Meguro Ward: property prices and land values

目黒区

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

Avg. residential land price
¥1.37M/m²
≈ $812/sq ft · 41 sites
#6 of 1795 municipalities in Japan
Avg. commercial land price
¥2.63M/m²
≈ $1,552/sq ft · 24 sites
1-year change
+13.5%
Residential +13.6% · commercial +13.3%
5 years / 10 years
+46.1% / +73.9%
Same sites, chained
Pre-owned condos per m²
¥1.40M/m²
70 m² ≈ ¥98.0M · 653 sales
Pre-owned houses (median)
¥165.0M
≈ $1.05M · 200 sales
Real Estate Zukan Index
98/100
#12 in Japan
Total real estate value Estimate
Not by ward

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

¥0/m²¥1.00M/m²¥2.00M/m²¥3.00M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥1.37M/m²¥1.46M/m²¥1.64M/m²¥1.84M/m²¥2.46M/m²

Forecasts are projections, not guarantees. 10-year range: ¥2.02M/m²–¥2.90M/m²

Total real estate value

Not by ward Assessed values are not published for Meguro Ward alone. The total for Tokyo 23 wards as a whole is ¥274.2 trillion (land ¥236.3 trillion, buildings ¥37.9 trillion).

Meguro Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftMeguro Ward is1 year5 yearsCondos per m²Index
Meguro Ward ¥1.37M/m²$812/sq ft +13.5%+46.1% ¥1.40M/m²98
Tokyo 23 wards ¥852K/m²$504/sq ft 1.6x+10.9%+37.2% ¥1.11M/m²—
Tokyo ¥547K/m²$323/sq ft 2.5x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 11.5x+2.1%+8.0% ¥494K/m²—

Neighborhoods 27 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Aobadai
青葉台
¥2.48M/m² ¥2.38M/m² +14.9% +54.2% ¥1.60M/m² 53
Mita
三田
¥1.74M/m² — +14.3% +57.5% ¥1.68M/m² 20
Jiyuugaoka
自由が丘
¥1.69M/m² ¥4.59M/m² +14.1% +48.0% ¥1.22M/m² 13
Meguro
目黒
¥1.65M/m² — +15.4% +58.7% ¥1.68M/m² 54
Komaba
駒場
¥1.46M/m² ¥1.16M/m² +13.2% +45.5% ¥1.52M/m² 23
Nakameguro
中目黒
¥1.44M/m² ¥1.21M/m² +12.2% +44.2% ¥1.47M/m² 54
Kamimeguro
上目黒
¥1.36M/m² ¥4.83M/m² +14.8% +51.4% ¥1.25M/m² 66
Higashiyama
東山
¥1.34M/m² ¥1.35M/m² +14.9% +44.2% ¥1.33M/m² 40
Takaban
鷹番
¥1.34M/m² ¥2.35M/m² +14.1% +43.3% ¥1.05M/m² 18
Nakane
中根
¥1.30M/m² — +15.0% +45.3% ¥1.14M/m² 37
Ohashi
大橋
¥1.27M/m² ¥2.98M/m² +12.9% +45.8% ¥1.31M/m² 40
Yuutenji
祐天寺
¥1.22M/m² ¥1.38M/m² +14.3% +47.0% ¥1.72M/m² 7
Himon-ya
碑文谷
¥1.18M/m² — +12.9% +48.3% ¥1.33M/m² 49
Higashigaoka
東が丘
¥1.17M/m² — +13.6% +52.1% ¥1.30M/m² 13
Tairamachi
平町
¥1.15M/m² ¥2.48M/m² +13.4% +41.9% ¥1.14M/m² 23
Kakinokizaka
柿の木坂
¥1.13M/m² — +11.9% +37.0% ¥1.00M/m² 32
Gohongi
五本木
¥1.13M/m² — +13.5% +39.2% ¥1.29M/m² 17
Yakumo
八雲
¥1.12M/m² ¥1.52M/m² +13.0% +44.0% ¥1.07M/m² 36
Shimomeguro
下目黒
¥1.11M/m² ¥2.97M/m² +12.7% +43.4% ¥1.67M/m² 106
Haramachi
原町
¥1.09M/m² ¥1.18M/m² +12.9% +45.3% ¥2.10M/m² 12
Midorigaoka
緑が丘
¥1.08M/m² — +11.7% +41.0% ¥1.20M/m² 22
Megurohoncho
目黒本町
¥1.08M/m² ¥1.36M/m² +10.0% +41.7% ¥1.26M/m² 75
Senzoku
洗足
¥1.06M/m² ¥1.24M/m² +14.2% +42.2% ¥1.00M/m² 9
Ookayama
大岡山
¥1.01M/m² — +12.3% +37.6% ¥1.69M/m² 24
Nakacho
中町
¥933K/m² — +14.5% +46.7% ¥1.38M/m² 28
Chuocho
中央町
— — — — ¥1.44M/m² 30
Minami
南
— — — — ¥904K/m² 13

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 目黒区自由が丘2丁目23番2外
Land Price Publication 2026
Commercial¥7.15M/m²$4,224/sq ft +15.1%自由が丘
東京都 目黒区上目黒三丁目1860番6外
Prefectural Survey 2026
Commercial¥6.35M/m²$3,752/sq ft +13.4%中高層店舗兼事務所ビルが建ち並ぶ駅前商業地域
東京都 目黒区上目黒3丁目1860番6外
Land Price Publication 2026
Commercial¥6.00M/m²$3,545/sq ft +15.4%中目黒
東京都 目黒区下目黒1丁目119番12外
Land Price Publication 2026
Commercial¥5.64M/m²$3,332/sq ft +13.5%目黒
200 m
東京都 目黒区自由が丘1丁目7番7
Land Price Publication 2026
Commercial¥4.73M/m²$2,794/sq ft +14.8%自由が丘
100 m
東京都 目黒区青葉台3丁目503番3
Land Price Publication 2026
Residential¥3.66M/m²$2,162/sq ft +16.2%神泉
590 m
東京都 目黒区青葉台1丁目1300番1
Land Price Publication 2026
Commercial¥3.05M/m²$1,802/sq ft +15.1%中目黒
600 m
東京都 目黒区大橋二丁目665番4
Prefectural Survey 2026
Commercial¥2.98M/m²$1,761/sq ft +13.3%中高層店舗事務所ビルが建ち並ぶ駅前の商業地域
東京都 目黒区平町1丁目215番21外
Land Price Publication 2026
Commercial¥2.48M/m²$1,465/sq ft +15.9%都立大学
東京都 目黒区青葉台4丁目580番7
Land Price Publication 2026
Residential¥2.45M/m²$1,447/sq ft +17.8%神泉
550 m
東京都 目黒区鷹番2丁目189番2
Land Price Publication 2026
Commercial¥2.35M/m²$1,388/sq ft +14.6%学芸大学
70 m
東京都 目黒区青葉台2丁目522番69外
Land Price Publication 2026
Residential¥2.17M/m²$1,282/sq ft +13.0%神泉
720 m
東京都 目黒区上目黒二丁目1965番73
Prefectural Survey 2026
Commercial¥2.13M/m²$1,258/sq ft +15.1%中低層の小売店舗等が建ち並ぶ商業地域
東京都 目黒区三田2丁目205番4
Land Price Publication 2026
Residential¥2.00M/m²$1,182/sq ft +15.6%恵比寿
620 m
東京都 目黒区八雲一丁目274番5
Prefectural Survey 2026
Commercial¥1.89M/m²$1,117/sq ft +15.2%中高層の店舗付共同住宅等が建ち並ぶ商業地域
東京都 目黒区自由が丘1丁目147番10外
Land Price Publication 2026
Commercial¥1.88M/m²$1,111/sq ft +14.6%自由が丘
300 m
東京都 目黒区下目黒3丁目604番6外
Land Price Publication 2026
Commercial¥1.80M/m²$1,063/sq ft +12.5%目黒
750 m
東京都 目黒区自由が丘二丁目123番8
Prefectural Survey 2026
Residential¥1.72M/m²$1,016/sq ft +12.4%中規模以上の一般住宅が多い閑静な住宅地域
東京都 目黒区青葉台一丁目163番1
Prefectural Survey 2026
Commercial¥1.72M/m²$1,016/sq ft +12.4%中層マンションと店舗、事務所等が混在する地域
東京都 目黒区自由が丘2丁目123番8
Land Price Publication 2026
Residential¥1.65M/m²$975/sq ft +13.8%自由が丘
500 m
東京都 目黒区目黒2丁目721番1外
Land Price Publication 2026
Residential¥1.65M/m²$975/sq ft +15.4%中目黒
1.0 km
東京都 目黒区青葉台3丁目314番3
Land Price Publication 2026
Residential¥1.63M/m²$963/sq ft +14.8%池尻大橋
760 m
東京都 目黒区駒場4丁目861番85
Land Price Publication 2026
Residential¥1.55M/m²$916/sq ft +14.8%駒場東大前
520 m
東京都 目黒区下目黒6丁目991番30
Land Price Publication 2026
Commercial¥1.48M/m²$874/sq ft +12.1%学芸大学
1.2 km
東京都 目黒区三田2丁目1番186
Land Price Publication 2026
Residential¥1.47M/m²$868/sq ft +13.1%目黒
780 m
東京都 目黒区中目黒3丁目535番28
Land Price Publication 2026
Residential¥1.44M/m²$851/sq ft +12.5%中目黒
700 m
東京都 目黒区祐天寺二丁目1138番17
Prefectural Survey 2026
Commercial¥1.42M/m²$839/sq ft +15.4%小売店舗、飲食店舗等が建ち並ぶ駅前の商業地域
東京都 目黒区中根2丁目115番1
Land Price Publication 2026
Residential¥1.39M/m²$821/sq ft +15.8%都立大学
450 m
東京都 目黒区駒場二丁目730番71
Prefectural Survey 2026
Residential¥1.36M/m²$803/sq ft +14.3%中規模一般住宅、アパート等が混在する住宅地域
東京都 目黒区目黒本町5丁目22番3外
Land Price Publication 2026
Commercial¥1.36M/m²$803/sq ft ±0.0%武蔵小山
230 m
東京都 目黒区上目黒3丁目1772番14
Land Price Publication 2026
Residential¥1.36M/m²$803/sq ft +15.3%中目黒
550 m
東京都 目黒区東山3丁目982番11外
Land Price Publication 2026
Commercial¥1.35M/m²$798/sq ft +15.4%池尻大橋
160 m
東京都 目黒区東山3丁目1021番2
Land Price Publication 2026
Residential¥1.34M/m²$792/sq ft +14.5%池尻大橋
280 m
東京都 目黒区鷹番1丁目169番6
Land Price Publication 2026
Residential¥1.34M/m²$792/sq ft +13.6%学芸大学
390 m
東京都 目黒区祐天寺2丁目1138番17
Land Price Publication 2026
Commercial¥1.33M/m²$786/sq ft +13.7%祐天寺
130 m
東京都 目黒区目黒本町3丁目136番1外
Land Price Publication 2026
Residential¥1.30M/m²$768/sq ft +14.0%武蔵小山
650 m
東京都 目黒区碑文谷六丁目125番8
Prefectural Survey 2026
Residential¥1.29M/m²$762/sq ft +12.2%中規模一般住宅が多い既成住宅地域
東京都 目黒区大橋2丁目628番10
Land Price Publication 2026
Residential¥1.27M/m²$750/sq ft +12.4%池尻大橋
600 m
東京都 目黒区祐天寺一丁目2153番22
Prefectural Survey 2026
Residential¥1.25M/m²$738/sq ft +13.6%一般住宅、共同住宅等が建ち並ぶ住宅地域
東京都 目黒区洗足二丁目1462番6
Prefectural Survey 2026
Commercial¥1.24M/m²$733/sq ft +14.8%飲食店、小売店舗等が建ち並ぶ駅前の商業地域
東京都 目黒区緑が丘二丁目2501番13
Prefectural Survey 2026
Residential¥1.23M/m²$727/sq ft +12.8%中小規模の一般住宅、アパート等が多い住宅地域
東京都 目黒区中目黒3丁目484番5
Land Price Publication 2026
Commercial¥1.21M/m²$715/sq ft +12.0%中目黒
700 m
東京都 目黒区中根2丁目109番9
Land Price Publication 2026
Residential¥1.21M/m²$715/sq ft +14.2%都立大学
520 m
東京都 目黒区平町1丁目177番8
Land Price Publication 2026
Residential¥1.18M/m²$697/sq ft +12.4%都立大学
450 m
東京都 目黒区祐天寺1丁目2153番22
Land Price Publication 2026
Residential¥1.18M/m²$697/sq ft +14.6%祐天寺
400 m
東京都 目黒区原町1丁目1256番18
Land Price Publication 2026
Commercial¥1.18M/m²$697/sq ft +12.4%西小山
120 m
東京都 目黒区東が丘二丁目16番45
Prefectural Survey 2026
Residential¥1.17M/m²$691/sq ft +13.6%中規模の一般住宅が多い住宅地域
東京都 目黒区下目黒三丁目663番11
Prefectural Survey 2026
Residential¥1.16M/m²$685/sq ft +13.7%中小規模一般住宅、アパートが混在する住宅地域
東京都 目黒区駒場1丁目833番5
Land Price Publication 2026
Commercial¥1.16M/m²$685/sq ft +10.5%駒場東大前
210 m
東京都 目黒区八雲4丁目8番2外
Land Price Publication 2026
Commercial¥1.15M/m²$679/sq ft +11.7%都立大学
1.1 km
東京都 目黒区碑文谷一丁目7番23
Prefectural Survey 2026
Residential¥1.13M/m²$668/sq ft +13.6%中低層共同住宅、一般住宅が建ち並ぶ住宅地域
東京都 目黒区碑文谷4丁目34番12
Land Price Publication 2026
Residential¥1.13M/m²$668/sq ft +13.0%都立大学
830 m
東京都 目黒区五本木2丁目2607番74
Land Price Publication 2026
Residential¥1.13M/m²$668/sq ft +13.5%学芸大学
530 m
東京都 目黒区柿の木坂2丁目189番9
Land Price Publication 2026
Residential¥1.13M/m²$668/sq ft +11.9%都立大学
840 m
東京都 目黒区八雲2丁目24番6
Land Price Publication 2026
Residential¥1.12M/m²$662/sq ft +12.0%都立大学
890 m
東京都 目黒区平町2丁目71番3
Land Price Publication 2026
Residential¥1.12M/m²$662/sq ft +12.0%都立大学
650 m
東京都 目黒区下目黒2丁目220番1外
Land Price Publication 2026
Residential¥1.11M/m²$656/sq ft +14.4%目黒
740 m
東京都 目黒区原町一丁目1216番44
Prefectural Survey 2026
Residential¥1.09M/m²$644/sq ft +13.3%戸建住宅、アパート等が混在する住宅地域
東京都 目黒区下目黒5丁目882番16
Land Price Publication 2026
Residential¥1.07M/m²$632/sq ft +10.0%目黒
1.6 km
東京都 目黒区洗足2丁目1474番6
Land Price Publication 2026
Residential¥1.06M/m²$626/sq ft +13.6%洗足
330 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 914 sales

Condos per m² (median)
¥1.40M/m²
Condo price (median)
¥73.0M
Land & building (median)
¥165.0M
Land per m² (median)
¥1.50M/m²

Sales in the loaded period: Pre-owned condo 2,601 · Land & building 749 · Land 285

DistrictPeriodTypePriceAreaBuiltPer m²
MeguroQ2 2026Pre-owned condo (contract) ¥45.0M35 m²1977¥1.29M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥73.0M70 m²1968¥1.04M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥87.0M55 m²1994¥1.58M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥95.0M65 m²2002¥1.46M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥33.0M20 m²2004¥1.65M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥150.0M60 m²2019¥2.50M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥62.0M45 m²1977¥1.38M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥110.0M85 m²1979¥1.29M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥13.0M15 m²1974¥867K/m²
MeguroQ2 2026Pre-owned condo (contract) ¥57.0M30 m²2017¥1.90M/m²
MeguroQ2 2026Land & building (contract) ¥160.0M110 m²2013—
MeguroQ2 2026Pre-owned condo (contract) ¥65.0M35 m²2011¥1.86M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥34.0M20 m²2004¥1.70M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥19.0M25 m²2004¥760K/m²
MeguroQ2 2026Land & building (contract) ¥200.0M80 m²2020—
MeguroQ2 2026Pre-owned condo (contract) ¥140.0M75 m²1999¥1.87M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥52.0M40 m²1977¥1.30M/m²
MeguroQ2 2026Pre-owned condo (contract) ¥310.0M90 m²2019¥3.44M/m²
MeguroQ2 2026Land & building (contract) ¥140.0M70 m²2019—
OhashiQ2 2026Pre-owned condo (contract) ¥17.0M20 m²1986¥850K/m²

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
96
1-year growth
99
5-year growth
98
10-year growth
96
Price level
100
Condo price level
99

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Meguro Ward?

The average price of residential land in Meguro Ward is ¥1,374,268 per m² (about ¥4,543,035 per tsubo), based on 41 sites in the official land price surveys (2026).

Are land prices in Meguro Ward going up?

Land prices in Meguro Ward have risen by +13.5% on average over the past year. Over five years the change is +46.1%.

How much do pre-owned condos cost in Meguro Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,400,000 per m², with a median price of ¥73.0 million (653 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Meguro Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,461,105 per m² in 10 years (range ¥2,018,106–¥2,904,104). 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 ¥157.25 = $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.