The housing affordability index measures the share of income necessary for median-income families to repay a standard mortgage on a median-priced home.
An index of 90.1 indicates approximately 25 percent of household income going toward the repayment of principal and interest of a mortgage loan for a home purchase. The lower the index value, the more affordable a home is for a median-income household.Â
The source did not provide a date of publication.Â
The release date used here is the access date.
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Housing affordability index South Korea Q1 2024, by province
As of the first quarter of 2024, Seoul's housing affordability index was the highest among all cities and provinces in South Korea at ***. It was followed by Sejong and Gyeonggi at around 100 and **, respectively.
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Korea Housing Finance Corp. (July 4, 2024). Housing affordability index in South Korea in the 1st quarter 2024, by province [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/1211967/south-korea-housing-affordability-index-by-province/
Korea Housing Finance Corp. "Housing affordability index in South Korea in the 1st quarter 2024, by province." Chart. July 4, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/1211967/south-korea-housing-affordability-index-by-province/
Korea Housing Finance Corp. (2024). Housing affordability index in South Korea in the 1st quarter 2024, by province. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/1211967/south-korea-housing-affordability-index-by-province/
Korea Housing Finance Corp. "Housing Affordability Index in South Korea in The 1st Quarter 2024, by Province." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 4 Jul 2024, /statistics/1211967/south-korea-housing-affordability-index-by-province/
Korea Housing Finance Corp, Housing affordability index in South Korea in the 1st quarter 2024, by province ÌÇÐÄÆƽâ°æ, /statistics/1211967/south-korea-housing-affordability-index-by-province/ (last visited July 29, 2026)
Housing affordability index in South Korea in the 1st quarter 2024, by province [Graph], Korea Housing Finance Corp, July 4, 2024. [Online]. Available: /statistics/1211967/south-korea-housing-affordability-index-by-province/
