Honan, Suginami Ward: property prices and land values

方南(杉並区)

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

Avg. residential land price
¥679K/m²
≈ $401/sq ft · 2 sites
#20 of 34 neighborhoods
Avg. commercial land price
¥1.28M/m²
≈ $756/sq ft · 1 sites
1-year change
+11.3%
Residential +8.3% · commercial +17.4%
5 years / 10 years
+40.1% / +68.2%
Same sites, chained
Pre-owned condos per m²
¥850K/m²
70 m² ≈ ¥59.5M · 33 sales
Pre-owned houses (median)
¥75.0M
≈ $477K · 11 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

¥0/m²¥500K/m²¥1.00M/m²¥1.50M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥679K/m²¥720K/m²¥809K/m²¥909K/m²¥1.22M/m²

Forecasts are projections, not guarantees. 10-year range: ¥997K/m²–¥1.43M/m²

Honan, Suginami Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftHonan, Suginami Ward is1 year5 yearsCondos per m²Index
Honan, Suginami Ward ¥679K/m²$401/sq ft +11.3%+40.1% ¥850K/m²—
Suginami Ward ¥726K/m²$429/sq ft 0.94x+10.8%+39.3% ¥1.00M/m²98
Tokyo ¥547K/m²$323/sq ft 1.2x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 5.7x+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 杉並区方南2丁目525番3
Land Price Publication 2026
Commercial¥1.28M/m²$756/sq ft +17.4%方南町
90 m
東京都 杉並区方南1丁目86番49
Land Price Publication 2026
Residential¥698K/m²$412/sq ft +8.6%笹塚
950 m
東京都 杉並区方南一丁目214番5外
Prefectural Survey 2026
Residential¥660K/m²$390/sq ft +8.0%中小規模一般住宅、アパートが建ち並ぶ住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 45 sales

Condos per m² (median)
¥850K/m²
Condo price (median)
¥32.0M
Land & building (median)
¥75.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 138 · Land & building 43 · Land 15

DistrictPeriodTypePriceAreaBuiltPer m²
HonanQ2 2026Pre-owned condo (contract) ¥21.0M60 m²1976¥350K/m²
HonanQ2 2026Pre-owned condo (contract) ¥24.0M35 m²1972¥686K/m²
HonanQ2 2026Pre-owned condo (contract) ¥90.0M75 m²2014¥1.20M/m²
HonanQ2 2026Pre-owned condo (contract) ¥32.0M50 m²1981¥640K/m²
HonanQ2 2026Pre-owned condo (contract) ¥120.0M70 m²2017¥1.71M/m²
HonanQ2 2026Pre-owned condo (contract) ¥88.0M95 m²1971¥926K/m²
HonanQ2 2026Pre-owned condo (contract) ¥49.0M65 m²1969¥754K/m²
HonanQ2 2026Pre-owned condo (contract) ¥57.0M85 m²1973¥671K/m²
HonanQ2 2026Pre-owned condo (contract) ¥11.0M30 m²1973¥367K/m²
HonanQ2 2026Pre-owned condo ¥22.0M20 m²2006¥1.10M/m²
HonanQ2 2026Land & building ¥50.0M55 m²——
HonanQ1 2026Pre-owned condo (contract) ¥50.0M50 m²1971¥1.00M/m²
HonanQ1 2026Pre-owned condo (contract) ¥38.0M50 m²1977¥760K/m²
HonanQ1 2026Pre-owned condo (contract) ¥21.0M70 m²1975¥300K/m²
HonanQ1 2026Pre-owned condo (contract) ¥120.0M70 m²2017¥1.71M/m²
HonanQ1 2026Land & building (contract) ¥74.0M75 m²2016—
HonanQ1 2026Pre-owned condo (contract) ¥30.0M45 m²1974¥667K/m²
HonanQ1 2026Pre-owned condo (contract) ¥110.0M70 m²2021¥1.57M/m²
HonanQ1 2026Pre-owned condo (contract) ¥25.0M35 m²1973¥714K/m²
HonanQ1 2026Pre-owned condo (contract) ¥68.0M80 m²1969¥850K/m²

Nearby neighborhoods

FAQ

What is the average land price in Honan, Suginami Ward?

The average price of residential land in Honan, Suginami Ward is ¥679,000 per m² (about ¥2,244,628 per tsubo), based on 2 sites in the official land price surveys (2026).

Are land prices in Honan, Suginami Ward going up?

Land prices in Honan, Suginami Ward have risen by +11.3% on average over the past year. Over five years the change is +40.1%.

How much do pre-owned condos cost in Honan, Suginami Ward?

The median price of pre-owned condo transactions in the last two years is ¥850,000 per m², with a median price of ¥32.0 million (33 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Honan, Suginami Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,215,986 per m² in 10 years (range ¥997,109–¥1,434,863). 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.