Komaba, Meguro Ward: property prices and land values

駒場(目黒区)

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

Avg. residential land price
¥1.46M/m²
≈ $860/sq ft · 2 sites
#5 of 25 neighborhoods
Avg. commercial land price
¥1.16M/m²
≈ $685/sq ft · 1 sites
1-year change
+13.2%
Residential +14.6% · commercial +10.5%
5 years / 10 years
+45.5% / +76.2%
Same sites, chained
Pre-owned condos per m²
¥1.52M/m²
70 m² ≈ ¥106.1M · 10 sales
Pre-owned houses (median)
¥170.0M
≈ $1.08M · 11 sales
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

¥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
¥1.46M/m²¥1.54M/m²¥1.73M/m²¥1.95M/m²¥2.61M/m²

Forecasts are projections, not guarantees. 10-year range: ¥2.14M/m²–¥3.07M/m²

Komaba, Meguro Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftKomaba, Meguro Ward is1 year5 yearsCondos per m²Index
Komaba, Meguro Ward ¥1.46M/m²$860/sq ft +13.2%+45.5% ¥1.52M/m²—
Meguro Ward ¥1.37M/m²$812/sq ft 1.1x+13.5%+46.1% ¥1.40M/m²98
Tokyo ¥547K/m²$323/sq ft 2.7x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 12.2x+2.1%+8.0% ¥494K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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

Transaction prices MLIT Real Estate Information Library · last 2 years · 23 sales

Condos per m² (median)
¥1.52M/m²
Condo price (median)
¥87.0M
Land & building (median)
¥170.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 46 · Land & building 27 · Land 11

DistrictPeriodTypePriceAreaBuiltPer m²
KomabaQ2 2026Land & building (contract) ¥120.0M80 m²1976—
KomabaQ2 2026Pre-owned condo (contract) ¥120.0M75 m²1997¥1.60M/m²
KomabaQ2 2026Pre-owned condo (contract) ¥110.0M65 m²2014¥1.69M/m²
KomabaQ2 2026Pre-owned condo (contract) ¥18.0M30 m²1983¥600K/m²
KomabaQ2 2026Pre-owned condo (contract) ¥62.0M55 m²1982¥1.13M/m²
KomabaQ1 2026Pre-owned condo (contract) ¥59.0M60 m²1981¥983K/m²
KomabaQ1 2026Land & building (contract) ¥340.0M150 m²1990—
KomabaQ1 2026Land & building ¥1.20B250 m²2025—
KomabaQ1 2026Pre-owned condo ¥130.0M70 m²1998¥1.86M/m²
KomabaQ1 2026Pre-owned condo ¥87.0M55 m²2002¥1.58M/m²
KomabaQ1 2026Land & building ¥87.0M65 m²1986—
KomabaQ1 2026Land ¥160.0M110 m²—¥1.50M/m²
KomabaQ1 2026Land & building ¥110.0M55 m²2011—
KomabaQ1 2026Land ¥310.0M185 m²—¥1.70M/m²
KomabaQ4 2025Pre-owned condo (contract) ¥110.0M65 m²1997¥1.69M/m²
KomabaQ4 2025Land & building (contract) ¥110.0M50 m²2011—
KomabaQ4 2025Pre-owned condo (contract) ¥87.0M60 m²2002¥1.45M/m²
KomabaQ4 2025Land & building (contract) ¥110.0M65 m²2006—
KomabaQ4 2025Pre-owned condo ¥86.0M70 m²1969¥1.23M/m²
KomabaQ4 2025Land & building ¥860.0M210 m²2025—

Nearby neighborhoods

FAQ

What is the average land price in Komaba, Meguro Ward?

The average price of residential land in Komaba, Meguro Ward is ¥1,455,000 per m² (about ¥4,809,917 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Komaba, Meguro Ward going up?

Land prices in Komaba, Meguro Ward have risen by +13.2% on average over the past year. Over five years the change is +45.5%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,515,909 per m², with a median price of ¥87.0 million (10 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Komaba, Meguro Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,605,683 per m² in 10 years (range ¥2,136,660–¥3,074,706). 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.