Key points
- 2025 median near Ebisu: ¥110.0m (≈ US$0.70m), ¥2,000,000/㎡ (≈ US$1,175/ft²). 102 resale condominiums whose nearest station was recorded as Ebisu (恵比寿), median size 60 ㎡. These are closed prices reported by brokers to the government, not asking prices.
- Versus the ward: +27% per ㎡ against all of Shibuya ward in 2025 (¥1,571,429/㎡, 907 sales).
- Trend: median ¥/㎡ +55% since 2021 (¥1,294,118/㎡, 73 sales).
- 2021–2025 in total: 420 sales (Minato 1 and Shibuya 419 ward records), half of them between ¥57.0m and ¥140.0m.
Ebisu (JR Yamanote Line, Saikyo Line, Tokyo Metro Hibiya Line). Ebisu station is in Shibuya ward but its catchment runs into Meguro; this page covers only sales recorded in Shibuya and Minato wards.
Ebisu apartment prices by year, 2021–2025
Resale condominiums (中古マンション等) only, closed prices (成約価格情報) from the MLIT Real Estate Information Library, special-circumstance sales removed. ¥/㎡ is per ㎡ of floor area. US$ at the ECB rate of 2026-10-06 (¥158.09), for every year, so the dollar column shows price level, not what a buyer paid in dollars at the time.
| Year | Condo sales | Median price | Median ¥/㎡ | US$/ft² | Median size |
|---|---|---|---|---|---|
| 2021 | 73 | ¥75.0m | ¥1,294,118 | ≈ US$761/ft² | 60 ㎡ |
| 2022 | 65 | ¥79.0m | ¥1,400,000 | ≈ US$823/ft² | 55 ㎡ |
| 2023 | 106 | ¥82.5m | ¥1,679,487 | ≈ US$987/ft² | 55 ㎡ |
| 2024 | 74 | ¥88.0m | ¥1,766,667 | ≈ US$1,038/ft² | 55 ㎡ |
| 2025 | 102 | ¥110.0m | ¥2,000,000 | ≈ US$1,175/ft² | 60 ㎡ |
For context, Shibuya ward as a whole: 2021–2025 median ¥1,314,286/㎡ across 3,605 sales. Ward-level detail, districts and the long survey series are on Shibuya apartment prices.
What sells near Ebisu: size and layout
All 2021–2025 sales, grouped by floor area and by layout (間取り; groups with fewer than 5 sales are left out). The “middle half” is the 25th to 75th percentile.
| Floor area | Sales | Middle half of prices | Median price | Median ¥/㎡ |
|---|---|---|---|---|
| under 40 ㎡ | 85 | ¥22.0m – ¥44.0m | ¥33.0m | ¥1,240,000 |
| 40–70 ㎡ | 217 | ¥65.0m – ¥110.0m | ¥85.0m | ¥1,666,667 |
| 70–100 ㎡ | 95 | ¥120.0m – ¥200.0m | ¥150.0m | ¥2,000,000 |
| 100 ㎡ and over | 23 | ¥160.0m – ¥305.0m | ¥240.0m | ¥2,086,957 |
| Layout | Sales | Middle half of prices | Median price | Median ¥/㎡ |
|---|---|---|---|---|
| Studio (1R / 1K / 1DK) | 91 | ¥23.0m – ¥45.5m | ¥34.0m | ¥1,200,000 |
| 1LDK | 122 | ¥65.0m – ¥98.8m | ¥80.0m | ¥1,700,000 |
| 2LDK | 163 | ¥86.0m – ¥160.0m | ¥130.0m | ¥1,888,889 |
| 3LDK | 40 | ¥127.5m – ¥252.5m | ¥160.0m | ¥1,892,045 |
The same sales by the district (地区名) recorded in the file, districts with 10 or more sales:
| District | Sales | Middle half of prices | Median price | Median ¥/㎡ |
|---|---|---|---|---|
| Ebisu 恵比寿 | 168 | ¥60.8m – ¥150.0m | ¥99.5m | ¥1,714,286 |
| Ebisu-minami 恵比寿南 | 91 | ¥64.5m – ¥170.0m | ¥96.0m | ¥1,850,000 |
| Hiroo 広尾 | 81 | ¥53.0m – ¥120.0m | ¥85.0m | ¥1,545,455 |
| Higashi 東 | 42 | ¥33.2m – ¥130.0m | ¥74.0m | ¥1,303,846 |
| Ebisu-nishi 恵比寿西 | 37 | ¥44.0m – ¥100.0m | ¥68.0m | ¥1,300,000 |
How to read these numbers
“Nearest station” is the station MLIT records for each sale; the walking time is not published per sale in this table, so a flat 2 minutes from the gate and one 15 minutes away are pooled. Building age, floor and view are not in the median, and in central Tokyo a new tower and a 1980s walk-up can sit on the same street at twice the price per ㎡. To see how age alone moves the price, read why Japanese apartments lose value with age; to price a specific flat, try the sale price estimator.
Buying costs (brokerage, acquisition tax, registration) are about 6% on top of the price: cost of buying property in Japan. Running costs for a non-resident owner: property tax for foreigners. Gross rental yield by ward: Japan rental yield.
Other stations in Minato and Shibuya
- Roppongi — 2025 median ¥1,748,889/㎡ (72 sales)
- Azabu-Juban — 2025 median ¥1,914,286/㎡ (167 sales)
- Hiroo — 2025 median ¥2,390,476/㎡ (136 sales)
- Akasaka — 2025 median ¥1,500,000/㎡ (73 sales)
- Shirokane-Takanawa — 2025 median ¥2,166,667/㎡ (157 sales)
- Omotesando — 2025 median ¥1,860,000/㎡ (71 sales)
- Shibuya — 2025 median ¥2,000,000/㎡ (115 sales)
- Daikanyama — 2025 median ¥2,566,845/㎡ (34 sales)
- Tamachi — 2025 median ¥2,000,000/㎡ (206 sales)
All of central Tokyo: Tokyo apartment prices · Tokyo price per square metre · Tokyo land prices
FAQ
How much is an apartment near Ebisu station?
In 2025, the median closed price of a resale condominium with Ebisu recorded as the nearest station was ¥110.0m (≈ US$0.70m) for a median 60 ㎡, or ¥2,000,000 per ㎡, across 102 sales (MLIT). Half of all 2021–2025 sales were between ¥57.0m and ¥140.0m.
Have apartment prices near Ebisu gone up?
The median ¥/㎡ of resale condos near Ebisu went from ¥1,294,118 in 2021 to ¥2,000,000 in 2025 (+55%). The mix of buildings sold changes every year, so treat this as direction, not as the change in any one flat's value.
Can a foreigner buy an apartment in Ebisu?
Yes. Japan has no nationality or residence condition for buying a condominium, and owning one does not give a visa. A non-resident files a report with the Ministry of Finance after buying and appoints a tax agent. See buying property in Japan as a foreigner.
Buying in Japan and want it checked properly?
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Sources
- MLIT Real Estate Information Library (国土交通省 不動産情報ライブラリ), closed-price data (成約価格情報) for Minato and Shibuya wards, 2021–2025, official CSV download of 2026-09-29: reinfolib.mlit.go.jp. 出典：国土交通省 不動産情報ライブラリのデータを加工して作成. Medians and groupings are our own and are not published or endorsed by MLIT.
- Exchange rate: European Central Bank euro reference rates, cross rate of 2026-10-06: ecb.europa.eu
Last reviewed: 7 October 2026. Figures are medians of MLIT closed-price records for 2021–2025; 2026 is not complete and is left out.
Disclaimer. Past prices do not predict future prices. General information, not a valuation or investment advice. Japan House Prices is not a real estate broker (宅地建物取引業者). We may receive a referral fee from the broker; you pay nothing to us.