Nakane, Meguro Ward: property prices and land values

中根(目黒区)

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

Avg. residential land price
¥1.30M/m²
≈ $768/sq ft · 2 sites
#10 of 25 neighborhoods
Avg. commercial land price
No data
1-year change
+15.0%
Residential +15.0% · commercial —
5 years / 10 years
+45.3% / +74.4%
Same sites, chained
Pre-owned condos per m²
¥1.15M/m²
70 m² ≈ ¥80.2M · 53 sales
Pre-owned houses (median)
¥140.0M
≈ $890K · 4 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

¥500K/m²¥1.00M/m²¥1.50M/m²¥2.00M/m²¥2.50M/m²2013201620192022202520292036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥1.30M/m²¥1.38M/m²¥1.55M/m²¥1.74M/m²¥2.33M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.91M/m²–¥2.75M/m²

Nakane, Meguro Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNakane, Meguro Ward is1 year5 yearsCondos per m²Index
Nakane, Meguro Ward ¥1.30M/m²$768/sq ft +15.0%+45.3% ¥1.15M/m²—
Meguro Ward ¥1.37M/m²$812/sq ft 0.95x+13.5%+46.1% ¥1.36M/m²98
Tokyo ¥547K/m²$323/sq ft 2.4x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 10.9x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
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

Transaction prices MLIT Real Estate Information Library · last 2 years · 58 sales

Condos per m² (median)
¥1.15M/m²
Condo price (median)
¥57.0M
Land & building (median)
¥140.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 88 · Land & building 10 · Land 4

DistrictPeriodTypePriceAreaBuiltPer m²
NakaneQ2 2026Pre-owned condo (contract) ¥60.0M70 m²1971¥857K/m²
NakaneQ2 2026Pre-owned condo (contract) ¥120.0M70 m²1996¥1.71M/m²
NakaneQ2 2026Pre-owned condo (contract) ¥63.0M55 m²1977¥1.15M/m²
NakaneQ2 2026Pre-owned condo (contract) ¥69.0M55 m²2004¥1.25M/m²
NakaneQ2 2026Pre-owned condo (contract) ¥97.0M60 m²1999¥1.62M/m²
NakaneQ2 2026Pre-owned condo (contract) ¥110.0M85 m²1985¥1.29M/m²
NakaneQ2 2026Pre-owned condo ¥97.0M55 m²1999¥1.76M/m²
NakaneQ1 2026Pre-owned condo (contract) ¥39.0M40 m²2008¥975K/m²
NakaneQ1 2026Pre-owned condo (contract) ¥65.0M55 m²2005¥1.18M/m²
NakaneQ1 2026Pre-owned condo (contract) ¥40.0M40 m²1977¥1.00M/m²
NakaneQ1 2026Pre-owned condo (contract) ¥80.0M85 m²1981¥941K/m²
NakaneQ1 2026Pre-owned condo (contract) ¥62.0M70 m²1971¥886K/m²
NakaneQ1 2026Pre-owned condo (contract) ¥57.0M55 m²1977¥1.04M/m²
NakaneQ1 2026Pre-owned condo (contract) ¥130.0M70 m²1996¥1.86M/m²
NakaneQ1 2026Pre-owned condo (contract) ¥18.0M25 m²1978¥720K/m²
NakaneQ1 2026Pre-owned condo ¥57.0M50 m²1977¥1.14M/m²
NakaneQ1 2026Pre-owned condo ¥41.0M35 m²2008¥1.17M/m²
NakaneQ1 2026Pre-owned condo ¥18.0M15 m²1997¥1.20M/m²
NakaneQ1 2026Pre-owned condo ¥74.0M35 m²2012¥2.11M/m²
NakaneQ1 2026Pre-owned condo ¥69.0M30 m²2012¥2.30M/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Nakane, Meguro Ward is ¥1,300,000 per m² (about ¥4,297,520 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Nakane, Meguro Ward going up?

Land prices in Nakane, Meguro Ward have risen by +15.0% on average over the past year. Over five years the change is +45.3%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,145,454 per m², with a median price of ¥57.0 million (53 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,328,102 per m² in 10 years (range ¥1,909,044–¥2,747,160). 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.