CityDataLab's constant-quality Index for Tokyo, which holds the mix of homes fixed, moved +11.8% in the twelve months to January 2026 and +71.2% since 2017. The Average Price Paid moved +7.9% over the same twelve months.
In the three months to January 2026, the median price per square metre of homes sold in Tokyo ranged from ¥184,615 in 青梅市 to ¥1,870,833 in 港区, across 42 wards and cities. The city-wide median was ¥1,000,000 (+5.3% on a year earlier). Over twelve months the strongest was 千代田区 (+25.7%) and the weakest 青梅市 (-23.1%).
| Rank | Ward or city | Median ¥/m² | 12-month change | 5-year change |
|---|---|---|---|---|
| 1 | 港区 | ¥1,870,833 | +4.8% | +43.9% |
| 2 | 千代田区 | ¥1,840,000 | +25.7% | +41.5% |
| 3 | 中央区 | ¥1,833,333 | +12.2% | +63.7% |
| 4 | 渋谷区 | ¥1,581,818 | +3.2% | +29.7% |
| 5 | 目黒区 | ¥1,411,765 | +10.2% | +25.5% |
| 6 | 文京区 | ¥1,400,000 | +20.7% | +28.1% |
| 7 | 新宿区 | ¥1,350,000 | +6.1% | +26.1% |
| 8 | 品川区 | ¥1,308,333 | +4.7% | +27.4% |
| 9 | 豊島区 | ¥1,253,333 | +10.6% | +19.4% |
| 10 | 台東区 | ¥1,225,000 | +10.4% | +29.7% |
| 11 | 江東区 | ¥1,200,000 | +18.0% | +48.8% |
| 12 | 中野区 | ¥1,111,111 | +3.7% | +16.5% |
| 13 | 世田谷区 | ¥1,072,078 | +5.8% | +19.1% |
| 14 | 墨田区 | ¥1,071,429 | +10.5% | +17.2% |
| 15 | 北区 | ¥1,000,000 | +13.6% | +39.4% |
| 16 | 杉並区 | ¥1,000,000 | +6.1% | +11.1% |
| 17 | 大田区 | ¥953,846 | +7.3% | +13.6% |
| 18 | 武蔵野市 | ¥933,333 | +6.1% | +15.8% |
| 19 | 荒川区 | ¥917,143 | +12.5% | +33.8% |
| 20 | 小金井市 | ¥840,000 | +16.2% | n/a |
| 21 | 板橋区 | ¥814,286 | +8.3% | +19.7% |
| 22 | 練馬区 | ¥783,217 | -2.1% | +17.5% |
| 23 | 三鷹市 | ¥750,000 | -11.2% | n/a |
| 24 | 国分寺市 | ¥723,077 | -5.7% | n/a |
| 25 | 江戸川区 | ¥700,000 | +10.0% | +37.9% |
| 26 | 葛飾区 | ¥671,429 | +11.9% | +39.9% |
| 27 | 調布市 | ¥655,000 | -4.0% | +16.2% |
| 28 | 狛江市 | ¥650,000 | n/a | n/a |
| 29 | 西東京市 | ¥641,429 | +12.0% | +42.5% |
| 30 | 府中市 | ¥600,000 | +10.5% | +50.0% |
| 31 | 足立区 | ¥600,000 | +10.3% | +22.7% |
| 32 | 立川市 | ¥574,126 | +10.8% | +29.2% |
| 33 | 小平市 | ¥493,750 | -11.4% | n/a |
| 34 | 日野市 | ¥440,000 | +12.0% | n/a |
| 35 | 昭島市 | ¥416,667 | +19.0% | n/a |
| 36 | 町田市 | ¥405,882 | -18.8% | +9.6% |
| 37 | 東村山市 | ¥387,500 | +0.5% | n/a |
| 38 | 稲城市 | ¥381,985 | -9.8% | n/a |
| 39 | 八王子市 | ¥366,667 | +1.4% | +25.4% |
| 40 | 多摩市 | ¥318,333 | -8.4% | +16.4% |
| 41 | 東久留米市 | ¥278,333 | n/a | n/a |
| 42 | 青梅市 | ¥184,615 | -23.1% | n/a |
Rolling 3-month median price per square metre of homes sold. Source: MLIT Real Estate Library condominium transactions, modelled by CityDataLab. See the price history of each ward or city.