Honjo, Sumida Ward: property prices and land values

本所(墨田区)

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

Avg. residential land price
¥697K/m²
≈ $412/sq ft · 1 sites
#6 of 14 neighborhoods
Avg. commercial land price
No data
1-year change
+13.5%
Residential +13.5% · commercial —
5 years / 10 years
+41.7% / +70.0%
Same sites, chained
Pre-owned condos per m²
¥1.12M/m²
70 m² ≈ ¥78.8M · 81 sales
Pre-owned houses (median)
¥139.5M
≈ $887K · 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

¥250K/m²¥500K/m²¥750K/m²¥1.00M/m²¥1.25M/m²20162018202020222024202620292036
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥697K/m²¥739K/m²¥830K/m²¥933K/m²¥1.25M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.02M/m²–¥1.47M/m²

Honjo, Sumida Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftHonjo, Sumida Ward is1 year5 yearsCondos per m²Index
Honjo, Sumida Ward ¥697K/m²$412/sq ft +13.5%+41.7% ¥1.12M/m²—
Sumida Ward ¥621K/m²$367/sq ft 1.1x+13.9%+45.5% ¥1.04M/m²98
Tokyo ¥547K/m²$323/sq ft 1.3x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft 5.8x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 墨田区本所2丁目14番4
Land Price Publication 2026
Residential¥697K/m²$412/sq ft +13.5%本所吾妻橋
930 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 91 sales

Condos per m² (median)
¥1.12M/m²
Condo price (median)
¥36.0M
Land & building (median)
¥139.5M
Land per m² (median)
¥1.45M/m²

Sales in the loaded period: Pre-owned condo 139 · Land & building 15 · Land 9

DistrictPeriodTypePriceAreaBuiltPer m²
HonjoQ2 2026Pre-owned condo (contract) ¥56.0M60 m²1997¥933K/m²
HonjoQ2 2026Pre-owned condo (contract) ¥38.0M50 m²1980¥760K/m²
HonjoQ2 2026Pre-owned condo (contract) ¥71.0M60 m²1997¥1.18M/m²
HonjoQ2 2026Pre-owned condo (contract) ¥20.0M25 m²2006¥800K/m²
HonjoQ2 2026Pre-owned condo ¥35.0M30 m²2009¥1.17M/m²
HonjoQ2 2026Pre-owned condo ¥25.0M25 m²2005¥1.00M/m²
HonjoQ2 2026Pre-owned condo ¥36.0M25 m²2019¥1.44M/m²
HonjoQ2 2026Pre-owned condo ¥25.0M20 m²2007¥1.25M/m²
HonjoQ2 2026Land ¥220.0M150 m²—¥1.50M/m²
HonjoQ2 2026Land ¥96.0M70 m²—¥1.40M/m²
HonjoQ1 2026Pre-owned condo (contract) ¥72.0M65 m²1997¥1.11M/m²
HonjoQ1 2026Land & building (contract) ¥30.0M90 m²1966—
HonjoQ1 2026Pre-owned condo (contract) ¥50.0M50 m²1984¥1.00M/m²
HonjoQ1 2026Pre-owned condo (contract) ¥25.0M35 m²1983¥714K/m²
HonjoQ1 2026Pre-owned condo (contract) ¥11.0M20 m²1991¥550K/m²
HonjoQ1 2026Pre-owned condo (contract) ¥23.0M25 m²2007¥920K/m²
HonjoQ1 2026Pre-owned condo ¥31.0M30 m²2005¥1.03M/m²
HonjoQ1 2026Pre-owned condo ¥54.0M55 m²1997¥982K/m²
HonjoQ1 2026Pre-owned condo ¥11.0M15 m²1991¥733K/m²
HonjoQ1 2026Pre-owned condo ¥31.0M25 m²2018¥1.24M/m²

Nearby neighborhoods

FAQ

What is the average land price in Honjo, Sumida Ward?

The average price of residential land in Honjo, Sumida Ward is ¥697,000 per m² (about ¥2,304,132 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Honjo, Sumida Ward going up?

Land prices in Honjo, Sumida Ward have risen by +13.5% on average over the past year. Over five years the change is +41.7%.

How much do pre-owned condos cost in Honjo, Sumida Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,125,000 per m², with a median price of ¥36.0 million (81 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Honjo, Sumida Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,248,221 per m² in 10 years (range ¥1,023,541–¥1,472,901). 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.