Land price growth in Tokyo's 23 wards

Tokyo's 23 special wards ranked by the average year-on-year change of survey sites.

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

RankAreaTokyo 23 wards: growthAvg. residential5 yearsIndex
1Taito Ward
Tokyo
+18.5% ¥1.20M/m² +60.5% 99
2Bunkyo Ward
Tokyo
+15.7% ¥1.44M/m² +52.5% 99
3Minato Ward
Tokyo
+14.6% ¥3.03M/m² +44.7% 99
4Toshima Ward
Tokyo
+13.9% ¥935K/m² +48.3% 99
5Sumida Ward
Tokyo
+13.9% ¥621K/m² +45.5% 98
6Arakawa Ward
Tokyo
+13.9% ¥745K/m² +47.4% 98
7Shinagawa Ward
Tokyo
+13.8% ¥1.24M/m² +46.5% 99
8Meguro Ward
Tokyo
+13.5% ¥1.37M/m² +46.1% 98
9Koto Ward
Tokyo
+13.2% ¥694K/m² +43.7% 99
10Shinjuku Ward
Tokyo
+13.2% ¥1.13M/m² +45.9% 99
11Kita Ward
Tokyo
+13.0% ¥736K/m² +45.4% 98
12Chuo Ward
Tokyo
+13.0% ¥1.91M/m² +42.0% 99
13Nakano Ward
Tokyo
+12.7% ¥785K/m² +46.5% 98
14Shibuya Ward
Tokyo
+12.3% ¥1.84M/m² +44.4% 99
15Chiyoda Ward
Tokyo
+12.2% ¥3.88M/m² +42.3% 97
16Suginami Ward
Tokyo
+10.8% ¥726K/m² +39.3% 98
17Itabashi Ward
Tokyo
+9.9% ¥560K/m² +33.1% 97
18Ota Ward
Tokyo
+8.5% ¥635K/m² +31.1% 97
19Katsushika Ward
Tokyo
+7.2% ¥387K/m² +25.9% 95
20Setagaya Ward
Tokyo
+7.2% ¥777K/m² +24.6% 97
21Nerima Ward
Tokyo
+6.6% ¥476K/m² +23.1% 95
22Adachi Ward
Tokyo
+6.6% ¥413K/m² +26.2% 95
23Edogawa Ward
Tokyo
+6.4% ¥439K/m² +24.6% 95

23 areas · calculated Nov 2, 2026. Wards of designated cities are counted separately; areas with few survey sites are excluded.

Based on Japan's official land price surveys and MLIT transaction data, aggregated by Fudosan Zukan. Forecasts and the index are Fudosan Zukan indicators. Prices in Japanese yen.