Korea apartment market: May 2026
Contracts signed in May 2026, compared with April 2026 and May 2025. Generated automatically from official MOLIT transaction data.
South Korea
In May 2026, 49,060 apartment sales were reported in South Korea, down 0.7% from April 2026 (49,388) and up 7.7% from May 2025 (45,569).
The median sale price was ₩430 million, up 5.1% from April 2026.
The median price per m² of exclusive area was ₩5.8 million/m² (+6.8% month on month).
The median jeonse deposit was ₩300 million, unchanged from April 2026. 39,918 jeonse and 42,885 monthly-rent leases were reported.
The jeonse ratio was 71.2%, compared with 76.0% in April 2026.
Among provinces with at least 100 sales in both months, sales rose most in Seoul (+3.8%) and fell most in Jeju-do (-31.8%).
| Province | Sales | vs April 2026 | vs May 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|---|
| Seoul | 8,992 | +3.8% | +18.7% | ₩990 million | ₩13.9 million/m² | +6.7% |
| Jeonnam-Gwangju | 2,480 | -6.8% | +2.1% | ₩213 million | ₩2.8 million/m² | -0.2% |
| Busan | 2,773 | -4.0% | +3.3% | ₩356 million | ₩4.8 million/m² | +1.1% |
| Daegu | 1,962 | +0.7% | +1.8% | ₩340 million | ₩4.3 million/m² | +6.5% |
| Incheon | 2,735 | -0.6% | +5.9% | ₩395 million | ₩5.2 million/m² | +6.1% |
| Daejeon | 1,181 | -7.7% | -15.6% | ₩350 million | ₩4.6 million/m² | +4.6% |
| Ulsan | 1,152 | -2.2% | -14.0% | ₩322 million | ₩4.2 million/m² | +4.9% |
| Sejong | 387 | -2.3% | -29.6% | ₩510 million | ₩6.8 million/m² | +1.1% |
| Gyeonggi-do | 16,262 | +2.9% | +27.1% | ₩550 million | ₩7.2 million/m² | +3.0% |
| Chungcheongbuk-do | 1,605 | -4.4% | -18.4% | ₩218 million | ₩3.0 million/m² | +7.6% |
| Chungcheongnam-do | 1,931 | -7.8% | -16.3% | ₩200 million | ₩2.6 million/m² | +1.8% |
| Gyeongsangbuk-do | 1,705 | -6.3% | -6.8% | ₩185 million | ₩2.4 million/m² | +11.4% |
| Gyeongsangnam-do | 2,867 | -5.2% | +0.7% | ₩240 million | ₩3.2 million/m² | +9.1% |
| Jeju-do | 131 | -31.8% | -30.3% | ₩298 million | ₩4.3 million/m² | -4.2% |
| Gangwon State | 1,281 | -4.8% | -6.7% | ₩186 million | ₩2.9 million/m² | +8.6% |
| Jeonbuk State | 1,616 | -2.9% | -8.8% | ₩180 million | ₩2.5 million/m² | +4.0% |
Seoul
In May 2026, 8,992 apartment sales were reported in Seoul, up 3.8% from April 2026 (8,666) and up 18.7% from May 2025 (7,578).
The median sale price was ₩990 million, up 7.0% from April 2026.
The median price per m² of exclusive area was ₩13.9 million/m² (+6.7% month on month).
The median jeonse deposit was ₩600 million, up 5.3% from April 2026. 9,171 jeonse and 9,231 monthly-rent leases were reported.
The jeonse ratio was 57.9%, compared with 59.8% in April 2026.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Guro-gu (+24.4%) and fell most in Jongno-gu (-11.4%).
| District | Sales | vs April 2026 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Nowon-gu | 879 | -13.8% | ₩610 million | ₩10.6 million/m² | +1.0% |
| Guro-gu | 689 | +44.4% | ₩590 million | ₩12.3 million/m² | +24.4% |
| Songpa-gu | 606 | +0.3% | ₩2.04 billion | ₩25.1 million/m² | -10.5% |
| Gangseo-gu | 568 | -5.8% | ₩882 million | ₩13.0 million/m² | +0.1% |
| Gangdong-gu | 501 | +17.3% | ₩1.49 billion | ₩19.4 million/m² | -2.5% |
| Seongbuk-gu | 485 | -2.0% | ₩960 million | ₩12.4 million/m² | +3.5% |
| Gangnam-gu | 449 | +10.9% | ₩2.70 billion | ₩36.5 million/m² | +1.3% |
| Seocho-gu | 395 | +29.5% | ₩2.73 billion | ₩30.9 million/m² | +9.1% |
| Eunpyeong-gu | 376 | +11.2% | ₩908 million | ₩11.5 million/m² | +4.8% |
| Gwanak-gu | 370 | +27.6% | ₩800 million | ₩12.0 million/m² | +7.6% |
| Dongdaemun-gu | 347 | -6.7% | ₩990 million | ₩13.2 million/m² | +3.6% |
| Dongjak-gu | 345 | +11.3% | ₩1.45 billion | ₩18.8 million/m² | +7.0% |
| Dobong-gu | 336 | -14.1% | ₩540 million | ₩8.4 million/m² | +1.2% |
| Jungnang-gu | 312 | -18.5% | ₩685 million | ₩9.3 million/m² | -0.4% |
| Yeongdeungpo-gu | 312 | -20.8% | ₩1.22 billion | ₩17.0 million/m² | +3.6% |
| Seodaemun-gu | 304 | -3.5% | ₩1.01 billion | ₩13.4 million/m² | +10.0% |
| Yangcheon-gu | 294 | +7.7% | ₩1.08 billion | ₩14.1 million/m² | +6.4% |
| Mapo-gu | 271 | +21.5% | ₩1.50 billion | ₩19.3 million/m² | -4.0% |
| Seongdong-gu | 224 | +2.8% | ₩1.81 billion | ₩24.0 million/m² | +2.5% |
| Gwangjin-gu | 199 | +64.5% | ₩1.49 billion | ₩18.2 million/m² | -5.3% |
| Gangbuk-gu | 194 | -4.0% | ₩702 million | ₩9.3 million/m² | +1.1% |
| Geumcheon-gu | 165 | +7.8% | ₩615 million | ₩8.5 million/m² | -1.4% |
| Yongsan-gu | 164 | +17.1% | ₩2.06 billion | ₩24.5 million/m² | -0.2% |
| Jung-gu | 122 | +1.7% | ₩1.49 billion | ₩18.0 million/m² | +10.4% |
| Jongno-gu | 85 | -2.3% | ₩858 million | ₩11.0 million/m² | -11.4% |
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.