Kagurazaka, Shinjuku Ward: property prices and land values

神楽坂(新宿区)

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

Avg. residential land price
No data
Avg. commercial land price
¥3.15M/m²
≈ $1,847/sq ft · 3 sites
1-year change
+14.8%
Residential — · commercial +14.8%
5 years / 10 years
+57.6% / +105.4%
Same sites, chained
Pre-owned condos per m²
¥1.28M/m²
70 m² ≈ ¥89.4M · 21 sales
Pre-owned houses (median)
¥315.0M
≈ $1.99M · 6 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

¥1.00M/m²¥2.00M/m²¥3.00M/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
—¥3.34M/m²¥3.75M/m²¥4.21M/m²¥5.64M/m²

Forecasts are projections, not guarantees. 10-year range: ¥4.62M/m²–¥6.65M/m²

Kagurazaka, Shinjuku Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftKagurazaka, Shinjuku Ward is1 year5 yearsCondos per m²Index
Kagurazaka, Shinjuku Ward —— +14.8%+57.6% ¥1.28M/m²—
Shinjuku Ward ¥1.13M/m²$663/sq ft +13.2%+45.9% ¥1.33M/m²99
Tokyo ¥547K/m²$321/sq ft +8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 3 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 新宿区神楽坂2丁目12番18
Land Price Publication 2026
Commercial¥4.31M/m²$2,530/sq ft +11.7%飯田橋
200 m
東京都 新宿区神楽坂6丁目64番
Land Price Publication 2026
Commercial¥2.90M/m²$1,702/sq ft +16.0%神楽坂
150 m
東京都 新宿区神楽坂3丁目1番16
Land Price Publication 2026
Commercial¥2.23M/m²$1,309/sq ft +16.8%飯田橋
370 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 29 sales

Condos per m² (median)
¥1.28M/m²
Condo price (median)
¥83.0M
Land & building (median)
¥315.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 41 · Land & building 11 · Land 3

DistrictPeriodTypePriceAreaBuiltPer m²
KagurazakaQ2 2026Pre-owned condo (contract) ¥110.0M45 m²2023¥2.44M/m²
KagurazakaQ2 2026Pre-owned condo (contract) ¥130.0M100 m²2003¥1.30M/m²
KagurazakaQ2 2026Pre-owned condo (contract) ¥43.0M55 m²2003¥782K/m²
KagurazakaQ2 2026Pre-owned condo (contract) ¥78.0M75 m²2003¥1.04M/m²
KagurazakaQ2 2026Pre-owned condo (contract) ¥84.0M50 m²2001¥1.68M/m²
KagurazakaQ2 2026Land & building ¥300.0M80 m²2019—
KagurazakaQ2 2026Pre-owned condo ¥84.0M45 m²2001¥1.87M/m²
KagurazakaQ1 2026Pre-owned condo (contract) ¥110.0M50 m²2011¥2.20M/m²
KagurazakaQ1 2026Pre-owned condo (contract) ¥100.0M75 m²2003¥1.33M/m²
KagurazakaQ1 2026Pre-owned condo (contract) ¥83.0M65 m²2003¥1.28M/m²
KagurazakaQ1 2026Pre-owned condo (contract) ¥19.0M25 m²1982¥760K/m²
KagurazakaQ1 2026Land & building ¥200.0M40 m²2016—
KagurazakaQ4 2025Pre-owned condo (contract) ¥74.0M40 m²2001¥1.85M/m²
KagurazakaQ4 2025Pre-owned condo (contract) ¥95.0M80 m²2003¥1.19M/m²
KagurazakaQ4 2025Pre-owned condo (contract) ¥77.0M75 m²2003¥1.03M/m²
KagurazakaQ4 2025Pre-owned condo (contract) ¥37.0M50 m²1973¥740K/m²
KagurazakaQ4 2025Land & building ¥300.0M100 m²1952—
KagurazakaQ4 2025Land & building ¥330.0M135 m²——
KagurazakaQ4 2025Land ¥90.0M60 m²—¥1.60M/m²
KagurazakaQ4 2025Pre-owned condo ¥81.0M35 m²2001¥2.31M/m²

Nearby neighborhoods

FAQ

Are land prices in Kagurazaka, Shinjuku Ward going up?

Land prices in Kagurazaka, Shinjuku Ward have risen by +14.8% on average over the past year. Over five years the change is +57.6%.

How much do pre-owned condos cost in Kagurazaka, Shinjuku Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,276,923 per m², with a median price of ¥83.0 million (21 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Kagurazaka, Shinjuku Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥5,635,201 per m² in 10 years (range ¥4,620,865–¥6,649,537). 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 ¥158.25 = $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.