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Prices · Tokyo · Shibuya

Shibuya apartment prices, 2021–2025

What resale apartments near Shibuya station actually sold for, from the government’s closed-price records: by year, size, layout and district. No listings and no asking prices.

Last reviewed: 7 October 2026Data: MLIT closed prices to 2025Ward: Shibuya

Key points

  • 2025 median near Shibuya: ¥100.0m (≈ US$0.63m), ¥2,000,000/㎡ (≈ US$1,175/ft²). 115 resale condominiums whose nearest station was recorded as Shibuya (), median size 50 ㎡. 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 ¥/㎡ +82% since 2021 (¥1,100,000/㎡, 102 sales).
  • 2021–2025 in total: 476 sales (Minato 1 and Shibuya 475 ward records), half of them between ¥39.8m and ¥130.0m.

Shibuya (JR, Tokyo Metro, Tokyu and Keio lines). Sales filed under Shibuya station include Shibuya, Dogenzaka, Sakuragaoka, Udagawacho and parts of Jingumae and Higashi.

Shibuya apartment prices by year, 2021–2025

Resale condominiums () only, closed prices () 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.

YearCondo salesMedian priceMedian ¥/㎡US$/ft²Median size
2021102¥47.0m¥1,100,000≈ US$646/ft²45 ㎡
202275¥68.0m¥1,428,571≈ US$840/ft²45 ㎡
202388¥63.5m¥1,269,281≈ US$746/ft²48 ㎡
202496¥86.0m¥1,845,238≈ US$1,084/ft²48 ㎡
2025115¥100.0m¥2,000,000≈ US$1,175/ft²50 ㎡

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 Shibuya: size and layout

All 2021–2025 sales, grouped by floor area and by layout (; groups with fewer than 5 sales are left out). The “middle half” is the 25th to 75th percentile.

Floor areaSalesMiddle half of pricesMedian priceMedian ¥/㎡
under 40 ㎡162¥22.0m – ¥45.0m¥31.0m¥1,116,667
40–70 ㎡203¥57.5m – ¥120.0m¥87.0m¥1,725,000
70–100 ㎡81¥100.0m – ¥200.0m¥160.0m¥2,000,000
100 ㎡ and over30¥202.5m – ¥397.5m¥305.0m¥2,416,149
LayoutSalesMiddle half of pricesMedian priceMedian ¥/㎡
Studio (1R / 1K / 1DK)186¥23.0m – ¥49.0m¥35.0m¥1,150,000
1LDK140¥59.0m – ¥120.0m¥89.0m¥1,900,000
2LDK118¥85.2m – ¥190.0m¥145.0m¥2,000,000
3LDK30¥132.5m – ¥347.5m¥200.0m¥1,950,000

The same sales by the district () recorded in the file, districts with 10 or more sales:

DistrictSalesMiddle half of pricesMedian priceMedian ¥/㎡
Shibuya 117¥47.0m – ¥160.0m¥78.0m¥1,771,429
Udagawacho 94¥93.0m – ¥170.0m¥130.0m¥2,183,333
Sakuragaokacho 60¥44.8m – ¥89.0m¥56.0m¥1,300,000
Maruyamacho 43¥19.5m – ¥57.0m¥36.0m¥1,133,333
Nanpeidaicho 37¥52.0m – ¥180.0m¥110.0m¥1,375,000
Dogenzaka 28¥21.0m – ¥31.0m¥23.0m¥920,000
Higashi 27¥34.0m – ¥80.0m¥50.0m¥1,228,571
Uguisudanicho 16¥38.0m – ¥172.5m¥45.5m¥1,214,286

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)
  • Ebisu — 2025 median ¥2,000,000/㎡ (102 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 Shibuya station?

In 2025, the median closed price of a resale condominium with Shibuya recorded as the nearest station was ¥100.0m (≈ US$0.63m) for a median 50 ㎡, or ¥2,000,000 per ㎡, across 115 sales (MLIT). Half of all 2021–2025 sales were between ¥39.8m and ¥130.0m.

Have apartment prices near Shibuya gone up?

The median ¥/㎡ of resale condos near Shibuya went from ¥1,100,000 in 2021 to ¥2,000,000 in 2025 (+82%). 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 Shibuya?

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.

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Sources

  1. MLIT Real Estate Information Library (), closed-price data () for Minato and Shibuya wards, 2021–2025, official CSV download of 2026-09-29: reinfolib.mlit.go.jp. . Medians and groupings are our own and are not published or endorsed by MLIT.
  2. 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 (). We may receive a referral fee from the broker; you pay nothing to us.