Korea apartment market: March 2026
Contracts signed in March 2026, compared with February 2026 and March 2025. Generated automatically from official MOLIT transaction data.
South Korea
In March 2026, 49,071 apartment sales were reported in South Korea, up 19.9% from February 2026 (40,925) and down 2.9% from March 2025 (50,530).
The median sale price was ₩360 million, down 8.9% from February 2026.
The median price per m² of exclusive area was ₩4.8 million/m² (-7.8% month on month).
The median jeonse deposit was ₩290 million, down 3.3% from February 2026. 48,407 jeonse and 48,142 monthly-rent leases were reported.
The jeonse ratio was 85.6%, compared with 78.7% in February 2026.
Among provinces with at least 100 sales in both months, sales rose most in Jeonbuk State (+44.1%) and fell most in Seoul (-4.9%).
| Province | Sales | vs February 2026 | vs March 2025 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|---|
| Seoul | 5,515 | -4.9% | -43.7% | ₩845 million | ₩11.8 million/m² | -3.4% |
| Jeonnam-Gwangju | 3,035 | +29.8% | +2.0% | ₩216 million | ₩2.8 million/m² | +1.9% |
| Busan | 3,261 | +24.1% | +23.1% | ₩342 million | ₩4.7 million/m² | -5.2% |
| Daegu | 2,497 | +15.8% | +19.5% | ₩330 million | ₩4.1 million/m² | -6.4% |
| Incheon | 2,966 | +35.7% | +2.1% | ₩377 million | ₩5.0 million/m² | -2.5% |
| Daejeon | 1,683 | +22.1% | +27.0% | ₩340 million | ₩4.4 million/m² | +0.1% |
| Ulsan | 1,365 | +11.1% | -6.2% | ₩305 million | ₩3.9 million/m² | -10.0% |
| Sejong | 420 | +1.7% | -44.1% | ₩490 million | ₩6.8 million/m² | -3.6% |
| Gyeonggi-do | 14,858 | +22.1% | +9.4% | ₩495 million | ₩6.6 million/m² | -6.3% |
| Chungcheongbuk-do | 1,820 | +11.4% | -6.6% | ₩198 million | ₩2.8 million/m² | +0.5% |
| Chungcheongnam-do | 2,226 | +21.4% | -4.2% | ₩190 million | ₩2.5 million/m² | -2.4% |
| Gyeongsangbuk-do | 2,214 | +36.2% | +8.1% | ₩166 million | ₩2.2 million/m² | -3.5% |
| Gyeongsangnam-do | 3,410 | +26.9% | +10.8% | ₩215 million | ₩2.8 million/m² | -8.1% |
| Jeju-do | 212 | +4.4% | +1.9% | ₩295 million | ₩4.0 million/m² | -16.1% |
| Gangwon State | 1,565 | +25.8% | +4.0% | ₩189 million | ₩2.6 million/m² | +2.1% |
| Jeonbuk State | 2,024 | +44.1% | +6.8% | ₩180 million | ₩2.5 million/m² | -2.7% |
Seoul
In March 2026, 5,515 apartment sales were reported in Seoul, down 4.9% from February 2026 (5,797) and down 43.7% from March 2025 (9,792).
The median sale price was ₩845 million, down 6.1% from February 2026.
The median price per m² of exclusive area was ₩11.8 million/m² (-3.4% month on month).
The median jeonse deposit was ₩550 million, unchanged from February 2026. 10,928 jeonse and 11,336 monthly-rent leases were reported.
The jeonse ratio was 63.6%, compared with 61.3% in February 2026.
Among Seoul districts with at least 20 sales in both months, the median price per m² rose most in Dongjak-gu (+13.5%) and fell most in Seocho-gu (-20.2%).
| District | Sales | vs February 2026 | Median price | Median per m² | Per m², month on month |
|---|---|---|---|---|---|
| Nowon-gu | 739 | -8.4% | ₩600 million | ₩10.1 million/m² | -3.8% |
| Guro-gu | 370 | +0.5% | ₩690 million | ₩9.7 million/m² | +0.9% |
| Gangseo-gu | 356 | -9.9% | ₩870 million | ₩13.3 million/m² | +8.0% |
| Seongbuk-gu | 341 | -15.2% | ₩880 million | ₩11.3 million/m² | -2.4% |
| Eunpyeong-gu | 313 | -5.7% | ₩800 million | ₩10.8 million/m² | -3.5% |
| Songpa-gu | 274 | -3.2% | ₩1.56 billion | ₩23.0 million/m² | +5.7% |
| Yeongdeungpo-gu | 261 | -16.6% | ₩1.09 billion | ₩16.1 million/m² | -2.7% |
| Dobong-gu | 245 | +23.7% | ₩535 million | ₩8.3 million/m² | +0.7% |
| Dongdaemun-gu | 235 | +1.3% | ₩935 million | ₩13.2 million/m² | +6.5% |
| Seodaemun-gu | 235 | +6.8% | ₩965 million | ₩12.6 million/m² | +0.8% |
| Gangdong-gu | 229 | -21.6% | ₩1.10 billion | ₩17.0 million/m² | -1.3% |
| Jungnang-gu | 226 | +13.0% | ₩650 million | ₩9.2 million/m² | -2.1% |
| Gwanak-gu | 215 | -1.4% | ₩830 million | ₩10.5 million/m² | -6.0% |
| Yangcheon-gu | 200 | -19.4% | ₩890 million | ₩12.4 million/m² | -4.3% |
| Dongjak-gu | 172 | -8.0% | ₩1.44 billion | ₩19.0 million/m² | +13.5% |
| Gangnam-gu | 171 | +8.2% | ₩2.15 billion | ₩31.3 million/m² | +3.5% |
| Mapo-gu | 149 | +0.0% | ₩1.25 billion | ₩15.7 million/m² | -5.8% |
| Gangbuk-gu | 140 | -11.9% | ₩715 million | ₩8.9 million/m² | -2.9% |
| Seocho-gu | 136 | -2.9% | ₩1.75 billion | ₩21.5 million/m² | -20.2% |
| Geumcheon-gu | 115 | +18.6% | ₩540 million | ₩8.5 million/m² | -6.3% |
| Seongdong-gu | 108 | -7.7% | ₩1.67 billion | ₩21.9 million/m² | +0.7% |
| Jung-gu | 94 | +51.6% | ₩1.20 billion | ₩15.9 million/m² | -2.8% |
| Yongsan-gu | 76 | -17.4% | ₩2.21 billion | ₩25.0 million/m² | +5.3% |
| Gwangjin-gu | 61 | -20.8% | ₩1.28 billion | ₩20.5 million/m² | +11.6% |
| Jongno-gu | 54 | +5.9% | ₩940 million | ₩12.8 million/m² | -2.1% |
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.