Land prices / Tokyo / Meguro City

2024 published land transactions

Nakane land prices and price trends

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

Median transaction price per m² (2024)
JPY 1,240,250 / m²JPY 1,240.25K / m²
Median sample 3Five-year sample 10
Estimated price for 100 m²
JPY 124.03M
Simple estimate using the displayed median
Estimated land + building budget
JPY 163.29M
100 m² building using the 2025 benchmark

Nakane location

Nakane 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 (2024)

Middle 50% price range
JPY 831,875 / m² – JPY 1,391,500 / m²JPY 831.875K / m² – JPY 1,391.5K / m²
Average transaction price
JPY 1,068,833 / m²JPY 1,068.833K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 62.01MJPY 41.59M JPY 69.58M
100.0 m²30.3 tsuboJPY 124.03MJPY 83.19M JPY 139.15M
150.0 m²45.4 tsuboJPY 186.04MJPY 124.78M JPY 208.73M
200.0 m²60.5 tsuboJPY 248.05MJPY 166.38M 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
21222324
Year2021202220232024
Public transactions2
Indicative
4
Indicative
1
Indicative
3
Indicative
Official observations2222

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-04105.0 m²JPY 130MJPY 1,240,250 / m²JPY 1,240.25K / m²6.8 mResidential use
2024-0475.0 m²JPY 110MJPY 1,542,750 / m²JPY 1,542.75K / m²7.8 mResidential use
2024-01140.0 m²JPY 61MJPY 423,500 / m²JPY 423.5K / 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.

Nakane land-price summary

The median published transaction price in Nakane for 2024 is JPY 1,240,250 / m²JPY 1,240.25K / m². A 100 m² plot would therefore be about JPY 124.03M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗