Asia · KRW · OECD
Korea Housing Market Data
House prices in Korea rose 1.8% in the year to Q1 2026, based on BIS data. After inflation, prices lost 0.3% over the same period. Rents changed +1.0% year on year. Over five years the nominal index is +6.4%.
Prices, year on year
+1.8%
Nominal, to Q1 2026
Prices after inflation
-0.3%
Real terms, year on year
Five-year change
+6.4%
Nominal index
Rents, year on year
+1.0%
Rent price index
Quarter on quarter
+0.8%
Most recent quarter
Ten-year change
+25.3%
Nominal index
Price-to-income
74.9
OECD index, 2015 = 100
Price-to-rent
102.4
OECD index, 2015 = 100
House price index since 2000
Indices rebased so the 2015 average equals 100. Source: BIS.
Recent quarters in Korea
| Quarter | Nominal index | Real index | Rent index |
|---|---|---|---|
| Q2 2026 | — | — | 110.2 |
| Q1 2026 | 128.1 | 102.6 | 109.9 |
| Q4 2025 | 127.0 | 102.7 | 109.6 |
| Q3 2025 | 126.3 | 102.7 | 109.4 |
| Q2 2025 | 125.9 | 102.7 | 109.1 |
| Q1 2025 | 125.8 | 102.9 | 108.9 |
| Q4 2024 | 126.2 | 104.4 | 108.7 |
| Q3 2024 | 125.9 | 104.3 | 108.5 |
| Q2 2024 | 125.8 | 104.7 | 108.3 |
| Q1 2024 | 126.0 | 105.2 | 108.2 |
| Q4 2023 | 126.4 | 106.2 | 108.1 |
| Q3 2023 | 126.3 | 106.8 | 108.1 |
Korea housing market questions
- Are house prices rising or falling in Korea?
- Nominal house prices in Korea changed +1.8% in the year to Q1 2026. In real terms, after consumer price inflation, the change was -0.3%.
- How much have house prices risen in Korea over five years?
- The nominal house price index for Korea is +6.4% compared with five years earlier, and +25.3% compared with ten years earlier.
- Where does this Korea housing data come from?
- Figures come from BIS Selected Residential Property Prices, OECD Analytical House Price Indicators. Every index is rebased so 2015 = 100, which makes countries and sources directly comparable.
Sources and licensing
- Sources: National sources, BIS Residential Property Price database, https://www.bis.org/statistics/pp.htm Source page
- Source: OECD Analytical House Price Indicators Source page
Read how we normalise and compare these series in our methodology, or browse all countries.
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