Shinagawa Ward: property prices and land values

品川区

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

Avg. residential land price
¥1.24M/m²
≈ $733/sq ft · 41 sites
#7 of 1795 municipalities in Japan
Avg. commercial land price
¥2.26M/m²
≈ $1,337/sq ft · 40 sites
1-year change
+13.8%
Residential +12.8% · commercial +14.8%
5 years / 10 years
+46.5% / +80.1%
Same sites, chained
Pre-owned condos per m²
¥1.35M/m²
70 m² ≈ ¥94.5M · 1244 sales
Pre-owned houses (median)
¥100.0M
≈ $636K · 216 sales
Real Estate Zukan Index
99/100
#6 in Japan
Total real estate value Estimate
Not by ward

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¥500K/m²¥1.00M/m²¥1.50M/m²¥2.00M/m²¥2.50M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥1.24M/m²¥1.31M/m²¥1.48M/m²¥1.66M/m²¥2.22M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.82M/m²–¥2.62M/m²

Total real estate value

Not by ward Assessed values are not published for Shinagawa Ward alone. The total for Tokyo 23 wards as a whole is ¥274.2 trillion (land ¥236.3 trillion, buildings ¥37.9 trillion).

Shinagawa Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftShinagawa Ward is1 year5 yearsCondos per m²Index
Shinagawa Ward ¥1.24M/m²$733/sq ft +13.8%+46.5% ¥1.35M/m²99
Tokyo 23 wards ¥852K/m²$504/sq ft 1.5x+10.9%+37.2% ¥1.11M/m²—
Tokyo ¥547K/m²$323/sq ft 2.3x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 10.4x+2.1%+8.0% ¥494K/m²—

Neighborhoods 25 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Higashigotanda
東五反田
¥2.06M/m² ¥2.87M/m² +15.2% +48.4% ¥1.74M/m² 91
Kitashinagawa
北品川
¥1.74M/m² ¥1.30M/m² +16.6% +55.7% ¥1.60M/m² 97
Kamiosaki
上大崎
¥1.73M/m² ¥3.84M/m² +14.9% +49.6% ¥1.57M/m² 70
Higashishinagawa
東品川
¥1.44M/m² ¥1.75M/m² +16.2% +54.7% ¥1.40M/m² 125
Osaki
大崎
¥1.31M/m² ¥3.11M/m² +15.1% +46.0% ¥2.15M/m² 73
Nishigotanda
西五反田
¥1.11M/m² ¥4.10M/m² +14.3% +44.4% ¥1.52M/m² 145
Koyama
小山
¥1.09M/m² ¥1.79M/m² +13.8% +44.1% ¥2.00M/m² 69
Ebara
荏原
¥1.09M/m² ¥1.70M/m² +14.1% +46.9% ¥1.36M/m² 62
Yutakacho
豊町
¥988K/m² — +6.9% +40.9% ¥1.48M/m² 32
Togoshi
戸越
¥987K/m² ¥1.59M/m² +11.1% +46.7% ¥1.40M/m² 38
Hiratsuka
平塚
¥977K/m² ¥1.49M/m² +10.5% +48.5% ¥1.13M/m² 33
Minamioi
南大井
¥968K/m² ¥2.21M/m² +14.4% +45.5% ¥1.00M/m² 190
Hatanodai
旗の台
¥962K/m² ¥1.28M/m² +11.3% +41.5% ¥909K/m² 52
Nishinakanobu
西中延
¥962K/m² — +10.5% +41.6% ¥1.10M/m² 27
Oi
大井
¥962K/m² ¥2.33M/m² +16.0% +47.9% ¥1.55M/m² 81
Higashioi
東大井
¥940K/m² ¥1.75M/m² +14.4% +47.7% ¥1.27M/m² 89
Futaba
二葉
¥899K/m² ¥1.01M/m² +14.6% +45.8% ¥1.58M/m² 33
Minamishinagawa
南品川
¥896K/m² ¥1.24M/m² +12.3% +42.5% ¥1.42M/m² 65
Nishishinagawa
西品川
¥886K/m² — +12.3% +42.0% ¥1.42M/m² 24
Nishioi
西大井
— — — — ¥1.20M/m² 40
Nakanobu
中延
— ¥1.39M/m² +14.2% +48.6% ¥1.40M/m² 31
Yashio
八潮
— — — +35.2% ¥533K/m² 21
Koyamadai
小山台
— ¥1.29M/m² +12.2% +43.3% ¥1.25M/m² 17
Katsushima
勝島
— — — — ¥1.21M/m² 10
Higashinakanobu
東中延
— ¥1.18M/m² +11.3% +40.5% ¥1.48M/m² 7

Official land price survey sites highest first · 60 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 品川区西五反田1丁目2番3外
Land Price Publication 2026
Commercial¥7.93M/m²$4,685/sq ft +18.4%五反田
100 m
東京都 品川区上大崎二丁目561番1
Prefectural Survey 2026
Commercial¥5.82M/m²$3,438/sq ft +14.8%中高層の店舗、事務所、共同住宅の多い商業地域
東京都 品川区上大崎2丁目561番1
Land Price Publication 2026
Commercial¥5.45M/m²$3,220/sq ft +19.0%目黒
200 m
東京都 品川区大崎1丁目342番1
Land Price Publication 2026
Commercial¥4.56M/m²$2,694/sq ft +16.9%大崎
250 m
東京都 品川区西五反田2丁目29番9外
Land Price Publication 2026
Commercial¥3.93M/m²$2,322/sq ft +16.3%五反田
370 m
東京都 品川区大崎3丁目296番18
Land Price Publication 2026
Commercial¥3.39M/m²$2,003/sq ft +17.3%大崎
90 m
東京都 品川区南大井6丁目1番7
Land Price Publication 2026
Commercial¥3.30M/m²$1,950/sq ft +15.8%大森
東京都 品川区東五反田1丁目92番4
Land Price Publication 2026
Residential¥3.30M/m²$1,950/sq ft +16.6%五反田
530 m
東京都 品川区大井1丁目10番4
Land Price Publication 2026
Commercial¥3.22M/m²$1,902/sq ft +19.3%大井町
180 m
東京都 品川区東五反田2丁目401番8
Land Price Publication 2026
Commercial¥3.19M/m²$1,885/sq ft +17.7%五反田
400 m
東京都 品川区西五反田2丁目9番1
Land Price Publication 2026
Commercial¥3.19M/m²$1,885/sq ft +18.6%五反田
270 m
東京都 品川区東五反田1丁目18番3外
Land Price Publication 2026
Commercial¥2.55M/m²$1,507/sq ft +17.0%五反田
370 m
東京都 品川区小山3丁目137番6外
Land Price Publication 2026
Commercial¥2.28M/m²$1,347/sq ft +16.9%武蔵小山
220 m
東京都 品川区上大崎1丁目444番68
Land Price Publication 2026
Commercial¥2.25M/m²$1,329/sq ft +17.2%目黒
500 m
東京都 品川区東品川2丁目3番14外
Land Price Publication 2026
Commercial¥2.17M/m²$1,282/sq ft +16.7%天王洲アイル
240 m
東京都 品川区東大井5丁目500番23外
Land Price Publication 2026
Commercial¥2.07M/m²$1,223/sq ft +16.9%大井町
330 m
東京都 品川区北品川五丁目628番2外
Prefectural Survey 2026
Residential¥1.96M/m²$1,158/sq ft +18.8%高層マンションが多く見られる住宅地域
東京都 品川区南大井3丁目6番20
Land Price Publication 2026
Commercial¥1.95M/m²$1,152/sq ft +16.8%大森海岸
130 m
東京都 品川区北品川1丁目123番4外
Land Price Publication 2026
Residential¥1.93M/m²$1,140/sq ft +17.7%北品川
380 m
東京都 品川区上大崎2丁目570番1
Land Price Publication 2026
Commercial¥1.83M/m²$1,081/sq ft +12.3%目黒
200 m
東京都 品川区東五反田5丁目60番288
Land Price Publication 2026
Residential¥1.82M/m²$1,075/sq ft +14.5%五反田
570 m
東京都 品川区戸越三丁目864番10
Prefectural Survey 2026
Commercial¥1.81M/m²$1,069/sq ft +11.0%中高層店舗兼共同住宅が多い国道沿いの商業地域
東京都 品川区上大崎二丁目270番70
Prefectural Survey 2026
Residential¥1.78M/m²$1,052/sq ft +11.9%一般住宅、マンションが建ち並ぶ山手の住宅地域
東京都 品川区東五反田三丁目191番439
Prefectural Survey 2026
Residential¥1.76M/m²$1,040/sq ft +11.4%中規模一般住宅等が多い高台の著名な住宅地域
東京都 品川区上大崎3丁目300番15
Land Price Publication 2026
Residential¥1.72M/m²$1,016/sq ft +14.7%目黒
500 m
東京都 品川区荏原4丁目157番2外
Land Price Publication 2026
Commercial¥1.70M/m²$1,004/sq ft +16.4%武蔵小山
400 m
東京都 品川区上大崎2丁目270番70
Land Price Publication 2026
Residential¥1.70M/m²$1,004/sq ft +14.1%目黒
680 m
東京都 品川区大崎5丁目16番1
Land Price Publication 2026
Residential¥1.63M/m²$963/sq ft +17.3%五反田
510 m
東京都 品川区平塚二丁目660番2
Prefectural Survey 2026
Commercial¥1.52M/m²$898/sq ft +10.1%小売店舗、飲食店等が建ち並ぶ駅前の商業地域
東京都 品川区東品川1丁目299番3
Land Price Publication 2026
Residential¥1.49M/m²$880/sq ft +18.3%天王洲アイル
850 m
東京都 品川区平塚2丁目660番2
Land Price Publication 2026
Commercial¥1.45M/m²$857/sq ft +11.5%戸越銀座
東京都 品川区南品川三丁目434番1外
Prefectural Survey 2026
Commercial¥1.44M/m²$851/sq ft +9.9%飲食店、小売店舗等が連たんする駅前の商業地域
東京都 品川区大井3丁目4138番2外
Land Price Publication 2026
Commercial¥1.44M/m²$851/sq ft +16.1%大井町
500 m
東京都 品川区中延6丁目748番7
Land Price Publication 2026
Commercial¥1.44M/m²$851/sq ft +17.1%中延
150 m
東京都 品川区東大井1丁目1272番15
Land Price Publication 2026
Commercial¥1.43M/m²$845/sq ft +17.2%鮫洲
220 m
東京都 品川区中延二丁目294番5外
Prefectural Survey 2026
Commercial¥1.43M/m²$845/sq ft +15.3%店舗、中高層共同住宅等が多い駅前の商業地域
東京都 品川区大崎二丁目235番2
Prefectural Survey 2026
Commercial¥1.39M/m²$821/sq ft +12.1%中低層の店舗兼共同住宅が建ち並ぶ近隣商業地域
東京都 品川区戸越五丁目10番4
Prefectural Survey 2026
Commercial¥1.38M/m²$815/sq ft +10.4%中低層の店舗、共同住宅が多い商業地域
東京都 品川区東品川4丁目13番
Land Price Publication 2026
Residential¥1.38M/m²$815/sq ft +20.0%青物横丁
350 m
東京都 品川区南大井3丁目105番2
Land Price Publication 2026
Commercial¥1.37M/m²$809/sq ft +16.1%大森
600 m
東京都 品川区東五反田4丁目8番78
Land Price Publication 2026
Residential¥1.37M/m²$809/sq ft +14.2%高輪台
450 m
東京都 品川区西五反田五丁目484番4
Prefectural Survey 2026
Commercial¥1.36M/m²$803/sq ft +10.6%飲食店、店舗兼住宅等が建ち並ぶ駅前の商業地域
東京都 品川区北品川5丁目718番48
Land Price Publication 2026
Residential¥1.32M/m²$780/sq ft +13.8%北品川
630 m
東京都 品川区東品川三丁目42番2
Prefectural Survey 2026
Commercial¥1.32M/m²$780/sq ft +10.0%中高層の店舗、事務所、マンションが多い地域
東京都 品川区中延五丁目945番5
Prefectural Survey 2026
Commercial¥1.31M/m²$774/sq ft +10.1%中低層の各種店舗等が建ち並ぶ駅前の商業地域
東京都 品川区小山六丁目374番1
Prefectural Survey 2026
Commercial¥1.30M/m²$768/sq ft +10.2%中層店舗併用住宅を中心とする駅前近隣商業地域
東京都 品川区北品川1丁目93番4外
Land Price Publication 2026
Commercial¥1.30M/m²$768/sq ft +16.1%北品川
130 m
東京都 品川区旗の台三丁目964番5
Prefectural Survey 2026
Commercial¥1.29M/m²$762/sq ft +9.3%飲食店、小売店舗等の集まる駅前の商業地域
東京都 品川区西五反田4丁目552番10
Land Price Publication 2026
Residential¥1.29M/m²$762/sq ft +14.2%不動前
400 m
東京都 品川区小山台1丁目166番9
Land Price Publication 2026
Commercial¥1.29M/m²$762/sq ft +12.2%武蔵小山
240 m
東京都 品川区旗の台1丁目161番23
Land Price Publication 2026
Commercial¥1.27M/m²$750/sq ft +16.5%旗の台
640 m
東京都 品川区東中延2丁目445番3外
Land Price Publication 2026
Commercial¥1.18M/m²$697/sq ft +11.3%中延
170 m
東京都 品川区小山7丁目509番17
Land Price Publication 2026
Residential¥1.13M/m²$668/sq ft +15.3%洗足
310 m
東京都 品川区豊町1丁目1139番16
Land Price Publication 2026
Residential¥1.11M/m²$656/sq ft +11.7%戸越
700 m
東京都 品川区荏原1丁目506番40
Land Price Publication 2026
Residential¥1.09M/m²$644/sq ft +14.6%戸越銀座
470 m
東京都 品川区大井5丁目4545番4
Land Price Publication 2026
Residential¥1.09M/m²$644/sq ft +17.7%西大井
870 m
東京都 品川区荏原三丁目200番28
Prefectural Survey 2026
Residential¥1.09M/m²$644/sq ft +11.2%小規模一般住宅が多く見られる住宅地域
東京都 品川区旗の台六丁目1083番18
Prefectural Survey 2026
Residential¥1.09M/m²$644/sq ft +9.0%中規模一般住宅の多い閑静な住宅地域
東京都 品川区小山5丁目37番15
Land Price Publication 2026
Residential¥1.05M/m²$620/sq ft +12.9%西小山
400 m
東京都 品川区西五反田四丁目818番10
Prefectural Survey 2026
Residential¥1.04M/m²$614/sq ft +9.5%中小規模住宅、アパート等が混在する住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 1,522 sales

Condos per m² (median)
¥1.35M/m²
Condo price (median)
¥60.0M
Land & building (median)
¥100.0M
Land per m² (median)
¥1.30M/m²

Sales in the loaded period: Pre-owned condo 5,070 · Land & building 956 · Land 354

DistrictPeriodTypePriceAreaBuiltPer m²
MinamioiQ2 2026Pre-owned condo (contract) ¥46.0M50 m²1977¥920K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥52.0M40 m²2004¥1.30M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥40.0M60 m²1981¥667K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥84.0M80 m²1980¥1.05M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥70.0M60 m²1997¥1.17M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥98.0M70 m²2006¥1.40M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥86.0M60 m²2004¥1.43M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥110.0M65 m²2018¥1.69M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥46.0M55 m²1980¥836K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥52.0M50 m²2004¥1.04M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥40.0M35 m²1992¥1.14M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥17.0M30 m²2005¥567K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥20.0M45 m²1982¥444K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥48.0M55 m²1978¥873K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥92.0M65 m²2015¥1.42M/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥30.0M35 m²1973¥857K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥46.0M55 m²1970¥836K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥60.0M65 m²1980¥923K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥45.0M55 m²1970¥818K/m²
MinamioiQ2 2026Pre-owned condo (contract) ¥25.0M35 m²1973¥714K/m²

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
99
1-year growth
99
5-year growth
98
10-year growth
97
Price level
100
Condo price level
99

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Shinagawa Ward?

The average price of residential land in Shinagawa Ward is ¥1,240,024 per m² (about ¥4,099,253 per tsubo), based on 41 sites in the official land price surveys (2026).

Are land prices in Shinagawa Ward going up?

Land prices in Shinagawa Ward have risen by +13.8% on average over the past year. Over five years the change is +46.5%.

How much do pre-owned condos cost in Shinagawa Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,350,000 per m², with a median price of ¥60.0 million (1244 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Shinagawa Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,220,694 per m² in 10 years (range ¥1,820,969–¥2,620,419). 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.