Wakabayashi, Setagaya Ward: property prices and land values

若林(世田谷区)

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

Avg. residential land price
¥799K/m²
≈ $470/sq ft · 3 sites
#31 of 58 neighborhoods
Avg. commercial land price
¥931K/m²
≈ $548/sq ft · 1 sites
1-year change
+7.0%
Residential +6.5% · commercial +8.6%
5 years / 10 years
+24.3% / +57.3%
Same sites, chained
Pre-owned condos per m²
¥1.01M/m²
70 m² ≈ ¥70.8M · 85 sales
Pre-owned houses (median)
¥90.5M
≈ $573K · 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

¥250K/m²¥500K/m²¥750K/m²¥1.00M/m²¥1.25M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+4.2% a year
¥799K/m²¥833K/m²¥904K/m²¥982K/m²¥1.21M/m²

Forecasts are projections, not guarantees. 10-year range: ¥990K/m²–¥1.42M/m²

Wakabayashi, Setagaya Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftWakabayashi, Setagaya Ward is1 year5 yearsCondos per m²Index
Wakabayashi, Setagaya Ward ¥799K/m²$470/sq ft +7.0%+24.3% ¥1.01M/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 6.7x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 世田谷区若林5丁目576番4
Land Price Publication 2026
Commercial¥931K/m²$548/sq ft +8.6%若林
170 m
東京都 世田谷区若林2丁目465番6
Land Price Publication 2026
Residential¥819K/m²$482/sq ft +6.2%西太子堂
350 m
東京都 世田谷区若林3丁目216番6
Land Price Publication 2026
Residential¥794K/m²$467/sq ft +7.6%松陰神社前
230 m
東京都 世田谷区若林5丁目598番1内
Land Price Publication 2026
Residential¥784K/m²$461/sq ft +5.7%若林
340 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 129 sales

Condos per m² (median)
¥1.01M/m²
Condo price (median)
¥54.0M
Land & building (median)
¥90.5M
Land per m² (median)
¥1.10M/m²

Sales in the loaded period: Pre-owned condo 138 · Land & building 50 · Land 17

DistrictPeriodTypePriceAreaBuiltPer m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥60.0M40 m²2023¥1.50M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥35.0M50 m²1974¥700K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥80.0M75 m²2013¥1.07M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥35.0M50 m²1967¥700K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥72.0M50 m²2010¥1.44M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥54.0M55 m²1982¥982K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥33.0M45 m²1977¥733K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥59.0M60 m²1995¥983K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥140.0M85 m²2011¥1.65M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥55.0M50 m²1976¥1.10M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥54.0M40 m²2006¥1.35M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥30.0M40 m²1968¥750K/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥29.0M25 m²2005¥1.16M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥60.0M55 m²1982¥1.09M/m²
WakabayashiQ2 2026Pre-owned condo (contract) ¥83.0M70 m²2004¥1.19M/m²
WakabayashiQ2 2026Pre-owned condo ¥63.0M35 m²2023¥1.80M/m²
WakabayashiQ2 2026Pre-owned condo ¥47.0M55 m²1986¥855K/m²
WakabayashiQ2 2026Pre-owned condo ¥11.0M20 m²1987¥550K/m²
WakabayashiQ1 2026Pre-owned condo (contract) ¥120.0M125 m²1988¥960K/m²
WakabayashiQ1 2026Pre-owned condo (contract) ¥110.0M65 m²2011¥1.69M/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Wakabayashi, Setagaya Ward is ¥799,000 per m² (about ¥2,641,322 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Wakabayashi, Setagaya Ward going up?

Land prices in Wakabayashi, Setagaya Ward have risen by +7.0% on average over the past year. Over five years the change is +24.3%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,011,764 per m², with a median price of ¥54.0 million (85 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +4.2% a year, reaching about ¥1,207,045 per m² in 10 years (range ¥989,777–¥1,424,313). 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.