Property prices in Meguro
Median sale prices in Meguro, Tokyo from real transactions (2023Q2–2026Q1) — homes, apartments, and land, plus the current for-sale market.
- Median home price
- ¥130M
- Home ¥/m²
- ¥1.1M/m²
- 3-year change
- +18.3%
- For sale now
- 1,965
By home price per m², Meguro ranks #5 of 56 municipalities in Tokyo and #5 of 1684 nationwide.
Prices by property type
| Type | Median sold price | ¥/m² (25–75% range) | 3y change | Median asking price | For sale |
|---|---|---|---|---|---|
| Homes | ¥130M | ¥1.1M/m²¥825K–¥1.3M | +18.3% | ¥167M | 344 |
| Apartments | ¥55.0M | ¥1.3M/m²¥1.0M–¥1.6M | +14.1% | ¥94.4M | 1,256 |
| Land | ¥130M | ¥1.2M/m²¥1.0M–¥1.5M | +22.4% | ¥195M | 365 |
Only segments with at least 5 transactions are shown. Apartment ¥/m² is a sold figure from the transaction records; there is no asking ¥/m² for apartments, because listings carry no unit area.
Official land prices in Tokyo: the 2026 prefectural land price survey
- Residential land
- +5.8%
- prior year +5.6%
- Commercial land
- +11.4%
- prior year +11.2%
Year-on-year change at the 1 July 2026 valuation
The prefecture-wide rates from the 2026 prefectural land price survey, published by Japan's Ministry of Land, Infrastructure, Transport and Tourism on 2026-09-15. Official land prices are appraised values per square metre set by each prefectural governor as of 1 July, which is a different measure from the prices Meguro properties actually sold for in the table above. The survey covers 21,466 points nationwide.
These rates are for Tokyo as a whole. For what individual properties sold for city by city, see the table above.
Source: Ministry of Land, Infrastructure, Transport and Tourism, Summary of the 2026 Prefectural Land Price Survey (PDF)
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How much does a house cost in Meguro?
The median sold price for a house (land + building) in Meguro is ¥130M (¥1.1M/m²), based on real transactions from 2023Q2–2026Q1.
How much does land cost in Meguro?
The median price of residential land in Meguro is ¥1.2M/m², with a median lot price of ¥130M (2023Q2–2026Q1).
Are property prices in Meguro rising?
Home prices per m² in Meguro have changed +18.3% compared with the previous three-year period.
Nearby municipalities
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About this data
Source: MLIT (Japan's Ministry of Land, Infrastructure, Transport and Tourism) real estate transaction records, 2023Q2–2026Q1. Only segments with at least 5 transactions are shown. For-sale figures come from active listings tracked and deduplicated by Japan Property Research.