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
701	Uto City Kumamoto	¥211.3 billion	$1.3B	¥141.5 billion	¥69.7 billion	0.01%	¥39K/m²
702	Amami City Kagoshima	¥210.9 billion	$1.3B	¥144.3 billion	¥66.6 billion	0.01%	¥42K/m²
703	Tarui Town Gifu	¥210.8 billion	$1.3B	¥148.2 billion	¥62.5 billion	0.01%	¥34K/m²
704	Asakuchi City Okayama	¥210.7 billion	$1.3B	¥148.9 billion	¥61.9 billion	0.01%	¥29K/m²
705	Shiso City Hyogo	¥209.1 billion	$1.3B	¥140.2 billion	¥68.9 billion	0.01%	¥21K/m²
706	Yasugi City Shimane	¥208.9 billion	$1.3B	¥143.7 billion	¥65.2 billion	0.01%	¥19K/m²
707	Isumi City Chiba	¥208.1 billion	$1.3B	¥142.5 billion	¥65.6 billion	0.01%	¥13K/m²
708	Ibara City Okayama	¥207.9 billion	$1.3B	¥138.7 billion	¥69.1 billion	0.01%	¥17K/m²
709	Higashimatsushima City Miyagi	¥207.7 billion	$1.3B	¥145.7 billion	¥62.0 billion	0.01%	¥30K/m²
710	Mutsu City Aomori	¥207.2 billion	$1.3B	¥117.0 billion	¥90.2 billion	0.01%	¥9,436/m²
711	Kamisato Town Saitama	¥207.1 billion	$1.3B	¥133.0 billion	¥74.1 billion	0.01%	¥31K/m²
712	Ofunato City Iwate	¥207.0 billion	$1.3B	¥131.9 billion	¥75.1 billion	0.01%	¥23K/m²
713	Kitajima Town Tokushima	¥206.8 billion	$1.3B	¥147.7 billion	¥59.1 billion	0.01%	¥50K/m²
714	Nakama City Fukuoka	¥206.7 billion	$1.3B	¥143.9 billion	¥62.8 billion	0.01%	¥28K/m²
715	Yugawara Town Kanagawa	¥206.6 billion	$1.3B	¥135.3 billion	¥71.3 billion	0.01%	¥69K/m²
716	Bizen City Okayama	¥206.1 billion	$1.3B	¥132.8 billion	¥73.2 billion	0.01%	¥18K/m²
717	Kawajima Town Saitama	¥205.0 billion	$1.3B	¥134.3 billion	¥70.7 billion	0.01%	¥31K/m²
718	Tsuru City Yamanashi	¥204.6 billion	$1.3B	¥148.3 billion	¥56.2 billion	0.01%	¥39K/m²
719	Goshogawara City Aomori	¥204.5 billion	$1.3B	¥119.3 billion	¥85.2 billion	0.01%	¥12K/m²
720	Ojiya City Niigata	¥204.2 billion	$1.3B	¥121.8 billion	¥82.4 billion	0.01%	¥24K/m²
721	Yamanashi City Yamanashi	¥201.3 billion	$1.3B	¥139.9 billion	¥61.3 billion	0.01%	¥22K/m²
722	Ibaraki Town Ibaraki	¥201.1 billion	$1.3B	¥126.9 billion	¥74.2 billion	0.01%	¥16K/m²
723	Hitachiomiya City Ibaraki	¥200.3 billion	$1.3B	¥120.6 billion	¥79.6 billion	0.01%	¥13K/m²
724	Nogi Town Tochigi	¥199.7 billion	$1.3B	¥135.3 billion	¥64.4 billion	0.01%	¥33K/m²
725	Komagane City Nagano	¥199.5 billion	$1.3B	¥116.4 billion	¥83.1 billion	0.01%	¥19K/m²
726	Ibusuki City Kagoshima	¥199.2 billion	$1.3B	¥109.9 billion	¥89.3 billion	0.01%	¥11K/m²
727	Moroyama Town Saitama	¥198.7 billion	$1.3B	¥135.9 billion	¥62.8 billion	0.01%	¥37K/m²
728	Noboribetsu City Hokkaido	¥197.9 billion	$1.3B	¥112.6 billion	¥85.2 billion	0.01%	¥14K/m²
729	Haga Town Tochigi	¥197.8 billion	$1.3B	¥101.3 billion	¥96.4 billion	0.01%	¥19K/m²
730	Minamiboso City Chiba	¥196.8 billion	$1.2B	¥122.4 billion	¥74.4 billion	0.01%	¥13K/m²
731	Shinjo City Yamagata	¥196.7 billion	$1.2B	¥116.3 billion	¥80.4 billion	0.01%	¥23K/m²
732	Oyabe City Toyama	¥196.3 billion	$1.2B	¥114.8 billion	¥81.5 billion	0.01%	¥22K/m²
733	Yaita City Tochigi	¥195.4 billion	$1.2B	¥123.6 billion	¥71.8 billion	0.01%	¥20K/m²
734	Kamogawa City Chiba	¥195.1 billion	$1.2B	¥103.5 billion	¥91.6 billion	0.01%	¥21K/m²
735	Inashiki City Ibaraki	¥194.8 billion	$1.2B	¥110.4 billion	¥84.4 billion	0.01%	¥8,341/m²
736	Sakai Town Ibaraki	¥194.6 billion	$1.2B	¥132.5 billion	¥62.1 billion	0.01%	¥21K/m²
737	Ayabe City Kyoto	¥194.4 billion	$1.2B	¥128.4 billion	¥66.0 billion	0.01%	¥28K/m²
738	Unzen City Nagasaki	¥193.9 billion	$1.2B	¥111.5 billion	¥82.4 billion	0.01%	¥13K/m²
739	Aioi City Hyogo	¥193.4 billion	$1.2B	¥135.2 billion	¥58.2 billion	0.01%	¥40K/m²
740	Watari Town Miyagi	¥192.8 billion	$1.2B	¥130.6 billion	¥62.2 billion	0.01%	¥27K/m²
741	Zentsuji City Kagawa	¥192.7 billion	$1.2B	¥133.6 billion	¥59.1 billion	0.01%	¥25K/m²
742	Kaminoyama City Yamagata	¥192.1 billion	$1.2B	¥111.9 billion	¥80.2 billion	0.01%	¥24K/m²
743	Kahoku City Ishikawa	¥191.7 billion	$1.2B	¥115.5 billion	¥76.2 billion	0.01%	¥25K/m²
744	Okawa City Fukuoka	¥189.7 billion	$1.2B	¥117.4 billion	¥72.3 billion	0.01%	¥18K/m²
745	Hinode Town Tokyo	¥189.5 billion	$1.2B	¥148.8 billion	¥40.7 billion	0.01%	¥78K/m²
746	Oura Town Gunma	¥189.0 billion	$1.2B	¥125.8 billion	¥63.2 billion	0.01%	¥24K/m²
747	Yoro Town Gifu	¥187.1 billion	$1.2B	¥133.8 billion	¥53.3 billion	0.01%	¥21K/m²
748	Awa City Tokushima	¥186.5 billion	$1.2B	¥120.8 billion	¥65.6 billion	0.01%	¥11K/m²
749	Nantan City Kyoto	¥185.5 billion	$1.2B	¥127.8 billion	¥57.8 billion	0.01%	¥28K/m²
750	Ogawa Town Saitama	¥184.9 billion	$1.2B	¥129.6 billion	¥55.2 billion	0.01%	¥26K/m²
751	Shiwa Town Iwate	¥184.7 billion	$1.2B	¥126.8 billion	¥58.0 billion	0.01%	¥38K/m²
752	Chikuzen Town Fukuoka	¥184.3 billion	$1.2B	¥126.1 billion	¥58.2 billion	0.01%	¥32K/m²
753	Tomi City Nagano	¥183.2 billion	$1.2B	¥120.5 billion	¥62.7 billion	0.01%	¥22K/m²
754	Awara City Fukui	¥182.8 billion	$1.2B	¥98.9 billion	¥83.9 billion	0.01%	¥20K/m²
755	Koshu City Yamanashi	¥182.8 billion	$1.2B	¥128.7 billion	¥54.1 billion	0.01%	¥20K/m²
756	Miyawaka City Fukuoka	¥182.0 billion	$1.2B	¥98.1 billion	¥83.9 billion	0.01%	¥13K/m²
757	Sosa City Chiba	¥181.9 billion	$1.2B	¥118.6 billion	¥63.3 billion	0.01%	¥18K/m²
758	Takehara City Hiroshima	¥181.9 billion	$1.2B	¥121.5 billion	¥60.4 billion	0.01%	¥31K/m²
759	Kasamatsu Town Gifu	¥181.8 billion	$1.2B	¥137.7 billion	¥44.1 billion	0.01%	¥41K/m²
760	Namegawa Town Saitama	¥180.5 billion	$1.1B	¥132.0 billion	¥48.5 billion	0.01%	¥52K/m²
761	Myoko City Niigata	¥180.4 billion	$1.1B	¥88.3 billion	¥92.1 billion	0.01%	¥12K/m²
762	Shimanto City Kochi	¥179.5 billion	$1.1B	¥116.0 billion	¥63.5 billion	0.01%	¥25K/m²
763	Yoshioka Town Gunma	¥179.1 billion	$1.1B	¥121.9 billion	¥57.2 billion	0.01%	¥33K/m²
764	Toin Town Mie	¥178.8 billion	$1.1B	¥119.1 billion	¥59.7 billion	0.01%	¥31K/m²
765	Konan City Kochi	¥178.5 billion	$1.1B	¥117.2 billion	¥61.3 billion	0.01%	¥26K/m²
766	Fukusaki Town Hyogo	¥177.8 billion	$1.1B	¥117.3 billion	¥60.5 billion	0.01%	¥38K/m²
767	Kanzaki City Saga	¥177.8 billion	$1.1B	¥114.4 billion	¥63.4 billion	0.01%	¥15K/m²
768	Miyama City Fukuoka	¥177.4 billion	$1.1B	¥113.8 billion	¥63.6 billion	0.01%	¥16K/m²
769	Okagaki Town Fukuoka	¥176.7 billion	$1.1B	¥121.9 billion	¥54.9 billion	0.01%	¥29K/m²
770	Usuki City Oita	¥176.6 billion	$1.1B	¥113.2 billion	¥63.4 billion	0.01%	¥24K/m²
771	Obama City Fukui	¥174.6 billion	$1.1B	¥113.7 billion	¥60.9 billion	0.01%	¥33K/m²
772	Minamishimabara City Nagasaki	¥174.3 billion	$1.1B	¥101.2 billion	¥73.1 billion	0.01%	¥12K/m²
773	Kawagoe Town Mie	¥172.5 billion	$1.1B	¥121.6 billion	¥51.0 billion	0.01%	¥46K/m²
774	Sakaiminato City Tottori	¥170.6 billion	$1.1B	¥102.3 billion	¥68.3 billion	0.01%	¥15K/m²
775	Tamura City Fukushima	¥170.0 billion	$1.1B	¥106.1 billion	¥63.9 billion	0.01%	¥9,574/m²
776	Asago City Hyogo	¥169.4 billion	$1.1B	¥104.5 billion	¥64.9 billion	0.01%	¥22K/m²
777	Yuzawa City Akita	¥168.3 billion	$1.1B	¥90.4 billion	¥78.0 billion	0.01%	¥9,329/m²
778	Omachi City Nagano	¥168.0 billion	$1.1B	¥100.5 billion	¥67.4 billion	0.01%	¥11K/m²
779	Shiroishi City Miyagi	¥167.9 billion	$1.1B	¥103.8 billion	¥64.1 billion	0.01%	¥18K/m²
780	Nishigo Village Fukushima	¥167.4 billion	$1.1B	¥86.7 billion	¥80.6 billion	0.01%	¥20K/m²
781	Kiyama Town Saga	¥167.4 billion	$1.1B	¥123.1 billion	¥44.3 billion	0.01%	¥42K/m²
782	Arida City Wakayama	¥167.2 billion	$1.1B	¥122.1 billion	¥45.2 billion	0.01%	¥30K/m²
783	Date City Hokkaido	¥167.0 billion	$1.1B	¥105.6 billion	¥61.4 billion	0.01%	¥17K/m²
784	Oji Town Nara	¥166.8 billion	$1.1B	¥119.0 billion	¥47.7 billion	0.01%	¥72K/m²
785	Ono Town Gifu	¥166.5 billion	$1.1B	¥102.1 billion	¥64.4 billion	0.01%	¥23K/m²
786	Seiro Town Niigata	¥165.8 billion	$1.0B	¥98.7 billion	¥67.1 billion	0.01%	¥12K/m²
787	Shirahama Town Wakayama	¥165.6 billion	$1.0B	¥103.0 billion	¥62.6 billion	0.01%	¥27K/m²
788	Ranzan Town Saitama	¥165.3 billion	$1.0B	¥106.6 billion	¥58.7 billion	0.01%	¥37K/m²
789	Yawatahama City Ehime	¥165.2 billion	$1.0B	¥108.1 billion	¥57.1 billion	0.01%	¥40K/m²
790	Kuji City Iwate	¥164.8 billion	$1.0B	¥104.4 billion	¥60.4 billion	0.01%	¥16K/m²
791	Uonuma City Niigata	¥164.7 billion	$1.0B	¥91.7 billion	¥73.0 billion	0.01%	¥11K/m²
792	Gero City Gifu	¥164.7 billion	$1.0B	¥96.6 billion	¥68.1 billion	0.01%	¥15K/m²
793	Uenohara City Yamanashi	¥164.4 billion	$1.0B	¥119.6 billion	¥44.8 billion	0.01%	¥36K/m²
794	Nan-yo City Yamagata	¥163.8 billion	$1.0B	¥106.3 billion	¥57.5 billion	0.01%	¥19K/m²
795	Shingu City Wakayama	¥161.7 billion	$1.0B	¥116.6 billion	¥45.1 billion	0.01%	¥35K/m²
796	Seiyo City Ehime	¥161.4 billion	$1.0B	¥103.9 billion	¥57.6 billion	0.01%	¥16K/m²
797	Aridagawa Town Wakayama	¥161.3 billion	$1.0B	¥110.2 billion	¥51.1 billion	0.01%	¥29K/m²
798	Kumano Town Hiroshima	¥160.8 billion	$1.0B	¥123.8 billion	¥37.0 billion	0.01%	¥33K/m²
799	Ogawara Town Miyagi	¥158.8 billion	$1.0B	¥111.2 billion	¥47.6 billion	0.01%	¥36K/m²
800	Namegata City Ibaraki	¥158.5 billion	$1.0B	¥92.8 billion	¥65.7 billion	0.01%	¥7,026/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.