Housing Index in South Korea remained unchanged at 93 points in September. This dataset provides - South Korea House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Korea Median Housing Price: Apartments: 6 Large Cities: Busan data was reported at 26,759.791 KRW tt in Nov 2018. This records a decrease from the previous number of 26,982.284 KRW tt for Oct 2018. Korea Median Housing Price: Apartments: 6 Large Cities: Busan data is updated monthly, averaging 23,800.613 KRW tt from Apr 2013 (Median) to Nov 2018, with 68 observations. The data reached an all-time high of 28,056.103 KRW tt in Sep 2017 and a record low of 19,604.641 KRW tt in Aug 2013. Korea Median Housing Price: Apartments: 6 Large Cities: Busan data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

House price index in South Korea, June, 2025 The most recent value is 142.39 index points as of Q2 2025, an increase compared to the previous value of 142.34 index points. Historically, the average for South Korea from Q1 1990 to Q2 2025 is 94.5 index points. The minimum of 57.48 index points was recorded in Q4 1998, while the maximum of 154.12 index points was reached in Q2 2022. | TheGlobalEconomy.com

Graph and download economic data for Real Residential Property Prices for Republic of Korea (QKRR628BIS) from Q1 1975 to Q2 2025 about Korea, residential, HPI, housing, real, price index, indexes, and price.

Korea Median Housing Price: Total: 6 Large Cities: Incheon data was reported at 21,320.232 KRW tt in Sep 2018. This records an increase from the previous number of 21,262.911 KRW tt for Aug 2018. Korea Median Housing Price: Total: 6 Large Cities: Incheon data is updated monthly, averaging 19,100.706 KRW tt from Apr 2013 (Median) to Sep 2018, with 66 observations. The data reached an all-time high of 21,331.862 KRW tt in Jan 2018 and a record low of 17,046.938 KRW tt in Sep 2013. Korea Median Housing Price: Total: 6 Large Cities: Incheon data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Korea Median Housing Price: Apartments: Jeonnam data was reported at 13,696.477 KRW tt in Jun 2018. This records an increase from the previous number of 13,669.484 KRW tt for May 2018. Korea Median Housing Price: Apartments: Jeonnam data is updated monthly, averaging 10,563.491 KRW tt from Apr 2013 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 13,696.477 KRW tt in Jun 2018 and a record low of 9,831.533 KRW tt in Jun 2015. Korea Median Housing Price: Apartments: Jeonnam data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Total data was reported at 31,356.406 KRW tt in Jun 2018. This records an increase from the previous number of 31,330.934 KRW tt for May 2018. Korea Median Housing Price: Total data is updated monthly, averaging 24,010.458 KRW tt from Dec 2008 (Median) to Jun 2018, with 115 observations. The data reached an all-time high of 31,356.406 KRW tt in Jun 2018 and a record low of 21,523.004 KRW tt in Mar 2009. Korea Median Housing Price: Total data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments: 6 Large Cities: Daegu data was reported at 25,378.020 KRW tt in Nov 2018. This records an increase from the previous number of 25,243.606 KRW tt for Oct 2018. Korea Median Housing Price: Apartments: 6 Large Cities: Daegu data is updated monthly, averaging 24,505.992 KRW tt from Apr 2013 (Median) to Nov 2018, with 68 observations. The data reached an all-time high of 25,973.868 KRW tt in Jan 2016 and a record low of 16,436.514 KRW tt in Apr 2013. Korea Median Housing Price: Apartments: 6 Large Cities: Daegu data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Total: Gangwon data was reported at 16,066.208 KRW tt in Jun 2018. This stayed constant from the previous number of 16,066.208 KRW tt for May 2018. Korea Median Housing Price: Total: Gangwon data is updated monthly, averaging 13,504.449 KRW tt from Apr 2013 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 16,139.571 KRW tt in Mar 2018 and a record low of 12,217.855 KRW tt in Apr 2013. Korea Median Housing Price: Total: Gangwon data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments data was reported at 35,565.903 KRW tt in Nov 2018. This records an increase from the previous number of 35,501.883 KRW tt for Oct 2018. Korea Median Housing Price: Apartments data is updated monthly, averaging 25,009.771 KRW tt from Dec 2008 (Median) to Nov 2018, with 120 observations. The data reached an all-time high of 35,565.903 KRW tt in Nov 2018 and a record low of 22,312.315 KRW tt in Mar 2009. Korea Median Housing Price: Apartments data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments: 6 Large Cities: Gwangju data was reported at 18,270.274 KRW tt in Nov 2018. This records an increase from the previous number of 18,174.950 KRW tt for Oct 2018. Korea Median Housing Price: Apartments: 6 Large Cities: Gwangju data is updated monthly, averaging 16,028.350 KRW tt from Apr 2013 (Median) to Nov 2018, with 68 observations. The data reached an all-time high of 18,270.274 KRW tt in Nov 2018 and a record low of 12,602.957 KRW tt in May 2013. Korea Median Housing Price: Apartments: 6 Large Cities: Gwangju data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments: Seoul Metropolitan Area data was reported at 46,353.002 KRW tt in Jun 2018. This records an increase from the previous number of 46,248.752 KRW tt for May 2018. Korea Median Housing Price: Apartments: Seoul Metropolitan Area data is updated monthly, averaging 34,501.214 KRW tt from Dec 2008 (Median) to Jun 2018, with 115 observations. The data reached an all-time high of 46,353.002 KRW tt in Jun 2018 and a record low of 32,223.738 KRW tt in Sep 2013. Korea Median Housing Price: Apartments: Seoul Metropolitan Area data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments: Seoul data was reported at 75,385.127 KRW tt in Jun 2018. This records an increase from the previous number of 75,144.113 KRW tt for May 2018. Korea Median Housing Price: Apartments: Seoul data is updated monthly, averaging 50,069.349 KRW tt from Dec 2008 (Median) to Jun 2018, with 115 observations. The data reached an all-time high of 75,385.127 KRW tt in Jun 2018 and a record low of 46,442.776 KRW tt in Mar 2013. Korea Median Housing Price: Apartments: Seoul data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Total: Non Metropolitan Area data was reported at 15,499.712 KRW tt in Jun 2018. This records a decrease from the previous number of 15,582.526 KRW tt for May 2018. Korea Median Housing Price: Total: Non Metropolitan Area data is updated monthly, averaging 13,401.166 KRW tt from Dec 2008 (Median) to Jun 2018, with 115 observations. The data reached an all-time high of 16,002.117 KRW tt in Mar 2017 and a record low of 9,256.723 KRW tt in Mar 2009. Korea Median Housing Price: Total: Non Metropolitan Area data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price (MHP) data was reported at 260,446.917 KRW th in Jun 2018. This records an increase from the previous number of 260,241.235 KRW th for May 2018. Korea Median Housing Price (MHP) data is updated monthly, averaging 219,188.174 KRW th from Jan 2012 (Median) to Jun 2018, with 78 observations. The data reached an all-time high of 260,446.917 KRW th in Jun 2018 and a record low of 210,035.963 KRW th in Mar 2013. Korea Median Housing Price (MHP) data remains active status in CEIC and is reported by Korea Appraisal Board. The data is categorized under Global Database’s Korea – Table KR.EB034: Median Housing Price: Korea Appraisal Board.

Korea Median Housing Price: Apartments: Chungnam data was reported at 14,082.182 KRW tt in Nov 2018. This records an increase from the previous number of 13,985.789 KRW tt for Oct 2018. Korea Median Housing Price: Apartments: Chungnam data is updated monthly, averaging 14,797.490 KRW tt from Apr 2013 (Median) to Nov 2018, with 68 observations. The data reached an all-time high of 16,228.154 KRW tt in Jan 2016 and a record low of 13,508.668 KRW tt in Apr 2013. Korea Median Housing Price: Apartments: Chungnam data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

South Korea Price to Income Ratio: sa data was reported at 83.566 2015=100 in 2024. This records a decrease from the previous number of 84.915 2015=100 for 2023. South Korea Price to Income Ratio: sa data is updated yearly, averaging 118.198 2015=100 from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 409.198 2015=100 in 1986 and a record low of 83.566 2015=100 in 2024. South Korea Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

Korea Median Housing Price: Apartments: Gyeongbuk data was reported at 14,041.910 KRW tt in Jun 2018. This records a decrease from the previous number of 14,096.142 KRW tt for May 2018. Korea Median Housing Price: Apartments: Gyeongbuk data is updated monthly, averaging 14,747.303 KRW tt from Apr 2013 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 16,351.171 KRW tt in Jan 2016 and a record low of 12,297.160 KRW tt in May 2013. Korea Median Housing Price: Apartments: Gyeongbuk data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.

Korea Median Housing Price: Apartments: Gyeongnam data was reported at 17,679.495 KRW tt in Jun 2018. This records a decrease from the previous number of 18,004.214 KRW tt for May 2018. Korea Median Housing Price: Apartments: Gyeongnam data is updated monthly, averaging 18,777.479 KRW tt from Apr 2013 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 20,144.564 KRW tt in Jan 2016 and a record low of 17,501.541 KRW tt in Jun 2013. Korea Median Housing Price: Apartments: Gyeongnam data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB033: Median Housing Price: Kookmin Bank.