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
1501Kaneyama Town
Yamagata
¥14.7 billion$92.85M ¥7.7 billion¥7.0 billion 0.00% ¥6,500/m²
1502Kunneppu Town
Hokkaido
¥14.6 billion$92.25M ¥6.2 billion¥8.4 billion 0.00% ¥4,683/m²
1503Wazuka Town
Kyoto
¥14.5 billion$91.85M ¥9.6 billion¥4.9 billion 0.00% ¥13K/m²
1504Shiriuchi Town
Hokkaido
¥14.5 billion$91.66M ¥7.2 billion¥7.2 billion 0.00% ¥4,350/m²
1505Funagata Town
Yamagata
¥14.4 billion$91.23M ¥7.0 billion¥7.4 billion 0.00% ¥6,633/m²
1506Sarabetsu Village
Hokkaido
¥14.4 billion$91.22M ¥4.6 billion¥9.8 billion 0.00% ¥6,700/m²
1507Kamiyama Town
Tokushima
¥14.3 billion$90.51M ¥8.8 billion¥5.5 billion 0.00% ¥11K/m²
1508Oma Town
Aomori
¥14.1 billion$89.31M ¥4.3 billion¥9.8 billion 0.00% ¥3,650/m²
1509Hichiso Town
Gifu
¥13.7 billion$86.91M ¥8.0 billion¥5.7 billion 0.00% ¥8,205/m²
1510Tsunagi Town
Kumamoto
¥13.5 billion$85.35M ¥7.6 billion¥5.9 billion 0.00% ¥9,700/m²
1511Sagara Village
Kumamoto
¥13.3 billion$84.28M ¥7.1 billion¥6.2 billion 0.00% ¥4,683/m²
1512Tadami Town
Fukushima
¥13.3 billion$84.20M ¥6.5 billion¥6.8 billion 0.00% ¥4,780/m²
1513Noda Village
Iwate
¥13.3 billion$84.16M ¥7.5 billion¥5.8 billion 0.00% ¥10K/m²
1514Otsuki Town
Kochi
¥13.1 billion$82.85M ¥7.3 billion¥5.8 billion 0.00% ¥7,700/m²
1515Tosa Town
Kochi
¥13.0 billion$82.14M ¥7.2 billion¥5.8 billion 0.00% ¥14K/m²
1516Sotogahama Town
Aomori
¥12.9 billion$81.59M ¥4.9 billion¥8.0 billion 0.00% ¥4,667/m²
1517Mugi Town
Tokushima
¥12.7 billion$80.67M ¥7.8 billion¥5.0 billion 0.00% ¥14K/m²
1518Okoppe Town
Hokkaido
¥12.7 billion$80.66M ¥3.2 billion¥9.5 billion 0.00% ¥3,880/m²
1519Otoyo Town
Kochi
¥12.7 billion$80.38M ¥8.4 billion¥4.3 billion 0.00% ¥12K/m²
1520Iinan Town
Shimane
¥12.6 billion$79.82M ¥6.4 billion¥6.2 billion 0.00% ¥5,620/m²
1521Kamikawa Town
Hokkaido
¥12.6 billion$79.68M ¥2.8 billion¥9.8 billion 0.00% ¥2,280/m²
1522Misato Town
Shimane
¥12.3 billion$77.81M ¥6.4 billion¥5.9 billion 0.00% ¥5,070/m²
1523Nahari Town
Kochi
¥12.2 billion$77.47M ¥7.8 billion¥4.4 billion 0.00% ¥12K/m²
1524Tsurui Village
Hokkaido
¥12.2 billion$77.37M ¥4.6 billion¥7.6 billion 0.00% ¥8,750/m²
1525Assabu Town
Hokkaido
¥12.0 billion$76.20M ¥5.9 billion¥6.1 billion 0.00% ¥6,017/m²
1526Matsuno Town
Ehime
¥11.9 billion$75.18M ¥6.7 billion¥5.1 billion 0.00% ¥8,300/m²
1527Misato Town
Miyazaki
¥11.8 billion$74.84M ¥5.3 billion¥6.5 billion 0.00% ¥4,173/m²
1528Tano Town
Kochi
¥11.7 billion$73.97M ¥6.5 billion¥5.2 billion 0.00% ¥13K/m²
1529Toei Town
Aichi
¥11.6 billion$73.72M ¥8.1 billion¥3.5 billion 0.00% ¥9,815/m²
1530Motoyama Town
Kochi
¥11.6 billion$73.64M ¥7.9 billion¥3.7 billion 0.00% ¥14K/m²
1531Iitate Village
Fukushima
¥11.6 billion$73.55M ¥4.5 billion¥7.2 billion 0.00% ¥4,400/m²
1532Tozawa Village
Yamagata
¥11.6 billion$73.38M ¥5.4 billion¥6.2 billion 0.00% ¥3,000/m²
1533Sakegawa Village
Yamagata
¥11.3 billion$71.75M ¥5.4 billion¥6.0 billion 0.00% ¥3,357/m²
1534Samani Town
Hokkaido
¥11.3 billion$71.74M ¥5.3 billion¥6.0 billion 0.00% ¥5,150/m²
1535Kawamoto Town
Shimane
¥11.3 billion$71.58M ¥6.4 billion¥4.9 billion 0.00% ¥9,954/m²
1536Kofu Town
Tottori
¥11.2 billion$71.18M ¥4.6 billion¥6.6 billion 0.00% ¥3,350/m²
1537Yoron Town
Kagoshima
¥11.2 billion$70.94M ¥4.5 billion¥6.7 billion 0.00% ¥6,900/m²
1538Okuwa Village
Nagano
¥11.2 billion$70.72M ¥5.6 billion¥5.5 billion 0.00% ¥6,260/m²
1539Isen Town
Kagoshima
¥11.1 billion$70.53M ¥7.2 billion¥4.0 billion 0.00% ¥3,920/m²
1540Shimojo Village
Nagano
¥10.9 billion$68.89M ¥5.0 billion¥5.9 billion 0.00% ¥4,920/m²
1541Anan Town
Nagano
¥10.8 billion$68.62M ¥5.8 billion¥5.1 billion 0.00% ¥2,995/m²
1542Yusuhara Town
Kochi
¥10.8 billion$68.26M ¥6.8 billion¥4.0 billion 0.00% ¥14K/m²
1543Abu Town
Yamaguchi
¥10.7 billion$67.92M ¥6.0 billion¥4.7 billion 0.00% ¥5,970/m²
1544Koya Town
Wakayama
¥10.7 billion$67.76M ¥7.4 billion¥3.3 billion 0.00% ¥18K/m²
1545Erimo Town
Hokkaido
¥10.7 billion$67.75M ¥4.6 billion¥6.1 billion 0.00% ¥6,083/m²
1546Kiyosato Town
Hokkaido
¥10.7 billion$67.51M ¥3.9 billion¥6.8 billion 0.00% ¥3,067/m²
1547Biratori Town
Hokkaido
¥10.6 billion$66.91M ¥4.6 billion¥5.9 billion 0.00% ¥2,303/m²
1548Taiji Town
Wakayama
¥10.6 billion$66.90M ¥6.6 billion¥4.0 billion 0.00% ¥16K/m²
1549Toyoura Town
Hokkaido
¥10.5 billion$66.73M ¥5.3 billion¥5.2 billion 0.00% ¥5,017/m²
1550Nishinoshima Town
Shimane
¥10.4 billion$66.16M ¥7.2 billion¥3.2 billion 0.00% ¥13K/m²
1551Toyokoro Town
Hokkaido
¥10.3 billion$65.21M ¥3.3 billion¥7.0 billion 0.00% ¥2,450/m²
1552Mashike Town
Hokkaido
¥10.2 billion$64.88M ¥4.2 billion¥6.1 billion 0.00% ¥4,800/m²
1553Kyogoku Town
Hokkaido
¥10.2 billion$64.29M ¥3.4 billion¥6.8 billion 0.00% ¥9,250/m²
1554Ogimi Village
Okinawa
¥10.1 billion$63.73M ¥4.6 billion¥5.4 billion 0.00% ¥11K/m²
1555Yunomae Town
Kumamoto
¥10.0 billion$63.62M ¥5.8 billion¥4.2 billion 0.00% ¥4,750/m²
1556Minamiyamashiro Village
Kyoto
¥10.0 billion$63.56M ¥5.2 billion¥4.8 billion 0.00% ¥8,330/m²
1557Kiso Village
Nagano
¥10.0 billion$63.44M ¥6.4 billion¥3.6 billion 0.00% ¥9,900/m²
1558Niki Town
Hokkaido
¥10.0 billion$63.20M ¥5.0 billion¥4.9 billion 0.00% ¥6,217/m²
1559Fukushima Town
Hokkaido
¥9.7 billion$61.67M ¥4.8 billion¥5.0 billion 0.00% ¥6,690/m²
1560Hamatonbetsu Town
Hokkaido
¥9.6 billion$61.09M ¥3.1 billion¥6.6 billion 0.00% ¥3,660/m²
1561Pippu Town
Hokkaido
¥9.6 billion$60.86M ¥4.0 billion¥5.6 billion 0.00% ¥4,567/m²
1562Kaminokuni Town
Hokkaido
¥9.4 billion$59.39M ¥3.7 billion¥5.6 billion 0.00% ¥5,033/m²
1563Miyake Village
Tokyo
¥9.3 billion$59.13M ¥6.5 billion¥2.8 billion 0.00% ¥8,050/m²
1564Hinohara Village
Tokyo
¥9.3 billion$59.05M ¥7.0 billion¥2.4 billion 0.00% ¥19K/m²
1565Sarufutsu Village
Hokkaido
¥9.3 billion$58.77M ¥1.8 billion¥7.5 billion 0.00% ¥3,600/m²
1566Kimobetsu Town
Hokkaido
¥9.2 billion$58.44M ¥5.1 billion¥4.2 billion 0.00% ¥5,825/m²
1567Omi Village
Nagano
¥9.2 billion$58.44M ¥5.7 billion¥3.5 billion 0.00% ¥9,200/m²
1568Yanaizu Town
Fukushima
¥9.2 billion$58.19M ¥4.9 billion¥4.3 billion 0.00% ¥5,467/m²
1569Hino Town
Tottori
¥9.0 billion$56.80M ¥5.3 billion¥3.6 billion 0.00% ¥6,200/m²
1570Teshio Town
Hokkaido
¥8.9 billion$56.61M ¥3.1 billion¥5.9 billion 0.00% ¥4,300/m²
1571Niijima Village
Tokyo
¥8.9 billion$56.45M ¥4.5 billion¥4.4 billion 0.00% ¥6,200/m²
1572Okura Village
Yamagata
¥8.9 billion$56.18M ¥4.0 billion¥4.9 billion 0.00% ¥3,815/m²
1573Shirakawa Village
Gifu
¥8.8 billion$55.52M ¥3.3 billion¥5.5 billion 0.00% ¥5,960/m²
1574Bifuka Town
Hokkaido
¥8.7 billion$55.09M ¥3.3 billion¥5.4 billion 0.00% ¥2,580/m²
1575Hinokage Town
Miyazaki
¥8.7 billion$54.91M ¥4.7 billion¥3.9 billion 0.00% ¥3,980/m²
1576Kozagawa Town
Wakayama
¥8.7 billion$54.83M ¥6.4 billion¥2.3 billion 0.00% ¥12K/m²
1577Shinshinotsu Village
Hokkaido
¥8.6 billion$54.48M ¥3.8 billion¥4.8 billion 0.00% ¥3,800/m²
1578Numata Town
Hokkaido
¥8.6 billion$54.33M ¥4.1 billion¥4.5 billion 0.00% ¥3,295/m²
1579Moseushi Town
Hokkaido
¥8.5 billion$53.84M ¥3.7 billion¥4.8 billion 0.00% ¥3,850/m²
1580Samegawa Village
Fukushima
¥8.5 billion$53.65M ¥5.0 billion¥3.5 billion 0.00% ¥4,653/m²
1581Ogasawara Village
Tokyo
¥8.4 billion$53.51M ¥6.0 billion¥2.4 billion 0.00% ¥26K/m²
1582Tanohata Village
Iwate
¥8.2 billion$52.22M ¥4.0 billion¥4.3 billion 0.00% ¥5,870/m²
1583Yasuda Town
Kochi
¥8.1 billion$51.61M ¥4.8 billion¥3.3 billion 0.00% ¥11K/m²
1584Higashichichibu Village
Saitama
¥8.1 billion$51.51M ¥4.4 billion¥3.8 billion 0.00% ¥8,067/m²
1585Fudai Village
Iwate
¥8.1 billion$51.24M ¥4.6 billion¥3.5 billion 0.00% ¥9,165/m²
1586Otobe Town
Hokkaido
¥8.1 billion$51.06M ¥3.9 billion¥4.1 billion 0.00% ¥6,017/m²
1587Rikubetsu Town
Hokkaido
¥8.0 billion$50.72M ¥3.2 billion¥4.8 billion 0.00% ¥2,950/m²
1588Fujisato Town
Akita
¥8.0 billion$50.64M ¥4.1 billion¥3.9 billion 0.00% ¥2,975/m²
1589Wassamu Town
Hokkaido
¥7.9 billion$49.91M ¥3.5 billion¥4.4 billion 0.00% ¥4,425/m²
1590Wakasa Town
Tottori
¥7.9 billion$49.78M ¥4.4 billion¥3.4 billion 0.00% ¥7,050/m²
1591Toyo Town
Kochi
¥7.7 billion$48.64M ¥5.7 billion¥2.0 billion 0.00% ¥11K/m²
1592Horonobe Town
Hokkaido
¥7.7 billion$48.52M ¥2.1 billion¥5.6 billion 0.00% ¥4,400/m²
1593Imabetsu Town
Aomori
¥7.6 billion$47.96M ¥2.8 billion¥4.8 billion 0.00% ¥4,150/m²
1594Shimokawa Town
Hokkaido
¥7.5 billion$47.73M ¥2.4 billion¥5.1 billion 0.00% ¥2,375/m²
1595Oketo Town
Hokkaido
¥7.4 billion$46.76M ¥1.9 billion¥5.5 billion 0.00% ¥3,025/m²
1596Kenbuchi Town
Hokkaido
¥7.2 billion$45.74M ¥3.0 billion¥4.2 billion 0.00% ¥2,185/m²
1597Aka Village
Fukuoka
¥7.2 billion$45.71M ¥4.3 billion¥2.9 billion 0.00% ¥4,917/m²
1598Ikeda Town
Fukui
¥7.1 billion$44.89M ¥3.9 billion¥3.1 billion 0.00% ¥2,580/m²
1599Aibetsu Town
Hokkaido
¥7.1 billion$44.78M ¥2.9 billion¥4.1 billion 0.00% ¥3,750/m²
1600Tomamae Town
Hokkaido
¥7.0 billion$44.38M ¥2.6 billion¥4.4 billion 0.00% ¥3,050/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.