Busan property prices for home buyers

Buying or moving in Busan? See what each district (gu) costs per square metre, whether prices are rising or falling, and where your budget goes furthest, from official records of homes sold. Free, no sign-up.

Busan at a glance

Median price per m²
₩4,865,701
Sep 2026
12-month change
-3.2%
median price per m²
Like-for-like change
+3.2%
constant-quality Index, 12 months
Cheapest district (gu)
Yeongdo-gu (영도구)
₩2,687,467/m²
Dearest district (gu)
Suyeong-gu (수영구)
₩8,670,860/m²

In the three months to September 2026, homes in Busan sold for a median ₩4,865,701 per square metre, -3.2% on a year earlier, across 16 districts.

What drives prices in Busan now

Our model prices each characteristic of a home separately, comparing homes that are otherwise identical. In Busan, these have moved most in the past year, measured against how much each one usually moves. See every factor on the Factors page.

Complex Premium

Change in this Premium since Oct 2021, in percentage points (starts at 0).

Location Premium

Change in this Premium since Oct 2021, in percentage points (starts at 0).

What a square metre costs in every district (gu)

Median price per m², September 2026

Rolling 3-month median price per m² of homes sold in all 16 districts, dearest at the top. Tap or click a bar to open that area.

Price against growth

Price per m² against 5-year change, every district (gu)

Each dot is one district (gu): further right costs more per m², higher up has risen more over five years. Hover or tap a dot for its name and figures.

Like-for-like prices against what buyers paid

Busan: change since Mar 2016

Constant-quality Index (the same kind of home over time) and Average Price Paid per m² (whatever sold), both starting at 0%. When the lines part, the mix of homes sold has changed.

Go further

Questions

What is the average property price per square metre in Busan?

The median was ₩4,865,701 per m² in the three months to September 2026, -3.2% on a year earlier.

What is the cheapest district (gu) in Busan?

Yeongdo-gu (영도구), at a median ₩2,687,467 per m² in the three months to September 2026.

Where do the prices come from?

From MOLIT apartment real-transaction prices: prices actually paid, not asking prices. Updated monthly.