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Housing & livingSouth Korea

House price growth in South Korea

Are homes there getting further out of reach right now?

South Korea's house price growth is -0.28 % #15 of 54 countries on the atlas (lower is better). Period 2026-Q1.

-0.28%

Checked 21 Sept 2026Period 2026-Q1

Source: BIS residential property prices

Real house prices in South Korea fell 0.3 % over the past year, adjusted for inflation.

House price growth in South Korea over time

12.24 %1.05 %-10.14 %12.24 % · Q3 2021-10.14 % · Q3 2023Q2 2006: 3.28 %Q3 2006: 2.30 %Q4 2006: 7.00 %Q1 2007: 9.76 %Q2 2007: 7.28 %Q3 2007: 6.78 %Q4 2007: 1.83 %Q1 2008: -1.07 %Q2 2008: -0.43 %Q3 2008: -0.47 %Q4 2008: -0.53 %Q1 2009: -2.27 %Q2 2009: -3.22 %Q3 2009: -2.78 %Q4 2009: -1.71 %Q1 2010: -0.30 %Q2 2010: 0.51 %Q3 2010: -0.66 %Q4 2010: -1.52 %Q1 2011: -0.97 %Q2 2011: 0.76 %Q3 2011: 2.00 %Q4 2011: 2.95 %Q1 2012: 2.70 %Q2 2012: 1.17 %Q3 2012: 0.25 %Q4 2012: -1.41 %Q1 2013: -1.98 %Q2 2013: -2.00 %Q3 2013: -1.95 %Q4 2013: -0.95 %Q1 2014: -0.33 %Q2 2014: -0.22 %Q3 2014: 0.39 %Q4 2014: 1.10 %Q1 2015: 1.50 %Q2 2015: 2.38 %Q3 2015: 3.25 %Q4 2015: 3.39 %Q1 2016: 3.24 %Q2 2016: 2.15 %Q3 2016: 1.31 %Q4 2016: 0.03 %Q1 2017: -0.93 %Q2 2017: -0.67 %Q3 2017: -0.75 %Q4 2017: -0.18 %Q1 2018: 0.54 %Q2 2018: 0.48 %Q3 2018: 0.56 %Q4 2018: 1.37 %Q1 2019: 2.12 %Q2 2019: 1.19 %Q3 2019: 1.08 %Q4 2019: -0.23 %Q1 2020: 0.12 %Q2 2020: 2.38 %Q3 2020: 3.77 %Q4 2020: 6.68 %Q1 2021: 8.70 %Q2 2021: 10.27 %Q3 2021: 12.24 %Q4 2021: 11.79 %Q1 2022: 8.37 %Q2 2022: 3.80 %Q3 2022: -0.54 %Q4 2022: -5.04 %Q1 2023: -8.53 %Q2 2023: -9.74 %Q3 2023: -10.14 %Q4 2023: -8.72 %Q1 2024: -5.64 %Q2 2024: -3.54 %Q3 2024: -2.33 %Q4 2024: -1.71 %Q1 2025: -2.21 %Q2 2025: -1.90 %Q3 2025: -1.57 %Q4 2025: -1.64 %Q1 2026: -0.28 %Q2 2006Q1 2016Q1 2026-0.28 %
80 official observations, Q2 2006Q1 2026. Every point is a published value — never interpolated.
Rank
#15 of 54
lower is better
Ranked behind
72 %
39 of 54 countries
Latest move
▲ 1.35 pp
since Q4 2025
Year on year
▲ 1.93 pp
over 12 months
Below its peak
12.52 pp
peak 12.24 % in Q3 2021
Full series
▼ 3.57 pp
since Q2 2006

In Asia: #5 of 12vs median 2.49 %: −2.77 pp (better)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %South Korea: ahead of 72 % of the 54 countries with a published house price growthSouth Korea -0.28 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. South Korea is ahead of 72 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs South Korea
13 France-0.79 %−0.51 pp
14 Morocco-0.52 %−0.24 pp
15 South Korea-0.28 %
16 Philippines-0.08 %+0.20 pp
17 Malaysia0.12 %+0.40 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

House price growth, all countries ranked →Compare South Korea with another country →Everything about South Korea
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