Shimoshakujii, Nerima Ward: property prices and land values

下石神井(練馬区)

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

Avg. residential land price
¥515K/m²
≈ $303/sq ft · 3 sites
#17 of 42 neighborhoods
Avg. commercial land price
No data
1-year change
+6.6%
Residential +6.6% · commercial —
5 years / 10 years
+21.5% / +30.7%
Same sites, chained
Pre-owned condos per m²
¥733K/m²
70 m² ≈ ¥51.3M · 17 sales
Pre-owned houses (median)
¥69.0M
≈ $437K · 51 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/m²2013201620192022202520292036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.6% a year
¥515K/m²¥533K/m²¥572K/m²¥613K/m²¥730K/m²

Forecasts are projections, not guarantees. 10-year range: ¥599K/m²–¥862K/m²

Shimoshakujii, Nerima Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftShimoshakujii, Nerima Ward is1 year5 yearsCondos per m²Index
Shimoshakujii, Nerima Ward ¥515K/m²$303/sq ft +6.6%+21.5% ¥733K/m²—
Nerima Ward ¥476K/m²$280/sq ft 1.1x+6.6%+23.1% ¥800K/m²95
Tokyo ¥547K/m²$322/sq ft 0.94x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 4.3x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 練馬区下石神井4丁目406番8
Land Price Publication 2026
Residential¥657K/m²$387/sq ft +9.0%上井草
770 m
東京都 練馬区下石神井二丁目129番71
Prefectural Survey 2026
Residential¥462K/m²$272/sq ft +5.5%中小一般住宅のほかアパート等が存する住宅地域
東京都 練馬区下石神井三丁目683番2
Prefectural Survey 2026
Residential¥426K/m²$251/sq ft +5.4%中小規模の一般住宅、アパートが多い住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 76 sales

Condos per m² (median)
¥733K/m²
Condo price (median)
¥45.0M
Land & building (median)
¥69.0M
Land per m² (median)
¥490K/m²

Sales in the loaded period: Land & building 104 · Pre-owned condo 37 · Land 18

DistrictPeriodTypePriceAreaBuiltPer m²
ShimoshakujiiQ2 2026Pre-owned condo (contract) ¥60.0M70 m²2007¥857K/m²
ShimoshakujiiQ2 2026Pre-owned condo (contract) ¥49.0M75 m²1995¥653K/m²
ShimoshakujiiQ2 2026Land & building (contract) ¥82.0M135 m²2019—
ShimoshakujiiQ2 2026Land & building (contract) ¥55.0M90 m²1995—
ShimoshakujiiQ2 2026Land & building (contract) ¥51.0M80 m²2009—
ShimoshakujiiQ2 2026Pre-owned condo (contract) ¥31.0M55 m²1995¥564K/m²
ShimoshakujiiQ2 2026Land & building (contract) ¥43.0M65 m²2017—
ShimoshakujiiQ2 2026Land & building (contract) ¥70.0M90 m²2020—
ShimoshakujiiQ2 2026Land & building (contract) ¥75.0M115 m²2016—
ShimoshakujiiQ2 2026Pre-owned condo (contract) ¥50.0M60 m²2010¥833K/m²
ShimoshakujiiQ2 2026Land & building (contract) ¥74.0M70 m²2026—
ShimoshakujiiQ2 2026Land & building ¥430.0M900 m²1988—
ShimoshakujiiQ1 2026Land & building (contract) ¥65.0M105 m²1995—
ShimoshakujiiQ1 2026Land & building (contract) ¥82.0M115 m²2025—
ShimoshakujiiQ1 2026Land & building (contract) ¥73.0M105 m²2025—
ShimoshakujiiQ1 2026Land & building (contract) ¥110.0M200 m²1973—
ShimoshakujiiQ1 2026Land & building (contract) ¥56.0M75 m²2026—
ShimoshakujiiQ1 2026Land & building (contract) ¥80.0M110 m²2025—
ShimoshakujiiQ1 2026Land & building (contract) ¥77.0M75 m²2026—
ShimoshakujiiQ1 2026Pre-owned condo (contract) ¥23.0M55 m²1996¥418K/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Shimoshakujii, Nerima Ward is ¥515,000 per m² (about ¥1,702,479 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Shimoshakujii, Nerima Ward going up?

Land prices in Shimoshakujii, Nerima Ward have risen by +6.6% on average over the past year. Over five years the change is +21.5%.

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

The median price of pre-owned condo transactions in the last two years is ¥733,333 per m², with a median price of ¥45.0 million (17 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +3.6% a year, reaching about ¥730,387 per m² in 10 years (range ¥598,917–¥861,857). 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.