Land prices / Tokyo / Meguro City

2023–2025 published land transactions

Midorigaoka land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Midorigaoka, Meguro City. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2023–2025)
JPY 1,179,750 / m²JPY 1,179.75K / m²
Median sample 12Five-year sample 19
Estimated price for 100 m²
JPY 117.98M
Simple estimate using the displayed median
Estimated land + building budget
JPY 157.24M
100 m² building using the 2025 benchmark

Midorigaoka location

Midorigaoka location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Price distribution (2023–2025)

Middle 50% price range
JPY 1,020,938 / m² – JPY 1,391,500 / m²JPY 1,020.938K / m² – JPY 1,391.5K / m²
Average transaction price
JPY 1,123,536 / m²JPY 1,123.536K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 58.99MJPY 51.05M JPY 69.58M
100.0 m²30.3 tsuboJPY 117.98MJPY 102.09M JPY 139.15M
150.0 m²45.4 tsuboJPY 176.96MJPY 153.14M JPY 208.73M
200.0 m²60.5 tsuboJPY 235.95MJPY 204.19M JPY 278.3M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
2122232425
Year20212022202320242025
Public transactions3
Indicative
4
Indicative
5
Indicative
6
Indicative
1
Indicative
Official observations11111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-0195.0 m²JPY 120MJPY 1,240,250 / m²JPY 1,240.25K / m²7.4 mResidential use
2024-07185.0 m²JPY 230MJPY 1,240,250 / m²JPY 1,240.25K / m²11.1 m
2024-0755.0 m²JPY 95MJPY 1,694,000 / m²JPY 1,694K / m²4.8 mResidential use
2024-01170.0 m²JPY 230MJPY 1,361,250 / m²JPY 1,361.25K / m²12 mResidential use
2024-0170.0 m²JPY 120MJPY 1,663,750 / m²JPY 1,663.75K / m²6.9 mResidential use
2024-0185.0 m²JPY 85MJPY 998,250 / m²JPY 998.25K / m²7.6 mResidential use
2024-01250.0 m²JPY 58MJPY 232,925 / m²JPY 232.925K / m²22.6 m
2023-10210.0 m²JPY 310MJPY 1,482,250 / m²JPY 1,482.25K / m²13.7 mResidential use
2023-1035.0 m²JPY 39MJPY 1,089,000 / m²JPY 1,089K / m²5.1 mResidential use
2023-1045.0 m²JPY 14MJPY 332,750 / m²JPY 332.75K / m²Not disclosedResidential use
2023-07170.0 m²JPY 180MJPY 1,028,500 / m²JPY 1,028.5K / m²13 mResidential use
2023-07145.0 m²JPY 160MJPY 1,119,250 / m²JPY 1,119.25K / m²11 mResidential use

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Midorigaoka land-price summary

The median published transaction price in Midorigaoka for 2023–2025 is JPY 1,179,750 / m²JPY 1,179.75K / m². A 100 m² plot would therefore be about JPY 117.98M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗