Tokyo real estate prices
In Tokyo, pre-owned houses sold for a median ¥54.0M ($345,000) in Jan 2025 – Jun 2026, and 70 m² condos for ¥76.0M ($486,000). 91 houses (1%) sold for ¥5 million ($32,000) or less.
Median sold prices (Jan 2025 – Jun 2026)
| Type | Median | Sales |
|---|---|---|
| House (land + building) 100 m² land · 95 m² floor · 1 yrs | ¥54.0M $345,000 | 7,705 |
| Condo, 70 m² ¥1,086k/m² · $645/sq ft | ¥76.0M $486,000 | 21,528 |
| Residential land | ¥490k/m² $291/sq ft | 4,661 |
Prices by town
| Town | House | Condo 70 m² | Sold ≤ ¥5M |
|---|---|---|---|
| Ota Ward | ¥70.0M | ¥72.8M | 2 |
| Nerima Ward | ¥67.0M | ¥64.6M | 1 |
| Koto Ward | ¥59.0M | ¥82.0M | 1 |
| Setagaya Ward | ¥95.0M | ¥80.6M | 0 |
| Itabashi Ward | ¥59.0M | ¥64.4M | 5 |
| Adachi Ward | ¥47.0M | ¥46.0M | 3 |
| Shinjuku Ward | ¥92.0M | ¥98.0M | 0 |
| Suginami Ward | ¥90.0M | ¥75.3M | 0 |
| Shinagawa Ward | ¥97.5M | ¥98.0M | 1 |
| Hachioji City | ¥32.0M | ¥27.0M | 17 |
| Sumida Ward | ¥62.0M | ¥80.2M | 0 |
| Minato Ward | ¥210M | ¥140M | 0 |
| Chuo Ward | — | ¥118M | 0 |
| Katsushika Ward | ¥48.0M | ¥50.0M | 1 |
| Edogawa Ward | ¥56.0M | ¥49.0M | 2 |
| Nakano Ward | ¥75.0M | ¥80.5M | 0 |
| Kita Ward | ¥60.0M | ¥73.5M | 3 |
| Taito Ward | ¥88.0M | ¥85.7M | 0 |
| Toshima Ward | ¥86.5M | ¥87.5M | 0 |
| Bunkyo Ward | ¥130M | ¥94.5M | 0 |
| Shibuya Ward | ¥150M | ¥113M | 0 |
| Machida City | ¥42.0M | ¥33.8M | 3 |
| Meguro Ward | ¥130M | ¥102M | 0 |
| Fuchu City | ¥50.0M | ¥47.9M | 0 |
| Arakawa Ward | ¥54.0M | ¥67.2M | 0 |
| Chofu City | ¥55.0M | ¥53.8M | 3 |
| Tachikawa City | ¥42.0M | ¥42.0M | 1 |
| Nishitokyo City | ¥55.0M | ¥43.2M | 0 |
| Chiyoda Ward | — | ¥119M | 0 |
| Hino City | ¥44.5M | ¥26.9M | 1 |
| Higashimurayama City | ¥40.0M | ¥30.8M | 1 |
| Kodaira City | ¥48.0M | ¥35.8M | 1 |
| Oume City | ¥20.0M | ¥14.2M | 19 |
| Higashikurume City | ¥45.0M | ¥21.8M | 0 |
| Mitaka City | ¥65.0M | ¥65.3M | 0 |
| Kokubunji City | ¥57.0M | ¥59.0M | 0 |
| Tama City | ¥42.5M | ¥26.0M | 0 |
| Akishima City | ¥40.0M | ¥28.0M | 1 |
| Musashino City | ¥84.5M | ¥77.0M | 0 |
| Koganei City | ¥69.5M | ¥62.8M | 0 |
| Inagi City | ¥52.0M | ¥28.0M | 0 |
| Higashiyamato City | ¥36.0M | ¥26.8M | 1 |
| Komae City | ¥64.0M | ¥54.8M | 0 |
| Kunitachi City | ¥57.0M | ¥47.4M | 1 |
| Kiyose City | ¥47.0M | ¥28.0M | 0 |
| Musashimurayama City | ¥29.0M | ¥16.0M | 0 |
| Akiruno City | ¥24.5M | — | 5 |
| Fussa City | ¥34.0M | ¥20.5M | 2 |
| Hamura City | ¥29.5M | ¥18.0M | 0 |
| Mizuho Town, Nishitama County | ¥25.0M | — | 2 |
| Hinode Town, Nishitama County | ¥16.0M | — | 3 |
| Hachijo Town | — | — | 3 |
| Okutama Town, Nishitama County | — | — | 1 |
Towns with at least 10 sales; a price is shown when that type had at least 10 sales.
By year
| Year | House | Condo 70 m² | Land |
|---|---|---|---|
| 2026* | ¥56.0M | ¥80.2M | ¥520k/m² |
| 2025 | ¥54.0M | ¥75.6M | ¥490k/m² |
| 2024 | ¥52.0M | ¥70.0M | ¥430k/m² |
| 2023 | ¥51.0M | ¥67.2M | ¥420k/m² |
| 2022 | ¥50.0M | ¥64.8M | ¥390k/m² |
| 2021 | ¥47.0M | ¥63.0M | ¥380k/m² |
| 2020 | ¥45.0M | ¥59.5M | ¥370k/m² |
* through Q2 2026.
Compare with your budget · Cheap houses across Japan
Source: Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Real Estate Information Library (https://www.reinfolib.mlit.go.jp/) — real estate transaction price information, aggregated and processed by Japan Home Prices. Not created by the Government of Japan. US dollar figures use the Sep 2026 average of European Central Bank (ECB) euro reference rates, cross-calculated to USD/JPY by Japan Home Prices (1 USD = ¥156.39). Excludes sales with special circumstances (auctions, related parties, private roads, etc.). Medians, not averages.
Prices are past transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its survey, processed so that individual properties cannot be identified. They are not listings or appraisals, and a single property can differ a lot because of land shape, road access, building age and condition. US dollar figures use a monthly average exchange rate and are approximate. This site does not give investment, legal or tax advice.