Korea Apt Prices

Korea apartment market: April 2025

Contracts signed in April 2025, compared with March 2025. Generated automatically from official MOLIT transaction data.

South Korea

Apartment sales
41,533
Median sale price
₩348 million
Median price per m²
₩4.6 million/m²
Median jeonse deposit
₩284 million

In April 2025, 41,533 apartment sales were reported in South Korea, down 17.8% from March 2025 (50,530).

The median sale price was ₩348 million, down 8.4% from March 2025.

The median price per m² of exclusive area was ₩4.6 million/m² (-7.8% month on month).

The median jeonse deposit was ₩284 million, up 1.2% from March 2025. 51,653 jeonse and 42,854 monthly-rent leases were reported.

The jeonse ratio was 84.4%, compared with 77.1% in March 2025.

Among provinces with at least 100 sales in both months, sales rose most in Sejong (+85.9%) and fell most in Seoul (-46.6%).

ProvinceSalesvs March 2025 Median priceMedian per m²Per m², month on month
Seoul5,227-46.6% ₩905 million₩13.1 million/m² -15.6%
Jeonnam-Gwangju2,618-12.0% ₩200 million₩2.8 million/m² -0.6%
Busan2,315-12.6% ₩320 million₩4.5 million/m² -0.9%
Daegu1,933-7.5% ₩300 million₩3.7 million/m² +2.8%
Incheon2,523-13.1% ₩348 million₩4.7 million/m² -0.4%
Daejeon1,286-2.9% ₩320 million₩4.3 million/m² +2.6%
Ulsan1,458+0.1% ₩310 million₩4.0 million/m² +8.2%
Sejong1,396+85.9% ₩500 million₩6.8 million/m² +4.6%
Gyeonggi-do11,152-17.9% ₩470 million₩6.3 million/m² -3.2%
Chungcheongbuk-do1,681-13.8% ₩185 million₩2.7 million/m² -0.2%
Chungcheongnam-do2,120-8.7% ₩184 million₩2.5 million/m² +1.4%
Gyeongsangbuk-do1,818-11.2% ₩158 million₩2.1 million/m² -4.1%
Gyeongsangnam-do2,774-9.9% ₩209 million₩2.8 million/m² +3.6%
Jeju-do196-5.8% ₩290 million₩4.1 million/m² +0.2%
Gangwon State1,356-9.9% ₩190 million₩2.7 million/m² +2.2%
Jeonbuk State1,680-11.4% ₩165 million₩2.3 million/m² -0.3%

Seoul

Apartment sales
5,227
Median sale price
₩905 million
Median price per m²
₩13.1 million/m²
Jeonse ratio
54.0%

In April 2025, 5,227 apartment sales were reported in Seoul, down 46.6% from March 2025 (9,792).

The median sale price was ₩905 million, down 22.6% from March 2025.

The median price per m² of exclusive area was ₩13.1 million/m² (-15.6% month on month).

The median jeonse deposit was ₩510 million, up 1.2% from March 2025. 12,916 jeonse and 9,890 monthly-rent leases were reported.

The jeonse ratio was 54.0%, compared with 46.0% in March 2025.

Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Gangnam-gu (+29.1%) and fell most in Seocho-gu (-25.6%).

DistrictSalesvs March 2025Median priceMedian per m²Per m², month on month
Nowon-gu385 -31.1%₩572 million ₩9.7 million/m²+0.4%
Dongjak-gu363 -31.6%₩1.11 billion ₩15.9 million/m²-1.6%
Yeongdeungpo-gu352 -30.8%₩1.14 billion ₩14.9 million/m²+0.2%
Mapo-gu340 -38.0%₩1.41 billion ₩18.4 million/m²-3.8%
Gangseo-gu330 -20.9%₩806 million ₩11.8 million/m²-4.8%
Dongdaemun-gu321 -15.7%₩725 million ₩14.0 million/m²+19.9%
Seongdong-gu319 -45.3%₩1.52 billion ₩19.9 million/m²+2.1%
Seongbuk-gu313 -22.3%₩805 million ₩11.0 million/m²-3.2%
Yangcheon-gu299 -34.1%₩1.43 billion ₩17.3 million/m²+5.8%
Gangdong-gu292 -50.7%₩1.15 billion ₩15.1 million/m²-5.0%
Guro-gu258 -21.3%₩680 million ₩9.6 million/m²+2.8%
Seodaemun-gu249 -14.7%₩905 million ₩12.3 million/m²-10.1%
Eunpyeong-gu190 -27.5%₩720 million ₩11.0 million/m²+0.7%
Gwanak-gu173 -26.4%₩825 million ₩10.8 million/m²-3.0%
Gwangjin-gu156 -37.1%₩1.26 billion ₩16.6 million/m²-5.5%
Dobong-gu149 -11.3%₩505 million ₩7.2 million/m²-1.1%
Jungnang-gu134 -22.1%₩585 million ₩8.8 million/m²-0.9%
Songpa-gu129 -85.8%₩1.58 billion ₩19.1 million/m²-6.4%
Gangnam-gu106 -87.4%₩3.83 billion ₩38.9 million/m²+29.1%
Jung-gu93 -41.5%₩1.06 billion ₩14.6 million/m²-6.4%
Gangbuk-gu90 -9.1%₩700 million ₩9.3 million/m²+6.2%
Geumcheon-gu54 -39.3%₩548 million ₩7.8 million/m²-2.0%
Seocho-gu54 -91.8%₩1.72 billion ₩19.3 million/m²-25.6%
Jongno-gu41 -48.8%₩860 million ₩12.4 million/m²-16.6%
Yongsan-gu37 -86.3%₩1.68 billion ₩21.2 million/m²-5.1%

Month-on-month price changes are shown only where both months have at least 10 sales (20 for Seoul districts). Medians move with the mix of homes sold.

Other months