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)
| Rank | Area | Total value | ≈ USD | Land | Buildings | Share of Japan | Avg. residential |
|---|---|---|---|---|---|---|---|
| 101 | Itami City Hyogo |
¥2.2 trillion | $13.9B | ¥1.8 trillion | ¥435.1 billion | 0.16% | ¥199K/m² |
| 102 | Odawara City Kanagawa |
¥2.2 trillion | $13.7B | ¥1.7 trillion | ¥469.8 billion | 0.16% | ¥105K/m² |
| 103 | Toda City Saitama |
¥2.2 trillion | $13.7B | ¥1.8 trillion | ¥387.9 billion | 0.15% | ¥320K/m² |
| 104 | Numazu City Shizuoka |
¥2.1 trillion | $13.5B | ¥1.6 trillion | ¥524.1 billion | 0.15% | ¥78K/m² |
| 105 | Koganei City Tokyo |
¥2.1 trillion | $13.4B | ¥1.9 trillion | ¥249.1 billion | 0.15% | ¥392K/m² |
| 106 | Kakogawa City Hyogo |
¥2.1 trillion | $13.4B | ¥1.6 trillion | ¥558.7 billion | 0.15% | ¥78K/m² |
| 107 | Ageo City Saitama |
¥2.1 trillion | $13.3B | ¥1.7 trillion | ¥447.7 billion | 0.15% | ¥121K/m² |
| 108 | Mito City Ibaraki |
¥2.1 trillion | $13.2B | ¥1.4 trillion | ¥664.5 billion | 0.15% | ¥43K/m² |
| 109 | Matsumoto City Nagano |
¥2.1 trillion | $13.0B | ¥1.5 trillion | ¥563.3 billion | 0.15% | ¥48K/m² |
| 110 | Ota City Gunma |
¥2.0 trillion | $12.8B | ¥1.4 trillion | ¥657.2 billion | 0.15% | ¥37K/m² |
| 111 | Niiza City Saitama |
¥2.0 trillion | $12.7B | ¥1.7 trillion | ¥325.9 billion | 0.14% | ¥218K/m² |
| 112 | Akita City Akita |
¥2.0 trillion | $12.6B | ¥1.3 trillion | ¥662.1 billion | 0.14% | ¥37K/m² |
| 113 | Tsu City Mie |
¥2.0 trillion | $12.6B | ¥1.4 trillion | ¥621.7 billion | 0.14% | ¥41K/m² |
| 114 | Kokubunji City Tokyo |
¥2.0 trillion | $12.5B | ¥1.7 trillion | ¥285.5 billion | 0.14% | ¥346K/m² |
| 115 | Komaki City Aichi |
¥2.0 trillion | $12.4B | ¥1.5 trillion | ¥492.4 billion | 0.14% | ¥91K/m² |
| 116 | Minoo City Osaka |
¥2.0 trillion | $12.4B | ¥1.6 trillion | ¥373.4 billion | 0.14% | ¥207K/m² |
| 117 | Narashino City Chiba |
¥1.9 trillion | $12.3B | ¥1.5 trillion | ¥439.7 billion | 0.14% | ¥207K/m² |
| 118 | Yachiyo City Chiba |
¥1.9 trillion | $12.2B | ¥1.5 trillion | ¥472.7 billion | 0.14% | ¥118K/m² |
| 119 | Narita City Chiba |
¥1.9 trillion | $12.1B | ¥1.3 trillion | ¥576.3 billion | 0.14% | ¥60K/m² |
| 120 | Toyokawa City Aichi |
¥1.9 trillion | $12.0B | ¥1.5 trillion | ¥434.3 billion | 0.14% | ¥72K/m² |
| 121 | Ebina City Kanagawa |
¥1.9 trillion | $11.9B | ¥1.5 trillion | ¥402.4 billion | 0.14% | ¥177K/m² |
| 122 | Nagaoka City Niigata |
¥1.9 trillion | $11.9B | ¥1.3 trillion | ¥618.3 billion | 0.14% | ¥32K/m² |
| 123 | Tama City Tokyo |
¥1.8 trillion | $11.6B | ¥1.3 trillion | ¥475.5 billion | 0.13% | ¥200K/m² |
| 124 | Neyagawa City Osaka |
¥1.8 trillion | $11.4B | ¥1.4 trillion | ¥421.3 billion | 0.13% | ¥139K/m² |
| 125 | Kasukabe City Saitama |
¥1.8 trillion | $11.4B | ¥1.4 trillion | ¥439.6 billion | 0.13% | ¥87K/m² |
| 126 | Nishio City Aichi |
¥1.8 trillion | $11.3B | ¥1.3 trillion | ¥443.3 billion | 0.13% | ¥63K/m² |
| 127 | Saga City Saga |
¥1.7 trillion | $11.0B | ¥1.2 trillion | ¥497.6 billion | 0.12% | ¥45K/m² |
| 128 | Asahikawa City Hokkaido |
¥1.7 trillion | $11.0B | ¥1.1 trillion | ¥674.6 billion | 0.12% | ¥21K/m² |
| 129 | Asaka City Saitama |
¥1.7 trillion | $10.9B | ¥1.4 trillion | ¥323.7 billion | 0.12% | ¥274K/m² |
| 130 | Tokai City Aichi |
¥1.7 trillion | $10.7B | ¥1.3 trillion | ¥339.8 billion | 0.12% | ¥110K/m² |
| 131 | Isesaki City Gunma |
¥1.7 trillion | $10.6B | ¥1.2 trillion | ¥508.2 billion | 0.12% | ¥33K/m² |
| 132 | Ashiya City Hyogo |
¥1.7 trillion | $10.5B | ¥1.4 trillion | ¥299.3 billion | 0.12% | ¥401K/m² |
| 133 | Uji City Kyoto |
¥1.6 trillion | $10.3B | ¥1.3 trillion | ¥331.3 billion | 0.12% | ¥124K/m² |
| 134 | Aomori City Aomori |
¥1.6 trillion | $10.2B | ¥1.1 trillion | ¥543.2 billion | 0.12% | ¥35K/m² |
| 135 | Kumagaya City Saitama |
¥1.6 trillion | $10.0B | ¥1.1 trillion | ¥470.4 billion | 0.11% | ¥51K/m² |
| 136 | Higashihiroshima City Hiroshima |
¥1.6 trillion | $9.9B | ¥1.1 trillion | ¥494.2 billion | 0.11% | ¥47K/m² |
| 137 | Hakodate City Hokkaido |
¥1.6 trillion | $9.9B | ¥998.9 billion | ¥559.8 billion | 0.11% | ¥36K/m² |
| 138 | Higashimurayama City Tokyo |
¥1.6 trillion | $9.9B | ¥1.3 trillion | ¥260.8 billion | 0.11% | ¥210K/m² |
| 139 | Shimonoseki City Yamaguchi |
¥1.5 trillion | $9.8B | ¥1.0 trillion | ¥534.7 billion | 0.11% | ¥36K/m² |
| 140 | Akishima City Tokyo |
¥1.5 trillion | $9.7B | ¥1.3 trillion | ¥265.9 billion | 0.11% | ¥210K/m² |
| 141 | Ogaki City Gifu |
¥1.5 trillion | $9.7B | ¥1.1 trillion | ¥436.8 billion | 0.11% | ¥50K/m² |
| 142 | Kofu City Yamanashi |
¥1.5 trillion | $9.6B | ¥1.1 trillion | ¥448.5 billion | 0.11% | ¥41K/m² |
| 143 | Kure City Hiroshima |
¥1.5 trillion | $9.6B | ¥1.1 trillion | ¥453.1 billion | 0.11% | ¥54K/m² |
| 144 | Misato City Saitama |
¥1.5 trillion | $9.5B | ¥1.2 trillion | ¥350.2 billion | 0.11% | ¥122K/m² |
| 145 | Matsue City Shimane |
¥1.5 trillion | $9.4B | ¥1.0 trillion | ¥463.6 billion | 0.11% | ¥45K/m² |
| 146 | Kusatsu City Shiga |
¥1.5 trillion | $9.4B | ¥1.1 trillion | ¥403.2 billion | 0.11% | ¥123K/m² |
| 147 | Kishiwada City Osaka |
¥1.5 trillion | $9.4B | ¥1.1 trillion | ¥355.1 billion | 0.11% | ¥91K/m² |
| 148 | Higashikurume City Tokyo |
¥1.5 trillion | $9.3B | ¥1.3 trillion | ¥207.2 billion | 0.11% | ¥229K/m² |
| 149 | Hachinohe City Aomori |
¥1.5 trillion | $9.3B | ¥1.0 trillion | ¥433.8 billion | 0.11% | ¥33K/m² |
| 150 | Iwata City Shizuoka |
¥1.5 trillion | $9.2B | ¥1.0 trillion | ¥436.6 billion | 0.10% | ¥49K/m² |
| 151 | Okinawa City Okinawa |
¥1.5 trillion | $9.2B | ¥1.1 trillion | ¥322.6 billion | 0.10% | ¥89K/m² |
| 152 | Suzuka City Mie |
¥1.4 trillion | $9.1B | ¥977.6 billion | ¥460.8 billion | 0.10% | ¥38K/m² |
| 153 | Oyama City Tochigi |
¥1.4 trillion | $9.0B | ¥1.0 trillion | ¥422.7 billion | 0.10% | ¥41K/m² |
| 154 | Sayama City Saitama |
¥1.4 trillion | $9.0B | ¥1.1 trillion | ¥316.5 billion | 0.10% | ¥113K/m² |
| 155 | Hadano City Kanagawa |
¥1.4 trillion | $9.0B | ¥1.1 trillion | ¥324.5 billion | 0.10% | ¥83K/m² |
| 156 | Iruma City Saitama |
¥1.4 trillion | $9.0B | ¥1.1 trillion | ¥298.2 billion | 0.10% | ¥106K/m² |
| 157 | Oume City Tokyo |
¥1.4 trillion | $8.9B | ¥1.1 trillion | ¥299.6 billion | 0.10% | ¥96K/m² |
| 158 | Urasoe City Okinawa |
¥1.4 trillion | $8.8B | ¥1.1 trillion | ¥313.4 billion | 0.10% | ¥164K/m² |
| 159 | Zama City Kanagawa |
¥1.4 trillion | $8.8B | ¥1.1 trillion | ¥315.3 billion | 0.10% | ¥165K/m² |
| 160 | Kuki City Saitama |
¥1.4 trillion | $8.6B | ¥962.4 billion | ¥403.2 billion | 0.10% | ¥60K/m² |
| 161 | Inazawa City Aichi |
¥1.4 trillion | $8.6B | ¥1.0 trillion | ¥339.4 billion | 0.10% | ¥85K/m² |
| 162 | Sasebo City Nagasaki |
¥1.4 trillion | $8.6B | ¥854.4 billion | ¥501.4 billion | 0.10% | ¥34K/m² |
| 163 | Izumi City Osaka |
¥1.4 trillion | $8.6B | ¥964.2 billion | ¥390.5 billion | 0.10% | ¥82K/m² |
| 164 | Noda City Chiba |
¥1.4 trillion | $8.6B | ¥973.7 billion | ¥380.6 billion | 0.10% | ¥56K/m² |
| 165 | Fujimino City Saitama |
¥1.3 trillion | $8.4B | ¥1.1 trillion | ¥239.8 billion | 0.10% | ¥210K/m² |
| 166 | Kunitachi City Tokyo |
¥1.3 trillion | $8.4B | ¥1.1 trillion | ¥178.4 billion | 0.10% | ¥422K/m² |
| 167 | Fujieda City Shizuoka |
¥1.3 trillion | $8.3B | ¥989.5 billion | ¥325.8 billion | 0.10% | ¥61K/m² |
| 168 | Takaoka City Toyama |
¥1.3 trillion | $8.3B | ¥897.3 billion | ¥417.5 billion | 0.10% | ¥30K/m² |
| 169 | Yamaguchi City Yamaguchi |
¥1.3 trillion | $8.3B | ¥850.6 billion | ¥458.1 billion | 0.09% | ¥31K/m² |
| 170 | Inagi City Tokyo |
¥1.3 trillion | $8.3B | ¥1.1 trillion | ¥214.6 billion | 0.09% | ¥268K/m² |
| 171 | Hitachi City Ibaraki |
¥1.3 trillion | $8.2B | ¥905.6 billion | ¥391.4 billion | 0.09% | ¥34K/m² |
| 172 | Sakura City Chiba |
¥1.3 trillion | $8.2B | ¥957.2 billion | ¥338.4 billion | 0.09% | ¥68K/m² |
| 173 | Handa City Aichi |
¥1.3 trillion | $8.1B | ¥965.7 billion | ¥320.3 billion | 0.09% | ¥82K/m² |
| 174 | Obu City Aichi |
¥1.3 trillion | $8.1B | ¥1.0 trillion | ¥256.2 billion | 0.09% | ¥157K/m² |
| 175 | Moriguchi City Osaka |
¥1.3 trillion | $8.1B | ¥941.3 billion | ¥333.5 billion | 0.09% | ¥190K/m² |
| 176 | Tottori City Tottori |
¥1.3 trillion | $8.0B | ¥876.6 billion | ¥393.8 billion | 0.09% | ¥33K/m² |
| 177 | Kakamigahara City Gifu |
¥1.2 trillion | $7.9B | ¥904.3 billion | ¥345.1 billion | 0.09% | ¥47K/m² |
| 178 | Kawanishi City Hyogo |
¥1.2 trillion | $7.9B | ¥936.6 billion | ¥305.8 billion | 0.09% | ¥99K/m² |
| 179 | Fujimi City Saitama |
¥1.2 trillion | $7.8B | ¥1.0 trillion | ¥212.9 billion | 0.09% | ¥208K/m² |
| 180 | Yashio City Saitama |
¥1.2 trillion | $7.8B | ¥1.0 trillion | ¥226.3 billion | 0.09% | ¥138K/m² |
| 181 | Nisshin City Aichi |
¥1.2 trillion | $7.7B | ¥968.6 billion | ¥250.9 billion | 0.09% | ¥153K/m² |
| 182 | Mishima City Shizuoka |
¥1.2 trillion | $7.7B | ¥984.1 billion | ¥234.8 billion | 0.09% | ¥106K/m² |
| 183 | Kuwana City Mie |
¥1.2 trillion | $7.6B | ¥864.1 billion | ¥340.3 billion | 0.09% | ¥53K/m² |
| 184 | Onojo City Fukuoka |
¥1.2 trillion | $7.6B | ¥963.6 billion | ¥229.3 billion | 0.09% | ¥164K/m² |
| 185 | Joetsu City Niigata |
¥1.2 trillion | $7.5B | ¥753.8 billion | ¥436.3 billion | 0.09% | ¥19K/m² |
| 186 | Isehara City Kanagawa |
¥1.2 trillion | $7.4B | ¥916.1 billion | ¥253.4 billion | 0.08% | ¥120K/m² |
| 187 | Komae City Tokyo |
¥1.2 trillion | $7.4B | ¥1.0 trillion | ¥139.1 billion | 0.08% | ¥388K/m² |
| 188 | Wako City Saitama |
¥1.2 trillion | $7.4B | ¥942.8 billion | ¥219.9 billion | 0.08% | ¥294K/m² |
| 189 | Ikeda City Osaka |
¥1.2 trillion | $7.3B | ¥924.7 billion | ¥233.4 billion | 0.08% | ¥203K/m² |
| 190 | Settsu City Osaka |
¥1.1 trillion | $7.3B | ¥916.4 billion | ¥231.9 billion | 0.08% | ¥173K/m² |
| 191 | Inzai City Chiba |
¥1.1 trillion | $7.2B | ¥643.6 billion | ¥495.5 billion | 0.08% | ¥51K/m² |
| 192 | Ginowan City Okinawa |
¥1.1 trillion | $7.2B | ¥900.5 billion | ¥237.1 billion | 0.08% | ¥147K/m² |
| 193 | Kisarazu City Chiba |
¥1.1 trillion | $7.2B | ¥809.8 billion | ¥322.4 billion | 0.08% | ¥40K/m² |
| 194 | Izumo City Shimane |
¥1.1 trillion | $7.1B | ¥738.4 billion | ¥387.1 billion | 0.08% | ¥25K/m² |
| 195 | Kasuga City Fukuoka |
¥1.1 trillion | $7.1B | ¥904.4 billion | ¥213.0 billion | 0.08% | ¥165K/m² |
| 196 | Yaizu City Shizuoka |
¥1.1 trillion | $7.1B | ¥781.8 billion | ¥335.3 billion | 0.08% | ¥47K/m² |
| 197 | Kadoma City Osaka |
¥1.1 trillion | $7.0B | ¥833.4 billion | ¥278.9 billion | 0.08% | ¥135K/m² |
| 198 | Hitachinaka City Ibaraki |
¥1.1 trillion | $7.0B | ¥733.8 billion | ¥374.7 billion | 0.08% | ¥33K/m² |
| 199 | Tomakomai City Hokkaido |
¥1.1 trillion | $6.9B | ¥645.5 billion | ¥440.5 billion | 0.08% | ¥21K/m² |
| 200 | Obihiro City Hokkaido |
¥1.1 trillion | $6.9B | ¥702.3 billion | ¥381.6 billion | 0.08% | ¥36K/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.