What are prices doing for houses in Shibuya, Tokyo?

As of September 2026, Gross yield for houses in Shibuya, Tokyo is 7.01% — 51bps above the Tokyo average of 6.50% (47 records).As of September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo is 450.6 ¥10k/tsubo — 123.1% above the Tokyo average of 202.0 ¥10k/tsubo (47 records).

What gross yield does houses in Shibuya, Tokyo run at?

As of September 2026, Gross yield for houses in Shibuya, Tokyo is 7.01% — 51bps above the Tokyo average of 6.50% (47 records).From June 2023 to September 2026, Gross yield for houses in Shibuya, Tokyo went from 5.27% to 7.01% — up (+174bps).

What are asking prices and unit prices for houses in Shibuya, Tokyo?

As of September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo is 450.6 ¥10k/tsubo — 123.1% above the Tokyo average of 202.0 ¥10k/tsubo (47 records).From December 2022 to September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo went from 324.6 ¥10k/tsubo to 450.6 ¥10k/tsubo — up (+38.8%).From December 2022 to September 2026, Asking price for houses in Shibuya, Tokyo went from 8,740 ¥10k to 13,980 ¥10k — up (+60.0%).

Market report

Shibuya, Tokyo houses market report

Record counts, unit-price trends and a comparison against the Tokyo average, aggregated monthly by Urbalytics for houses listed in Shibuya, Tokyo. Latest month: September 2026.

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2018 Shibuya Crossing·Kakidai/CC BY-SA 4.0 (cropped)·Wikimedia Commons

Shibuya, Tokyo houses｜overview

Counts are houses listings in Shibuya, Tokyo for which a price could be obtained (on the market and closed). The commentary is derived mechanically from the figures on this page.

What the data says

As of September 2026, Gross yield for houses in Shibuya, Tokyo is 7.01% — 51bps above the Tokyo average of 6.50% (47 records).
As of September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo is 450.6 ¥10k/tsubo — 123.1% above the Tokyo average of 202.0 ¥10k/tsubo (47 records).

House (listed)

September 2026・1.0% of Tokyo

See these 47 listingsFree sign-in required

house (on offer)

September 2026・2.0% of Tokyo

Price per tsubo of floor area (median)

450.6 ¥10k/tsubo

vs Tokyo average +123.1%

September 2026・136.3 ¥10k/㎡

Price WatchIn August 2026, 26 houses listings in Shibuya (渋谷区) cut their asking price (median cut −4.6%).Open Price Watch

asking price and area for houses

House — Asking price and Price per tsubo of floor area over time

Asking price = the median of prices published to the market. Read as a series, the level of the total shows where the market is moving.

Price per tsubo of floor area = asking price ÷ floor area. What the property is asking per unit of space (1 tsubo ≈ 3.31㎡).

Shibuya, latest

13,980 ¥10k

2026年9月

Whole period

+60.0%

vs December 2022

vs Tokyo

+150.5%

baseline 5,580 ¥10k

20th–80th percentile

7,580〜19,980 ¥10k

the middle 60% · September 2026

Asking price

Unit: ¥10k

Price per tsubo of floor area

Unit: ¥10k/tsubo

House, Asking price (¥10k) and Price per tsubo of floor area (¥10k/tsubo), month by month
Month	Asking price — Shibuya	Asking price — Tokyo	Difference (Asking price)	Price per tsubo of floor area — Shibuya	Price per tsubo of floor area — Tokyo	Records
2026年9月	13,980	5,580	+150.5%	450.6	202.0	47
2026年8月	16,480	5,499	+199.7%	567.9	201.0	44
2026年7月	14,000	5,480	+155.5%	527.6	198.7	52
2026年6月	17,190	5,480	+213.7%	574.2	196.7	58
2026年5月	15,800	5,100	+209.8%	620.5	186.8	49
2026年4月	16,100	5,350	+200.9%	556.0	194.4	52
2026年3月	16,300	4,980	+227.3%	544.5	181.8	48
2026年2月	16,800	5,200	+223.1%	631.1	189.8	62
2026年1月	15,589	4,999	+211.8%	564.0	188.1	59
2025年12月	19,900	5,280	+276.9%	617.2	193.7	64
2025年11月	16,980	5,128	+231.1%	605.0	188.8	53
2025年10月	15,750	4,980	+216.3%	583.8	180.8	49
2025年9月	18,525	4,990	+271.2%	597.4	183.8	53
2025年8月	20,580	4,980	+313.3%	636.7	182.5	43
2025年7月	16,900	4,850	+248.5%	566.9	175.5	51
2025年6月	14,800	4,780	+209.6%	489.9	175.5	60
2025年5月	19,600	4,820	+306.6%	546.4	175.9	54
2025年4月	17,100	4,950	+245.5%	519.0	177.5	102
2025年3月	11,500	4,790	+140.1%	509.1	174.5	50
2025年2月	14,000	5,980	+134.1%	503.8	218.2	36
2025年1月	15,240	6,100	+149.8%	528.9	221.5	32
2024年12月	15,790	5,990	+163.6%	501.8	218.5	34
2024年11月	7,745	6,330	+22.4%	316.0	224.5	52
2024年10月	18,000	5,800	+210.3%	496.9	208.9	30
2024年9月	17,300	5,680	+204.6%	417.5	211.9	33
2024年8月	11,680	5,780	+102.1%	385.1	215.9	28
2024年7月	11,880	5,530	+114.8%	437.0	213.9	28
2024年6月	13,090	5,680	+130.5%	440.7	217.2	30
2024年5月	16,140	5,800	+178.3%	440.7	223.1	24
2024年4月	11,800	5,980	+97.3%	391.1	229.8	33
2024年3月	14,750	5,880	+150.9%	445.6	226.4	33
2024年2月	14,940	5,980	+149.8%	384.1	234.0	29
2024年1月	12,000	6,150	+95.1%	430.4	236.7	26
2023年12月	12,490	4,290	+191.1%	399.7	169.3	32
2023年11月	11,745	4,365	+169.1%	441.3	175.9	18
2023年10月	10,985	4,300	+155.5%	469.8	173.6	28
2023年9月	14,800	4,240	+249.1%	384.5	165.0	21
2023年8月	12,200	4,000	+205.0%	340.8	160.3	10
2023年7月	17,800	4,160	+327.9%	389.8	171.6	17
2023年6月	10,880	4,180	+160.3%	374.2	163.3	27
2023年5月	9,580	4,350	+120.2%	345.8	159.0	14
2023年4月	—	4,680	—	—	166.0	6
2023年3月	7,640	4,950	+54.3%	316.4	178.2	11
2023年2月	—	4,900	—	—	181.5	9
2023年1月	—	5,280	—	—	186.1	6
2022年12月	8,740	5,365	+62.9%	324.6	179.5	12

Source: monthly aggregates of listing and rental-offer data collected by Urbalytics

Conditions

Source: listings Urbalytics collects (on the market and closed)
Publication threshold: figures shown only for months with 10 or more records
Statistic: median (P20–P80 is the 20th to 80th percentile). Outliers removed by the IQR method
In a thin month (10–30 records) both the median and the P20–P80 band move on a single listing. Read them alongside the record count shown next to each figure.
Period: from 12 2022 — the window over which each property type is aggregated independently

What the data says

As of September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo is 450.6 ¥10k/tsubo — 123.1% above the Tokyo average of 202.0 ¥10k/tsubo (47 records).
From December 2022 to September 2026, Price per tsubo of floor area for houses in Shibuya, Tokyo went from 324.6 ¥10k/tsubo to 450.6 ¥10k/tsubo — up (+38.8%).
From December 2022 to September 2026, Asking price for houses in Shibuya, Tokyo went from 8,740 ¥10k to 13,980 ¥10k — up (+60.0%).

House — Floor area and Land area over time

Floor area = the median Floor area among listed properties. At the same Price per tsubo of floor area, more space still means a higher total — which is why this is read alongside the price series. (1 tsubo ≈ 3.31㎡)

Land area = the median land area among listed properties. It is the denominator under the per-tsubo buildable price, and Within one area, a change in plot size moves the total. (1 tsubo ≈ 3.31㎡)

Shibuya, latest

28.7tsubo

2026年9月

Whole period

+12.2%

vs December 2022

vs Tokyo

+0.7%

baseline 28.5tsubo

20th–80th percentile

19.8〜40.9tsubo

the middle 60% · September 2026

Floor area

Unit: tsubo

Land area

Unit: tsubo

House, Floor area (tsubo) and Land area (tsubo), month by month
Month	Floor area — Shibuya	Floor area — Tokyo	Difference (Floor area)	Land area — Shibuya	Land area — Tokyo	Records
2026年9月	28.7	28.5	+0.7%	18.6	29.5	47
2026年8月	27.4	28.6	−4.1%	17.1	29.6	44
2026年7月	25.4	28.6	−10.9%	17.1	30.1	52
2026年6月	27.8	28.5	−2.4%	18.0	30.3	58
2026年5月	25.3	28.4	−10.9%	18.2	30.3	49
2026年4月	28.6	28.7	−0.2%	18.5	30.4	52
2026年3月	31.5	28.5	+10.5%	19.1	30.4	48
2026年2月	26.0	28.4	−8.4%	18.5	30.3	62
2026年1月	31.4	28.3	+10.8%	21.0	30.3	59
2025年12月	32.4	28.6	+13.5%	20.6	29.8	64
2025年11月	27.7	28.4	−2.7%	18.3	30.1	53
2025年10月	29.8	28.4	+4.7%	22.6	30.3	49
2025年9月	32.7	28.3	+15.5%	23.9	29.9	53
2025年8月	33.6	28.3	+18.7%	22.8	30.3	43
2025年7月	31.1	28.1	+10.6%	21.1	30.3	51
2025年6月	31.9	28.2	+13.1%	24.2	30.3	60
2025年5月	33.0	28.2	+17.3%	28.0	30.3	54
2025年4月	32.1	28.2	+13.8%	20.0	30.3	102
2025年3月	26.6	28.4	−6.5%	17.4	30.3	50
2025年2月	24.2	28.2	−14.3%	16.6	28.5	36
2025年1月	25.2	28.5	−11.5%	17.1	28.3	32
2024年12月	30.9	28.6	+8.2%	20.4	29.3	34
2024年11月	24.7	29.1	−15.2%	14.6	26.7	52
2024年10月	31.0	28.2	+10.1%	22.6	24.8	30
2024年9月	30.3	27.5	+10.2%	22.6	23.8	33
2024年8月	27.4	27.4	+0.2%	20.5	22.2	28
2024年7月	25.3	27.3	−7.5%	16.5	23.7	28
2024年6月	27.4	26.8	+2.0%	16.8	23.7	30
2024年5月	32.4	27.0	+19.8%	20.1	23.6	24
2024年4月	28.1	27.2	+3.3%	17.4	23.2	33
2024年3月	31.9	27.2	+17.2%	20.4	23.8	33
2024年2月	33.4	27.1	+23.1%	21.6	24.7	29
2024年1月	32.3	27.0	+19.7%	19.7	23.3	26
2023年12月	32.3	27.3	+18.3%	20.1	23.8	32
2023年11月	27.6	27.1	+1.7%	20.5	23.0	18
2023年10月	32.9	27.2	+21.2%	18.4	23.7	28
2023年9月	37.3	27.4	+35.8%	26.2	24.9	21
2023年8月	33.9	27.1	+25.1%	20.0	25.0	10
2023年7月	34.1	27.5	+23.9%	24.6	25.0	17
2023年6月	29.6	26.9	+10.1%	19.8	24.0	27
2023年5月	29.0	26.6	+9.3%	16.2	22.7	14
2023年4月	—	27.9	—	—	26.8	6
2023年3月	25.7	28.1	−8.3%	15.3	26.5	11
2023年2月	—	27.7	—	—	24.1	9
2023年1月	—	27.8	—	—	23.3	6
2022年12月	25.6	28.7	−10.7%	16.1	28.3	12

Source: monthly aggregates of listing and rental-offer data collected by Urbalytics

Conditions

Source: listings Urbalytics collects (on the market and closed)
Area: building area is gross floor area (exclusive area for condominium units); land area is the registered figure
Publication threshold: figures shown only for months with 10 or more records
Statistic: median (P20–P80 is the 20th to 80th percentile)
Unit: tsubo (1 tsubo ≈ 3.31㎡), matched to the unit the per-tsubo price multiplies against

What the data says

As of September 2026, Floor area for houses in Shibuya, Tokyo is 28.7tsubo — 0.7% above the Tokyo average of 28.5tsubo (47 records).
As of September 2026, land area for houses in Shibuya, Tokyo is 18.6tsubo — 36.9% below the Tokyo average of 29.5tsubo (47 records).

Asking rent and area over time

Total rent = monthly rent + common charges; rent per unit area is that divided by area. Area is the variable between the two — a month where only the total moved is a month where the space on offer changed, not the price.

Detailed distributions and trends are available on a free account.

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houses: listings over time

Detailed distributions and trends are available on a free account.

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Monthly report (PDF)

Monthly aggregate reports for houses in Shibuya, Tokyo(through August 2026). Free to download, no account needed. Later months can be exported in the same format from “Save as PDF” at the top of this page.

2026-08

House

Market report 2026-07

House

Market report 2026-06

House

Market report 2026-05

House

Market report

Figures on this page are derived statistics: monthly aggregates of listing and rental-offer data collected by Urbalytics. They are not individual transaction records.