Buying real estate in Daegu?

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What are housing prices like in Daegu right now? (2026)

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Authored by the expert who managed and guided the team behind the South Korea Property Pack

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Everything you need to know before buying real estate is included in our South Korea Property Pack

If you're wondering how much it costs to buy a home in Daegu in 2026, you're in the right place.

We break down current housing prices in Daegu with real numbers, updated regularly to reflect the latest market conditions.

This blog post covers everything from median prices to neighborhood comparisons, so you can make informed decisions.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Daegu.

Insights

  • The median home price in Daegu sits around ₩330 million ($228,000) in 2026, which is roughly 40% lower than Seoul's median, making Daegu one of Korea's more affordable major cities for buyers.
  • Suseong-gu commands a premium of up to 100% over other Daegu districts because of its elite school zones, with prices reaching ₩9 million per square meter in top pockets.
  • Daegu property prices dropped about 2% nominally over the past year, but when you factor in inflation, the real decline is closer to 4%.
  • New construction in Daegu costs roughly 20% more than existing homes, driven by modern amenities like better insulation, parking, and elevator access.
  • List prices in Daegu typically run about 6% higher than actual closing prices, giving buyers consistent room to negotiate.
  • Apartments dominate about 75% of Daegu's housing market, with villas and detached houses making up most of the remaining inventory.
  • Entry-level homes in Daegu start around ₩120 million ($83,000), typically older villas or small apartments in neighborhoods like Pyeongni-dong or Daemyeong-dong.
  • Buying costs in Daegu, including taxes and fees, add between 3% and 6% on top of the purchase price, with renovation potentially adding another 2% to 12%.
  • The price gap between Daegu's cheapest neighborhoods (around ₩2.7 million per sqm) and premium Suseong areas (up to ₩9 million per sqm) reflects a 3x difference in value.
  • Over the past 10 years, Daegu housing prices have risen about 35% nominally, but only about 12% when adjusted for inflation.

What is the average housing price in Daegu in 2026?

The median housing price is more useful than the average because it represents what a typical buyer actually pays, without being skewed upward by a few expensive luxury properties.

We are writing this as of the first half of 2026, using the latest data collected from authoritative Korean sources that we manually verified.

The median housing price in Daegu in 2026 is approximately ₩330 million ($228,000 or €191,000), while the average housing price sits higher at around ₩380 million ($262,000 or €220,000). The average is pulled up by larger, newer, and luxury units concentrated in premium neighborhoods like Suseong-gu.

About 80% of residential properties in Daegu in 2026 fall within a price range of ₩200 million to ₩650 million ($138,000 to $448,000 or €116,000 to €376,000).

A realistic entry-level price range in Daegu is ₩120 million to ₩170 million ($83,000 to $117,000 or €69,000 to €98,000), which can get you an older small apartment or villa around 35 to 50 square meters in neighborhoods like Pyeongni-dong or parts of Daemyeong-dong.

Typical luxury properties in Daegu in 2026 range from ₩1 billion to ₩2 billion ($690,000 to $1.38 million or €578,000 to €1.16 million), which includes newer large apartments of 110 to 160 square meters in premium areas like Beomeo-dong or Manchon-dong in Suseong-gu with top school access.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Daegu.

Sources and methodology: we anchored our price estimates using official housing trend data from Korea Real Estate Board (KREB) and KOSIS. We then built a realistic Daegu price distribution reflecting the city's known premium vs non-premium structure. Currency conversions use late December 2025 rates from Bank of Korea (ECOS) at ₩1,450 per USD.

Are Daegu property listing prices close to the actual sale price in 2026?

In Daegu in 2026, listing prices typically run about 6% higher than actual closed sale prices.

This gap exists because buyers in Daegu routinely compare many similar apartments within the same complex or school zone and expect to negotiate a discount. The difference tends to be larger when the market is soft and sellers are anchoring to last year's peak expectations, then meeting buyers somewhere in the middle.

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What is the price per sq m or per sq ft for properties in Daegu in 2026?

As of early 2026, the median housing price in Daegu is approximately ₩4.2 million per square meter ($2,900/sqm or €2,430/sqm), which works out to about ₩390,000 per square foot ($269/sqft or €226/sqft). The average price per square meter is higher at around ₩4.8 million ($3,310/sqm or €2,775/sqm) or ₩446,000 per square foot ($308/sqft or €258/sqft).

Properties with the highest price per square meter in Daegu in 2026 are newer, larger apartments in top school zones like Suseong-gu and units near major transit stations, while older stock needing upgrades and properties in areas with weaker school access have the lowest price per square meter.

The highest price per square meter in Daegu is found in premium Suseong-gu pockets like Beomeo-dong, ranging from ₩6.5 million to ₩9 million per sqm. The lowest ranges are in neighborhoods like Pyeongni-dong or Hwawon-eup, where prices sit between ₩2.7 million and ₩3.6 million per sqm.

Sources and methodology: we derived per-sqm estimates by analyzing typical unit sizes against total prices using KREB trend data and KOSIS regional indicators. We cross-referenced with known neighborhood price structures in Daegu. Conversions use Bank of Korea rates.

How have property prices evolved in Daegu?

Compared to one year ago in January 2025, Daegu housing prices have dropped about 2% in nominal terms, or roughly 4% when adjusted for inflation. This decline reflects affordability pressure from higher interest rates and a perception of supply overhang that has made buyers more cautious and sellers more willing to negotiate.

Looking back 10 years to January 2016, Daegu housing prices have risen about 35% nominally, or roughly 12% in inflation-adjusted terms. Most of this growth came from the 2020-2021 nationwide boom, followed by a cooling period, with premium school-zone neighborhoods in Suseong-gu gaining more than the citywide average.

By the way, we've written a blog article detailing the latest updates on property price variations in Daegu.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Daegu.

Sources and methodology: we anchored price direction and magnitude using official regional housing indexes from KOSIS and KREB. Inflation adjustments are based on CPI data from the Ministry of Data and Statistics. We translated index movements into practical percentage changes.
infographics rental yields citiesDaegu

We did some research and made this infographic to help you quickly compare rental yields of the major cities in South Korea versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

How do prices vary by housing type in Daegu in 2026?

In Daegu in 2026, apartments make up about 75% of the residential market, followed by villas and low-rise multi-family units at 15%, detached houses at 8%, and townhouses at 2%, reflecting Korea's strong cultural and practical preference for apartment living.

The average price for apartments in Daegu is around ₩390 million ($269,000 or €225,000), while villas and low-rise units average about ₩220 million ($152,000 or €127,000). Detached houses average approximately ₩420 million ($290,000 or €243,000) with wide variance depending on land value and condition, and townhouses or premium low-rise properties average around ₩650 million ($448,000 or €376,000).

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we estimated market share by housing type using transaction volume patterns from KREB statistics. Average prices were calculated by weighting typical transaction prices across Daegu's neighborhoods. We validated these against known price bands for each property type.

How do property prices compare between existing and new homes in Daegu in 2026?

New construction in Daegu in 2026 typically costs about 20% more than comparable existing homes, with premiums ranging from 15% to 25% depending on location and building quality.

This premium exists because newer buildings offer modern amenities that buyers value highly, including better parking facilities, improved insulation and energy efficiency, reliable elevators, and updated electrical systems and layouts.

Sources and methodology: we estimated the new-build premium by comparing transaction prices for newer versus older units in similar Daegu locations using KREB data. We cross-checked against known pricing patterns in major apartment complexes. The 20% figure represents a market-wide average.

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How do property prices vary by neighborhood in Daegu in 2026?

In Beomeo-dong and Manchon-dong in Suseong-gu, you'll find premium apartments popular with families seeking top school access, with typical prices ranging from ₩750 million to ₩1.8 billion ($517,000 to $1.24 million or €434,000 to €1.04 million). These neighborhoods command Daegu's highest prices because they combine the best educational opportunities with newer, high-quality apartment complexes.

Jung-gu around the Dongseongno area offers compact apartments in Daegu's walkable city center, with prices typically ranging from ₩300 million to ₩600 million ($207,000 to $414,000 or €173,000 to €347,000). This area attracts buyers who prioritize urban convenience, nightlife, and retail access over maximum living space.

Sinseo-dong and the Innovation City side in Dong-gu feature newer apartment stock near business parks, with prices ranging from ₩380 million to ₩700 million ($262,000 to $483,000 or €220,000 to €405,000). This area appeals to professionals looking for modern units with easier commutes to tech and business employers.

You will find a much more detailed analysis by areas in our property pack about Daegu. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Neighborhood Character Avg Price Range Avg per sqm Avg per sqft
Beomeo-dong (Suseong) Premium / Luxury ₩900M-₩1.8B ($621K-$1.24M) ₩7.0M-₩9.0M ($4,830-$6,210) ₩650K-₩836K ($448-$577)
Manchon-dong (Suseong) Premium Schools ₩750M-₩1.4B ($517K-$966K) ₩6.0M-₩8.0M ($4,140-$5,520) ₩557K-₩743K ($384-$512)
Hwanggeum-dong (Suseong) Family / Parks ₩650M-₩1.2B ($448K-$828K) ₩5.5M-₩7.0M ($3,790-$4,830) ₩511K-₩650K ($352-$448)
Sincheon-dong (Dong-gu) Commute / Newer ₩350M-₩650M ($241K-$448K) ₩4.0M-₩5.5M ($2,760-$3,790) ₩372K-₩511K ($257-$352)
Dongseongno (Jung-gu) Popular / Walkable ₩300M-₩600M ($207K-$414K) ₩4.0M-₩5.0M ($2,760-$3,450) ₩372K-₩465K ($257-$321)
Sangin-dong (Dalseo) Family / Value ₩280M-₩520M ($193K-$359K) ₩3.6M-₩4.8M ($2,480-$3,310) ₩334K-₩446K ($230-$308)
Wolseong-dong (Dalseo) Family / Newer ₩320M-₩580M ($221K-$400K) ₩3.8M-₩5.0M ($2,620-$3,450) ₩353K-₩465K ($244-$321)
Chilseong-dong (Buk-gu) Commute / Mid-range ₩250M-₩480M ($172K-$331K) ₩3.2M-₩4.5M ($2,210-$3,100) ₩297K-₩418K ($205-$288)
Daemyeong-dong (Nam-gu) Entry / Student Area ₩220M-₩420M ($152K-$290K) ₩3.0M-₩4.0M ($2,070-$2,760) ₩279K-₩372K ($192-$257)
Pyeongni-dong (Seo-gu) Entry / Value ₩180M-₩350M ($124K-$241K) ₩2.7M-₩3.6M ($1,860-$2,480) ₩251K-₩334K ($173-$230)
Igok-dong (Dalseo) Commute / Practical ₩230M-₩420M ($159K-$290K) ₩3.0M-₩4.1M ($2,070-$2,830) ₩279K-₩381K ($192-$263)
Hwawon-eup (Dalseong) Space / Value ₩200M-₩380M ($138K-$262K) ₩2.8M-₩3.8M ($1,930-$2,620) ₩260K-₩353K ($179-$244)
Sources and methodology: we compiled neighborhood price ranges using transaction data patterns from KREB and KOSIS. We validated ranges against known Daegu market structure, particularly the Suseong premium. Labels reflect each area's primary buyer profile.

How much more do you pay for properties in Daegu when you include renovation work, taxes, and fees?

When you factor in all buying costs in Daegu in 2026, expect to pay an additional 5% to 15% on top of the purchase price, covering taxes, fees, and any renovation work you might need.

If you buy a property around $200,000 (approximately ₩290 million) in Daegu, you can expect to add roughly $14,000 to $16,000 (₩20 million to ₩23 million) for taxes, fees, and a basic refresh. This brings your total all-in cost to approximately $214,000 to $216,000 (₩310 million to ₩313 million).

For a property around $500,000 (approximately ₩725 million), additional costs typically run about $32,000 to $38,000 (₩46 million to ₩55 million) for standard buying expenses and moderate updates. Your total investment would land around $532,000 to $538,000 (₩771 million to ₩780 million).

If you're buying at the $1,000,000 level (approximately ₩1.45 billion), expect to add roughly $60,000 to $75,000 (₩87 million to ₩109 million) in total additional costs. This puts your all-in budget at approximately $1.06 million to $1.075 million (₩1.54 billion to ₩1.56 billion).

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Daegu

Expense Category Estimated Cost Range and Explanation
Acquisition Tax Taxes Approximately 1% to 4% of the purchase price (₩2.9M-₩11.6M per ₩290M or $2,000-$8,000 per $200K). The rate depends on property value and whether you own other homes. First-time buyers of lower-priced homes pay closer to 1%, while multiple property owners or buyers of higher-value homes pay up to 4%.
Local Surtaxes Taxes Included in the acquisition tax range above, these local education and rural development taxes add about 0.1% to 0.4% on top of the base rate. These are calculated automatically when you pay acquisition tax at the district office.
Real Estate Agent Fee Fees About 0.3% to 0.9% of the purchase price (₩870K-₩2.6M per ₩290M or $600-$1,800 per $200K). Korea has regulated brokerage fee caps based on transaction value. Higher-priced properties have lower percentage caps, so a ₩1 billion purchase might cost 0.4% while a ₩200 million purchase might cost 0.5%.
Registration and Stamps Fees Approximately 0.2% to 0.6% of the purchase price (₩580K-₩1.7M per ₩290M or $400-$1,200 per $200K). This covers registering the property transfer with the government, legal stamps, and administrative processing. Some of this can vary by district.
Basic Refresh Renovation ₩5 million to ₩20 million ($3,400 to $13,800). This covers cosmetic updates like new paint, light fixtures, minor repairs, and cleanup. Most existing Daegu apartments benefit from at least a basic refresh before moving in.
Full Interior Renovation Renovation ₩20 million to ₩60 million ($13,800 to $41,400). This includes replacing kitchen cabinets and appliances, bathroom fixtures, flooring throughout, and wallpaper. Older apartments often need this level of work to meet modern standards.
Sources and methodology: we compiled fee and tax ranges from official Korean acquisition tax schedules and standard brokerage commission caps. Renovation costs are based on typical contractor pricing in Daegu for apartment interiors. We validated these against recent buyer experiences reported in local sources.
infographics comparison property prices Daegu

We made this infographic to show you how property prices in South Korea compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Daegu in 2026 with different budgets?

With $100,000 (approximately ₩145 million), you're at the lower end of the Daegu market, but you can find options like a 40-50 sqm villa in Daemyeong-dong, an older 35-45 sqm apartment in Pyeongni-dong, or an older 40-50 sqm apartment in Hwawon-eup, all existing homes.

With $200,000 (approximately ₩290 million), you can purchase a 59 sqm existing apartment in Chilseong-dong in Buk-gu, a similar-sized apartment in Sangin-dong in Dalseo-gu, or a nicer 60 sqm villa near the edges of Jung-gu.

With $300,000 (approximately ₩435 million), your options expand to an 84 sqm family apartment in Sangin-dong in Dalseo-gu, an 84 sqm unit in Wolseong-dong that could be existing or newer, or an 84 sqm apartment in Sincheon-dong in Dong-gu.

With $500,000 (approximately ₩725 million), you enter premium territory and can buy an 84 sqm apartment in Hwanggeum-dong in Suseong-gu, an 84-99 sqm existing apartment in Manchon-dong near top schools, or a newer 99 sqm apartment in the Sinseo-dong area.

With $1,000,000 (approximately ₩1.45 billion), you can purchase a large 120-140 sqm new apartment in Beomeo-dong in Suseong-gu, a 110-130 sqm new or excellent-condition apartment in Manchon-dong, or a top-tier unit in one of Suseong-gu's premium complexes.

With $2,000,000 (approximately ₩2.9 billion), you're well above what most Daegu buyers spend, and the market at this level is quite limited. Your options include ultra-premium large apartments of 150-180 sqm in Beomeo-dong, penthouse-style units in Suseong-gu's best buildings, or rare trophy properties that don't trade frequently.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Daegu.

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about Daegu, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Name Why It's Authoritative How We Used It
Korea Real Estate Board (KREB) KREB is the Korean public institution that produces nationally recognized housing market statistics used by government and media. We used KREB as the official backbone for understanding how Korea measures home price trends and housing market indicators. We also used it to anchor our assumptions about what "housing price" means in Korea.
KOSIS (Korean Statistical Information Service) KOSIS is Korea's national statistics portal that disseminates government-approved statistics including KREB housing outputs. We used KOSIS to verify Daegu's recent price direction and to ground our 1-year change estimates in official regional data. We then translated that direction into practical buyer-friendly estimates.
Bank of Korea (ECOS) ECOS is the central bank's official statistics system, providing widely trusted macroeconomic and foreign exchange reference data. We used ECOS to anchor our Korean won to US dollar conversions using late December 2025 rates. We kept the exchange rate assumption explicit so readers can redo conversions if preferred.
European Central Bank (ECB) The ECB publishes daily reference exchange rates with a transparent and consistent methodology trusted across financial institutions. We used ECB rates to convert Korean won prices into euros using late December 2025 reference points. We treated this as a clean, verifiable benchmark for euro conversions.
Ministry of Data and Statistics (Korea) This is an official Korean government source for inflation and CPI releases used across policy discussions and media reporting. We used CPI data to ground our inflation-corrected framing when comparing real versus nominal price changes. We estimated real changes by subtracting a reasonable inflation rate consistent with official CPI levels.
Ministry of Land, Infrastructure and Transport (MOLIT) MOLIT is the Korean government ministry responsible for housing policy and publishes official transaction data and policy announcements. We referenced MOLIT for context on housing policy and to validate market trends. We cross-checked our estimates against government housing market reports.
Real Transaction Price System (RTMS) RTMS is Korea's official database of actual real estate transaction prices, providing ground-truth data on what properties actually sold for. We used RTMS patterns to validate our price range estimates against actual closed transactions. We ensured our median and average figures aligned with real transaction evidence.
Daegu Metropolitan City Government The local Daegu government publishes regional statistics and policy information specific to the metropolitan area. We referenced Daegu city data for local context on neighborhood characteristics and development patterns. We used this to validate our neighborhood descriptions and price differentials.
National Tax Service (NTS) NTS is Korea's tax authority and publishes official information on property acquisition taxes and fee structures. We used NTS information to determine accurate acquisition tax rates for Daegu property purchases. We validated our tax estimates against official rate schedules.
Bank of Korea (Main Site) Korea's central bank provides authoritative data on interest rates, economic conditions, and lending environments affecting housing markets. We referenced Bank of Korea data to understand the interest rate environment affecting Daegu buyer affordability. We used this context to explain recent price softness.
e-National Index (Korea) This government portal compiles key national indicators including housing and economic statistics in one accessible location. We used the e-National Index to cross-reference housing indicators and ensure consistency with other official sources. We validated trend directions against this aggregated data.
R114 R114 is Korea's leading private real estate information platform with extensive listing and transaction data used by industry professionals. We referenced R114 for market-level context on listing practices and pricing patterns. We validated our list-to-sale price gap estimate against industry observations.
Hogangnono Hogangnono is a popular Korean real estate analytics platform that tracks apartment prices and trends with detailed complex-level data. We used Hogangnono to verify price levels for specific Daegu neighborhoods and apartment types. We cross-checked our price ranges against their detailed tracking data.
KB Real Estate (KB Think) KB Financial Group's real estate research arm produces widely cited housing price indices and market analyses for Korea. We referenced KB housing indices to validate our price trend estimates for Daegu. We compared their directional findings with KREB data for consistency.
Naver Real Estate Naver's real estate platform is Korea's most-used property portal with comprehensive listing data and market information. We used Naver Real Estate to verify current listing prices and validate our price range estimates. We cross-referenced neighborhood pricing patterns against their listings.
Naver Real Estate (New Platform) Naver's updated real estate platform offers enhanced data visualization and more detailed property information. We referenced this platform for additional validation of Daegu property listings and price trends. We used their interface to verify specific neighborhood characteristics.
Budongsan 114 Budongsan 114 is a major Korean real estate information service providing market data and property listings. We used this service to cross-validate price estimates and market share data for different property types. We verified our housing type breakdown against their transaction patterns.
Korea Housing Urban Guarantee Corporation (HUG) HUG is a government-backed corporation that provides housing guarantees and publishes data on new construction pricing. We referenced HUG data to understand new construction pricing and the premium over existing homes. We validated our new-build premium estimate against their published figures.
Korea Land and Housing Corporation (LH) LH is Korea's national housing corporation that develops and manages public housing, with extensive market knowledge. We referenced LH information for context on Daegu housing supply and development patterns. We used their data to understand the supply overhang narrative affecting prices.
Korea Research Institute for Human Settlements (KRIHS) KRIHS is a government research institute that conducts authoritative studies on housing, land, and urban development policy. We referenced KRIHS research for deeper context on Korean housing market dynamics. We used their analytical frameworks to inform our methodology.
Korea Appraisal Board (KAB) KAB is Korea's official appraisal organization that provides property valuation standards and land price data. We referenced KAB methodology to ensure our price estimates aligned with professional appraisal standards. We validated our per-sqm calculations against their valuation approaches.
Realty Price Realty Price is a government platform that publishes officially assessed property values used for taxation purposes. We used Realty Price data to understand the relationship between assessed and market values. We validated our price estimates against official government valuations.
Onnara Real Estate Portal Onnara is a government real estate information portal that consolidates official data from multiple agencies. We used Onnara to access consolidated government real estate data for verification. We cross-referenced multiple data points through this unified portal.

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