Kitamachi, Nerima Ward: property prices and land values

北町(練馬区)

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

Avg. residential land price
¥500K/m²
≈ $296/sq ft · 4 sites
#20 of 42 neighborhoods
Avg. commercial land price
¥748K/m²
≈ $442/sq ft · 2 sites
1-year change
+7.6%
Residential +7.4% · commercial +8.0%
5 years / 10 years
+26.4% / +44.2%
Same sites, chained
Pre-owned condos per m²
¥840K/m²
70 m² ≈ ¥58.8M · 113 sales
Pre-owned houses (median)
¥68.0M
≈ $432K · 44 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

¥200K/m²¥400K/m²¥600K/m²¥800K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+4.3% a year
¥500K/m²¥522K/m²¥567K/m²¥617K/m²¥761K/m²

Forecasts are projections, not guarantees. 10-year range: ¥624K/m²–¥898K/m²

Kitamachi, Nerima Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftKitamachi, Nerima Ward is1 year5 yearsCondos per m²Index
Kitamachi, Nerima Ward ¥500K/m²$296/sq ft +7.6%+26.4% ¥840K/m²—
Nerima Ward ¥476K/m²$281/sq ft 1.1x+6.6%+23.1% ¥800K/m²95
Tokyo ¥547K/m²$323/sq ft 0.92x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 4.2x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 練馬区北町8丁目957番2
Land Price Publication 2026
Commercial¥784K/m²$463/sq ft +8.3%地下鉄赤塚
80 m
東京都 練馬区北町一丁目181番5
Prefectural Survey 2026
Commercial¥712K/m²$421/sq ft +7.7%中小規模の小売店舗が建ち並ぶ商業地域
東京都 練馬区北町一丁目490番1
Prefectural Survey 2026
Residential¥536K/m²$317/sq ft +7.6%一般住宅、アパート、事務所等が混在する地域
東京都 練馬区北町八丁目999番7
Prefectural Survey 2026
Residential¥505K/m²$298/sq ft +7.7%一般住宅の中にアパート等も見られる住宅地域
東京都 練馬区北町7丁目1127番32
Land Price Publication 2026
Residential¥492K/m²$291/sq ft +7.0%平和台
530 m
東京都 練馬区北町1丁目65番6
Land Price Publication 2026
Residential¥468K/m²$276/sq ft +7.3%東武練馬
780 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 168 sales

Condos per m² (median)
¥840K/m²
Condo price (median)
¥39.0M
Land & building (median)
¥68.0M
Land per m² (median)
¥560K/m²

Sales in the loaded period: Pre-owned condo 208 · Land & building 74 · Land 16

DistrictPeriodTypePriceAreaBuiltPer m²
KitamachiQ2 2026Pre-owned condo (contract) ¥39.0M40 m²2016¥975K/m²
KitamachiQ2 2026Land & building (contract) ¥54.0M55 m²2026—
KitamachiQ2 2026Land & building (contract) ¥62.0M100 m²2004—
KitamachiQ2 2026Pre-owned condo (contract) ¥60.0M80 m²2007¥750K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥56.0M55 m²2016¥1.02M/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥40.0M55 m²1987¥727K/m²
KitamachiQ2 2026Land & building (contract) ¥29.0M100 m²1984—
KitamachiQ2 2026Pre-owned condo (contract) ¥49.0M70 m²2003¥700K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥44.0M60 m²2002¥733K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥55.0M45 m²2024¥1.22M/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥49.0M65 m²1999¥754K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥39.0M60 m²1990¥650K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥22.0M30 m²2014¥733K/m²
KitamachiQ2 2026Land & building (contract) ¥90.0M120 m²2003—
KitamachiQ2 2026Pre-owned condo (contract) ¥37.0M55 m²1987¥673K/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥79.0M75 m²2019¥1.05M/m²
KitamachiQ2 2026Pre-owned condo (contract) ¥28.0M30 m²2008¥933K/m²
KitamachiQ2 2026Pre-owned condo ¥53.0M45 m²2016¥1.18M/m²
KitamachiQ2 2026Pre-owned condo ¥47.0M65 m²2017¥723K/m²
KitamachiQ2 2026Pre-owned condo ¥74.0M65 m²2016¥1.14M/m²

Nearby neighborhoods

FAQ

What is the average land price in Kitamachi, Nerima Ward?

The average price of residential land in Kitamachi, Nerima Ward is ¥500,250 per m² (about ¥1,653,719 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Kitamachi, Nerima Ward going up?

Land prices in Kitamachi, Nerima Ward have risen by +7.6% on average over the past year. Over five years the change is +26.4%.

How much do pre-owned condos cost in Kitamachi, Nerima Ward?

The median price of pre-owned condo transactions in the last two years is ¥840,000 per m², with a median price of ¥39.0 million (113 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kitamachi, Nerima Ward?

The Fudosan Zukan model projects residential land prices to change by +4.3% a year, reaching about ¥760,999 per m² in 10 years (range ¥624,019–¥897,979). 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.