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
1301Setouchi Town
Kagoshima
¥33.6 billion$213.00M ¥22.0 billion¥11.7 billion 0.00% ¥23K/m²
1302Takachiho Town
Miyazaki
¥33.4 billion$211.43M ¥17.7 billion¥15.7 billion 0.00% ¥14K/m²
1303Takayama Village
Nagano
¥33.0 billion$208.79M ¥21.5 billion¥11.5 billion 0.00% ¥18K/m²
1304Tsurugi Town
Tokushima
¥33.0 billion$208.74M ¥20.4 billion¥12.6 billion 0.00% ¥14K/m²
1305Matsuzaki Town
Shizuoka
¥32.8 billion$207.44M ¥21.8 billion¥10.9 billion 0.00% ¥18K/m²
1306Kamifurano Town
Hokkaido
¥32.7 billion$207.33M ¥15.7 billion¥17.0 billion 0.00% ¥9,200/m²
1307Nagashima Town
Kagoshima
¥32.7 billion$206.82M ¥15.9 billion¥16.7 billion 0.00% ¥5,600/m²
1308Gojome Town
Akita
¥32.6 billion$206.76M ¥18.8 billion¥13.9 billion 0.00% ¥6,556/m²
1309Minamimaki Village
Nagano
¥32.5 billion$205.93M ¥18.8 billion¥13.7 billion 0.00% ¥8,270/m²
1310Shiranuka Town
Hokkaido
¥32.4 billion$205.02M ¥16.0 billion¥16.3 billion 0.00% ¥5,600/m²
1311Ashibetsu City
Hokkaido
¥32.1 billion$203.17M ¥11.8 billion¥20.3 billion 0.00% ¥4,086/m²
1312Hirogawa Town
Wakayama
¥31.9 billion$202.20M ¥21.1 billion¥10.8 billion 0.00% ¥22K/m²
1313Tomari Village
Hokkaido
¥31.8 billion$201.52M ¥1.1 billion¥30.8 billion 0.00% ¥2,920/m²
1314Ten-ei Village
Fukushima
¥31.8 billion$201.12M ¥17.1 billion¥14.7 billion 0.00% ¥6,700/m²
1315Tsunan Town
Niigata
¥31.7 billion$200.93M ¥14.2 billion¥17.5 billion 0.00% ¥11K/m²
1316Kaiyo Town
Tokushima
¥31.6 billion$200.22M ¥20.6 billion¥11.0 billion 0.00% ¥11K/m²
1317Tsuruta Town
Aomori
¥31.5 billion$199.53M ¥16.8 billion¥14.7 billion 0.00% ¥9,200/m²
1318Shikama Town
Miyagi
¥31.5 billion$199.47M ¥17.8 billion¥13.7 billion 0.00% ¥6,633/m²
1319Hiraizumi Town
Iwate
¥31.5 billion$199.39M ¥19.6 billion¥11.9 billion 0.00% ¥18K/m²
1320Ajigasawa Town
Aomori
¥31.3 billion$198.49M ¥18.0 billion¥13.3 billion 0.00% ¥11K/m²
1321Nakatane Town
Kagoshima
¥31.3 billion$198.01M ¥18.0 billion¥13.2 billion 0.00% ¥5,814/m²
1322Onan Town
Shimane
¥30.9 billion$195.44M ¥13.4 billion¥17.5 billion 0.00% ¥4,200/m²
1323Toyooka Village
Nagano
¥30.8 billion$195.11M ¥16.8 billion¥14.0 billion 0.00% ¥12K/m²
1324Shirakawa Town
Gifu
¥30.8 billion$194.79M ¥17.0 billion¥13.8 billion 0.00% ¥9,510/m²
1325Akkeshi Town
Hokkaido
¥30.7 billion$194.44M ¥14.7 billion¥16.0 billion 0.00% ¥7,460/m²
1326Higashisonogi Town
Nagasaki
¥30.6 billion$194.08M ¥16.1 billion¥14.6 billion 0.00% ¥12K/m²
1327Mihama Town
Wakayama
¥30.6 billion$193.54M ¥20.4 billion¥10.1 billion 0.00% ¥20K/m²
1328Jinsekikogen Town
Hiroshima
¥30.5 billion$193.37M ¥14.9 billion¥15.6 billion 0.00% ¥3,210/m²
1329Ogata Village
Akita
¥30.4 billion$192.64M ¥20.6 billion¥9.8 billion 0.00% ¥8,300/m²
1330Takasu Town
Hokkaido
¥30.4 billion$192.31M ¥17.1 billion¥13.3 billion 0.00% ¥11K/m²
1331Shihoro Town
Hokkaido
¥30.3 billion$192.11M ¥12.3 billion¥18.1 billion 0.00% ¥7,267/m²
1332Oguni Town
Yamagata
¥30.3 billion$191.96M ¥12.4 billion¥17.9 billion 0.00% ¥10K/m²
1333Oshima Town
Tokyo
¥30.1 billion$190.52M ¥21.9 billion¥8.2 billion 0.00% ¥7,740/m²
1334Asuka Village
Nara
¥30.0 billion$190.27M ¥23.2 billion¥6.8 billion 0.00% ¥44K/m²
1335Watarai Town
Mie
¥30.0 billion$189.91M ¥17.7 billion¥12.3 billion 0.00% ¥8,483/m²
1336Yubetsu Town
Hokkaido
¥29.9 billion$189.19M ¥9.4 billion¥20.5 billion 0.00% ¥3,100/m²
1337Oe Town
Yamagata
¥29.8 billion$188.87M ¥16.5 billion¥13.3 billion 0.00% ¥10K/m²
1338Teshikaga Town
Hokkaido
¥29.7 billion$188.06M ¥11.2 billion¥18.5 billion 0.00% ¥5,510/m²
1339Nanporo Town
Hokkaido
¥29.6 billion$187.55M ¥12.7 billion¥16.9 billion 0.00% ¥6,200/m²
1340Atsuma Town
Hokkaido
¥29.5 billion$186.78M ¥12.3 billion¥17.2 billion 0.00% ¥5,219/m²
1341Yamatsuri Town
Fukushima
¥29.4 billion$186.20M ¥16.6 billion¥12.8 billion 0.00% ¥9,020/m²
1342Tamakawa Village
Fukushima
¥28.9 billion$182.72M ¥16.4 billion¥12.4 billion 0.00% ¥9,836/m²
1343Kumakogen Town
Ehime
¥28.7 billion$182.00M ¥18.4 billion¥10.3 billion 0.00% ¥6,625/m²
1344Misasa Town
Tottori
¥28.7 billion$181.67M ¥14.6 billion¥14.1 billion 0.00% ¥13K/m²
1345Koge Town
Fukuoka
¥28.7 billion$181.53M ¥15.9 billion¥12.8 billion 0.00% ¥8,110/m²
1346Owani Town
Aomori
¥28.6 billion$181.14M ¥15.9 billion¥12.7 billion 0.00% ¥8,250/m²
1347Akiota Town
Hiroshima
¥28.6 billion$180.82M ¥18.5 billion¥10.0 billion 0.00% ¥8,190/m²
1348Kumejima Town
Okinawa
¥28.5 billion$180.39M ¥15.0 billion¥13.5 billion 0.00% ¥9,305/m²
1349Tara Town
Saga
¥28.3 billion$179.26M ¥16.3 billion¥12.0 billion 0.00% ¥9,395/m²
1350Mogami Town
Yamagata
¥28.3 billion$179.24M ¥14.0 billion¥14.3 billion 0.00% ¥6,670/m²
1351Nakadomari Town
Aomori
¥28.3 billion$179.13M ¥16.8 billion¥11.4 billion 0.00% ¥5,329/m²
1352Futaba Town
Fukushima
¥28.2 billion$178.51M ¥8.5 billion¥19.7 billion 0.00% —
1353Yoshino Town
Nara
¥28.1 billion$177.90M ¥19.1 billion¥9.0 billion 0.00% ¥14K/m²
1354Tsuwano Town
Shimane
¥27.7 billion$175.66M ¥18.8 billion¥8.9 billion 0.00% ¥16K/m²
1355Achi Village
Nagano
¥27.7 billion$175.59M ¥13.2 billion¥14.6 billion 0.00% ¥4,882/m²
1356Ginoza Village
Okinawa
¥27.7 billion$175.37M ¥12.2 billion¥15.5 billion 0.00% ¥20K/m²
1357Omachi Town
Saga
¥27.6 billion$175.01M ¥16.1 billion¥11.6 billion 0.00% ¥9,250/m²
1358Anamizu Town
Ishikawa
¥27.6 billion$174.95M ¥15.6 billion¥12.0 billion 0.00% ¥12K/m²
1359Nagawa Town
Nagano
¥27.5 billion$173.91M ¥16.5 billion¥11.0 billion 0.00% ¥8,500/m²
1360Taragi Town
Kumamoto
¥27.5 billion$173.88M ¥15.3 billion¥12.2 billion 0.00% ¥5,733/m²
1361Aya Town
Miyazaki
¥27.0 billion$171.18M ¥15.2 billion¥11.8 billion 0.00% ¥14K/m²
1362Mukawa Town
Hokkaido
¥26.9 billion$170.43M ¥14.1 billion¥12.8 billion 0.00% ¥7,510/m²
1363Yura Town
Wakayama
¥26.8 billion$169.55M ¥17.2 billion¥9.6 billion 0.00% ¥18K/m²
1364Hiranai Town
Aomori
¥26.8 billion$169.54M ¥14.6 billion¥12.2 billion 0.00% ¥7,850/m²
1365Bandai Town
Fukushima
¥26.6 billion$168.47M ¥13.5 billion¥13.1 billion 0.00% ¥7,735/m²
1366Naoshima Town
Kagawa
¥26.6 billion$168.35M ¥16.2 billion¥10.4 billion 0.00% ¥21K/m²
1367Inakadate Village
Aomori
¥26.5 billion$168.05M ¥14.6 billion¥11.9 billion 0.00% ¥8,060/m²
1368Taiki Town
Hokkaido
¥26.4 billion$167.35M ¥7.0 billion¥19.5 billion 0.00% ¥5,680/m²
1369Kozaki Town
Chiba
¥26.4 billion$167.27M ¥16.1 billion¥10.3 billion 0.00% ¥7,583/m²
1370Asakawa Town
Fukushima
¥25.9 billion$164.27M ¥16.3 billion¥9.7 billion 0.00% ¥12K/m²
1371Ozora Town
Hokkaido
¥25.7 billion$162.89M ¥9.8 billion¥16.0 billion 0.00% ¥6,060/m²
1372Misato Town
Kumamoto
¥25.6 billion$162.07M ¥13.1 billion¥12.5 billion 0.00% ¥5,180/m²
1373Asahi Village
Nagano
¥25.4 billion$160.63M ¥16.0 billion¥9.4 billion 0.00% ¥14K/m²
1374Naka Town
Tokushima
¥25.3 billion$160.43M ¥14.0 billion¥11.4 billion 0.00% ¥7,466/m²
1375Iwaizumi Town
Iwate
¥25.3 billion$160.24M ¥14.3 billion¥11.0 billion 0.00% ¥14K/m²
1376Kitashiobara Village
Fukushima
¥25.3 billion$159.95M ¥9.6 billion¥15.6 billion 0.00% ¥4,525/m²
1377Esashi Town
Hokkaido
¥25.0 billion$158.24M ¥10.3 billion¥14.7 billion 0.00% ¥5,320/m²
1378Oishida Town
Yamagata
¥24.9 billion$157.47M ¥14.3 billion¥10.6 billion 0.00% ¥9,544/m²
1379Aoki Village
Nagano
¥24.8 billion$156.98M ¥13.9 billion¥10.9 billion 0.00% ¥15K/m²
1380Hiroo Town
Hokkaido
¥24.7 billion$156.28M ¥8.6 billion¥16.1 billion 0.00% ¥5,580/m²
1381Iide Town
Yamagata
¥24.5 billion$155.23M ¥11.9 billion¥12.6 billion 0.00% ¥3,997/m²
1382Soeda Town
Fukuoka
¥24.5 billion$155.06M ¥14.2 billion¥10.3 billion 0.00% ¥9,208/m²
1383Honbetsu Town
Hokkaido
¥24.3 billion$153.58M ¥11.0 billion¥13.3 billion 0.00% ¥7,500/m²
1384Mikasa City
Hokkaido
¥24.2 billion$153.49M ¥9.0 billion¥15.2 billion 0.00% ¥3,338/m²
1385Nagi Town
Okayama
¥24.1 billion$152.79M ¥13.7 billion¥10.4 billion 0.00% ¥6,015/m²
1386Kosaka Town
Akita
¥24.0 billion$152.21M ¥11.0 billion¥13.0 billion 0.00% ¥6,738/m²
1387Kamijima Town
Ehime
¥24.0 billion$152.14M ¥14.7 billion¥9.4 billion 0.00% ¥9,107/m²
1388Tatsugo Town
Kagoshima
¥23.9 billion$151.59M ¥14.1 billion¥9.8 billion 0.00% ¥13K/m²
1389Taketomi Town
Okinawa
¥23.9 billion$151.29M ¥11.9 billion¥12.0 billion 0.00% ¥8,450/m²
1390Koumi Town
Nagano
¥23.7 billion$150.39M ¥14.8 billion¥9.0 billion 0.00% ¥17K/m²
1391Hidaka Village
Kochi
¥23.7 billion$150.37M ¥14.1 billion¥9.7 billion 0.00% ¥19K/m²
1392Kamishihoro Town
Hokkaido
¥23.6 billion$149.66M ¥8.2 billion¥15.5 billion 0.00% ¥4,900/m²
1393Katashina Village
Gunma
¥23.6 billion$149.18M ¥13.3 billion¥10.3 billion 0.00% ¥7,000/m²
1394Kawanehon Town
Shizuoka
¥23.5 billion$148.93M ¥12.8 billion¥10.7 billion 0.00% ¥8,788/m²
1395Oguni Town
Kumamoto
¥23.5 billion$148.68M ¥13.8 billion¥9.7 billion 0.00% ¥9,633/m²
1396Takamori Town
Kumamoto
¥23.4 billion$148.27M ¥12.4 billion¥11.1 billion 0.00% ¥8,900/m²
1397Itoda Town
Fukuoka
¥23.1 billion$146.01M ¥14.1 billion¥9.0 billion 0.00% ¥11K/m²
1398Chihayaakasaka Village
Osaka
¥23.0 billion$145.64M ¥14.7 billion¥8.3 billion 0.00% ¥22K/m²
1399Taiki Town
Mie
¥23.0 billion$145.53M ¥12.4 billion¥10.6 billion 0.00% ¥7,070/m²
1400Chizu Town
Tottori
¥23.0 billion$145.36M ¥13.8 billion¥9.2 billion 0.00% ¥14K/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.