Land prices / Tokyo / Meguro City

2023–2025 published land transactions

Nakacho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 1,013,375 / m²
Median sample 14Five-year sample 27
Estimated price for 100 m²
JPY 101.34M
Simple estimate using the displayed median
Estimated land + building budget
JPY 140.6M
100 m² building using the 2025 benchmark

Nakacho location

Nakacho 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2023–2025)

Middle 50% price range
JPY 915,063 / m² – JPY 1,210,000 / m²
Average transaction price
JPY 1,123,572 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 50.67MJPY 45.75M JPY 60.5M
100.0 m²30.3 tsuboJPY 101.34MJPY 91.51M JPY 121M
150.0 m²45.4 tsuboJPY 152.01MJPY 137.26M JPY 181.5M
200.0 m²60.5 tsuboJPY 202.68MJPY 183.01M JPY 242M

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 transactions9
Indicative
4
Indicative
4
Indicative
8
Indicative
2
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
2025-10155.0 m²JPY 240MJPY 1,542,750 / m²Not disclosedResidential use
2025-0765.0 m²JPY 120MJPY 1,815,000 / m²5.6 mResidential use
2024-1065.0 m²JPY 90MJPY 1,391,500 / m²6 mResidential use
2024-04105.0 m²JPY 110MJPY 1,089,000 / m²8.2 mResidential use
2024-0445.0 m²JPY 45MJPY 937,750 / m²9.3 mResidential use
2024-01330.0 m²JPY 300MJPY 907,500 / m²22 m
2024-01160.0 m²JPY 150MJPY 937,750 / m²8.5 mResidential use
2024-01135.0 m²JPY 150MJPY 1,089,000 / m²7.5 mResidential use
2024-01110.0 m²JPY 130MJPY 1,210,000 / m²8.5 mResidential use
2024-0175.0 m²JPY 91MJPY 1,210,000 / m²7.2 mResidential use
2023-04140.0 m²JPY 130MJPY 937,750 / m²7 mResidential use
2023-0455.0 m²JPY 50MJPY 907,500 / m²5 mOther
2023-0195.0 m²JPY 80MJPY 847,000 / m²7.5 m
2023-0185.0 m²JPY 77MJPY 907,500 / m²Not disclosedResidential 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.

Nakacho land-price summary

The median published transaction price in Nakacho for 2023–2025 is JPY 1,013,375 / m². A 100 m² plot would therefore be about JPY 101.34M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Nakacho

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗