Property Prices in Seoul, South Korea

Index Info
Price to Income Ratio: 25.32
Mortgage as Percentage of Income: 201.56%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 76.32
Price to Rent Ratio - Outside of Centre: 74.14
Gross Rental Yield (City Centre): 1.31%
Gross Rental Yield (Outside of Centre): 1.35%
Rent Per Month
 Edit Range
Apartment (1 bedroom) in City Centre 1,154,749.07 ₩ 800,000.00-1,700,000.00
Apartment (1 bedroom) Outside of Centre 701,950.05 ₩ 500,000.00-1,000,000.00
Apartment (3 bedrooms) in City Centre 3,659,924.29 ₩ 2,000,000.00-8,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,112,913.44 ₩ 1,500,000.00-4,000,000.00
Buy Apartment Price
 Edit
Price per Square Feet to Buy Apartment in City Centre 2,397,909.67 ₩ 1,393,534.00-4,457,431.99
Price per Square Feet to Buy Apartment Outside of Centre 1,373,994.23 ₩ 789,669.27-1,767,074.06
Salaries And Financing
 Edit
Average Monthly Net Salary (After Tax) 4,008,415.12 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.06 3.44-6.80

These data are based on 283 entries in the past 18 months from 49 different contributors.
Last update: April 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
Property Prices in 14.63 miles
Property Prices in 16.48 miles
Property Prices in 17.54 miles
Property Prices in 17.54 miles
Property Prices in 19.09 miles
Property Prices in 19.10 miles
Property Prices in 19.16 miles
Property Prices in 19.35 miles
Property Prices in 20.07 miles
Property Prices in 20.74 miles
This page in other languages:
DeutschImmobilienpreise in Seoul
PortuguêsPreços de Imóveis em Seul
ItalianoPrezzi delle proprietà immobiliari a Seul
FrançaisPrix de l'immobilier à Séoul
EspañolPrecios de Inmuebles en Seúl
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

6 Comments so far
Liam on Jun 22, 2023:
Hi my name is Liam and I’m learning the basics of Korean first and then wishing to save up and travel to Seoul and hopefully get a house there. Would that be enough to stay in the country?
kim jae hun on Mar 14, 2022:
The average price of apartments amounted to around $1M.
The average space per apartment in South Korea was about 100 square meters. (31.8 py)
JWK on May 24, 2021:
@Kushal Modi

You're never gonna be able to afford a 4 bedroom villa with 50k USD.
In seoul, a 4 bedroom villa costs at the very least 800K USD these days.
Kushal Modi on May 01, 2021:
What is the Price Range for buying a 4 Bedroom villa in South Korea. Can I manage it in 50000 Dollars
Surekha Balaji on Oct 30, 2020:
Hello. How can I apply for job in Korea. I am a Commerce Graduate, MBA Operational Management (Post Graduation) persuining. I have a working experience of 7yrs 8months. I live in India. Citizen of India.

Also let me know how can I buy/invest in property in Korea.

Thank You,
Surekha
jiminvity on May 26, 2020:
Hey I am a girl who looking to move to Korea after she graduate high school and i really need to find a good home
About In the News Newsletter API

Copyright © 2009-2024 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy