What are the price trends and forecasts in Daegu right now? (2026)

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

Get all the data you need about the real estate market in Daegu

Who is the author of this content?

BAMBOOROUTES

A team specialized in real estate investing in APAC countries (Japan, Thailand, Indonesia, Australia, etc.).

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Daegu. If you’d like to learn more about us, you can check our presentation page.

What are the current property price trends in Daegu as of 2026?

Daegu property prices in 2026 are not booming, but the Daegu housing market is clearly calmer than it was during the weak 2022 to 2024 period.

The important thing to understand is that Daegu is a split market, with stronger family apartments in Suseong-gu and station-linked areas doing better than older low-rise homes, small officetels, and oversupplied outer pockets.

What is the average house price in Daegu as of 2026?

As of 2026, the estimated average house price in Daegu is about KRW 350 million, which is roughly USD 255,000 or EUR 220,000.

This means the average property price per square meter in Daegu in 2026 is about KRW 4.4 million, or roughly USD 3,200 and EUR 2,800 per square meter.

For most ordinary residential purchases in Daegu in 2026, a realistic range is about KRW 170 million to KRW 800 million, or roughly USD 125,000 to USD 585,000 and EUR 108,000 to EUR 505,000.

How much have property prices increased in Daegu over the past 12 months?

Daegu residential property prices increased by about 0.5% over the 12 months to June 2026, which means the citywide market is broadly flat but no longer falling sharply.

Across Daegu property types in 2026, the realistic 12-month change ranges from about -2% for weaker officetels to about +4% for prime Suseong-gu apartments.

The single biggest reason for this mixed movement is that Daegu still has supply pressure in some areas, while buyers have returned first to school-zone apartments and transport-linked locations.

Which neighborhoods have the fastest rising property prices in Daegu as of 2026?

As of 2026, the three fastest rising neighborhoods for property prices in Daegu are Beomeo-dong, Manchon-dong, and Sincheon-dong.

In Daegu in 2026, Beomeo-dong is likely up about 3% to 5%, Manchon-dong about 2% to 4%, and Sincheon-dong about 2% to 4% over the past year.

The main demand driver is simple: Daegu buyers are paying more for strong schools in Suseong-gu and better transport access around Dongdaegu Station.

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

Which property types are increasing faster in value in Daegu as of 2026?

As of 2026, the estimated ranking by value appreciation in Daegu is apartments first, townhouse-like row houses second, villa-like detached houses third, and condo-like officetels fourth.

The top-performing property type in Daegu in 2026 is the family apartment, with prime units in Suseong-gu and key station areas rising by about 2% to 6% per year.

Family apartments are outperforming because Daegu households usually prefer homes that are easy to finance, easy to compare, easy to rent, and easy to resell.

Finally, if you’re interested in a specific property type, you will find our latest analyses here:

• How much should you pay for an apartment in Daegu?

What is driving property prices up or down in Daegu as of 2026?

As of 2026, the three biggest forces driving Daegu property prices are Suseong-gu school demand, Dongdaegu Station and subway access, and remaining pressure from unsold or recently completed apartments.

The strongest upward pressure comes from Suseong-gu school demand, because many Daegu families still pay a clear premium for Beomeo-dong, Manchon-dong, Hwanggeum-dong, and Suseong-dong.

If you want to understand these factors at a deeper level, you can read our latest property market analysis about Daegu here.

What is the property price forecast for Daegu in 2026?

Our central forecast is that Daegu residential property prices will rise modestly in 2026, with apartments doing better than detached houses, row houses, and officetels.

How much are property prices expected to increase in Daegu in 2026?

As of 2026, we expect Daegu residential property prices to increase by about 2% over the full year.

A realistic forecast range for Daegu property price growth in 2026 is about +1% to +3% citywide, with prime apartments possibly doing better.

The main assumption behind this Daegu forecast is that unsold supply keeps easing slowly while interest rates stay high enough to stop a broad speculative boom.

We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Daegu.

Which neighborhoods will see the highest price growth in Daegu in 2026?

As of 2026, the Daegu neighborhoods expected to see the highest price growth are Beomeo-dong, Manchon-dong, Hwanggeum-dong, Sincheon-dong, Dongin-dong, Samdeok-dong, and Daebong-dong.

These stronger Daegu neighborhoods could see about 2.5% to 6% price growth in 2026, while weaker areas may stay flat.

The main catalyst is a return of buyer confidence in places with clear advantages, especially school zones, central convenience, and Dongdaegu Station access.

One emerging Daegu neighborhood that could surprise is Chimsan-dong, because it offers more affordable apartments with practical access to central Daegu.

By the way, we’ve written a blog article detailing what are the current best areas to invest in property in Daegu.

What property types will appreciate the most in Daegu in 2026?

As of 2026, apartments are expected to appreciate the most among Daegu property types, especially mid-sized and family-sized apartments in strong districts.

The projected appreciation for top-performing Daegu apartments in 2026 is about 3% to 6%, while ordinary apartments are more likely to rise by about 1.5% to 3.5%.

The main demand trend is that Daegu households prefer practical apartments close to schools, stations, jobs, hospitals, and daily services.

Officetels are expected to underperform in Daegu in 2026 because many investors still worry about financing costs, vacancy risk, and weaker resale demand.

How will interest rates affect property prices in Daegu in 2026?

As of 2026, interest rates are likely to keep Daegu property price growth modest, because buyers can return to the market but still have to watch monthly mortgage payments carefully.

The Bank of Korea base rate is 2.50% in June 2026, and mortgage rates are more likely to stay firm than fall quickly if inflation remains sticky.

In Daegu, a 1% rise in mortgage rates can noticeably reduce affordability, because the same monthly budget supports a smaller loan and this usually puts pressure on weaker property segments first.

You can also read our latest update about mortgage and interest rates in South Korea.

What are the biggest risks for property prices in Daegu in 2026?

As of 2026, the three biggest risks for Daegu property prices are renewed supply pressure, higher borrowing costs, and weak population trends.

The highest-probability risk in Daegu is supply pressure, because some districts still have unsold or recently completed apartments competing with resale homes.

We actually cover all these risks and their likelihoods in our pack about the real estate market in Daegu.

Is it a good time to buy a rental property in Daegu in 2026?

As of 2026, it can be a good time to buy a rental property in Daegu, but only if the buyer is very selective and avoids weak buildings in oversupplied pockets.

The strongest argument for buying now is that Daegu prices have already corrected in many areas, so careful buyers can find better value than during the previous peak.

The strongest argument for waiting is that rental yields may not fully protect buyers if financing costs stay high and nearby supply keeps tenants spoiled for choice.

If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Daegu.

You’ll also find a dedicated document about this specific question in our pack about real estate in Daegu.

Where will property prices be in 5 years in Daegu?

What is the 5-year property price forecast for Daegu as of 2026?

As of 2026, our central 5-year forecast is that Daegu residential property prices will be about 15% higher by 2031.

The conservative to optimistic 5-year forecast range for Daegu property prices is roughly +8% to +22%, depending on interest rates, supply absorption, and local job confidence.

This means Daegu property prices would rise by about 2% to 4% per year on average, with the central case close to 3% per year.

The key assumption is that Daegu does not need a boom, but it does need steady household demand and a gradual reduction in supply pressure.

Which areas in Daegu will have the best price growth over the next 5 years?

The top three Daegu areas expected to have the best 5-year price growth are Beomeo-dong, Manchon-dong, and Sincheon-dong.

By 2031, these top Daegu areas could see cumulative price growth of about 18% to 30%, while the citywide market is more likely to sit near 8% to 22%.

This is similar to the shorter forecast, but the 5-year view gives more weight to lasting advantages like school reputation, station access, and limited prime supply.

The currently undervalued Daegu area with the best 5-year outperformance potential is Chimsan-dong, because it combines better affordability with decent access to central Daegu.

What property type will give the best return in Daegu over 5 years as of 2026?

As of 2026, well-located apartments are expected to give the best total return in Daegu over the next 5 years.

A good Daegu apartment bought in 2026 could deliver about 20% to 35% total return by 2031 when price growth and rental income are combined.

The main structural trend is that local families keep concentrating demand in apartments that are near schools, stations, hospitals, jobs, and daily services.

The best balance of return and lower risk in Daegu is likely to come from a standard family apartment in a liquid area, rather than a cheap officetel or difficult detached house.

How will new infrastructure projects affect property prices in Daegu over 5 years?

The three major infrastructure themes expected to affect Daegu property prices over the next 5 years are Daegu Urban Railway Line 4, Dongdaegu Station area improvements, and better links around EXCO and northern Daegu.

In Daegu, properties near completed and useful rail improvements can often earn a price premium of about 5% to 15%, but only when the building and neighborhood are also desirable.

The Daegu neighborhoods most likely to benefit include Sincheon-dong, Beomeo-dong, Bokhyeon-dong, Sangyeok-dong, Dongin-dong, Samdeok-dong, and parts of Hwanggeum-dong.

How will population growth and other factors impact property values in Daegu in 5 years?

Daegu’s population is likely to stay flat or decline slightly over the next 5 years, which should limit citywide property price growth but not stop prime areas from outperforming.

The demographic shift that matters most in Daegu is the movement of families toward better school districts, better apartment complexes, and more convenient daily living.

Domestic migration is likely to keep favoring Daegu’s strongest districts, while international migration will probably help rental demand in limited pockets near universities, hospitals, and job nodes.

The property types and areas most likely to benefit are family apartments in Suseong-gu, Donggu near Dongdaegu Station, Jung-gu central areas, and practical apartment districts such as Chimsan-dong and Wolseong-dong.

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 is the 10 year property price outlook in Daegu?

What is the 10-year property price prediction for Daegu as of 2026?

As of 2026, our central 10-year prediction is that Daegu residential property prices will be about 35% higher by 2036.

The conservative to optimistic 10-year forecast range for Daegu property prices is roughly +20% to +50%, with prime Suseong-gu apartments potentially doing better.

This implies an average annual appreciation rate of about 2% to 4% in Daegu, with the central case near 3% per year before inflation.

The biggest uncertainty is whether Daegu can keep enough quality housing demand in the face of weak population growth and future supply cycles.

What long-term economic factors will shape property prices in Daegu?

The three long-term economic factors that will shape Daegu property prices are population trends, local job quality, and the strength of education and transport-led demand.

The most positive long-term factor for Daegu property values is internal demand for the best school zones and most convenient apartment locations.

The greatest structural risk is population weakness, because slower household growth makes it harder for every Daegu district and every property type to rise together.

You’ll also find a much more detailed analysis in our pack about real estate 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	Why this source matters	How we used it
Korea Real Estate Board R-ONE	It is Korea’s official real estate statistics platform.	We used it to anchor Daegu price trends and apartment market direction. We also compared its indexes with transaction data.
Korea Real Estate Board	It produces key national housing price statistics.	We used its housing price framework to separate property types. We gave it more weight than listing portals.
MOLIT Real Transaction Price Disclosure System	It records official real estate transaction prices in Korea.	We used it to check actual Daegu apartment and housing sales. We used completed deals before making price estimates.
MOLIT Statistics Portal	It is the main public source for housing supply statistics.	We used it to assess unsold homes and completion pressure. We used it heavily in the risk section.
KOSIS	It is Korea’s official national statistics portal.	We used it for population, household, and economic context. We used it to avoid relying only on property industry sources.
KB Real Estate Data Hub	It is widely used by Korean banks and market participants.	We used it to cross-check apartment momentum and buyer sentiment. We did not use it alone for final estimates.
Bank of Korea	It is Korea’s official central bank.	We used it for interest rate conditions and macro risk. We linked borrowing costs to buyer affordability in Daegu.
Bank of Korea Economic Outlook	It gives Korea’s official growth and inflation outlook.	We used it to frame the 2026 demand environment. We also used it to judge whether lower mortgage rates are likely.
OECD Korea Economic Outlook	It provides an independent international view on Korea.	We used it to cross-check national growth and inflation assumptions. We used it mainly for forecast risk.
Daegu Statistics	It is Daegu’s official local statistics portal.	We used it for local population and economic context. We used it to make the analysis specific to Daegu.
Daegu Metropolitan City	It is the official source for local policy information.	We used it to understand city planning and local development themes. We connected those themes to neighborhood demand.
Daegu Transportation Corporation	It is the official operator for Daegu’s urban rail system.	We used it to understand the transport network that shapes housing demand. We used rail access carefully, not as automatic price growth.