Mita, Meguro Ward: property prices and land values

三田(目黒区)

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

Avg. residential land price
¥1.74M/m²
≈ $1,025/sq ft · 2 sites
#2 of 25 neighborhoods
Avg. commercial land price
No data
1-year change
+14.3%
Residential +14.3% · commercial —
5 years / 10 years
+57.5% / +92.3%
Same sites, chained
Pre-owned condos per m²
¥1.68M/m²
70 m² ≈ ¥117.3M · 14 sales
Pre-owned houses (median)
¥160.0M
≈ $1.02M · 3 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
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥1.74M/m²¥1.84M/m²¥2.07M/m²¥2.32M/m²¥3.11M/m²

Forecasts are projections, not guarantees. 10-year range: ¥2.55M/m²–¥3.67M/m²

Mita, Meguro Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftMita, Meguro Ward is1 year5 yearsCondos per m²Index
Mita, Meguro Ward ¥1.74M/m²$1,025/sq ft +14.3%+57.5% ¥1.68M/m²—
Meguro Ward ¥1.37M/m²$812/sq ft 1.3x+13.5%+46.1% ¥1.40M/m²98
Tokyo ¥547K/m²$323/sq ft 3.2x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 14.5x+2.1%+8.0% ¥494K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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

Transaction prices MLIT Real Estate Information Library · last 2 years · 20 sales

Condos per m² (median)
¥1.68M/m²
Condo price (median)
¥109.5M
Land & building (median)
¥160.0M
Land per m² (median)
¥2.40M/m²

Sales in the loaded period: Pre-owned condo 62 · Land & building 11 · Land 7

DistrictPeriodTypePriceAreaBuiltPer m²
MitaQ2 2026Pre-owned condo (contract) ¥64.0M60 m²1970¥1.07M/m²
MitaQ2 2026Pre-owned condo (contract) ¥120.0M55 m²1994¥2.18M/m²
MitaQ2 2026Pre-owned condo (contract) ¥87.0M65 m²1979¥1.34M/m²
MitaQ1 2026Pre-owned condo (contract) ¥260.0M85 m²1994¥3.06M/m²
MitaQ1 2026Pre-owned condo (contract) ¥83.0M55 m²1979¥1.51M/m²
MitaQ1 2026Land & building (contract) ¥160.0M80 m²2013—
MitaQ1 2026Pre-owned condo (contract) ¥44.0M40 m²1967¥1.10M/m²
MitaQ1 2026Pre-owned condo (contract) ¥150.0M65 m²1990¥2.31M/m²
MitaQ1 2026Pre-owned condo ¥150.0M65 m²2002¥2.31M/m²
MitaQ1 2026Land ¥130.0M75 m²—¥1.80M/m²
MitaQ1 2026Land & building ¥160.0M80 m²2013—
MitaQ1 2026Land ¥430.0M155 m²—¥2.80M/m²
MitaQ1 2026Pre-owned condo ¥99.0M65 m²1979¥1.52M/m²
MitaQ1 2026Land ¥160.0M65 m²—¥2.40M/m²
MitaQ4 2025Pre-owned condo (contract) ¥150.0M70 m²2002¥2.14M/m²
MitaQ4 2025Pre-owned condo (contract) ¥78.0M50 m²2004¥1.56M/m²
MitaQ4 2025Pre-owned condo (contract) ¥160.0M90 m²1985¥1.78M/m²
MitaQ4 2025Pre-owned condo (contract) ¥63.0M40 m²2002¥1.57M/m²
MitaQ4 2025Pre-owned condo (contract) ¥150.0M55 m²1994¥2.73M/m²
MitaQ4 2025Land & building ¥380.0M290 m²1997—

Nearby neighborhoods

FAQ

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

The average price of residential land in Mita, Meguro Ward is ¥1,735,000 per m² (about ¥5,735,537 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Mita, Meguro Ward going up?

Land prices in Mita, Meguro Ward have risen by +14.3% on average over the past year. Over five years the change is +57.5%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,676,388 per m², with a median price of ¥109.5 million (14 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥3,107,121 per m² in 10 years (range ¥2,547,839–¥3,666,403). 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.