Koraku, Bunkyo Ward: property prices and land values

後楽(文京区)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
No data
Avg. commercial land price
¥4.38M/m²
≈ $2,577/sq ft · 1 sites
1-year change
+16.2%
Residential — · commercial +16.2%
5 years / 10 years
+46.5% / +91.3%
Same sites, chained
Pre-owned condos per m²
¥1.40M/m²
70 m² ≈ ¥98.2M · 14 sales
Pre-owned houses (median)
No data
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥1.00M/m²¥2.00M/m²¥3.00M/m²¥4.00M/m²¥5.00M/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
—¥4.64M/m²¥5.22M/m²¥5.86M/m²¥7.84M/m²

Forecasts are projections, not guarantees. 10-year range: ¥6.43M/m²–¥9.26M/m²

Koraku, Bunkyo Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftKoraku, Bunkyo Ward is1 year5 yearsCondos per m²Index
Koraku, Bunkyo Ward —— +16.2%+46.5% ¥1.40M/m²—
Bunkyo Ward ¥1.44M/m²$850/sq ft +15.7%+52.5% ¥1.31M/m²99
Tokyo ¥547K/m²$322/sq ft +8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 文京区後楽1丁目4番98外
Land Price Publication 2026
Commercial¥4.38M/m²$2,577/sq ft +16.2%水道橋
400 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 15 sales

Condos per m² (median)
¥1.40M/m²
Condo price (median)
¥56.0M
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 27 · Land & building 1

DistrictPeriodTypePriceAreaBuiltPer m²
KorakuQ2 2026Pre-owned condo ¥52.0M30 m²2003¥1.73M/m²
KorakuQ2 2026Pre-owned condo ¥33.0M25 m²2003¥1.32M/m²
KorakuQ1 2026Pre-owned condo (contract) ¥52.0M35 m²2003¥1.49M/m²
KorakuQ1 2026Land & building ¥730.0M270 m²2003—
KorakuQ4 2025Pre-owned condo (contract) ¥27.0M25 m²2016¥1.08M/m²
KorakuQ3 2025Pre-owned condo (contract) ¥33.0M35 m²2016¥943K/m²
KorakuQ3 2025Pre-owned condo (contract) ¥25.0M30 m²2016¥833K/m²
KorakuQ2 2025Pre-owned condo (contract) ¥60.0M55 m²1980¥1.09M/m²
KorakuQ2 2025Pre-owned condo (contract) ¥120.0M60 m²2007¥2.00M/m²
KorakuQ2 2025Pre-owned condo ¥120.0M60 m²2007¥2.00M/m²
KorakuQ2 2025Pre-owned condo ¥65.0M40 m²2004¥1.62M/m²
KorakuQ1 2025Pre-owned condo (contract) ¥80.0M65 m²1998¥1.23M/m²
KorakuQ1 2025Pre-owned condo (contract) ¥230.0M95 m²2007¥2.42M/m²
KorakuQ1 2025Pre-owned condo (contract) ¥44.0M35 m²2003¥1.26M/m²
KorakuQ1 2025Pre-owned condo ¥290.0M80 m²2007¥3.62M/m²
KorakuQ4 2024Pre-owned condo (contract) ¥25.0M30 m²2016¥833K/m²
KorakuQ4 2024Pre-owned condo ¥250.0M105 m²2007¥2.38M/m²
KorakuQ3 2024Pre-owned condo ¥84.0M55 m²2004¥1.53M/m²
KorakuQ3 2024Pre-owned condo (contract) ¥32.0M35 m²2016¥914K/m²
KorakuQ3 2024Pre-owned condo (contract) ¥24.0M30 m²2016¥800K/m²

Nearby neighborhoods

FAQ

Are land prices in Koraku, Bunkyo Ward going up?

Land prices in Koraku, Bunkyo Ward have risen by +16.2% on average over the past year. Over five years the change is +46.5%.

How much do pre-owned condos cost in Koraku, Bunkyo Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,402,857 per m², with a median price of ¥56.0 million (14 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Koraku, Bunkyo Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥7,843,913 per m² in 10 years (range ¥6,432,009–¥9,255,817). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.9 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.