31.7 billion¥22.6 billion 0.00% ¥16K/m²
1173Nishinoomote City
Kagoshima
¥53.9 billion$341.08M ¥28.9 billion¥24.9 billion 0.00% ¥15K/m²
1174Ogano Town
Saitama
¥53.3 billion$337.74M ¥37.4 billion¥15.9 billion 0.00% ¥16K/m²
1175Matsukawa Village
Nagano
¥53.2 billion$336.61M ¥36.3 billion¥16.8 billion 0.00% ¥17K/m²
1176Nakayama Town
Yamagata
¥53.0 billion$335.58M ¥36.4 billion¥16.6 billion 0.00% ¥19K/m²
1177Ide Town
Kyoto
¥52.9 billion$334.81M ¥38.4 billion¥14.4 billion 0.00% ¥31K/m²
1178Yaotsu Town
Gifu
¥52.8 billion$334.44M ¥31.8 billion¥21.0 billion 0.00% ¥15K/m²
1179Minamiaso Village
Kumamoto
¥52.8 billion$334.29M ¥26.6 billion¥26.2 billion 0.00% ¥6,414/m²
1180Izumizaki Village
Fukushima
¥52.7 billion$333.81M ¥29.5 billion¥23.2 billion 0.00% ¥10K/m²
1181Fujisaki Town
Aomori
¥52.5 billion$332.26M ¥30.0 billion¥22.5 billion 0.00% ¥11K/m²
1182Namie Town
Fukushima
¥52.3 billion$331.51M ¥37.2 billion¥15.1 billion 0.00% ¥16K/m²
1183Shinkamigoto Town
Nagasaki
¥52.3 billion$331.50M ¥28.6 billion¥23.8 billion 0.00% ¥8,813/m²
1184Narusawa Village
Yamanashi
¥52.2 billion$330.38M ¥33.2 billion¥19.0 billion 0.00% ¥10K/m²
1185Chonan Town
Chiba
¥52.1 billion$330.07M ¥33.5 billion¥18.6 billion 0.00% ¥9,917/m²
1186Yuasa Town
Wakayama
¥52.0 billion$329.37M ¥35.9 billion¥16.1 billion 0.00% ¥27K/m²
1187Mitane Town
Akita
¥52.0 billion$329.23M ¥26.8 billion¥25.2 billion 0.00% ¥4,000/m²
1188Kawasaki Town
Fukuoka
¥52.0 billion$329.09M ¥32.5 billion¥19.5 billion 0.00% ¥11K/m²
1189Yuza Town
Yamagata
¥51.9 billion$328.52M ¥29.6 billion¥22.2 billion 0.00% ¥9,898/m²
1190Osaki Town
Kagoshima
¥51.9 billion$328.46M ¥25.4 billion¥26.5 billion 0.00% ¥4,226/m²
1191Osato Town
Miyagi
¥51.7 billion$327.47M ¥33.5 billion¥18.2 billion 0.00% ¥10K/m²
1192Nagara Town
Chiba
¥51.6 billion$326.96M ¥28.2 billion¥23.5 billion 0.00% ¥9,975/m²
1193Tagami Town
Niigata
¥51.5 billion$326.36M ¥33.7 billion¥17.8 billion 0.00% ¥15K/m²
1194Iijima Town
Nagano
¥51.5 billion$326.16M ¥29.4 billion¥22.1 billion 0.00% ¥10K/m²
1195Shari Town
Hokkaido
¥51.5 billion$325.85M ¥23.4 billion¥28.1 billion 0.00% ¥8,060/m²
1196Kotohira Town
Kagawa
¥51.4 billion$325.48M ¥31.4 billion¥20.0 billion 0.00% ¥23K/m²
1197Kamikawa Town
Hyogo
¥51.0 billion$323.26M ¥27.6 billion¥23.5 billion 0.00% ¥8,950/m²
1198Shirataka Town
Yamagata
¥50.7 billion$321.39M ¥28.8 billion¥21.9 billion 0.00% ¥8,482/m²
1199Kohoku Town
Saga
¥50.5 billion$320.12M ¥30.1 billion¥20.4 billion 0.00% ¥18K/m²
1200Nishihara Village
Kumamoto
¥50.4 billion$318.92M ¥28.1 billion¥22.2 billion 0.00% ¥17K/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.