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Sumida Ward Housing Market 2025: Skytree Views, Good Yields, and Every Site in a Flood Zone

Data updated 2026-11-10 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2

Key figures for 2025

Median used condo price
¥32.0M
¥1.1M/m² · +6.7% vs 2024
Median house price (land + building)
¥95.0M
Residential land per m² (sales)
¥940k/m²
+62.1% over 5 years
Transactions in 2025
950
#13 of 50 areas in Tokyo by price per m²

Growing and affordable

Sumida, home to Ryogoku, Kinshicho and the Tokyo Skytree, grew 4.8% between 2020 and 2025, fourth among the 23 wards, and households grew 8%. More people moved in from the rest of Japan than left. Condos cost about ¥1.1M per m², almost exactly the Tokyo average, and the median condo sold for about ¥32M.

The price rise has slowed

Condo prices per m² rose about 3.8% a year over the past five years, about half the pace of the five years before. Land is still moving fast: benchmark residential land rose 13.2% in the past year, and land sold in transactions rose about 60% in five years.

A studio market with the best yield in the 23 wards

More than half of condo sales are studios and 1K units, and the 25 m² 1K at about ¥25M is the most traded home. A median condo costs about 30 years of median rent, the lowest ratio of any ward, which makes Sumida a favourite with small investors. Station distance barely affects price here.

Cheap in the north, pricier in the south

Ryogoku and Kinshicho in the south are the busiest and priciest areas, at about ¥1.1M per m². Yahiro and Omurai in the north cost about a third less.

Flood risk is everywhere

Every one of Sumida's benchmark sites is inside the worst-case flood zone (as in Arakawa, Adachi and Katsushika), and about one in five is in a zone of 3 m or deeper. The ward lies between the Sumida and Arakawa rivers, below sea level in places. Earthquake probability (about 57% for 6-lower in 30 years) is also above the Tokyo average.

Living in Sumida Ward: people, homes and risks

Population 2025
285,203
+4.8% since 2020
Tokyo: +1.4%
Net moves in 2025
+834
+2.92 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
11.8%
2.2% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥88k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
57.0%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Official land price 2026
¥671k/m²
+13.2% in a year · +39.5% in 5 years
Tokyo: ¥407k/m²
Flood exposure
100.0%
of 24 benchmark sites in a worst-case flood zone (20.8% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 24 benchmark sites in a landslide warning area
Tokyo: 0.8%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT). Earthquake probability is measured at the municipal center.

Example sales in Sumida Ward

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

Condo

Lower-priced2026 Q2

¥25.0M

¥1.3M/m²

  • Honjo
  • Honjo Azumabashi · 10 min walk
  • 1K · 20 m²
  • Built 2007 (19 yrs) · RC
Typical2026 Q2

¥34.0M

¥1.4M/m²

  • Kyojima
  • Keisei Hikifune · 4 min walk
  • 1K · 25 m²
  • Built 2025 (1 yrs) · RC
Higher-priced2026 Q1

¥56.0M

¥1.1M/m²

  • Midori
  • Ryogoku · 9 min walk
  • 1DK · 50 m²
  • Built 2005 (21 yrs) · SRC

House

Lower-priced2026 Q2

¥50.0M

¥1.0M/m²

  • Ishiwara
  • Ryogoku · 8 min walk
  • Land 35 m² · floor 50 m²
  • Built 1960 (66 yrs) · Wood
Typical2026 Q2

¥100M

¥833k/m²

  • Mukojima
  • Hikifune · 7 min walk
  • Land 90 m² · floor 120 m²
  • Built 2016 (10 yrs) · Wood
Higher-priced2025 Q3

¥250M

¥1.1M/m²

  • Midori
  • Ryogoku · 8 min walk
  • Land 105 m² · floor 220 m²
  • Built 1966 (59 yrs) · Steel
Median transaction price by yearA jump driven by what sold — The median house price rose 53% between 2023 and 2025. Per m², prices rose only 17%, so most of the jump comes from larger or higher-end properties changing hands, not from the same homes getting that much more expensive.
¥0¥50.0M¥100M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥20.0M¥43.0M
2006¥21.0M¥44.0M
2007¥23.0M¥45.0M
2008¥24.0M¥43.0M
2009¥22.0M¥40.0M
2010¥23.0M¥44.0M
2011¥23.0M¥43.5M
2012¥24.0M¥43.5M
2013¥25.0M¥43.0M
2014¥24.0M¥42.5M
2015¥26.0M¥40.5M
2016¥27.0M¥48.5M
2017¥27.0M¥50.0M
2018¥27.0M¥65.0M
2019¥26.0M¥60.0M
2020¥27.0M¥47.0M
2021¥29.0M¥54.5M
2022¥28.0M¥61.0M
2023¥28.0M¥62.0M
2024¥31.0M¥66.0M
2025¥32.0M¥95.0M
2026 (partial)¥35.0M¥83.5M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 38% less than a m² of condo, even though the house price includes land. If you need room more than convenience, a house buys considerably more space.
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥433k/m²¥369k/m²¥380k/m²
2006¥543k/m²¥400k/m²¥385k/m²
2007¥720k/m²¥427k/m²¥470k/m²
2008¥680k/m²¥354k/m²¥480k/m²
2009¥650k/m²¥324k/m²¥350k/m²
2010¥600k/m²¥391k/m²¥395k/m²
2011¥564k/m²¥384k/m²¥390k/m²
2012¥540k/m²¥389k/m²¥370k/m²
2013¥580k/m²¥390k/m²¥395k/m²
2014¥600k/m²¥389k/m²¥350k/m²
2015¥667k/m²¥427k/m²¥425k/m²
2016¥714k/m²¥453k/m²¥460k/m²
2017¥760k/m²¥471k/m²¥580k/m²
2018¥829k/m²¥492k/m²¥505k/m²
2019¥920k/m²¥514k/m²¥505k/m²
2020¥880k/m²¥486k/m²¥580k/m²
2021¥950k/m²¥531k/m²¥790k/m²
2022¥980k/m²¥600k/m²¥650k/m²
2023¥1.0M/m²¥600k/m²¥720k/m²
2024¥1.1M/m²¥637k/m²¥870k/m²
2025¥1.1M/m²¥700k/m²¥940k/m²
2026 (partial)¥1.2M/m²¥783k/m²¥800k/m²
Price per m² by building age (2021–2025 sales)How condos age here — In recent sales, condos lose about a quarter of their per-m² value by around 27 years old. Prices keep falling by roughly 2.2% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.3M/m²¥649k/m²
1¥1.2M/m²¥626k/m²
2¥1.2M/m²¥893k/m²
3¥1.1M/m²¥896k/m²
4¥1.1M/m²¥824k/m²
5¥1.1M/m²¥754k/m²
6¥1.1M/m²¥677k/m²
7¥1.1M/m²–
8¥1.0M/m²–
9¥1.0M/m²¥657k/m²
10¥1.0M/m²–
11¥1.0M/m²–
12¥1.0M/m²–
13¥1.0M/m²–
14¥1.1M/m²–
15¥1.1M/m²–
16¥1.1M/m²–
17¥1.1M/m²–
18¥1.0M/m²–
19¥1.1M/m²–
20¥1.0M/m²–
21¥908k/m²–
22¥878k/m²–
23¥939k/m²–
24¥846k/m²–
25¥960k/m²–
26¥883k/m²–
27¥800k/m²–
28¥833k/m²–
29¥800k/m²¥412k/m²
30¥720k/m²¥538k/m²
31¥867k/m²¥563k/m²
32¥750k/m²¥493k/m²
33¥742k/m²¥409k/m²
34¥700k/m²¥600k/m²
35¥663k/m²¥496k/m²
36¥717k/m²¥429k/m²
37¥686k/m²¥489k/m²
38¥625k/m²–
39¥714k/m²–
40¥689k/m²–
41¥615k/m²–
42¥638k/m²–
43¥636k/m²–
44¥663k/m²–
45¥525k/m²¥400k/m²
46–¥416k/m²
47¥580k/m²¥582k/m²
50¥665k/m²¥500k/m²
Condo price per m² by construction periodOlder buildings are keeping up — Older pre-1981 buildings have actually risen faster (5.8% a year) than 2000s buildings (4.6%), usually a sign that land value is driving prices. Pre-1981 buildings, built before the current earthquake standard, trade about 21% below 1980s–90s buildings.
¥0¥500k¥1.0M¥1.5M20052008201120142017202020232026

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2005–¥408k/m²¥940k/m²–
2006¥285k/m²¥400k/m²¥1.0M/m²–
2007–¥460k/m²¥1.0M/m²–
2008–¥463k/m²¥960k/m²–
2009–¥419k/m²¥900k/m²–
2010–¥433k/m²¥750k/m²–
2011–¥433k/m²¥600k/m²¥866k/m²
2012¥280k/m²¥459k/m²¥560k/m²¥800k/m²
2013¥351k/m²¥460k/m²¥613k/m²¥920k/m²
2014¥345k/m²¥467k/m²¥667k/m²¥950k/m²
2015¥400k/m²¥536k/m²¥738k/m²¥925k/m²
2016¥480k/m²¥573k/m²¥753k/m²¥922k/m²
2017¥467k/m²¥594k/m²¥828k/m²¥900k/m²
2018¥475k/m²¥580k/m²¥850k/m²¥1.0M/m²
2019–¥650k/m²¥955k/m²¥1.0M/m²
2020¥583k/m²¥644k/m²¥920k/m²¥1.0M/m²
2021¥658k/m²¥700k/m²¥960k/m²¥1.0M/m²
2022¥563k/m²¥750k/m²¥1.0M/m²¥1.0M/m²
2023¥618k/m²¥767k/m²¥1.0M/m²¥1.0M/m²
2024¥620k/m²¥800k/m²¥1.1M/m²¥1.1M/m²
2025¥695k/m²¥875k/m²¥1.1M/m²¥1.2M/m²
2026 (partial)–¥933k/m²¥1.2M/m²¥1.3M/m²
House price per m² by construction period
¥0¥200k¥400k¥600k¥800k20052007200920112013201520172019202120232025

Each line follows buildings from one construction period over time. 1981 is when Japan's current earthquake-resistance standard (shin-taishin) took effect.

Show data table
Year1971-19801981-20002001-20102011-2020
2005–¥264k/m²¥465k/m²–
2006¥247k/m²¥352k/m²¥451k/m²–
2007–¥373k/m²¥482k/m²–
2008–¥302k/m²¥503k/m²–
2009–¥224k/m²¥444k/m²–
2010¥254k/m²¥302k/m²¥437k/m²–
2011–¥265k/m²–¥459k/m²
2012¥227k/m²¥254k/m²–¥459k/m²
2013–¥273k/m²–¥456k/m²
2014¥239k/m²¥310k/m²–¥440k/m²
2015¥247k/m²¥364k/m²–¥474k/m²
2016¥239k/m²¥341k/m²–¥513k/m²
2017¥333k/m²¥354k/m²–¥511k/m²
2018¥320k/m²¥404k/m²–¥560k/m²
2019¥356k/m²¥433k/m²–¥571k/m²
2020¥356k/m²––¥502k/m²
2021–¥345k/m²–¥596k/m²
2022–¥361k/m²–¥600k/m²
2023¥445k/m²¥469k/m²––
2024–¥492k/m²––
2025¥551k/m²¥606k/m²––

Prices near train stations in Sumida Ward

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Ryogoku (両国)¥29.0M¥1.1M/m²¥215M6471
Kinshicho (錦糸町)¥30.0M¥1.1M/m²¥220M8349
Oshiage (押上)¥29.0M¥1.1M/m²¥150M6240
Higashi Mukojima (東向島)¥32.0M¥990k/m²¥59.0M6223
Hikifune (曳舟)¥30.0M¥1.0M/m²¥63.0M7193
Honjo Azumabashi (本所吾妻橋)¥29.5M¥1.1M/m²¥200M6189
Kikukawa(Tokyo) (菊川(東京))¥30.0M¥1.1M/m²¥160M5176
Keisei Hikifune (京成曳舟)¥35.0M¥988k/m²¥50.0M6149
Yahiro (八広)¥28.5M¥730k/m²¥54.0M7147
Omurai (小村井)¥34.5M¥800k/m²¥59.0M6110
Kanegafuchi (鐘ケ淵)¥32.0M¥1.0M/m²¥46.5M5109
Morishita(Tokyo) (森下(東京))¥35.5M¥1.1M/m²¥245M484
Tokyo Skytree (とうきょうスカイツリー)¥30.0M¥1.0M/m²¥120M665
Higashi Azuma (東あずま)¥33.0M¥785k/m²¥57.0M564
Kuramae (蔵前)¥33.0M¥1.1M/m²–734

Used condo prices by layout in Sumida Ward

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥25.0M25 m²889
2LDK¥49.0M55 m²264
1LDK¥41.0M40 m²253
3LDK¥55.0M65 m²234
1DK¥30.0M25 m²112
2DK¥38.0M40 m²61
1R¥16.5M17.5 m²22
2K¥34.5M30 m²12

How much does an apartment cost in Sumida Ward?

The median used condo (mansion) in Sumida Ward sold for ¥32.0M in 2025, about ¥1.1M/m², based on 678 recorded sales.

How much does a house cost in Sumida Ward?

The median house sale, including the land, was ¥95.0M in 2025 across 199 sales.

Are property prices in Sumida Ward going up?

Over the five years to 2025, condo prices per m² changed +27.3% and residential land prices changed +62.1%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.