Nakamachi, Setagaya Ward: property prices and land values

中町(世田谷区)

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

Avg. residential land price
¥810K/m²
≈ $476/sq ft · 2 sites
#29 of 58 neighborhoods
Avg. commercial land price
No data
1-year change
+7.0%
Residential +7.0% · commercial —
5 years / 10 years
+21.3% / +34.3%
Same sites, chained
Pre-owned condos per m²
¥1.18M/m²
70 m² ≈ ¥82.6M · 40 sales
Pre-owned houses (median)
¥125.0M
≈ $792K · 34 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

¥400K/m²¥600K/m²¥800K/m²¥1.00M/m²¥1.20M/m²2006201020142018202220262036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+3.7% a year
¥810K/m²¥839K/m²¥902K/m²¥969K/m²¥1.16M/m²

Forecasts are projections, not guarantees. 10-year range: ¥952K/m²–¥1.37M/m²

Nakamachi, Setagaya Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNakamachi, Setagaya Ward is1 year5 yearsCondos per m²Index
Nakamachi, Setagaya Ward ¥810K/m²$476/sq ft +7.0%+21.3% ¥1.18M/m²—
Setagaya Ward ¥777K/m²$457/sq ft 1.0x+7.2%+24.6% ¥1.05M/m²97
Tokyo ¥547K/m²$322/sq ft 1.5x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 6.8x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 世田谷区中町一丁目55番33
Prefectural Survey 2026
Residential¥815K/m²$480/sq ft +6.4%中規模一般住宅が多い閑静な住宅地域
東京都 世田谷区中町2丁目45番43
Land Price Publication 2026
Residential¥804K/m²$473/sq ft +7.6%等々力
330 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 81 sales

Condos per m² (median)
¥1.18M/m²
Condo price (median)
¥83.5M
Land & building (median)
¥125.0M
Land per m² (median)
¥940K/m²

Sales in the loaded period: Pre-owned condo 72 · Land & building 61 · Land 13

DistrictPeriodTypePriceAreaBuiltPer m²
NakamachiQ2 2026Land & building (contract) ¥110.0M115 m²1976—
NakamachiQ2 2026Land & building (contract) ¥110.0M120 m²1996—
NakamachiQ2 2026Pre-owned condo (contract) ¥51.0M75 m²2017¥680K/m²
NakamachiQ2 2026Pre-owned condo (contract) ¥63.0M50 m²2005¥1.26M/m²
NakamachiQ2 2026Land & building (contract) ¥140.0M105 m²2022—
NakamachiQ1 2026Land & building (contract) ¥110.0M65 m²2026—
NakamachiQ1 2026Land & building (contract) ¥200.0M215 m²1985—
NakamachiQ1 2026Land & building (contract) ¥74.0M50 m²2014—
NakamachiQ1 2026Pre-owned condo (contract) ¥140.0M85 m²2005¥1.65M/m²
NakamachiQ1 2026Land & building (contract) ¥120.0M130 m²2007—
NakamachiQ1 2026Land & building ¥550.0M270 m²2025—
NakamachiQ1 2026Land & building ¥180.0M120 m²2025—
NakamachiQ1 2026Land & building ¥220.0M200 m²1994—
NakamachiQ1 2026Pre-owned condo ¥18.0M55 m²1967¥327K/m²
NakamachiQ1 2026Pre-owned condo ¥140.0M80 m²2005¥1.75M/m²
NakamachiQ1 2026Land & building ¥100.0M80 m²2026—
NakamachiQ1 2026Land & building ¥27.0M45 m²1990—
NakamachiQ1 2026Land ¥43.0M55 m²—¥780K/m²
NakamachiQ4 2025Pre-owned condo (contract) ¥84.0M65 m²2014¥1.29M/m²
NakamachiQ4 2025Land & building (contract) ¥75.0M120 m²1996—

Nearby neighborhoods

FAQ

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

The average price of residential land in Nakamachi, Setagaya Ward is ¥809,500 per m² (about ¥2,676,033 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Nakamachi, Setagaya Ward going up?

Land prices in Nakamachi, Setagaya Ward have risen by +7.0% on average over the past year. Over five years the change is +21.3%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,179,524 per m², with a median price of ¥83.5 million (40 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +3.7% a year, reaching about ¥1,161,074 per m² in 10 years (range ¥952,081–¥1,370,067). 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.