Kitazawa, Setagaya Ward: property prices and land values

北沢(世田谷区)

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

Avg. residential land price
¥918K/m²
≈ $543/sq ft · 3 sites
#12 of 58 neighborhoods
Avg. commercial land price
¥2.72M/m²
≈ $1,607/sq ft · 3 sites
1-year change
+9.5%
Residential +7.6% · commercial +11.4%
5 years / 10 years
+31.3% / +71.0%
Same sites, chained
Pre-owned condos per m²
¥1.32M/m²
70 m² ≈ ¥92.7M · 16 sales
Pre-owned houses (median)
¥150.0M
≈ $954K · 14 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/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+5.3% a year
¥918K/m²¥967K/m²¥1.07M/m²¥1.19M/m²¥1.55M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.27M/m²–¥1.82M/m²

Kitazawa, Setagaya Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftKitazawa, Setagaya Ward is1 year5 yearsCondos per m²Index
Kitazawa, Setagaya Ward ¥918K/m²$543/sq ft +9.5%+31.3% ¥1.32M/m²—
Setagaya Ward ¥777K/m²$459/sq ft 1.2x+7.2%+24.6% ¥1.10M/m²97
Tokyo ¥547K/m²$323/sq ft 1.7x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 7.7x+2.1%+8.0% ¥494K/m²—

Official land price survey sites highest first · 6 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 世田谷区北沢2丁目1045番37
Land Price Publication 2026
Commercial¥3.48M/m²$2,056/sq ft +12.3%下北沢
70 m
東京都 世田谷区北沢二丁目294番1
Prefectural Survey 2026
Commercial¥2.61M/m²$1,542/sq ft +10.6%店舗、事務所が建ち並ぶ商業地域
東京都 世田谷区北沢2丁目970番5
Land Price Publication 2026
Commercial¥2.07M/m²$1,223/sq ft +11.3%下北沢
200 m
東京都 世田谷区北沢1丁目501番3
Land Price Publication 2026
Residential¥981K/m²$580/sq ft +7.3%東北沢
220 m
東京都 世田谷区北沢4丁目650番11
Land Price Publication 2026
Residential¥894K/m²$528/sq ft +7.2%東北沢
550 m
東京都 世田谷区北沢五丁目823番15
Prefectural Survey 2026
Residential¥880K/m²$520/sq ft +8.4%一般住宅のほかアパートが建ち並ぶ住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 34 sales

Condos per m² (median)
¥1.32M/m²
Condo price (median)
¥67.0M
Land & building (median)
¥150.0M
Land per m² (median)
¥1.50M/m²

Sales in the loaded period: Pre-owned condo 70 · Land & building 70 · Land 22

DistrictPeriodTypePriceAreaBuiltPer m²
KitazawaQ2 2026Pre-owned condo (contract) ¥28.0M30 m²1982¥933K/m²
KitazawaQ2 2026Pre-owned condo (contract) ¥95.0M60 m²1983¥1.58M/m²
KitazawaQ2 2026Land & building (contract) ¥110.0M70 m²2024—
KitazawaQ2 2026Pre-owned condo (contract) ¥77.0M85 m²1984¥906K/m²
KitazawaQ2 2026Pre-owned condo (contract) ¥30.0M30 m²1988¥1.00M/m²
KitazawaQ2 2026Land & building (contract) ¥150.0M95 m²2007—
KitazawaQ2 2026Pre-owned condo (contract) ¥59.0M40 m²1983¥1.48M/m²
KitazawaQ2 2026Pre-owned condo (contract) ¥85.0M55 m²1998¥1.55M/m²
KitazawaQ2 2026Land ¥120.0M110 m²—¥1.10M/m²
KitazawaQ1 2026Pre-owned condo (contract) ¥93.0M70 m²1986¥1.33M/m²
KitazawaQ1 2026Pre-owned condo (contract) ¥29.0M35 m²1970¥829K/m²
KitazawaQ1 2026Pre-owned condo (contract) ¥30.0M40 m²1980¥750K/m²
KitazawaQ1 2026Pre-owned condo (contract) ¥150.0M65 m²2021¥2.31M/m²
KitazawaQ1 2026Land & building (contract) ¥90.0M80 m²1990—
KitazawaQ1 2026Pre-owned condo (contract) ¥9.0M15 m²1984¥600K/m²
KitazawaQ1 2026Land & building ¥25.0M50 m²1991—
KitazawaQ1 2026Land & building ¥520.0M150 m²1984—
KitazawaQ1 2026Land & building ¥150.0M100 m²1971—
KitazawaQ1 2026Land & building ¥760.0M290 m²2005—
KitazawaQ1 2026Land & building ¥74.0M60 m²1985—

Nearby neighborhoods

FAQ

What is the average land price in Kitazawa, Setagaya Ward?

The average price of residential land in Kitazawa, Setagaya Ward is ¥918,333 per m² (about ¥3,035,811 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Kitazawa, Setagaya Ward going up?

Land prices in Kitazawa, Setagaya Ward have risen by +9.5% on average over the past year. Over five years the change is +31.3%.

How much do pre-owned condos cost in Kitazawa, Setagaya Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,324,286 per m², with a median price of ¥67.0 million (16 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kitazawa, Setagaya Ward?

The Fudosan Zukan model projects residential land prices to change by +5.3% a year, reaching about ¥1,545,354 per m² in 10 years (range ¥1,267,190–¥1,823,518). 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.