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)

Rank	Area	Total value	≈ USD	Land	Buildings	Share of Japan	Avg. residential
301	Inuyama City Aichi	¥696.5 billion	$4.4B	¥518.8 billion	¥177.7 billion	0.05%	¥64K/m²
302	Moriya City Ibaraki	¥693.5 billion	$4.4B	¥520.8 billion	¥172.7 billion	0.05%	¥133K/m²
303	Imizu City Toyama	¥690.2 billion	$4.4B	¥475.2 billion	¥215.1 billion	0.05%	¥30K/m²
304	Takayama City Gifu	¥687.8 billion	$4.4B	¥474.9 billion	¥212.9 billion	0.05%	¥34K/m²
305	Katano City Osaka	¥687.1 billion	$4.4B	¥527.2 billion	¥160.0 billion	0.05%	¥117K/m²
306	Okegawa City Saitama	¥686.1 billion	$4.3B	¥525.7 billion	¥160.5 billion	0.05%	¥95K/m²
307	Itoshima City Fukuoka	¥685.7 billion	$4.3B	¥484.1 billion	¥201.6 billion	0.05%	¥50K/m²
308	Chikusei City Ibaraki	¥685.0 billion	$4.3B	¥433.2 billion	¥251.7 billion	0.05%	¥21K/m²
309	Sodegaura City Chiba	¥682.5 billion	$4.3B	¥505.8 billion	¥176.7 billion	0.05%	¥58K/m²
310	Kani City Gifu	¥675.8 billion	$4.3B	¥433.9 billion	¥241.9 billion	0.05%	¥32K/m²
311	Takaishi City Osaka	¥674.5 billion	$4.3B	¥556.7 billion	¥117.8 billion	0.05%	¥143K/m²
312	Samukawa Town Kanagawa	¥673.5 billion	$4.3B	¥555.5 billion	¥118.0 billion	0.05%	¥132K/m²
313	Muko City Kyoto	¥667.7 billion	$4.2B	¥553.4 billion	¥114.3 billion	0.05%	¥212K/m²
314	Yotsukaido City Chiba	¥664.5 billion	$4.2B	¥482.6 billion	¥182.0 billion	0.05%	¥67K/m²
315	Kashiba City Nara	¥660.2 billion	$4.2B	¥530.6 billion	¥129.5 billion	0.05%	¥82K/m²
316	Sanjo City Niigata	¥658.1 billion	$4.2B	¥441.0 billion	¥217.2 billion	0.05%	¥25K/m²
317	Dazaifu City Fukuoka	¥657.3 billion	$4.2B	¥525.5 billion	¥131.8 billion	0.05%	¥93K/m²
318	Izumiotsu City Osaka	¥657.2 billion	$4.2B	¥492.9 billion	¥164.3 billion	0.05%	¥114K/m²
319	Azumino City Nagano	¥655.3 billion	$4.1B	¥447.0 billion	¥208.2 billion	0.05%	¥26K/m²
320	Nagaizumi Town Shizuoka	¥655.0 billion	$4.1B	¥517.1 billion	¥137.9 billion	0.05%	¥121K/m²
321	Koka City Shiga	¥654.4 billion	$4.1B	¥395.4 billion	¥259.1 billion	0.05%	¥22K/m²
322	Tsurugashima City Saitama	¥652.1 billion	$4.1B	¥504.7 billion	¥147.5 billion	0.05%	¥97K/m²
323	Yoshikawa City Saitama	¥651.6 billion	$4.1B	¥507.6 billion	¥144.1 billion	0.05%	¥98K/m²
324	Tomigusuku City Okinawa	¥651.0 billion	$4.1B	¥482.6 billion	¥168.4 billion	0.05%	¥123K/m²
325	Tsuruoka City Yamagata	¥646.9 billion	$4.1B	¥403.7 billion	¥243.2 billion	0.05%	¥17K/m²
326	Joyo City Kyoto	¥644.8 billion	$4.1B	¥520.7 billion	¥124.1 billion	0.05%	¥107K/m²
327	Kawachinagano City Osaka	¥642.4 billion	$4.1B	¥480.6 billion	¥161.8 billion	0.05%	¥64K/m²
328	Mooka City Tochigi	¥638.3 billion	$4.0B	¥420.5 billion	¥217.8 billion	0.05%	¥24K/m²
329	Omihachiman City Shiga	¥637.5 billion	$4.0B	¥447.1 billion	¥190.3 billion	0.05%	¥50K/m²
330	Mihara City Hiroshima	¥637.4 billion	$4.0B	¥438.1 billion	¥199.3 billion	0.05%	¥34K/m²
331	Toride City Ibaraki	¥635.6 billion	$4.0B	¥420.3 billion	¥215.2 billion	0.05%	¥45K/m²
332	Kizugawa City Kyoto	¥635.5 billion	$4.0B	¥461.0 billion	¥174.5 billion	0.05%	¥61K/m²
333	Saku City Nagano	¥633.1 billion	$4.0B	¥417.1 billion	¥216.0 billion	0.05%	¥26K/m²
334	Chatan Town Okinawa	¥631.6 billion	$4.0B	¥515.4 billion	¥116.2 billion	0.04%	¥175K/m²
335	Kiryu City Gunma	¥625.2 billion	$4.0B	¥428.3 billion	¥196.9 billion	0.04%	¥24K/m²
336	Tsuyama City Okayama	¥624.1 billion	$4.0B	¥409.6 billion	¥214.6 billion	0.04%	¥20K/m²
337	Honjo City Saitama	¥619.3 billion	$3.9B	¥425.3 billion	¥194.0 billion	0.04%	¥39K/m²
338	Iida City Nagano	¥618.1 billion	$3.9B	¥409.0 billion	¥209.1 billion	0.04%	¥21K/m²
339	Karatsu City Saga	¥617.4 billion	$3.9B	¥395.3 billion	¥222.0 billion	0.04%	¥23K/m²
340	Nonoichi City Ishikawa	¥616.2 billion	$3.9B	¥486.3 billion	¥129.9 billion	0.04%	¥92K/m²
341	Ushiku City Ibaraki	¥612.7 billion	$3.9B	¥430.0 billion	¥182.7 billion	0.04%	¥49K/m²
342	Mobara City Chiba	¥611.5 billion	$3.9B	¥417.0 billion	¥194.4 billion	0.04%	¥26K/m²
343	Fussa City Tokyo	¥611.4 billion	$3.9B	¥508.1 billion	¥103.4 billion	0.04%	¥173K/m²
344	Iga City Mie	¥609.6 billion	$3.9B	¥368.4 billion	¥241.2 billion	0.04%	¥21K/m²
345	Ito City Shizuoka	¥607.6 billion	$3.8B	¥399.9 billion	¥207.7 billion	0.04%	¥45K/m²
346	Omura City Nagasaki	¥603.1 billion	$3.8B	¥394.5 billion	¥208.6 billion	0.04%	¥38K/m²
347	Tatebayashi City Gunma	¥602.6 billion	$3.8B	¥413.0 billion	¥189.6 billion	0.04%	¥32K/m²
348	Susono City Shizuoka	¥602.4 billion	$3.8B	¥458.6 billion	¥143.9 billion	0.04%	¥71K/m²
349	Kameoka City Kyoto	¥602.4 billion	$3.8B	¥441.0 billion	¥161.4 billion	0.04%	¥78K/m²
350	Yawata City Kyoto	¥601.6 billion	$3.8B	¥464.5 billion	¥137.1 billion	0.04%	¥84K/m²
351	Seki City Gifu	¥600.6 billion	$3.8B	¥400.4 billion	¥200.2 billion	0.04%	¥24K/m²
352	Oshu City Iwate	¥595.5 billion	$3.8B	¥373.2 billion	¥222.4 billion	0.04%	¥18K/m²
353	Omuta City Fukuoka	¥593.5 billion	$3.8B	¥362.0 billion	¥231.4 billion	0.04%	¥23K/m²
354	Yatomi City Aichi	¥591.1 billion	$3.7B	¥396.3 billion	¥194.7 billion	0.04%	¥62K/m²
355	Miyoshi Town Saitama	¥590.2 billion	$3.7B	¥466.8 billion	¥123.4 billion	0.04%	¥164K/m²
356	Tsubame City Niigata	¥588.9 billion	$3.7B	¥393.5 billion	¥195.4 billion	0.04%	¥29K/m²
357	Echizen City Fukui	¥585.8 billion	$3.7B	¥363.6 billion	¥222.2 billion	0.04%	¥26K/m²
358	Sakai City Fukui	¥580.9 billion	$3.7B	¥362.5 billion	¥218.4 billion	0.04%	¥26K/m²
359	Tahara City Aichi	¥579.6 billion	$3.7B	¥404.2 billion	¥175.4 billion	0.04%	¥33K/m²
360	Sakata City Yamagata	¥579.4 billion	$3.7B	¥368.8 billion	¥210.6 billion	0.04%	¥21K/m²
361	Munakata City Fukuoka	¥575.5 billion	$3.6B	¥394.5 billion	¥180.9 billion	0.04%	¥34K/m²
362	Miki City Hyogo	¥574.5 billion	$3.6B	¥397.1 billion	¥177.4 billion	0.04%	¥30K/m²
363	Takahama City Aichi	¥571.9 billion	$3.6B	¥453.5 billion	¥118.5 billion	0.04%	¥96K/m²
364	Ichinoseki City Iwate	¥568.8 billion	$3.6B	¥361.1 billion	¥207.7 billion	0.04%	¥17K/m²
365	Kaizuka City Osaka	¥568.4 billion	$3.6B	¥400.1 billion	¥168.2 billion	0.04%	¥60K/m²
366	Hasuda City Saitama	¥567.3 billion	$3.6B	¥441.2 billion	¥126.1 billion	0.04%	¥94K/m²
367	Otaru City Hokkaido	¥566.5 billion	$3.6B	¥284.5 billion	¥282.0 billion	0.04%	¥17K/m²
368	Kitahiroshima City Hokkaido	¥564.5 billion	$3.6B	¥360.3 billion	¥204.2 billion	0.04%	¥46K/m²
369	Kitamoto City Saitama	¥564.0 billion	$3.6B	¥424.9 billion	¥139.1 billion	0.04%	¥88K/m²
370	Higashiura Town Aichi	¥563.7 billion	$3.6B	¥438.6 billion	¥125.1 billion	0.04%	¥92K/m²
371	Shibata City Niigata	¥560.0 billion	$3.5B	¥365.7 billion	¥194.3 billion	0.04%	¥23K/m²
372	Sennan City Osaka	¥557.6 billion	$3.5B	¥433.8 billion	¥123.8 billion	0.04%	¥42K/m²
373	Itoman City Okinawa	¥556.7 billion	$3.5B	¥406.2 billion	¥150.4 billion	0.04%	¥70K/m²
374	Kashiwazaki City Niigata	¥556.0 billion	$3.5B	¥315.5 billion	¥240.5 billion	0.04%	¥19K/m²
375	Fukuchiyama City Kyoto	¥555.8 billion	$3.5B	¥377.5 billion	¥178.4 billion	0.04%	¥32K/m²
376	Aikawa Town Kanagawa	¥554.7 billion	$3.5B	¥402.9 billion	¥151.8 billion	0.04%	¥49K/m²
377	Tsuruga City Fukui	¥553.9 billion	$3.5B	¥355.0 billion	¥199.0 billion	0.04%	¥45K/m²
378	Shibukawa City Gunma	¥553.1 billion	$3.5B	¥390.9 billion	¥162.1 billion	0.04%	¥25K/m²
379	Kitami City Hokkaido	¥550.1 billion	$3.5B	¥307.6 billion	¥242.4 billion	0.04%	¥14K/m²
380	Tatsuno City Hyogo	¥548.8 billion	$3.5B	¥382.4 billion	¥166.4 billion	0.04%	¥40K/m²
381	Hashima City Gifu	¥547.2 billion	$3.5B	¥398.2 billion	¥148.9 billion	0.04%	¥37K/m²
382	Hanamaki City Iwate	¥545.9 billion	$3.5B	¥347.4 billion	¥198.5 billion	0.04%	¥18K/m²
383	Shiojiri City Nagano	¥540.9 billion	$3.4B	¥384.8 billion	¥156.1 billion	0.04%	¥40K/m²
384	Shimotsuke City Tochigi	¥539.7 billion	$3.4B	¥398.3 billion	¥141.4 billion	0.04%	¥44K/m²
385	Kai City Yamanashi	¥538.9 billion	$3.4B	¥392.8 billion	¥146.1 billion	0.04%	¥35K/m²
386	Aisai City Aichi	¥537.4 billion	$3.4B	¥400.7 billion	¥136.7 billion	0.04%	¥52K/m²
387	Kasuya Town Fukuoka	¥537.3 billion	$3.4B	¥400.1 billion	¥137.1 billion	0.04%	¥102K/m²
388	Maizuru City Kyoto	¥534.8 billion	$3.4B	¥389.9 billion	¥144.9 billion	0.04%	¥40K/m²
389	Anan City Tokushima	¥525.9 billion	$3.3B	¥321.7 billion	¥204.2 billion	0.04%	¥31K/m²
390	Nikko City Tochigi	¥525.9 billion	$3.3B	¥323.4 billion	¥202.5 billion	0.04%	¥16K/m²
391	Tsushima City Aichi	¥523.8 billion	$3.3B	¥389.3 billion	¥134.5 billion	0.04%	¥59K/m²
392	Koga City Fukuoka	¥521.4 billion	$3.3B	¥389.6 billion	¥131.8 billion	0.04%	¥79K/m²
393	Fuchu Town Hiroshima	¥519.8 billion	$3.3B	¥407.2 billion	¥112.6 billion	0.04%	¥188K/m²
394	Shiroi City Chiba	¥516.8 billion	$3.3B	¥368.4 billion	¥148.3 billion	0.04%	¥79K/m²
395	Satsumasendai City Kagoshima	¥516.6 billion	$3.3B	¥285.1 billion	¥231.5 billion	0.04%	¥12K/m²
396	Gyoda City Saitama	¥516.1 billion	$3.3B	¥353.6 billion	¥162.5 billion	0.04%	¥32K/m²
397	Togo Town Aichi	¥513.9 billion	$3.3B	¥406.1 billion	¥107.8 billion	0.04%	¥115K/m²
398	Tagajo City Miyagi	¥512.8 billion	$3.2B	¥384.7 billion	¥128.1 billion	0.04%	¥82K/m²
399	Fukutsu City Fukuoka	¥507.9 billion	$3.2B	¥368.5 billion	¥139.4 billion	0.04%	¥61K/m²
400	Kikuyo Town Kumamoto	¥506.7 billion	$3.2B	¥315.9 billion	¥190.7 billion	0.04%	¥77K/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.