Korea apartment prices by district

Is the price you were quoted reasonable?

A district median tells you what an area costs. It cannot tell you whether one apartment is priced fairly, because the median mixes studios with family units, new towers with buildings from the 1990s, and top floors with basements. A wide range usually means a varied district, not bad data.

Picking a size band in the lookup removes part of that spread, so the median you read describes homes near the size you are considering instead of every apartment in the district.

To judge an actual offer, bring the apartment name and the size in square meters to the monthly rent check or the jeonse deposit check. Both compare your numbers against reported contracts in the same complex instead of the whole district, and both show you the contracts they matched.

If the figure you were quoted sits far above what this page shows, treat that as a question to ask, not a verdict. Ask what the premium buys: a renovation, a higher floor, a shorter walk to the subway, or a landlord who expects you to negotiate.

Why Korean price information is hard to trust

Search for Korean apartment prices in English and most of what comes back is one of three things. An asking price is what a seller hopes to get. A crowdsourced estimate is an average of what a handful of people said they pay. A number quoted in an article is often years old with no date attached. None of them tell you what anyone actually paid.

Korea is unusual in publishing the real answer. Completed apartment sales and leases have to be reported to the Ministry of Land, Infrastructure and Transport, and those reports are public. That is the only source behind this page. We print the sample size beside every figure so you can see how much evidence sits under it, and we say so plainly when there is not enough.

How we compute this

The short version, so you can judge the numbers instead of taking them on faith.

• We start with contracts from the most recent three months. If a district has fewer than five reported sales in that window, we widen to six months and tell you so in the result.
• We report a median rather than an average, so a single penthouse does not pull a whole district upward.
• We never publish a figure that rests on fewer than five contracts. Below that the block reads unavailable instead of guessing.
• You can narrow to a size band before you look up a district. The five contract minimum then applies to that band, so a narrow band in a quiet district can read unavailable while the district as a whole does not.
• Jeonse and monthly rent are counted separately, each with its own median and its own sample size.
• A sale range is the cheapest and the most expensive contract in the sample, not a confidence interval.
• Medians use every contract reported in the window, not only the recent ones we list as evidence.
• Amounts are shown in won, and the recent contracts we list carry the size and floor so you can see what kind of home the evidence describes.

You can look up any of the 256 districts that report transactions, from central Seoul to rural counties. Each one is listed with its Korean name and its romanization, and you can type either into the filter above the list.

What this page does not tell you

Only apartments are covered. Villas, officetels, detached houses, commercial premises, and any arrangement that was never reported sit outside this data. If you are looking at an officetel or a villa, these medians will not describe it.

Contracts can be reported weeks after they are signed, and some are corrected or cancelled later. The most recent month always looks thinner than it will eventually be, so treat a small recent sample with care.

Nothing here checks the property register, confirms who owns the home, finds a mortgage or another tenant deposit ranking ahead of yours, or tells you whether your deposit qualifies for protection. For a deposit, those questions matter more than the price. Start with the housing contract guide, or the property purchase guide if you are buying rather than renting. If you want a person to read the contract with you before you sign, we offer paid housing review support.

Condition, renovation, floor, direction, view, parking, management fees, and whatever the landlord privately agreed to are not in the record either. Two apartments of the same size in the same building can sit far apart for reasons no dataset captures.

Korean apartment price questions