Nakacho, Meguro Ward: property prices and land values

中町(目黒区)

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

Avg. residential land price
¥933K/m²
≈ $551/sq ft · 1 sites
#25 of 25 neighborhoods
Avg. commercial land price
No data
1-year change
+14.5%
Residential +14.5% · commercial —
5 years / 10 years
+46.7% / +69.9%
Same sites, chained
Pre-owned condos per m²
¥1.64M/m²
70 m² ≈ ¥114.8M · 43 sales
Pre-owned houses (median)
¥100.0M
≈ $636K · 25 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¥500K/m²¥1.00M/m²¥1.50M/m²¥2.00M/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥933K/m²¥989K/m²¥1.11M/m²¥1.25M/m²¥1.67M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.37M/m²–¥1.97M/m²

Nakacho, Meguro Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNakacho, Meguro Ward is1 year5 yearsCondos per m²Index
Nakacho, Meguro Ward ¥933K/m²$551/sq ft +14.5%+46.7% ¥1.64M/m²—
Meguro Ward ¥1.37M/m²$812/sq ft 0.68x+13.5%+46.1% ¥1.36M/m²98
Tokyo ¥547K/m²$323/sq ft 1.7x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 7.8x+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 目黒区中町1丁目966番52
Land Price Publication 2026
Residential¥933K/m²$551/sq ft +14.5%祐天寺
1.1 km

Transaction prices MLIT Real Estate Information Library · last 2 years · 71 sales

Condos per m² (median)
¥1.64M/m²
Condo price (median)
¥90.0M
Land & building (median)
¥100.0M
Land per m² (median)
¥1.50M/m²

Sales in the loaded period: Pre-owned condo 80 · Land & building 45 · Land 11

DistrictPeriodTypePriceAreaBuiltPer m²
NakachoQ2 2026Pre-owned condo (contract) ¥20.0M20 m²2003¥1.00M/m²
NakachoQ2 2026Pre-owned condo (contract) ¥21.0M30 m²2003¥700K/m²
NakachoQ2 2026Pre-owned condo (contract) ¥55.0M40 m²2003¥1.38M/m²
NakachoQ2 2026Land & building (contract) ¥85.0M50 m²2023—
NakachoQ2 2026Pre-owned condo (contract) ¥110.0M60 m²2019¥1.83M/m²
NakachoQ2 2026Pre-owned condo (contract) ¥55.0M45 m²2004¥1.22M/m²
NakachoQ1 2026Land & building (contract) ¥130.0M80 m²2022—
NakachoQ1 2026Land & building (contract) ¥84.0M65 m²2005—
NakachoQ1 2026Pre-owned condo (contract) ¥130.0M60 m²2019¥2.17M/m²
NakachoQ1 2026Pre-owned condo (contract) ¥120.0M60 m²2020¥2.00M/m²
NakachoQ1 2026Pre-owned condo ¥130.0M55 m²2019¥2.36M/m²
NakachoQ1 2026Pre-owned condo ¥160.0M70 m²2005¥2.29M/m²
NakachoQ1 2026Pre-owned condo ¥41.0M25 m²2015¥1.64M/m²
NakachoQ1 2026Land ¥200.0M175 m²—¥1.20M/m²
NakachoQ1 2026Land & building ¥40.0M45 m²1980—
NakachoQ4 2025Pre-owned condo (contract) ¥53.0M65 m²1979¥815K/m²
NakachoQ4 2025Pre-owned condo (contract) ¥48.0M40 m²2003¥1.20M/m²
NakachoQ4 2025Pre-owned condo (contract) ¥10.0M25 m²1964¥400K/m²
NakachoQ4 2025Pre-owned condo (contract) ¥120.0M60 m²2020¥2.00M/m²
NakachoQ4 2025Land & building (contract) ¥85.0M70 m²2000—

Nearby neighborhoods

FAQ

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

The average price of residential land in Nakacho, Meguro Ward is ¥933,000 per m² (about ¥3,084,297 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nakacho, Meguro Ward going up?

Land prices in Nakacho, Meguro Ward have risen by +14.5% on average over the past year. Over five years the change is +46.7%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,640,000 per m², with a median price of ¥90.0 million (43 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,670,861 per m² in 10 years (range ¥1,370,106–¥1,971,616). 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.