Nishiazabu, Minato Ward: property prices and land values

西麻布(港区)

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

Avg. residential land price
¥2.46M/m²
≈ $1,444/sq ft · 2 sites
#9 of 13 neighborhoods
Avg. commercial land price
¥3.94M/m²
≈ $2,316/sq ft · 3 sites
1-year change
+16.5%
Residential +16.5% · commercial +16.6%
5 years / 10 years
+52.0% / +85.6%
Same sites, chained
Pre-owned condos per m²
¥1.85M/m²
70 m² ≈ ¥129.4M · 110 sales
Pre-owned houses (median)
¥600.0M
≈ $3.80M · 16 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/m²¥4.00M/m²¥5.00M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥2.46M/m²¥2.60M/m²¥2.92M/m²¥3.29M/m²¥4.40M/m²

Forecasts are projections, not guarantees. 10-year range: ¥3.61M/m²–¥5.19M/m²

Nishiazabu, Minato Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNishiazabu, Minato Ward is1 year5 yearsCondos per m²Index
Nishiazabu, Minato Ward ¥2.46M/m²$1,444/sq ft +16.5%+52.0% ¥1.85M/m²—
Minato Ward ¥3.03M/m²$1,783/sq ft 0.81x+14.6%+44.7% ¥1.92M/m²99
Tokyo ¥547K/m²$322/sq ft 4.5x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 20.5x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 港区西麻布三丁目23番23外
Prefectural Survey 2026
Commercial¥5.01M/m²$2,948/sq ft +16.2%中高層の店舗、事務所ビル等が建ち並ぶ商業地域
東京都 港区西麻布四丁目176番63外
Prefectural Survey 2026
Commercial¥3.57M/m²$2,100/sq ft +15.2%中層の店舗兼共同住宅等が建ち並ぶ近隣商業地域
東京都 港区西麻布4丁目52番5外
Land Price Publication 2026
Commercial¥3.23M/m²$1,900/sq ft +18.3%六本木
680 m
東京都 港区西麻布三丁目4番21
Prefectural Survey 2026
Residential¥2.76M/m²$1,624/sq ft +17.4%一般住宅、共同住宅が混在する閑静な住宅地域
東京都 港区西麻布1丁目1番147
Land Price Publication 2026
Residential¥2.15M/m²$1,265/sq ft +15.6%六本木
430 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 133 sales

Condos per m² (median)
¥1.85M/m²
Condo price (median)
¥88.0M
Land & building (median)
¥600.0M
Land per m² (median)
¥3.90M/m²

Sales in the loaded period: Pre-owned condo 196 · Land & building 27 · Land 10

DistrictPeriodTypePriceAreaBuiltPer m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥43.0M30 m²2012¥1.43M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥37.0M25 m²2003¥1.48M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥380.0M100 m²2014¥3.80M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥140.0M45 m²2014¥3.11M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥150.0M60 m²2019¥2.50M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥140.0M80 m²2014¥1.75M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥210.0M80 m²2000¥2.62M/m²
NishiazabuQ2 2026Pre-owned condo (contract) ¥180.0M70 m²2000¥2.57M/m²
NishiazabuQ2 2026Pre-owned condo ¥260.0M105 m²1985¥2.48M/m²
NishiazabuQ2 2026Pre-owned condo ¥60.0M30 m²1999¥2.00M/m²
NishiazabuQ2 2026Pre-owned condo ¥47.0M30 m²1999¥1.57M/m²
NishiazabuQ2 2026Pre-owned condo ¥290.0M80 m²2018¥3.62M/m²
NishiazabuQ2 2026Pre-owned condo ¥120.0M45 m²2013¥2.67M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥27.0M30 m²1976¥900K/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥87.0M45 m²1984¥1.93M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥95.0M55 m²1999¥1.73M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥26.0M25 m²1979¥1.04M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥78.0M45 m²1996¥1.73M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥110.0M55 m²1999¥2.00M/m²
NishiazabuQ1 2026Pre-owned condo (contract) ¥270.0M70 m²2014¥3.86M/m²

Nearby neighborhoods

FAQ

What is the average land price in Nishiazabu, Minato Ward?

The average price of residential land in Nishiazabu, Minato Ward is ¥2,455,000 per m² (about ¥8,115,702 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Nishiazabu, Minato Ward going up?

Land prices in Nishiazabu, Minato Ward have risen by +16.5% on average over the past year. Over five years the change is +52.0%.

How much do pre-owned condos cost in Nishiazabu, Minato Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,848,076 per m², with a median price of ¥88.0 million (110 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Nishiazabu, Minato Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥4,396,531 per m² in 10 years (range ¥3,605,155–¥5,187,907). 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 ¥157.9 = $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.