Narihira, Sumida Ward: property prices and land values

業平(墨田区)

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
¥1.27M/m²
≈ $750/sq ft · 2 sites
1-year change
+13.2%
Residential — · commercial +13.2%
5 years / 10 years
+48.0% / +80.5%
Same sites, chained
Pre-owned condos per m²
¥1.02M/m²
70 m² ≈ ¥71.4M · 70 sales
Pre-owned houses (median)
¥98.0M
≈ $623K · 5 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

¥400K/m²¥600K/m²¥800K/m²¥1.00M/m²¥1.20M/m²¥1.40M/m²20132015201720192021202320252026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
—¥1.35M/m²¥1.51M/m²¥1.70M/m²¥2.27M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.86M/m²–¥2.68M/m²

Narihira, Sumida Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNarihira, Sumida Ward is1 year5 yearsCondos per m²Index
Narihira, Sumida Ward —— +13.2%+48.0% ¥1.02M/m²—
Sumida Ward ¥621K/m²$367/sq ft +13.9%+45.5% ¥1.04M/m²98
Tokyo ¥547K/m²$323/sq ft +8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$71/sq ft +2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 墨田区業平一丁目5番2外
Prefectural Survey 2026
Commercial¥1.58M/m²$933/sq ft +12.9%都道沿いに店舗兼共同住宅等が建ち並ぶ商業地域
東京都 墨田区業平2丁目7番8
Land Price Publication 2026
Commercial¥960K/m²$567/sq ft +13.6%押上
160 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 77 sales

Condos per m² (median)
¥1.02M/m²
Condo price (median)
¥40.0M
Land & building (median)
¥98.0M
Land per m² (median)
—

Sales in the loaded period: Pre-owned condo 121 · Land & building 11 · Land 6

DistrictPeriodTypePriceAreaBuiltPer m²
NarihiraQ2 2026Pre-owned condo (contract) ¥120.0M70 m²2009¥1.71M/m²
NarihiraQ2 2026Pre-owned condo (contract) ¥13.0M20 m²1988¥650K/m²
NarihiraQ2 2026Pre-owned condo (contract) ¥32.0M40 m²1978¥800K/m²
NarihiraQ2 2026Pre-owned condo (contract) ¥110.0M70 m²2004¥1.57M/m²
NarihiraQ2 2026Pre-owned condo ¥34.0M60 m²1976¥567K/m²
NarihiraQ2 2026Pre-owned condo ¥22.0M20 m²2008¥1.10M/m²
NarihiraQ2 2026Pre-owned condo ¥75.0M50 m²2005¥1.50M/m²
NarihiraQ2 2026Land & building ¥45.0M35 m²1963—
NarihiraQ1 2026Pre-owned condo (contract) ¥140.0M75 m²2009¥1.87M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥30.0M55 m²1972¥545K/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥80.0M70 m²2000¥1.14M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥35.0M40 m²1979¥875K/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥64.0M60 m²1994¥1.07M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥100.0M70 m²2000¥1.43M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥85.0M70 m²2000¥1.21M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥32.0M40 m²1979¥800K/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥41.0M30 m²2019¥1.37M/m²
NarihiraQ1 2026Pre-owned condo (contract) ¥30.0M30 m²2018¥1.00M/m²
NarihiraQ1 2026Pre-owned condo ¥30.0M50 m²1972¥600K/m²
NarihiraQ1 2026Pre-owned condo ¥80.0M65 m²2000¥1.23M/m²

Nearby neighborhoods

FAQ

Are land prices in Narihira, Sumida Ward going up?

Land prices in Narihira, Sumida Ward have risen by +13.2% on average over the past year. Over five years the change is +48.0%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,020,000 per m², with a median price of ¥40.0 million (70 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,274,377 per m² in 10 years (range ¥1,864,989–¥2,683,765). 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.