Korea apartment market: May 2025
Contracts signed in May 2025, compared with April 2025. Generated automatically from official MOLIT transaction data.
South Korea
In May 2025, 45,569 apartment sales were reported in South Korea, up 9.7% from April 2025 (41,533).
The median sale price was ₩370 million, up 6.3% from April 2025.
The median price per m² of exclusive area was ₩5.0 million/m² (+8.2% month on month).
The median jeonse deposit was ₩290 million, up 2.3% from April 2025. 52,063 jeonse and 44,849 monthly-rent leases were reported.
The jeonse ratio was 80.2%, compared with 84.4% in April 2025.
Among provinces with at least 100 sales in both months, sales rose most in Seoul (+45.0%) and fell most in Sejong (-60.6%).
| Province | Sales | vs April 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Seoul | 7,578 | +45.0% | ₩1.00 billion | ₩13.8 million/m² | +5.6% |
| Jeonnam-Gwangju | 2,429 | -7.2% | ₩209 million | ₩2.8 million/m² | +1.9% |
| Busan | 2,684 | +15.9% | ₩350 million | ₩4.8 million/m² | +8.1% |
| Daegu | 1,928 | -0.3% | ₩320 million | ₩3.9 million/m² | +5.6% |
| Incheon | 2,582 | +2.3% | ₩357 million | ₩4.7 million/m² | -0.3% |
| Daejeon | 1,399 | +8.8% | ₩325 million | ₩4.3 million/m² | -0.2% |
| Ulsan | 1,339 | -8.2% | ₩293 million | ₩3.9 million/m² | -2.7% |
| Sejong | 550 | -60.6% | ₩500 million | ₩6.8 million/m² | -0.6% |
| Gyeonggi-do | 12,793 | +14.7% | ₩500 million | ₩6.7 million/m² | +6.3% |
| Chungcheongbuk-do | 1,968 | +17.1% | ₩196 million | ₩2.8 million/m² | +4.5% |
| Chungcheongnam-do | 2,308 | +8.9% | ₩190 million | ₩2.5 million/m² | +0.1% |
| Gyeongsangbuk-do | 1,830 | +0.7% | ₩162 million | ₩2.2 million/m² | +1.6% |
| Gyeongsangnam-do | 2,848 | +2.7% | ₩210 million | ₩2.8 million/m² | +0.8% |
| Jeju-do | 188 | -4.1% | ₩300 million | ₩4.2 million/m² | +3.4% |
| Gangwon State | 1,373 | +1.3% | ₩180 million | ₩2.6 million/m² | -2.8% |
| Jeonbuk State | 1,772 | +5.5% | ₩170 million | ₩2.7 million/m² | +14.5% |
Seoul
In May 2025, 7,578 apartment sales were reported in Seoul, up 45.0% from April 2025 (5,227).
The median sale price was ₩1.00 billion, up 10.5% from April 2025.
The median price per m² of exclusive area was ₩13.8 million/m² (+5.6% month on month).
The median jeonse deposit was ₩530 million, up 3.9% from April 2025. 12,689 jeonse and 10,911 monthly-rent leases were reported.
The jeonse ratio was 53.0%, compared with 54.0% in April 2025.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Seocho-gu (+31.6%) and fell most in Gangnam-gu (-18.1%).
| District | Sales | vs April 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Nowon-gu | 521 | +35.3% | ₩578 million | ₩9.8 million/m² | +0.9% |
| Gangdong-gu | 505 | +72.9% | ₩1.30 billion | ₩17.1 million/m² | +13.2% |
| Seongdong-gu | 504 | +58.0% | ₩1.48 billion | ₩19.8 million/m² | -0.3% |
| Guro-gu | 486 | +88.4% | ₩500 million | ₩11.4 million/m² | +18.2% |
| Dongjak-gu | 485 | +33.6% | ₩1.24 billion | ₩15.5 million/m² | -2.4% |
| Yeongdeungpo-gu | 483 | +37.2% | ₩1.10 billion | ₩15.1 million/m² | +1.1% |
| Gangseo-gu | 480 | +45.5% | ₩720 million | ₩12.9 million/m² | +9.3% |
| Mapo-gu | 439 | +29.1% | ₩1.49 billion | ₩19.2 million/m² | +4.2% |
| Seongbuk-gu | 423 | +35.1% | ₩800 million | ₩11.0 million/m² | +0.5% |
| Songpa-gu | 385 | +198.4% | ₩1.75 billion | ₩20.0 million/m² | +4.8% |
| Yangcheon-gu | 368 | +23.1% | ₩1.28 billion | ₩15.2 million/m² | -11.9% |
| Dongdaemun-gu | 331 | +3.1% | ₩855 million | ₩11.7 million/m² | -16.9% |
| Seodaemun-gu | 323 | +29.7% | ₩957 million | ₩14.1 million/m² | +14.0% |
| Gangnam-gu | 256 | +141.5% | ₩2.66 billion | ₩31.9 million/m² | -18.1% |
| Eunpyeong-gu | 237 | +24.7% | ₩780 million | ₩11.4 million/m² | +3.6% |
| Gwangjin-gu | 225 | +44.2% | ₩1.38 billion | ₩17.6 million/m² | +6.1% |
| Gwanak-gu | 211 | +22.0% | ₩827 million | ₩10.7 million/m² | -0.7% |
| Jungnang-gu | 171 | +27.6% | ₩600 million | ₩8.8 million/m² | +0.1% |
| Seocho-gu | 154 | +185.2% | ₩2.42 billion | ₩25.3 million/m² | +31.6% |
| Dobong-gu | 149 | +0.0% | ₩500 million | ₩7.2 million/m² | +0.1% |
| Gangbuk-gu | 118 | +31.1% | ₩587 million | ₩8.6 million/m² | -6.7% |
| Jung-gu | 114 | +22.6% | ₩1.19 billion | ₩16.2 million/m² | +11.1% |
| Yongsan-gu | 83 | +124.3% | ₩1.77 billion | ₩22.0 million/m² | +3.7% |
| Geumcheon-gu | 71 | +31.5% | ₩543 million | ₩7.5 million/m² | -4.3% |
| Jongno-gu | 56 | +36.6% | ₩1.18 billion | ₩14.0 million/m² | +12.8% |
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.