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
1201Kimotsuki Town
Kagoshima
¥50.3 billion$317.96M ¥26.2 billion¥24.1 billion 0.00% ¥5,708/m²
1202Nakijin Village
Okinawa
¥50.3 billion$317.51M ¥28.8 billion¥21.5 billion 0.00% ¥13K/m²
1203Iwami Town
Tottori
¥50.1 billion$316.67M ¥31.4 billion¥18.7 billion 0.00% ¥12K/m²
1204Sekigahara Town
Gifu
¥49.7 billion$313.87M ¥34.9 billion¥14.8 billion 0.00% ¥18K/m²
1205Kosa Town
Kumamoto
¥49.4 billion$312.32M ¥29.5 billion¥19.9 billion 0.00% ¥13K/m²
1206Minobu Town
Yamanashi
¥49.2 billion$310.75M ¥29.5 billion¥19.7 billion 0.00% ¥9,628/m²
1207Sakuho Town
Nagano
¥49.1 billion$310.50M ¥32.4 billion¥16.8 billion 0.00% ¥18K/m²
1208Yakushima Town
Kagoshima
¥49.1 billion$310.01M ¥25.8 billion¥23.2 billion 0.00% ¥6,314/m²
1209Showa Village
Gunma
¥48.9 billion$309.17M ¥28.0 billion¥20.9 billion 0.00% ¥11K/m²
1210Iwate Town
Iwate
¥48.9 billion$308.66M ¥29.0 billion¥19.8 billion 0.00% ¥12K/m²
1211Tomika Town
Gifu
¥48.7 billion$307.66M ¥31.5 billion¥17.2 billion 0.00% ¥20K/m²
1212Shinano Town
Nagano
¥48.2 billion$304.72M ¥22.3 billion¥25.9 billion 0.00% ¥8,668/m²
1213Nishiizu Town
Shizuoka
¥48.1 billion$304.06M ¥31.6 billion¥16.5 billion 0.00% ¥22K/m²
1214Rokunohe Town
Aomori
¥48.1 billion$303.92M ¥23.4 billion¥24.7 billion 0.00% ¥6,540/m²
1215Misaki Town
Okayama
¥48.1 billion$303.83M ¥26.2 billion¥21.9 billion 0.00% ¥5,420/m²
1216Ichinohe Town
Iwate
¥48.0 billion$303.15M ¥29.5 billion¥18.4 billion 0.00% ¥14K/m²
1217Kibichuo Town
Okayama
¥47.9 billion$302.71M ¥22.9 billion¥25.0 billion 0.00% ¥4,560/m²
1218Yahiko Village
Niigata
¥47.8 billion$302.22M ¥30.8 billion¥17.1 billion 0.00% ¥22K/m²
1219Toyako Town
Hokkaido
¥47.4 billion$299.23M ¥20.3 billion¥27.0 billion 0.00% ¥7,130/m²
1220Kunimi Town
Fukushima
¥47.2 billion$298.23M ¥32.3 billion¥14.9 billion 0.00% ¥18K/m²
1221Mikawa Town
Yamagata
¥47.2 billion$298.06M ¥26.5 billion¥20.7 billion 0.00% ¥12K/m²
1222Otaki Town
Chiba
¥47.1 billion$297.53M ¥26.5 billion¥20.6 billion 0.00% ¥6,508/m²
1223Minamiizu Town
Shizuoka
¥47.1 billion$297.42M ¥30.4 billion¥16.7 billion 0.00% ¥18K/m²
1224Nankan Town
Kumamoto
¥46.9 billion$296.17M ¥21.2 billion¥25.7 billion 0.00% ¥6,917/m²
1225Asagiri Town
Kumamoto
¥46.8 billion$295.86M ¥26.5 billion¥20.3 billion 0.00% ¥5,795/m²
1226Toyosato Town
Shiga
¥46.6 billion$294.16M ¥26.6 billion¥20.0 billion 0.00% ¥15K/m²
1227Noheji Town
Aomori
¥46.2 billion$291.83M ¥24.9 billion¥21.2 billion 0.00% ¥11K/m²
1228Niseko Town
Hokkaido
¥46.0 billion$290.84M ¥17.9 billion¥28.2 billion 0.00% ¥22K/m²
1229Iizuna Town
Nagano
¥45.8 billion$289.39M ¥26.1 billion¥19.8 billion 0.00% ¥9,122/m²
1230Kawazu Town
Shizuoka
¥45.8 billion$289.37M ¥28.8 billion¥17.0 billion 0.00% ¥26K/m²
1231Ugo Town
Akita
¥45.5 billion$287.70M ¥23.2 billion¥22.4 billion 0.00% ¥5,740/m²
1232Hiezu Village
Tottori
¥45.3 billion$286.28M ¥28.6 billion¥16.7 billion 0.00% ¥26K/m²
1233Naganuma Town
Hokkaido
¥45.2 billion$285.50M ¥19.5 billion¥25.7 billion 0.00% ¥10K/m²
1234Hikawa Town
Kumamoto
¥45.2 billion$285.31M ¥28.2 billion¥17.0 billion 0.00% ¥12K/m²
1235Noto Town
Ishikawa
¥45.0 billion$284.54M ¥22.6 billion¥22.4 billion 0.00% ¥7,544/m²
1236Higashidori Village
Aomori
¥45.0 billion$284.41M ¥8.0 billion¥37.0 billion 0.00% ¥2,833/m²
1237Muroto City
Kochi
¥44.8 billion$283.16M ¥27.4 billion¥17.5 billion 0.00% ¥13K/m²
1238Higashikagura Town
Hokkaido
¥44.6 billion$281.54M ¥23.1 billion¥21.5 billion 0.00% ¥15K/m²
1239Tokunoshima Town
Kagoshima
¥44.4 billion$280.77M ¥25.7 billion¥18.7 billion 0.00% ¥19K/m²
1240Hara Village
Nagano
¥44.2 billion$279.40M ¥26.2 billion¥18.1 billion 0.00% ¥15K/m²
1241Ono Town
Fukushima
¥44.2 billion$279.30M ¥28.0 billion¥16.2 billion 0.00% ¥12K/m²
1242Otsuchi Town
Iwate
¥43.8 billion$276.71M ¥22.9 billion¥20.9 billion 0.00% ¥21K/m²
1243Marumori Town
Miyagi
¥43.2 billion$273.15M ¥23.7 billion¥19.5 billion 0.00% ¥10K/m²
1244Kiho Town
Mie
¥43.0 billion$271.81M ¥27.9 billion¥15.1 billion 0.00% ¥18K/m²
1245Higashikawa Town
Hokkaido
¥42.8 billion$270.11M ¥22.7 billion¥20.1 billion 0.00% ¥15K/m²
1246Nishiki Town
Kumamoto
¥42.6 billion$268.97M ¥23.3 billion¥19.3 billion 0.00% ¥7,423/m²
1247Kawachi Town
Ibaraki
¥42.4 billion$268.12M ¥28.6 billion¥13.8 billion 0.00% ¥10K/m²
1248Tsuno Town
Miyazaki
¥42.4 billion$267.78M ¥23.3 billion¥19.1 billion 0.00% ¥11K/m²
1249Kawara Town
Fukuoka
¥42.3 billion$267.29M ¥27.2 billion¥15.1 billion 0.00% ¥13K/m²
1250Kuriyama Town
Hokkaido
¥41.8 billion$264.03M ¥20.2 billion¥21.6 billion 0.00% ¥8,600/m²
1251Minamiechizen Town
Fukui
¥41.5 billion$262.18M ¥26.0 billion¥15.5 billion 0.00% ¥9,633/m²
1252Nagatoro Town
Saitama
¥41.5 billion$262.13M ¥28.3 billion¥13.2 billion 0.00% ¥16K/m²
1253Yusui Town
Kagoshima
¥41.4 billion$261.64M ¥23.7 billion¥17.7 billion 0.00% ¥6,913/m²
1254Ikeda Town
Nagano
¥41.2 billion$259.99M ¥24.6 billion¥16.5 billion 0.00% ¥11K/m²
1255Hashikami Town
Aomori
¥40.9 billion$258.52M ¥24.0 billion¥16.9 billion 0.00% ¥7,742/m²
1256Urakawa Town
Hokkaido
¥40.8 billion$258.06M ¥18.1 billion¥22.8 billion 0.00% ¥8,810/m²
1257Kihoku Town
Ehime
¥40.6 billion$256.36M ¥23.5 billion¥17.0 billion 0.00% ¥9,791/m²
1258Hanawa Town
Fukushima
¥40.4 billion$255.20M ¥26.7 billion¥13.7 billion 0.00% ¥12K/m²
1259Nanbu Town
Yamanashi
¥40.3 billion$254.75M ¥25.5 billion¥14.8 billion 0.00% ¥12K/m²
1260Kuroshio Town
Kochi
¥40.3 billion$254.32M ¥25.6 billion¥14.6 billion 0.00% ¥16K/m²
1261Kyonan Town
Chiba
¥40.2 billion$253.67M ¥28.2 billion¥12.0 billion 0.00% ¥13K/m²
1262Nanbu Town
Tottori
¥39.9 billion$251.86M ¥22.7 billion¥17.1 billion 0.00% ¥9,588/m²
1263Odai Town
Mie
¥39.7 billion$250.92M ¥26.0 billion¥13.7 billion 0.00% ¥7,792/m²
1264Naganohara Town
Gunma
¥39.6 billion$250.35M ¥19.0 billion¥20.7 billion 0.00% ¥7,050/m²
1265Kawasaki Town
Miyagi
¥39.5 billion$249.84M ¥23.1 billion¥16.5 billion 0.00% ¥9,025/m²
1266Innami Town
Wakayama
¥39.5 billion$249.72M ¥24.0 billion¥15.5 billion 0.00% ¥17K/m²
1267Itayanagi Town
Aomori
¥39.3 billion$248.12M ¥20.8 billion¥18.4 billion 0.00% ¥8,710/m²
1268Nose Town
Osaka
¥39.1 billion$247.22M ¥23.1 billion¥16.0 billion 0.00% ¥14K/m²
1269Shimizu Town
Hokkaido
¥39.1 billion$247.05M ¥14.3 billion¥24.8 billion 0.00% ¥5,520/m²
1270Sannohe Town
Aomori
¥38.8 billion$244.99M ¥25.4 billion¥13.4 billion 0.00% ¥14K/m²
1271Tateshina Town
Nagano
¥38.5 billion$242.95M ¥17.0 billion¥21.5 billion 0.00% ¥11K/m²
1272Reihoku Town
Kumamoto
¥38.2 billion$241.24M ¥16.4 billion¥21.8 billion 0.00% ¥12K/m²
1273Okuizumo Town
Shimane
¥38.0 billion$240.15M ¥20.6 billion¥17.5 billion 0.00% ¥12K/m²
1274Kimino Town
Wakayama
¥37.8 billion$239.03M ¥24.7 billion¥13.1 billion 0.00% ¥17K/m²
1275Biei Town
Hokkaido
¥37.6 billion$237.83M ¥16.9 billion¥20.8 billion 0.00% ¥9,960/m²
1276Miyake Town
Nara
¥37.6 billion$237.78M ¥27.6 billion¥10.0 billion 0.00% ¥41K/m²
1277Aga Town
Niigata
¥37.6 billion$237.39M ¥20.6 billion¥17.0 billion 0.00% ¥6,690/m²
1278Hidaka Town
Hokkaido
¥37.3 billion$235.40M ¥15.8 billion¥21.4 billion 0.00% ¥4,090/m²
1279Abira Town
Hokkaido
¥37.2 billion$234.96M ¥15.2 billion¥22.0 billion 0.00% ¥5,198/m²
1280Hachijo Town
Tokyo
¥37.1 billion$234.61M ¥26.6 billion¥10.6 billion 0.00% ¥8,825/m²
1281Yamato Town
Kumamoto
¥37.1 billion$234.21M ¥19.9 billion¥17.1 billion 0.00% ¥7,130/m²
1282Hidaka Town
Wakayama
¥36.8 billion$232.56M ¥23.0 billion¥13.8 billion 0.00% ¥19K/m²
1283Hidakagawa Town
Wakayama
¥36.7 billion$231.77M ¥19.3 billion¥17.4 billion 0.00% ¥14K/m²
1284Osakikamijima Town
Hiroshima
¥36.6 billion$231.07M ¥19.0 billion¥17.6 billion 0.00% ¥12K/m²
1285Takaharu Town
Miyazaki
¥36.5 billion$230.30M ¥20.7 billion¥15.8 billion 0.00% ¥8,848/m²
1286Mutsuzawa Town
Chiba
¥36.4 billion$230.15M ¥24.4 billion¥12.1 billion 0.00% ¥12K/m²
1287Kokonoe Town
Oita
¥35.7 billion$225.57M ¥16.4 billion¥19.3 billion 0.00% ¥5,100/m²
1288Shimonita Town
Gunma
¥35.1 billion$221.97M ¥23.7 billion¥11.4 billion 0.00% ¥13K/m²
1289Shibecha Town
Hokkaido
¥35.1 billion$221.45M ¥10.3 billion¥24.8 billion 0.00% ¥5,570/m²
1290Iwanai Town
Hokkaido
¥35.0 billion$221.17M ¥17.3 billion¥17.7 billion 0.00% ¥10K/m²
1291Suzu City
Ishikawa
¥34.9 billion$220.42M ¥18.3 billion¥16.6 billion 0.00% ¥6,260/m²
1292Nagomi Town
Kumamoto
¥34.8 billion$219.74M ¥18.2 billion¥16.6 billion 0.00% ¥4,796/m²
1293Minamiise Town
Mie
¥34.7 billion$219.29M ¥19.7 billion¥15.0 billion 0.00% ¥10K/m²
1294Yoshitomi Town
Fukuoka
¥34.5 billion$218.15M ¥19.7 billion¥14.8 billion 0.00% ¥16K/m²
1295Kotake Town
Fukuoka
¥34.5 billion$218.00M ¥17.6 billion¥16.9 billion 0.00% ¥9,342/m²
1296Koura Town
Shiga
¥34.5 billion$217.90M ¥18.7 billion¥15.8 billion 0.00% ¥9,800/m²
1297Takatori Town
Nara
¥34.3 billion$216.90M ¥24.4 billion¥9.9 billion 0.00% ¥24K/m²
1298Mihama Town
Mie
¥34.0 billion$214.50M ¥22.6 billion¥11.4 billion 0.00% ¥18K/m²
1299Minamitane Town
Kagoshima
¥33.9 billion$214.37M ¥14.5 billion¥19.4 billion 0.00% ¥5,948/m²
1300Karumai Town
Iwate
¥33.7 billion$212.85M ¥20.1 billion¥13.6 billion 0.00% ¥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.