MLIT PUBLIC TRANSACTION DATA

Shibuya City land prices and five-year trend

Start with the city-wide transaction market, then compare named neighborhoods and 1.5 km station areas.

Shibuya City land prices (2025)

Median transaction price / tsubo
¥6.4M / tsubo
61 published samples
Five-year median (2021–2025)¥5.1M / tsubo
Year-on-year+3.2%2024 ¥6.2M / tsuboFive-year change+56.1%2021 ¥4.1M / tsubo
Estimated 30-tsubo plot
¥192M

The median and 30-tsubo estimate use all 61 published 2025 transactions in the city. YoY and five-year change compare each year's median price per tsubo; they are not appreciation rates for the same property.

Shibuya City and nearby city land prices

Land-price comparison with covered nearby cities

2025 median transaction price per tsubo. Select a marker to open that city.

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Only the 57 currently covered cities are shown. Markers use the average of covered neighborhood representative points, not administrative office locations.

Shibuya City land-price trend (2021–2025)

YearMedian transaction price / tsuboPublished transactions
2025¥6.4M / tsubo61 published transactions61
2024¥6.2M / tsubo71 published transactions71
2023¥5.2M / tsubo68 published transactions68
2022¥4.6M / tsubo62 published transactions62
2021¥4.1M / tsubo69 published transactions69

Annual medians can change with the mix of location, lot size and zoning in each year.

Official land-price reference

2025 transaction median¥6.4M / tsubo
2025 official median¥5.3M / tsubo
Numerical difference+¥1.1M / tsubo(+21.4%)

The official median uses 26 observation points. This is a numerical difference, not a discount or premium judgment, because official and transaction prices differ in timing, site selection and valuation method.

Browse by station area

2025 published transactions · 1.5 km station areas

Initially ranked by median transaction price per tsubo.

4 of 42 stations

Shinanomachi Station

Compare 22 neighborhoods →
Median price / tsubo
¥13.5M / tsubo

2 published transactions

Shinjuku-Gyoemmae Station

Compare 25 neighborhoods →
Median price / tsubo
¥13.5M / tsubo

2 published transactions

Yotsuya-Sanchome Station

Compare 35 neighborhoods →
Median price / tsubo
¥13.5M / tsubo

2 published transactions

Meiji-Jingumae Station

Compare 12 neighborhoods →
Median price / tsubo
¥13M / tsubo

11 published transactions

Neighborhood representative points are within 1.5 km straight-line distance; figures aggregate the full named neighborhoods.

Browse by neighborhood

The first 100 neighborhoods are shown initially. Search covers every published neighborhood.

27 of 27 neighborhoods shown

NeighborhoodMedian / tsuboChange in available period30-tsubo estimateLatest year and samples
1 Jinnan渋谷区¥29M / tsubo2021–2023 · 1 samples+0.0%2021→2025¥870M1 samples20232y old
2 Shibuya渋谷区¥16M / tsubo2023–2025 · 3 samples+0.0%Indicative2025 1 samples → 2025 1 samples¥480M1 samples2025Latest
3 Sakuragaokacho渋谷区¥14M / tsubo2021–2022 · 1 samples+0.0%2021→2025¥420M1 samples20223y old
4 Jingumae渋谷区¥13M / tsubo2025 · 7 samples+0.0%2025 7 samples → 2025 7 samples¥390M7 samples2025Latest
5 Ebisunishi渋谷区¥12M / tsubo2021–2022 · 1 samples+0.0%2021→2025¥360M1 samples20223y old
6 Udagawacho渋谷区¥12M / tsubo2021–2024 · 1 samples+0.0%2021→2025¥360M1 samples20241y old
7 Shoto渋谷区¥11.4M / tsubo2023–2025 · 6 samples+0.0%Indicative2025 2 samples → 2025 2 samples¥342M2 samples2025Latest
8 Nampeidaicho渋谷区¥9.2M / tsubo2021–2024 · 1 samples+0.0%2021→2025¥276M1 samples20241y old
9 Maruyamacho渋谷区¥9.1M / tsubo2021–2024 · 1 samples+0.0%2021→2025¥273M1 samples20241y old
10 Hiro渋谷区¥7.8M / tsubo2023–2025 · 8 samples+0.0%Indicative2025 2 samples → 2025 2 samples¥234M2 samples2025Latest
11 Kamiyamacho渋谷区¥7.7M / tsubo2023–2025 · 3 samples+0.0%Indicative2025 1 samples → 2025 1 samples¥231M1 samples2025Latest
12 Nishihara渋谷区¥7.7M / tsubo2025 · 4 samples+0.0%2025 4 samples → 2025 4 samples¥231M4 samples2025Latest
13 Higashi渋谷区¥7.6M / tsubo2025 · 3 samples+0.0%2025 3 samples → 2025 3 samples¥228M3 samples2025Latest
14 Uguisudanicho渋谷区¥7.2M / tsubo2021–2024 · 6 samples+0.0%2021→2025¥214.5M2 samples20241y old
15 Sendagaya渋谷区¥7M / tsubo2023–2025 · 8 samples+0.0%Indicative2025 2 samples → 2025 2 samples¥210M2 samples2025Latest
16 Uehara渋谷区¥7M / tsubo2025 · 8 samples+0.0%2025 8 samples → 2025 8 samples¥210M8 samples2025Latest
17 Hachiyamacho渋谷区¥6.6M / tsubo2020–2022 · 4 samples+0.0%2021→2025¥198M1 samples20223y old
18 Yoyogi渋谷区¥6.6M / tsubo2025 · 8 samples+0.0%2025 8 samples → 2025 8 samples¥196.5M8 samples2025Latest
19 Ebisu渋谷区¥6.2M / tsubo2023–2025 · 11 samples+0.0%Indicative2025 1 samples → 2025 1 samples¥186M1 samples2025Latest
20 Shinsencho渋谷区¥5.7M / tsubo2020–2022 · 3 samples+0.0%2021→2025¥171M2 samples20223y old
21 Tomigaya渋谷区¥5.5M / tsubo2022–2024 · 8 samples+0.0%2021→2025¥163.5M2 samples20241y old
22 Hatsudai渋谷区¥5.3M / tsubo2025 · 4 samples+0.0%2025 4 samples → 2025 4 samples¥159M4 samples2025Latest
23 Ebisuminami渋谷区¥5.1M / tsubo2022 · 3 samples+0.0%2021→2025¥153M3 samples20223y old
24 Oyamacho渋谷区¥4.6M / tsubo2021–2025 · 3 samples+0.0%Indicative2025 1 samples → 2025 1 samples¥138M1 samples2025Latest
25 Sasazuka渋谷区¥4.1M / tsubo2025 · 5 samples+0.0%2025 5 samples → 2025 5 samples¥123M5 samples2025Latest
26 Honcho渋谷区¥3.6M / tsubo2025 · 12 samples+0.0%2025 12 samples → 2025 12 samples¥108M12 samples2025Latest
27 Hatagaya渋谷区¥2.9M / tsubo2024 · 3 samples+0.0%2021→2025¥87M3 samples20241y old
1Jinnan渋谷区 · 2023¥29M / tsubo1 published transactions2Shibuya渋谷区 · 2025¥16M / tsubo1 published transactions3Sakuragaokacho渋谷区 · 2022¥14M / tsubo1 published transactions4Jingumae渋谷区 · 2025¥13M / tsubo7 published transactions5Ebisunishi渋谷区 · 2022¥12M / tsubo1 published transactions6Udagawacho渋谷区 · 2024¥12M / tsubo1 published transactions7Shoto渋谷区 · 2025¥11.4M / tsubo2 published transactions8Nampeidaicho渋谷区 · 2024¥9.2M / tsubo1 published transactions9Maruyamacho渋谷区 · 2024¥9.1M / tsubo1 published transactions10Hiro渋谷区 · 2025¥7.8M / tsubo2 published transactions11Kamiyamacho渋谷区 · 2025¥7.7M / tsubo1 published transactions12Nishihara渋谷区 · 2025¥7.7M / tsubo4 published transactions13Higashi渋谷区 · 2025¥7.6M / tsubo3 published transactions14Uguisudanicho渋谷区 · 2024¥7.2M / tsubo2 published transactions15Sendagaya渋谷区 · 2025¥7M / tsubo2 published transactions16Uehara渋谷区 · 2025¥7M / tsubo8 published transactions17Hachiyamacho渋谷区 · 2022¥6.6M / tsubo1 published transactions18Yoyogi渋谷区 · 2025¥6.6M / tsubo8 published transactions19Ebisu渋谷区 · 2025¥6.2M / tsubo1 published transactions20Shinsencho渋谷区 · 2022¥5.7M / tsubo2 published transactions21Tomigaya渋谷区 · 2024¥5.5M / tsubo2 published transactions22Hatsudai渋谷区 · 2025¥5.3M / tsubo4 published transactions23Ebisuminami渋谷区 · 2022¥5.1M / tsubo3 published transactions24Oyamacho渋谷区 · 2025¥4.6M / tsubo1 published transactions25Sasazuka渋谷区 · 2025¥4.1M / tsubo5 published transactions26Honcho渋谷区 · 2025¥3.6M / tsubo12 published transactions27Hatagaya渋谷区 · 2024¥2.9M / tsubo3 published transactions

Each row shows the actual aggregation period and the sample counts at both ends of the change comparison. A change is marked indicative when either endpoint has fewer than three transactions.

Land prices by lot size and zoning (2021–2025)

By lot size

CategorySamples (5 years)Median / tsubo
Under 50 m²21¥4M / tsubo
50–100 m²122¥5.1M / tsubo
100–165 m²85¥5.1M / tsubo
165–300 m²69¥5.7M / tsubo
300 m² or more34¥7.2M / tsubo

By zoning

CategorySamples (5 years)Median / tsubo
Residential use228¥4.9M / tsubo
Other50¥4.6M / tsubo
22¥4.6M / tsubo
Retail use21¥12M / tsubo
Office use10¥7.6M / tsubo

Breakdowns use all 331 transactions published over five years. Zoning is the value recorded for each transaction.

Published land transaction examples (2025)

DateNeighborhoodAreaPricePrice / tsuboZoning
2025-10松濤640.0 m²¥1,700M¥8.8M / tsuboResidential use
2025-10松濤300.0 m²¥700M¥7.7M / tsuboOther
2025-10上原200.0 m²¥640M¥11M / tsubo
2025-10上原250.0 m²¥440M¥5.8M / tsuboResidential use
2025-10上原125.0 m²¥280M¥7.3M / tsuboResidential use
2025-10代々木105.0 m²¥250M¥7.9M / tsuboResidential use
2025-10125.0 m²¥230M¥6M / tsuboResidential use
2025-10上原110.0 m²¥210M¥6.4M / tsuboResidential use
2025-10初台165.0 m²¥210M¥4.1M / tsuboResidential use
2025-10千駄ケ谷45.0 m²¥170M¥13M / tsuboResidential use
2025-10初台100.0 m²¥160M¥5.2M / tsuboResidential use
2025-10西原60.0 m²¥130M¥7.4M / tsuboResidential use
2025-10広尾45.0 m²¥120M¥8.7M / tsuboResidential use
2025-10笹塚80.0 m²¥110M¥4.7M / tsuboResidential use
2025-10本町125.0 m²¥96M¥2.6M / tsuboOther
2025-10笹塚55.0 m²¥90M¥5.2M / tsuboResidential use
2025-10西原55.0 m²¥87M¥5M / tsuboResidential use
2025-10本町65.0 m²¥66M¥3.3M / tsuboResidential use
2025-07神宮前410.0 m²¥2,900M¥23M / tsuboOffice use
2025-07千駄ケ谷290.0 m²¥1,200M¥14M / tsuboResidential use

Showing up to 20 of 61 records, newest first.