Nishiki, Nerima Ward: property prices and land values

錦(練馬区)

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

Avg. residential land price
¥502K/m²
≈ $297/sq ft · 1 sites
#19 of 42 neighborhoods
Avg. commercial land price
No data
1-year change
+7.3%
Residential +7.3% · commercial —
5 years / 10 years
+23.3% / +40.2%
Same sites, chained
Pre-owned condos per m²
¥800K/m²
70 m² ≈ ¥56.0M · 19 sales
Pre-owned houses (median)
¥54.0M
≈ $343K · 17 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
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.8% a year
¥502K/m²¥521K/m²¥561K/m²¥603K/m²¥726K/m²

Forecasts are projections, not guarantees. 10-year range: ¥595K/m²–¥856K/m²

Nishiki, Nerima Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNishiki, Nerima Ward is1 year5 yearsCondos per m²Index
Nishiki, Nerima Ward ¥502K/m²$297/sq ft +7.3%+23.3% ¥800K/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 · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 練馬区錦1丁目254番14
Land Price Publication 2026
Residential¥502K/m²$297/sq ft +7.3%上板橋
900 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 38 sales

Condos per m² (median)
¥800K/m²
Condo price (median)
¥24.0M
Land & building (median)
¥54.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 31 · Land & building 21 · Land 6

DistrictPeriodTypePriceAreaBuiltPer m²
NishikiQ2 2026Pre-owned condo (contract) ¥9.0M20 m²1996¥450K/m²
NishikiQ2 2026Land & building (contract) ¥47.0M85 m²1992—
NishikiQ1 2026Pre-owned condo (contract) ¥8.2M30 m²1988¥273K/m²
NishikiQ1 2026Pre-owned condo (contract) ¥72.0M70 m²2014¥1.03M/m²
NishikiQ1 2026Pre-owned condo (contract) ¥17.0M65 m²1982¥262K/m²
NishikiQ1 2026Pre-owned condo (contract) ¥36.0M65 m²1999¥554K/m²
NishikiQ1 2026Land & building (contract) ¥78.0M100 m²2025—
NishikiQ1 2026Land & building (contract) ¥20.0M55 m²1973—
NishikiQ1 2026Pre-owned condo ¥24.0M30 m²2007¥800K/m²
NishikiQ1 2026Land ¥17.0M60 m²—¥280K/m²
NishikiQ1 2026Land & building ¥28.0M50 m²2007—
NishikiQ4 2025Pre-owned condo (contract) ¥55.0M60 m²2010¥917K/m²
NishikiQ4 2025Land & building (contract) ¥20.0M55 m²2007—
NishikiQ4 2025Land & building (contract) ¥58.0M80 m²2003—
NishikiQ4 2025Land ¥24.0M60 m²—¥390K/m²
NishikiQ4 2025Land & building ¥11.0M50 m²1975—
NishikiQ3 2025Pre-owned condo ¥32.0M25 m²2019¥1.28M/m²
NishikiQ3 2025Pre-owned condo ¥24.0M30 m²2007¥800K/m²
NishikiQ3 2025Land & building ¥54.0M115 m²1982—
NishikiQ2 2025Land & building (contract) ¥17.0M55 m²2007—

Nearby neighborhoods

FAQ

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

The average price of residential land in Nishiki, Nerima Ward is ¥502,000 per m² (about ¥1,659,504 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nishiki, Nerima Ward going up?

Land prices in Nishiki, Nerima Ward have risen by +7.3% on average over the past year. Over five years the change is +23.3%.

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

The median price of pre-owned condo transactions in the last two years is ¥800,000 per m², with a median price of ¥24.0 million (19 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +3.8% a year, reaching about ¥725,512 per m² in 10 years (range ¥594,920–¥856,104). 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.