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Overview of Detached House Prices in the Greater Tokyo Area

In March 2026, the average price for new detached houses in the Greater Tokyo area reached ¥49.43 million, marking a 0.9% increase compared to the previous month and a significant 4.6% rise year-over-year. This continuous growth has now persisted for 19 months, indicating a robust market trend.

Price Trends by Region

Tokyo Special Ward and Surrounding Areas

In the capital's special wards and surrounding prefectures, such as Kanagawa and Saitama, house prices have hit their highest levels since January 2017. Notably, more than 20% of properties in the Tokyo 23 wards are now listed for over ¥100 million, reflecting a surge in high-end property demand.

Areas Outside the Greater Tokyo Area

Additionally, across eight areas outside the metropolitan zone, Aichi and Fukuoka have recorded their ninth and eighth consecutive quarterly increases, respectively. However, Kyoto is the only region to see a decline in prices compared to the same period last year.

Among these regions, Hokkaido, Aichi, Osaka, and Fukuoka have also set new price records since the first quarter of 2017, further demonstrating a general market trend toward appreciating property values across Japan.

Monthly and Quarterly Data Collection

The pricing data analyzed comes from the At Home real estate information site, which collects consumer-facing registered prices exclusively for newly built detached homes. The average registered price, known in this survey as the “price,” is determined per property, ensuring unique listings.

An Overview of Price Movement

Across the Greater Tokyo area, average prices have risen consistently when compared both month-over-month and year-over-year. Interestingly, previous declining areas have started to show signs of recovery, contributing to an overall increase across all eight analyzed regions. This includes the Tokyo 23 wards, which have seen eight consecutive months of price increases, and the surrounding Tokyo areas, which have maintained their upward trajectory for 14 months.

Implications for Future Investments

This rising trend is a positive indicator for potential homeowners and investors alike, as the market shows resilience and growth potential. With consistent year-on-year increases over the last 12 months in all regions included in the survey, it is likely that this upward momentum may continue.

Conclusion

As the market evolves, staying informed about pricing trends will be crucial for stakeholders in the real estate sector. Further detailed insights and figures can be found in the full report, available for download from At Home's website.

For more detailed insights, please download the PDF at: At Home Report