Shitaya, Taito Ward: property prices and land values

下谷(台東区)

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
¥1.66M/m²
≈ $978/sq ft · 2 sites
1-year change
+17.9%
Residential — · commercial +17.9%
5 years / 10 years
+64.7% / +117.5%
Same sites, chained
Pre-owned condos per m²
¥1.02M/m²
70 m² ≈ ¥71.4M · 78 sales
Pre-owned houses (median)
¥320.0M
≈ $2.03M · 3 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

¥500K/m²¥1.00M/m²¥1.50M/m²20062009201220152018202120242026
Commercial
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
—¥1.75M/m²¥1.97M/m²¥2.21M/m²¥2.96M/m²

Forecasts are projections, not guarantees. 10-year range: ¥2.43M/m²–¥3.50M/m²

Shitaya, Taito Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftShitaya, Taito Ward is1 year5 yearsCondos per m²Index
Shitaya, Taito Ward —— +17.9%+64.7% ¥1.02M/m²—
Taito Ward ¥1.20M/m²$711/sq ft +18.5%+60.5% ¥1.15M/m²99
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 台東区下谷一丁目131番1外
Prefectural Survey 2026
Commercial¥2.03M/m²$1,199/sq ft +19.4%中高層の事務所、マンションが建ち並ぶ商業地域
東京都 台東区下谷三丁目4番3外
Prefectural Survey 2026
Commercial¥1.28M/m²$756/sq ft +16.4%中高層事務所、マンション等が混在する商業地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 84 sales

Condos per m² (median)
¥1.02M/m²
Condo price (median)
¥46.5M
Land & building (median)
¥320.0M
Land per m² (median)
¥1.30M/m²

Sales in the loaded period: Pre-owned condo 127 · Land & building 6 · Land 6

DistrictPeriodTypePriceAreaBuiltPer m²
ShitayaQ2 2026Pre-owned condo (contract) ¥37.0M45 m²1985¥822K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥87.0M55 m²2010¥1.58M/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥36.0M40 m²1986¥900K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥73.0M65 m²2013¥1.12M/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥8.6M20 m²1970¥430K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥23.0M30 m²2012¥767K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥17.0M40 m²1970¥425K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥50.0M45 m²2020¥1.11M/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥96.0M70 m²2004¥1.37M/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥83.0M135 m²1980¥615K/m²
ShitayaQ2 2026Pre-owned condo (contract) ¥95.0M65 m²2004¥1.46M/m²
ShitayaQ2 2026Pre-owned condo ¥32.0M20 m²2015¥1.60M/m²
ShitayaQ2 2026Pre-owned condo ¥17.0M20 m²1990¥850K/m²
ShitayaQ2 2026Pre-owned condo ¥25.0M25 m²1983¥1.00M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥63.0M55 m²2008¥1.15M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥46.0M45 m²2003¥1.02M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥46.0M45 m²1980¥1.02M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥100.0M75 m²2005¥1.33M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥74.0M55 m²2010¥1.35M/m²
ShitayaQ1 2026Pre-owned condo (contract) ¥37.0M45 m²1983¥822K/m²

Nearby neighborhoods

FAQ

Are land prices in Shitaya, Taito Ward going up?

Land prices in Shitaya, Taito Ward have risen by +17.9% on average over the past year. Over five years the change is +64.7%.

How much do pre-owned condos cost in Shitaya, Taito Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,020,202 per m², with a median price of ¥46.5 million (78 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Shitaya, Taito Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥2,963,853 per m² in 10 years (range ¥2,430,359–¥3,497,347). 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.