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Mean jeonse price of housing in Seoul, South Korea, in December 2024, by housing type (in million South Korean won)

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Source

Release date

February 2025

Region

South Korea

Survey time period

December 2024

Supplementary notes

1,000 South Korean won equals 0.68 U.S. dollars or 0.67 euros as of February 2025.

The source did not provide a date of publication. The release date used here is the access date. 

Figures have been rounded.

Citation formats

Mean jeonse price of housing Seoul South Korea 2024, by housing type

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 14, 2025

As of December 2024, the mean jeonse price of housing in Seoul, South Korea, amounted to around *** million South Korean won. Jeonse is a unique housing leasing system in South Korea. A large sum is paid to the landlord for the rental period, which is usually two years. The deposit is returned to the tenants at the end of the two-year contract.

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