Okamoto, Setagaya Ward: property prices and land values

岡本(世田谷区)

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

Avg. residential land price
¥597K/m²
≈ $353/sq ft · 3 sites
#48 of 58 neighborhoods
Avg. commercial land price
No data
1-year change
+5.7%
Residential +5.7% · commercial —
5 years / 10 years
+19.7% / +32.9%
Same sites, chained
Pre-owned condos per m²
¥987K/m²
70 m² ≈ ¥69.1M · 16 sales
Pre-owned houses (median)
¥93.0M
≈ $591K · 9 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
+3.3% a year
¥597K/m²¥617K/m²¥658K/m²¥702K/m²¥826K/m²

Forecasts are projections, not guarantees. 10-year range: ¥677K/m²–¥974K/m²

Okamoto, Setagaya Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftOkamoto, Setagaya Ward is1 year5 yearsCondos per m²Index
Okamoto, Setagaya Ward ¥597K/m²$353/sq ft +5.7%+19.7% ¥987K/m²—
Setagaya Ward ¥777K/m²$459/sq ft 0.77x+7.2%+24.6% ¥1.10M/m²97
Tokyo ¥547K/m²$323/sq ft 1.1x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 5.0x+2.1%+8.0% ¥494K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 世田谷区岡本二丁目617番4
Prefectural Survey 2026
Residential¥667K/m²$394/sq ft +6.2%一般住宅のほかに共同住宅等も見られる住宅地域
東京都 世田谷区岡本1丁目1274番1外
Land Price Publication 2026
Residential¥581K/m²$343/sq ft +8.0%用賀
1.2 km
東京都 世田谷区岡本三丁目408番4
Prefectural Survey 2026
Residential¥544K/m²$321/sq ft +3.0%中規模一般住宅の中に空地等が見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 27 sales

Condos per m² (median)
¥987K/m²
Condo price (median)
¥76.0M
Land & building (median)
¥93.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 53 · Land & building 45 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
OkamotoQ2 2026Pre-owned condo (contract) ¥77.0M75 m²2009¥1.03M/m²
OkamotoQ2 2026Pre-owned condo (contract) ¥87.0M80 m²2009¥1.09M/m²
OkamotoQ2 2026Pre-owned condo (contract) ¥94.0M70 m²2010¥1.34M/m²
OkamotoQ2 2026Pre-owned condo (contract) ¥83.0M95 m²2002¥874K/m²
OkamotoQ2 2026Pre-owned condo (contract) ¥62.0M65 m²2006¥954K/m²
OkamotoQ2 2026Land & building (contract) ¥170.0M290 m²1983—
OkamotoQ2 2026Land & building (contract) ¥140.0M175 m²2000—
OkamotoQ1 2026Pre-owned condo (contract) ¥120.0M90 m²2007¥1.33M/m²
OkamotoQ1 2026Pre-owned condo (contract) ¥82.0M115 m²1988¥713K/m²
OkamotoQ1 2026Land & building (contract) ¥70.0M100 m²2007—
OkamotoQ1 2026Land & building (contract) ¥93.0M110 m²2016—
OkamotoQ1 2026Land & building (contract) ¥93.0M100 m²2013—
OkamotoQ1 2026Pre-owned condo (contract) ¥200.0M185 m²1985¥1.08M/m²
OkamotoQ1 2026Land & building ¥130.0M100 m²2020—
OkamotoQ1 2026Pre-owned condo ¥74.0M70 m²2009¥1.06M/m²
OkamotoQ1 2026Land ¥99.0M155 m²—¥640K/m²
OkamotoQ4 2025Pre-owned condo (contract) ¥120.0M80 m²2010¥1.50M/m²
OkamotoQ4 2025Pre-owned condo (contract) ¥74.0M75 m²2009¥987K/m²
OkamotoQ4 2025Pre-owned condo (contract) ¥38.0M45 m²1986¥844K/m²
OkamotoQ4 2025Land & building (contract) ¥93.0M115 m²2014—

Nearby neighborhoods

FAQ

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

The average price of residential land in Okamoto, Setagaya Ward is ¥597,333 per m² (about ¥1,974,654 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Okamoto, Setagaya Ward going up?

Land prices in Okamoto, Setagaya Ward have risen by +5.7% on average over the past year. Over five years the change is +19.7%.

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

The median price of pre-owned condo transactions in the last two years is ¥986,666 per m², with a median price of ¥76.0 million (16 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +3.3% a year, reaching about ¥825,610 per m² in 10 years (range ¥677,000–¥974,220). 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.