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
1401Takagi Village
Nagano
¥22.7 billion$144.02M ¥12.4 billion¥10.4 billion 0.00% ¥12K/m²
1402Kinko Town
Kagoshima
¥22.6 billion$143.27M ¥11.6 billion¥11.0 billion 0.00% ¥4,508/m²
1403Wadomari Town
Kagoshima
¥22.6 billion$143.18M ¥11.6 billion¥11.0 billion 0.00% ¥7,940/m²
1404Ashoro Town
Hokkaido
¥22.5 billion$142.81M ¥10.2 billion¥12.4 billion 0.00% ¥7,340/m²
1405Ochi Town
Kochi
¥22.5 billion$142.70M ¥14.2 billion¥8.4 billion 0.00% ¥21K/m²
1406Hirata Village
Fukushima
¥22.4 billion$141.70M ¥12.3 billion¥10.1 billion 0.00% ¥6,712/m²
1407Nishikatsura Town
Yamanashi
¥22.3 billion$140.93M ¥16.1 billion¥6.1 billion 0.00% ¥22K/m²
1408Higashikushira Town
Kagoshima
¥22.2 billion$140.71M ¥11.3 billion¥10.9 billion 0.00% ¥5,177/m²
1409Okutama Town
Tokyo
¥22.1 billion$139.99M ¥16.5 billion¥5.6 billion 0.00% ¥26K/m²
1410Gyokuto Town
Kumamoto
¥22.1 billion$139.69M ¥14.2 billion¥7.9 billion 0.00% ¥12K/m²
1411Nakajima Village
Fukushima
¥22.0 billion$139.23M ¥12.3 billion¥9.7 billion 0.00% ¥8,766/m²
1412Shintoku Town
Hokkaido
¥21.8 billion$138.11M ¥7.1 billion¥14.7 billion 0.00% ¥7,180/m²
1413Kiyokawa Village
Kanagawa
¥21.8 billion$138.00M ¥16.2 billion¥5.6 billion 0.00% ¥34K/m²
1414Esashi Town
Hokkaido
¥21.7 billion$137.64M ¥10.1 billion¥11.6 billion 0.00% ¥9,800/m²
1415Hachirogata Town
Akita
¥21.6 billion$136.75M ¥13.3 billion¥8.3 billion 0.00% ¥8,295/m²
1416Kyowa Town
Hokkaido
¥21.6 billion$136.73M ¥8.5 billion¥13.0 billion 0.00% ¥8,770/m²
1417Nishiaizu Town
Fukushima
¥21.4 billion$135.26M ¥11.9 billion¥9.5 billion 0.00% ¥6,350/m²
1418Nakatosa Town
Kochi
¥21.1 billion$133.62M ¥13.0 billion¥8.1 billion 0.00% ¥15K/m²
1419Sumita Town
Iwate
¥20.8 billion$132.04M ¥12.5 billion¥8.3 billion 0.00% ¥6,760/m²
1420Naie Town
Hokkaido
¥20.8 billion$131.80M ¥8.5 billion¥12.3 billion 0.00% ¥4,190/m²
1421Kunohe Village
Iwate
¥20.8 billion$131.57M ¥11.3 billion¥9.5 billion 0.00% ¥6,497/m²
1422Kijo Town
Miyazaki
¥20.6 billion$130.51M ¥9.5 billion¥11.1 billion 0.00% ¥8,790/m²
1423Shimukappu Village
Hokkaido
¥20.5 billion$129.97M ¥793.0M¥19.7 billion 0.00% ¥2,425/m²
1424Hamanaka Town
Hokkaido
¥20.5 billion$129.60M ¥5.8 billion¥14.7 billion 0.00% ¥4,033/m²
1425Happo Town
Akita
¥20.4 billion$129.12M ¥11.2 billion¥9.2 billion 0.00% ¥3,800/m²
1426Asahi Town
Yamagata
¥20.3 billion$128.83M ¥12.1 billion¥8.2 billion 0.00% ¥7,570/m²
1427Minami Town
Tokushima
¥20.1 billion$127.42M ¥11.4 billion¥8.7 billion 0.00% ¥15K/m²
1428Ikeda Town
Hokkaido
¥20.1 billion$127.42M ¥8.6 billion¥11.5 billion 0.00% ¥5,260/m²
1429Mamurogawa Town
Yamagata
¥20.1 billion$127.29M ¥10.1 billion¥10.0 billion 0.00% ¥7,824/m²
1430Kikai Town
Kagoshima
¥20.0 billion$126.70M ¥12.4 billion¥7.6 billion 0.00% ¥5,646/m²
1431Shimogo Town
Fukushima
¥20.0 billion$126.36M ¥12.0 billion¥7.9 billion 0.00% ¥6,898/m²
1432Shitara Town
Aichi
¥19.8 billion$125.50M ¥12.0 billion¥7.8 billion 0.00% ¥7,847/m²
1433Fukaura Town
Aomori
¥19.8 billion$125.29M ¥10.2 billion¥9.6 billion 0.00% ¥4,100/m²
1434Takko Town
Aomori
¥19.7 billion$124.97M ¥11.7 billion¥8.1 billion 0.00% ¥5,912/m²
1435Toma Town
Hokkaido
¥19.7 billion$124.48M ¥9.6 billion¥10.0 billion 0.00% ¥6,467/m²
1436Kawaba Village
Gunma
¥19.6 billion$124.44M ¥10.5 billion¥9.1 billion 0.00% ¥9,075/m²
1437Sekikawa Village
Niigata
¥19.6 billion$123.87M ¥11.6 billion¥7.9 billion 0.00% ¥8,250/m²
1438Minamiosumi Town
Kagoshima
¥19.5 billion$123.80M ¥9.8 billion¥9.7 billion 0.00% ¥5,792/m²
1439Shimoichi Town
Nara
¥19.5 billion$123.71M ¥13.7 billion¥5.9 billion 0.00% ¥16K/m²
1440Saroma Town
Hokkaido
¥19.5 billion$123.39M ¥4.9 billion¥14.6 billion 0.00% ¥3,967/m²
1441Setana Town
Hokkaido
¥19.4 billion$123.17M ¥9.6 billion¥9.8 billion 0.00% ¥7,640/m²
1442Yuni Town
Hokkaido
¥19.2 billion$121.48M ¥7.7 billion¥11.5 billion 0.00% ¥4,283/m²
1443Katsuura Town
Tokushima
¥18.9 billion$119.58M ¥11.1 billion¥7.8 billion 0.00% ¥13K/m²
1444Kawakami Village
Nagano
¥18.8 billion$118.88M ¥10.3 billion¥8.5 billion 0.00% ¥9,250/m²
1445Tsuno Town
Kochi
¥18.6 billion$117.91M ¥11.1 billion¥7.6 billion 0.00% ¥11K/m²
1446China Town
Kagoshima
¥18.6 billion$117.51M ¥9.9 billion¥8.7 billion 0.00% ¥6,590/m²
1447Geisei Village
Kochi
¥18.5 billion$117.37M ¥11.5 billion¥7.0 billion 0.00% ¥12K/m²
1448Akabira City
Hokkaido
¥18.5 billion$117.18M ¥6.1 billion¥12.4 billion 0.00% ¥2,958/m²
1449Nozawaonsen Village
Nagano
¥18.4 billion$116.69M ¥7.7 billion¥10.8 billion 0.00% ¥30K/m²
1450Shibetsu Town
Hokkaido
¥18.3 billion$116.17M ¥5.8 billion¥12.5 billion 0.00% ¥5,167/m²
1451Susami Town
Wakayama
¥18.3 billion$116.04M ¥12.3 billion¥6.0 billion 0.00% ¥14K/m²
1452Yoshika Town
Shimane
¥18.2 billion$115.32M ¥10.2 billion¥8.0 billion 0.00% ¥8,150/m²
1453Oto Town
Fukuoka
¥18.2 billion$115.30M ¥12.0 billion¥6.2 billion 0.00% ¥9,662/m²
1454Shintotsukawa Town
Hokkaido
¥18.2 billion$115.13M ¥8.4 billion¥9.8 billion 0.00% ¥5,130/m²
1455Shikaoi Town
Hokkaido
¥18.1 billion$114.80M ¥6.6 billion¥11.5 billion 0.00% ¥4,833/m²
1456Ie Village
Okinawa
¥18.0 billion$113.97M ¥10.0 billion¥8.0 billion 0.00% ¥10K/m²
1457Amagi Town
Kagoshima
¥17.9 billion$113.10M ¥11.9 billion¥6.0 billion 0.00% ¥6,286/m²
1458Oshamanbe Town
Hokkaido
¥17.8 billion$112.47M ¥7.1 billion¥10.7 billion 0.00% ¥5,660/m²
1459Ikawa Town
Akita
¥17.7 billion$112.36M ¥9.7 billion¥8.1 billion 0.00% ¥6,150/m²
1460Rusutsu Village
Hokkaido
¥17.7 billion$112.18M ¥3.3 billion¥14.4 billion 0.00% ¥5,800/m²
1461Funahashi Village
Toyama
¥17.6 billion$111.75M ¥11.4 billion¥6.2 billion 0.00% ¥23K/m²
1462Furudono Town
Fukushima
¥17.6 billion$111.63M ¥10.4 billion¥7.2 billion 0.00% ¥5,973/m²
1463Kudoyama Town
Wakayama
¥17.6 billion$111.57M ¥12.5 billion¥5.2 billion 0.00% ¥18K/m²
1464Nakasatsunai Village
Hokkaido
¥17.5 billion$110.99M ¥5.9 billion¥11.6 billion 0.00% ¥7,450/m²
1465Kunigami Village
Okinawa
¥17.4 billion$109.92M ¥8.4 billion¥9.0 billion 0.00% ¥7,587/m²
1466Kuzumaki Town
Iwate
¥17.3 billion$109.64M ¥9.0 billion¥8.3 billion 0.00% ¥6,240/m²
1467Agematsu Town
Nagano
¥17.3 billion$109.62M ¥10.5 billion¥6.8 billion 0.00% ¥12K/m²
1468Sobetsu Town
Hokkaido
¥17.2 billion$108.62M ¥6.7 billion¥10.4 billion 0.00% ¥4,525/m²
1469Shikabe Town
Hokkaido
¥17.1 billion$108.49M ¥9.4 billion¥7.7 billion 0.00% ¥5,167/m²
1470Kumenan Town
Okayama
¥17.1 billion$108.16M ¥10.2 billion¥6.9 billion 0.00% ¥7,205/m²
1471Yubari City
Hokkaido
¥17.0 billion$107.89M ¥3.7 billion¥13.3 billion 0.00% ¥2,128/m²
1472Tsubetsu Town
Hokkaido
¥17.0 billion$107.82M ¥5.9 billion¥11.1 billion 0.00% ¥4,067/m²
1473Minamioguni Town
Kumamoto
¥16.9 billion$106.73M ¥8.8 billion¥8.1 billion 0.00% ¥9,633/m²
1474Rausu Town
Hokkaido
¥16.8 billion$106.13M ¥6.8 billion¥9.9 billion 0.00% ¥7,600/m²
1475Haboro Town
Hokkaido
¥16.6 billion$105.38M ¥6.9 billion¥9.7 billion 0.00% ¥4,290/m²
1476Toyotomi Town
Hokkaido
¥16.6 billion$105.29M ¥5.2 billion¥11.4 billion 0.00% ¥5,133/m²
1477Otari Village
Nagano
¥16.6 billion$105.29M ¥5.8 billion¥10.8 billion 0.00% ¥7,325/m²
1478Urahoro Town
Hokkaido
¥16.6 billion$105.07M ¥5.5 billion¥11.1 billion 0.00% ¥4,180/m²
1479Takayama Village
Gunma
¥16.5 billion$104.23M ¥10.0 billion¥6.5 billion 0.00% ¥7,000/m²
1480Niikappu Town
Hokkaido
¥16.2 billion$102.85M ¥6.1 billion¥10.1 billion 0.00% ¥6,650/m²
1481Yamazoe Village
Nara
¥16.1 billion$101.98M ¥10.0 billion¥6.2 billion 0.00% ¥7,533/m²
1482Nakafurano Town
Hokkaido
¥16.0 billion$101.58M ¥6.4 billion¥9.6 billion 0.00% ¥8,167/m²
1483Niyodogawa Town
Kochi
¥16.0 billion$101.04M ¥9.9 billion¥6.0 billion 0.00% ¥8,472/m²
1484Kijimadaira Village
Nagano
¥15.7 billion$99.49M ¥6.7 billion¥9.0 billion 0.00% ¥4,580/m²
1485Yugawa Village
Fukushima
¥15.6 billion$98.66M ¥10.2 billion¥5.4 billion 0.00% ¥7,570/m²
1486Nichinan Town
Tottori
¥15.6 billion$98.62M ¥7.9 billion¥7.6 billion 0.00% ¥7,025/m²
1487Nishiwaga Town
Iwate
¥15.6 billion$98.60M ¥6.8 billion¥8.8 billion 0.00% ¥3,816/m²
1488Nagiso Town
Nagano
¥15.6 billion$98.59M ¥8.8 billion¥6.7 billion 0.00% ¥6,523/m²
1489Nishikawa Town
Yamagata
¥15.5 billion$98.45M ¥8.0 billion¥7.5 billion 0.00% ¥4,940/m²
1490Kikonai Town
Hokkaido
¥15.5 billion$98.36M ¥8.5 billion¥7.0 billion 0.00% ¥8,430/m²
1491Akaigawa Village
Hokkaido
¥15.3 billion$97.12M ¥1.6 billion¥13.7 billion 0.00% ¥3,050/m²
1492Izumozaki Town
Niigata
¥15.3 billion$96.65M ¥7.7 billion¥7.6 billion 0.00% ¥9,025/m²
1493Chikuhoku Village
Nagano
¥15.3 billion$96.64M ¥9.3 billion¥6.0 billion 0.00% ¥7,247/m²
1494Nakagawa Village
Nagano
¥15.2 billion$96.45M ¥7.3 billion¥7.9 billion 0.00% ¥4,043/m²
1495Koshimizu Town
Hokkaido
¥15.1 billion$95.84M ¥5.2 billion¥9.9 billion 0.00% ¥4,367/m²
1496Yokohama Town
Aomori
¥15.1 billion$95.34M ¥5.8 billion¥9.2 billion 0.00% ¥5,300/m²
1497Rankoshi Town
Hokkaido
¥15.0 billion$94.87M ¥8.4 billion¥6.6 billion 0.00% ¥9,100/m²
1498Omu Town
Hokkaido
¥14.9 billion$94.15M ¥3.8 billion¥11.1 billion 0.00% ¥2,858/m²
1499Matsumae Town
Hokkaido
¥14.9 billion$94.10M ¥6.6 billion¥8.3 billion 0.00% ¥6,350/m²
1500Imakane Town
Hokkaido
¥14.7 billion$93.21M ¥7.7 billion¥7.0 billion 0.00% ¥8,770/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.