Roppongi, Minato, Tokyo
Photo: Roppongi, Minato, Tokyo · Takashi Miyazaki / Unsplash

Taito Ward Housing Market 2025: The Fastest-Growing Ward, on Low Ground

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

Key figures for 2025

Median used condo price
¥40.0M
¥1.2M/m² · +7.1% vs 2024
Median house price (land + building)
¥180M
Residential land per m² (sales)
¥1.8M/m²
+95.7% over 5 years
Transactions in 2025
754
#10 of 50 areas in Tokyo by price per m²

Population growing fastest in Tokyo

Taito, home to Ueno and Asakusa, grew 8.0% between 2020 and 2025, the most of any of the 23 wards. Households grew 15%, so most newcomers are single people or couples. Net movement from the rest of Japan was about zero, so much of the growth comes from abroad and new condos.

Still cheaper than the core

Condos cost about ¥1.2M per m², only slightly above the Tokyo average and tenth among the wards. The median condo sold for about ¥40M. Prices per m² rose about 5% a year over the past five years, a bit slower than before. Land prices are moving faster: land sold in transactions roughly doubled in five years, and benchmark residential land rose 14.2% in the past year.

Small homes, old houses

Almost half of condo sales are studios and 1K units. Iriya, Minowa and Asakusa (Tsukuba Express) are the busiest stations, and Minami-Senju and Minowa the cheapest. Houses lose value fast: a house is down to land value by about 28 years old, and the land is what people pay for.

Good yields

A median condo costs about 32 years of median rent, one of the best ratios in central Tokyo, which is why investors buy here.

Flood risk is the issue

About 85% of Taito's benchmark sites are inside the worst-case flood zone, and about a third are in zones of 3 m or deeper, mainly in the east near the Sumida river. Check the hazard map before buying in Asakusa or Iriya. The Akihabara–Kanda renewal area reaches into the ward's southwest.

Living in Taito Ward: people, homes and risks

Population 2025
228,390
+8.0% since 2020
Tokyo: +1.4%
Net moves in 2025
-32
-0.14 per 1,000 residents
Tokyo: +4.58
Vacant homes (2023)
10.5%
6.9% empty and not for rent or sale
Tokyo: 10.9%
Median rent (2023)
¥103k
per month, all rented homes
Tokyo: ¥78k
Strong earthquake risk
48.7%
chance of shaking of intensity 6-lower or more within 30 years
Tokyo: 52.8%
Official land price 2026
¥1.1M/m²
+14.2% in a year · +42.5% in 5 years
Tokyo: ¥407k/m²
Flood exposure
84.9%
of 53 benchmark sites in a worst-case flood zone (34.0% 3 m or deeper)
Tokyo: 42.5%
Landslide exposure
0.0%
of 53 benchmark sites in a landslide warning area
Tokyo: 0.8%

Urban renewal zones

Areas designated by the national government for priority redevelopment, with relaxed planning rules and financial support for large projects.

  • Akihabara and Kanda · 157 ha · designated 2002

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 Taito 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

¥28.0M

¥1.4M/m²

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

¥43.0M

¥1.2M/m²

  • Misuji
  • Shin Okachimachi · 6 min walk
  • 1DK · 35 m²
  • Built 2009 (17 yrs) · RC
Higher-priced2025 Q4

¥72.0M

¥1.4M/m²

  • Kitaueno
  • Ueno · 10 min walk
  • 2LDK · 50 m²
  • Built 2000 (25 yrs) · RC

House

Lower-priced2025 Q4

¥75.0M

¥1.3M/m²

  • Ikenohata
  • Nezu · 4 min walk
  • Land 45 m² · floor 60 m²
  • Built 2026 (0 yrs) · Wood
Typical2026 Q2

¥160M

¥970k/m²

  • Kojima
  • Shin Okachimachi · 3 min walk
  • Land 75 m² · floor 165 m²
  • Built 1995 (31 yrs) · RC
Higher-priced2026 Q1

¥400M

¥1.0M/m²

  • Kojima
  • Shin Okachimachi · 4 min walk
  • Land 115 m² · floor 390 m²
  • Built 2024 (2 yrs) · RC
Median transaction price by yearA sharp recent rise — The median house price rose 50% between 2023 and 2025. Prices per m² rose 38% too, so this is a genuine like-for-like increase, not just bigger homes selling. With only 141 house sales in 2025, a handful of expensive deals can move the median a lot.
¥0¥50.0M¥100M¥150M¥200M20052008201120142017202020232026
Show data table
YearCondoHouse
2005¥24.0M¥59.0M
2006¥24.0M¥79.5M
2007¥24.0M¥95.5M
2008¥25.0M¥79.0M
2009¥25.0M¥87.5M
2010¥24.0M¥53.0M
2011¥24.0M¥56.0M
2012¥26.0M¥54.5M
2013¥26.0M¥60.0M
2014¥25.0M¥57.0M
2015¥25.0M¥66.0M
2016¥29.0M¥70.0M
2017¥28.5M¥110M
2018¥29.0M¥100M
2019¥30.0M¥110M
2020¥32.0M¥90.0M
2021¥33.0M¥90.0M
2022¥33.0M¥130M
2023¥34.0M¥120M
2024¥35.0M¥145M
2025¥40.0M¥180M
2026 (partial)¥40.0M¥140M
Median price per m² by yearHouses are the better deal on space — A m² of house floor space costs about 26% 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. That gap has narrowed over the decade as house prices caught up.
¥0¥500k¥1.0M¥1.5M¥2.0M20052008201120142017202020232026
Show data table
YearCondoHouseLand
2005¥501k/m²¥343k/m²¥520k/m²
2006¥552k/m²¥316k/m²¥640k/m²
2007¥633k/m²¥414k/m²¥820k/m²
2008¥643k/m²¥365k/m²¥760k/m²
2009¥600k/m²¥326k/m²¥530k/m²
2010¥600k/m²¥287k/m²¥565k/m²
2011¥622k/m²¥333k/m²¥490k/m²
2012¥614k/m²¥311k/m²¥490k/m²
2013¥600k/m²¥372k/m²¥565k/m²
2014¥627k/m²¥379k/m²¥580k/m²
2015¥714k/m²¥387k/m²¥650k/m²
2016¥760k/m²¥414k/m²¥750k/m²
2017¥819k/m²¥565k/m²¥855k/m²
2018¥875k/m²¥571k/m²¥900k/m²
2019¥886k/m²¥571k/m²¥935k/m²
2020¥929k/m²¥598k/m²¥920k/m²
2021¥967k/m²¥557k/m²¥915k/m²
2022¥1.0M/m²¥676k/m²¥1.1M/m²
2023¥1.0M/m²¥638k/m²¥980k/m²
2024¥1.1M/m²¥829k/m²¥1.4M/m²
2025¥1.2M/m²¥879k/m²¥1.8M/m²
2026 (partial)¥1.3M/m²¥970k/m²¥1.7M/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 29 years old and half by around 50. Prices keep falling by roughly 1.9% a year even after 25 years, so older condos here are cheap for a reason. Check the repair fund and rebuild plans.Houses bottom out at around 28 years — House prices per m² drop about 54% from new by age 28, then flatten, because by then buyers are mostly paying for the land. A house older than that costs little more than its plot, a good option if you plan to renovate or rebuild.
¥0¥500k¥1.0M¥1.5M05101520253035404550
Show data table
Building age (years)CondoHouse
0¥1.5M/m²¥957k/m²
1¥1.2M/m²¥968k/m²
2¥1.2M/m²–
3¥1.3M/m²–
4¥1.2M/m²–
5¥1.2M/m²–
6¥1.1M/m²¥917k/m²
7¥1.1M/m²–
8¥1.1M/m²–
9¥1.1M/m²–
10¥1.0M/m²–
11¥1.1M/m²–
12¥1.1M/m²–
13¥1.1M/m²–
14¥1.1M/m²–
15¥1.0M/m²–
16¥1.0M/m²–
17¥1.0M/m²–
18¥1.1M/m²–
19¥1.0M/m²–
20¥1.0M/m²–
21¥1.0M/m²–
22¥1.0M/m²–
23¥1.1M/m²–
24¥1.0M/m²–
25¥1.0M/m²–
26¥967k/m²–
27¥1.0M/m²–
28¥967k/m²¥445k/m²
29¥865k/m²–
30¥933k/m²–
31¥914k/m²–
32¥867k/m²–
33¥750k/m²¥556k/m²
34¥733k/m²¥717k/m²
35¥733k/m²¥650k/m²
36¥750k/m²¥657k/m²
37¥775k/m²¥502k/m²
38¥764k/m²–
39¥725k/m²¥616k/m²
40¥800k/m²¥365k/m²
41¥933k/m²–
42¥663k/m²¥594k/m²
43¥733k/m²–
44¥675k/m²¥590k/m²
45¥686k/m²–
46–¥687k/m²
47¥700k/m²¥455k/m²
49–¥349k/m²
50¥600k/m²¥730k/m²
Condo price per m² by construction period
¥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–¥400k/m²¥831k/m²–
2006–¥470k/m²¥850k/m²–
2007–¥527k/m²¥923k/m²–
2008–¥495k/m²¥880k/m²–
2009¥417k/m²¥450k/m²¥760k/m²–
2010–¥491k/m²¥767k/m²–
2011–¥492k/m²¥683k/m²¥960k/m²
2012–¥477k/m²¥619k/m²¥875k/m²
2013–¥475k/m²¥623k/m²¥875k/m²
2014¥486k/m²¥520k/m²¥667k/m²¥914k/m²
2015–¥600k/m²¥733k/m²¥960k/m²
2016–¥650k/m²¥780k/m²¥980k/m²
2017–¥662k/m²¥822k/m²¥970k/m²
2018–¥680k/m²¥900k/m²¥1.0M/m²
2019–¥700k/m²¥925k/m²¥1.0M/m²
2020–¥800k/m²¥943k/m²¥1.0M/m²
2021–¥809k/m²¥960k/m²¥1.1M/m²
2022–¥855k/m²¥1.0M/m²¥1.1M/m²
2023–¥850k/m²¥1.0M/m²¥1.1M/m²
2024–¥907k/m²¥1.1M/m²¥1.2M/m²
2025¥744k/m²¥1.1M/m²¥1.2M/m²¥1.3M/m²
2026 (partial)–¥982k/m²¥1.2M/m²¥1.3M/m²
House price per m² by construction period
¥0¥500k¥1.0M20052007200920112013201520172019202120232025

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–¥307k/m²––
2006¥272k/m²¥362k/m²––
2007–¥410k/m²––
2008–¥307k/m²––
2009–¥326k/m²¥524k/m²–
2010–¥232k/m²––
2011–¥233k/m²––
2012¥238k/m²¥250k/m²–¥544k/m²
2013–¥318k/m²–¥535k/m²
2014¥217k/m²¥348k/m²–¥614k/m²
2015¥243k/m²¥378k/m²–¥621k/m²
2016¥282k/m²¥379k/m²–¥630k/m²
2017¥351k/m²¥470k/m²–¥690k/m²
2018¥435k/m²¥432k/m²–¥712k/m²
2019¥461k/m²¥473k/m²–¥860k/m²
2020¥388k/m²¥411k/m²–¥850k/m²
2021¥305k/m²¥462k/m²––
2022–¥505k/m²––
2023–¥522k/m²––
2024¥560k/m²¥710k/m²––
2025–¥749k/m²––

Prices near train stations in Taito Ward

Sales from 2023–2025, grouped by nearest station.

StationMedian used condo priceCondo price per m²Median house price (land + building)Walk (min)Sales
Iriya(Tokyo) (入谷(東京))¥34.0M¥1.0M/m²¥130M5337
Minowa (三ノ輪)¥33.5M¥1.0M/m²¥69.5M6244
Asakusa(TsukubaExpress) (浅草(つくばEXP))¥42.5M¥1.2M/m²¥100M6243
Asakusa(Tobu/Toei/TokyoMetro) (浅草(東武・都営・メトロ))¥39.0M¥1.1M/m²¥190M9195
Shin Okachimachi (新御徒町)¥33.0M¥1.1M/m²¥230M4165
Kuramae (蔵前)¥37.0M¥1.2M/m²¥300M4155
Asakusabashi (浅草橋)¥33.0M¥1.2M/m²¥150M5142
Minami Senju (南千住)¥34.0M¥907k/m²¥67.0M10114
Ueno (上野)¥42.0M¥1.2M/m²–689
Inaricho(Tokyo) (稲荷町(東京))¥40.0M¥1.2M/m²¥120M484
Naka Okachimachi (仲御徒町)¥43.0M¥1.3M/m²¥155M475
Tawaramachi(Tokyo) (田原町(東京))¥45.0M¥1.2M/m²¥490M467
Uguisudani (鶯谷)¥36.0M¥1.0M/m²¥120M454
Nezu (根津)¥99.0M¥1.6M/m²¥130M545
Okachimachi (御徒町)¥27.0M¥1.1M/m²–627

Used condo prices by layout in Taito Ward

Sales from 2023–2025.

LayoutMedian used condo priceTypical sizeSales
1K¥27.0M25 m²515
1LDK¥45.0M40 m²274
2LDK¥61.0M55 m²251
3LDK¥75.0M65 m²177
1DK¥32.0M30 m²144
2DK¥37.5M40 m²50
1R¥16.0M20 m²25
Open floor¥46.0M50 m²18

How much does an apartment cost in Taito Ward?

The median used condo (mansion) in Taito Ward sold for ¥40.0M in 2025, about ¥1.2M/m², based on 551 recorded sales.

How much does a house cost in Taito Ward?

The median house sale, including the land, was ¥180M in 2025 across 141 sales.

Are property prices in Taito Ward going up?

Over the five years to 2025, condo prices per m² changed +29.2% and residential land prices changed +95.7%.

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.