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
801	Takahagi City Ibaraki	¥158.4 billion	$1.0B	¥101.3 billion	¥57.2 billion	0.01%	¥21K/m²
802	Hino Town Shiga	¥158.3 billion	$1.0B	¥90.6 billion	¥67.7 billion	0.01%	¥16K/m²
803	Tadotsu Town Kagawa	¥158.2 billion	$1.0B	¥108.1 billion	¥50.1 billion	0.01%	¥27K/m²
804	Tainai City Niigata	¥158.0 billion	$1.0B	¥94.9 billion	¥63.1 billion	0.01%	¥13K/m²
805	Unnan City Shimane	¥157.6 billion	$998.33M	¥96.1 billion	¥61.6 billion	0.01%	¥15K/m²
806	Saka Town Hiroshima	¥156.3 billion	$989.55M	¥123.5 billion	¥32.8 billion	0.01%	¥74K/m²
807	Higashikagawa City Kagawa	¥155.9 billion	$987.10M	¥96.5 billion	¥59.4 billion	0.01%	¥17K/m²
808	Kitagata Town Gifu	¥155.7 billion	$986.04M	¥111.9 billion	¥43.8 billion	0.01%	¥46K/m²
809	Tadaoka Town Osaka	¥154.8 billion	$980.52M	¥123.3 billion	¥31.6 billion	0.01%	¥89K/m²
810	Kami City Kochi	¥153.6 billion	$972.61M	¥110.9 billion	¥42.6 billion	0.01%	¥36K/m²
811	Gobo City Wakayama	¥153.3 billion	$970.87M	¥105.0 billion	¥48.3 billion	0.01%	¥23K/m²
812	Ono City Fukui	¥153.0 billion	$968.89M	¥93.1 billion	¥59.8 billion	0.01%	¥13K/m²
813	Akitakata City Hiroshima	¥152.9 billion	$968.65M	¥92.5 billion	¥60.4 billion	0.01%	¥11K/m²
814	Shimoda City Shizuoka	¥152.8 billion	$967.70M	¥107.9 billion	¥44.9 billion	0.01%	¥50K/m²
815	Ikeda Town Gifu	¥152.5 billion	$965.73M	¥100.7 billion	¥51.8 billion	0.01%	¥24K/m²
816	Hiji Town Oita	¥152.4 billion	$965.48M	¥95.5 billion	¥56.9 billion	0.01%	¥28K/m²
817	Kakuda City Miyagi	¥152.0 billion	$962.35M	¥96.3 billion	¥55.7 billion	0.01%	¥17K/m²
818	Abashiri City Hokkaido	¥151.3 billion	$958.17M	¥78.4 billion	¥72.9 billion	0.01%	¥16K/m²
819	Hitoyoshi City Kumamoto	¥150.9 billion	$955.81M	¥88.6 billion	¥62.4 billion	0.01%	¥17K/m²
820	Aisho Town Shiga	¥150.3 billion	$952.06M	¥90.9 billion	¥59.4 billion	0.01%	¥22K/m²
821	Oda City Shimane	¥150.2 billion	$951.38M	¥93.3 billion	¥56.9 billion	0.01%	¥17K/m²
822	Hisayama Town Fukuoka	¥149.6 billion	$947.45M	¥103.9 billion	¥45.7 billion	0.01%	¥43K/m²
823	Shobara City Hiroshima	¥149.2 billion	$945.03M	¥92.7 billion	¥56.5 billion	0.01%	¥9,289/m²
824	Hayashima Town Okayama	¥149.1 billion	$944.28M	¥108.7 billion	¥40.4 billion	0.01%	¥56K/m²
825	Mizumaki Town Fukuoka	¥148.6 billion	$940.80M	¥101.1 billion	¥47.5 billion	0.01%	¥38K/m²
826	Minowa Town Nagano	¥148.1 billion	$938.25M	¥90.3 billion	¥57.8 billion	0.01%	¥20K/m²
827	Kashima City Saga	¥147.8 billion	$935.81M	¥95.5 billion	¥52.3 billion	0.01%	¥21K/m²
828	Ishii Town Tokushima	¥147.2 billion	$932.20M	¥101.8 billion	¥45.4 billion	0.01%	¥31K/m²
829	Miyaki Town Saga	¥147.2 billion	$932.12M	¥91.6 billion	¥55.6 billion	0.01%	¥23K/m²
830	Minamisatsuma City Kagoshima	¥146.6 billion	$928.52M	¥85.8 billion	¥60.8 billion	0.01%	¥8,108/m²
831	Minamikyushu City Kagoshima	¥146.3 billion	$926.39M	¥75.7 billion	¥70.6 billion	0.01%	¥8,940/m²
832	Gose City Nara	¥145.6 billion	$922.29M	¥102.7 billion	¥43.0 billion	0.01%	¥35K/m²
833	Gojo City Nara	¥145.6 billion	$922.22M	¥99.5 billion	¥46.1 billion	0.01%	¥18K/m²
834	Yoshimi Town Saitama	¥145.6 billion	$922.17M	¥88.0 billion	¥57.6 billion	0.01%	¥25K/m²
835	Utazu Town Kagawa	¥145.4 billion	$920.62M	¥88.6 billion	¥56.7 billion	0.01%	¥34K/m²
836	Nyuzen Town Toyama	¥144.0 billion	$911.98M	¥90.4 billion	¥53.6 billion	0.01%	¥21K/m²
837	Yuzawa Town Niigata	¥143.9 billion	$911.36M	¥33.2 billion	¥110.7 billion	0.01%	¥17K/m²
838	Nagato City Yamaguchi	¥143.9 billion	$911.24M	¥79.4 billion	¥64.5 billion	0.01%	¥13K/m²
839	Ayagawa Town Kagawa	¥143.4 billion	$907.92M	¥91.8 billion	¥51.5 billion	0.01%	¥19K/m²
840	Yonabaru Town Okinawa	¥142.3 billion	$901.38M	¥101.3 billion	¥41.0 billion	0.01%	¥86K/m²
841	Shisui Town Chiba	¥141.5 billion	$896.24M	¥99.4 billion	¥42.2 billion	0.01%	¥46K/m²
842	Takahashi City Okayama	¥141.4 billion	$895.45M	¥88.8 billion	¥52.6 billion	0.01%	¥16K/m²
843	Uchinada Town Ishikawa	¥141.3 billion	$894.87M	¥100.2 billion	¥41.1 billion	0.01%	¥45K/m²
844	Mima City Tokushima	¥141.0 billion	$892.85M	¥92.0 billion	¥48.9 billion	0.01%	¥14K/m²
845	Buzen City Fukuoka	¥140.6 billion	$890.54M	¥90.7 billion	¥49.9 billion	0.01%	¥18K/m²
846	Aso City Kumamoto	¥139.6 billion	$884.02M	¥81.8 billion	¥57.8 billion	0.01%	¥9,133/m²
847	Hirokawa Town Fukuoka	¥139.4 billion	$882.81M	¥92.5 billion	¥46.9 billion	0.01%	¥22K/m²
848	Ukiha City Fukuoka	¥137.9 billion	$873.44M	¥83.7 billion	¥54.3 billion	0.01%	¥15K/m²
849	Tosa City Kochi	¥137.4 billion	$870.45M	¥91.8 billion	¥45.7 billion	0.01%	¥29K/m²
850	Goka Town Ibaraki	¥137.1 billion	$868.56M	¥89.3 billion	¥47.9 billion	0.01%	¥19K/m²
851	Shibushi City Kagoshima	¥136.8 billion	$866.65M	¥61.5 billion	¥75.4 billion	0.01%	¥6,094/m²
852	Saito City Miyazaki	¥136.6 billion	$864.87M	¥87.9 billion	¥48.6 billion	0.01%	¥20K/m²
853	Nakai Town Kanagawa	¥136.4 billion	$863.59M	¥92.6 billion	¥43.8 billion	0.01%	¥44K/m²
854	Yamagata City Gifu	¥136.3 billion	$863.45M	¥88.5 billion	¥47.8 billion	0.01%	¥18K/m²
855	Shibayama Town Chiba	¥136.2 billion	$862.72M	¥84.8 billion	¥51.4 billion	0.01%	¥12K/m²
856	Nanae Town Hokkaido	¥136.0 billion	$861.46M	¥79.4 billion	¥56.7 billion	0.01%	¥20K/m²
857	Soo City Kagoshima	¥136.0 billion	$861.05M	¥73.0 billion	¥63.0 billion	0.01%	¥6,639/m²
858	Otsuki City Yamanashi	¥135.9 billion	$860.46M	¥96.6 billion	¥39.3 billion	0.01%	¥41K/m²
859	Oarai Town Ibaraki	¥135.8 billion	$860.10M	¥74.6 billion	¥61.2 billion	0.01%	¥23K/m²
860	Yachiyo Town Ibaraki	¥135.6 billion	$858.99M	¥79.1 billion	¥56.5 billion	0.01%	¥13K/m²
861	Nasukarasuyama City Tochigi	¥135.5 billion	$858.17M	¥85.6 billion	¥49.9 billion	0.01%	¥11K/m²
862	Ninohe City Iwate	¥135.3 billion	$857.15M	¥92.1 billion	¥43.2 billion	0.01%	¥18K/m²
863	Tateyama Town Toyama	¥135.3 billion	$856.71M	¥82.8 billion	¥52.5 billion	0.01%	¥19K/m²
864	Niimi City Okayama	¥134.1 billion	$849.09M	¥88.6 billion	¥45.5 billion	0.01%	¥12K/m²
865	Meiwa Town Mie	¥133.3 billion	$844.16M	¥88.1 billion	¥45.2 billion	0.01%	¥18K/m²
866	Onna Village Okinawa	¥133.3 billion	$844.00M	¥54.5 billion	¥78.7 billion	0.01%	¥42K/m²
867	Goto City Nagasaki	¥132.5 billion	$839.25M	¥74.1 billion	¥58.4 billion	0.01%	¥8,460/m²
868	Tobe Town Ehime	¥132.5 billion	$839.03M	¥100.1 billion	¥32.4 billion	0.01%	¥36K/m²
869	Bungoono City Oita	¥131.5 billion	$832.87M	¥75.6 billion	¥55.9 billion	0.01%	¥9,084/m²
870	Matsushige Town Tokushima	¥131.4 billion	$831.97M	¥83.7 billion	¥47.7 billion	0.01%	¥36K/m²
871	Miki Town Kagawa	¥131.4 billion	$831.91M	¥79.6 billion	¥51.8 billion	0.01%	¥23K/m²
872	Minakami Town Gunma	¥131.2 billion	$830.71M	¥78.7 billion	¥52.5 billion	0.01%	¥15K/m²
873	Minamata City Kumamoto	¥131.1 billion	$830.16M	¥88.8 billion	¥42.3 billion	0.01%	¥24K/m²
874	Godo Town Gifu	¥130.7 billion	$827.46M	¥90.4 billion	¥40.3 billion	0.01%	¥31K/m²
875	Kanmaki Town Nara	¥130.6 billion	$826.81M	¥100.1 billion	¥30.5 billion	0.01%	¥47K/m²
876	Kitsuki City Oita	¥130.4 billion	$825.92M	¥78.6 billion	¥51.8 billion	0.01%	¥13K/m²
877	Kawai Town Nara	¥130.2 billion	$824.72M	¥103.2 billion	¥27.1 billion	0.01%	¥57K/m²
878	Nagai City Yamagata	¥130.2 billion	$824.44M	¥79.6 billion	¥50.6 billion	0.01%	¥16K/m²
879	Mino City Gifu	¥130.0 billion	$823.41M	¥88.0 billion	¥42.0 billion	0.01%	¥23K/m²
880	Mihama Town Aichi	¥129.0 billion	$816.78M	¥86.9 billion	¥42.0 billion	0.01%	¥22K/m²
881	Memuro Town Hokkaido	¥128.8 billion	$815.81M	¥72.3 billion	¥56.5 billion	0.01%	¥21K/m²
882	Itako City Ibaraki	¥128.8 billion	$815.64M	¥78.5 billion	¥50.3 billion	0.01%	¥12K/m²
883	Takikawa City Hokkaido	¥128.3 billion	$812.51M	¥54.7 billion	¥73.6 billion	0.01%	¥7,531/m²
884	Hachimantai City Iwate	¥128.1 billion	$811.41M	¥61.7 billion	¥66.4 billion	0.01%	¥9,037/m²
885	Yokoshibahikari Town Chiba	¥128.0 billion	$810.53M	¥85.4 billion	¥42.5 billion	0.01%	¥11K/m²
886	Kitahiroshima Town Hiroshima	¥128.0 billion	$810.51M	¥76.2 billion	¥51.8 billion	0.01%	¥11K/m²
887	Makubetsu Town Hokkaido	¥127.6 billion	$808.26M	¥76.9 billion	¥50.7 billion	0.01%	¥21K/m²
888	Anpachi Town Gifu	¥127.5 billion	$807.34M	¥89.5 billion	¥38.0 billion	0.01%	¥35K/m²
889	Ryuo Town Shiga	¥127.3 billion	$806.28M	¥66.5 billion	¥60.8 billion	0.01%	¥23K/m²
890	Ino Town Kochi	¥126.7 billion	$802.68M	¥92.9 billion	¥33.8 billion	0.01%	¥35K/m²
891	Mimasaka City Okayama	¥126.5 billion	$801.16M	¥68.7 billion	¥57.8 billion	0.01%	¥7,128/m²
892	Itakura Town Gunma	¥126.3 billion	$799.78M	¥71.8 billion	¥54.5 billion	0.01%	¥16K/m²
893	Ureshino City Saga	¥126.1 billion	$798.87M	¥74.6 billion	¥51.5 billion	0.01%	¥17K/m²
894	Miyazu City Kyoto	¥126.1 billion	$798.34M	¥84.6 billion	¥41.4 billion	0.01%	¥19K/m²
895	Kanegasaki Town Iwate	¥125.4 billion	$793.91M	¥66.7 billion	¥58.7 billion	0.01%	¥20K/m²
896	Misato Town Miyagi	¥125.2 billion	$792.75M	¥81.0 billion	¥44.2 billion	0.01%	¥14K/m²
897	Shimosuwa Town Nagano	¥125.0 billion	$791.60M	¥88.3 billion	¥36.7 billion	0.01%	¥41K/m²
898	Matsuda Town Kanagawa	¥123.6 billion	$783.04M	¥103.5 billion	¥20.2 billion	0.01%	¥95K/m²
899	Kazuno City Akita	¥123.5 billion	$782.45M	¥69.1 billion	¥54.4 billion	0.01%	¥10K/m²
900	Ichikikushikino City Kagoshima	¥123.3 billion	$780.82M	¥67.8 billion	¥55.5 billion	0.01%	¥14K/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.