Get all the data you need about the real estate market in Daegu
SUMMARY
What can your budget buy in Daegu? Quite a lot by Korean big-city standards: around ₩200–300 million can already reach full-sized older family apartments, ₩500–700 million opens much of the modern market, and only prime Suseong pushes buyers into a very different price league.
The citywide average is a poor guide because Daegu is really several housing markets stacked on top of one another. An 84㎡ apartment can cost below ₩200 million in an older Dalseo complex, around ₩400 million in Siji, or well above ₩1 billion in prime Beomeo.
The biggest value lever is often building age, not floor area. Buyers willing to accept a 20- or 30-year-old complex can gain an extra bedroom's worth of space while spending far less than they would on a newer apartment nearby.
Daegu's weak recent market is part of the reason budgets stretch so far. Completed-but-unsold stock still gives buyers leverage, even though the worst of the oversupply cycle appears to be passing.
Around ₩300 million is a particularly important threshold. At that level, buyers stop shopping mainly for entry-level housing and can target standard 84㎡ family apartments across several major districts.
The market changes again around ₩500 million. That budget is large enough to choose between newer construction, a stronger location, or an older apartment in Suseong rather than being forced into one obvious compromise.
Station areas have created their own premium. Newer apartments around Daegu Station and Dongdaegu can trade far above older housing in the same broader district, so district averages can hide almost as much as citywide averages.
Suseong-gu is the exception that distorts almost every simple Daegu affordability story. Secondary and older Suseong apartments can still be relatively affordable, while Beomeo and Manchon school-zone stock can cost several times more for roughly the same floor area.
The supply outlook could eventually help better apartments more than cheap old stock. Fewer future completions may support newer station-area, branded and school-zone complexes first, while ageing apartments in weak locations can stay cheap for much longer.
The most compelling part of Daegu today sits roughly between ₩200 million and ₩600 million. That is where buyers can exploit unusually cheap family-sized resale stock or move into newer housing without paying the full prestige premium attached to prime Suseong.
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What can your budget buy in Daegu?
Why is the average Daegu apartment price so misleading?
The average Daegu apartment price tells you very little about what your budget can actually buy today.
Recent transaction data puts a typical apartment deal in Daegu somewhere around the low-₩300 million range, but that number blends together homes that belong in completely different markets. Recent district-level transactions have put Dalseong-gun around the low-₩200 millions, Dalseo-gu around the high-₩200 millions and Suseong-gu above ₩400 million. Inside individual districts, the spread gets even wider.
Look at three roughly family-sized apartments. An 84.9㎡ apartment in Daegok, Dalseo-gu has sold for about ₩158 million. An 84㎡ apartment in Siji has changed hands around ₩400 million. Prime 84–85㎡ apartments in Beomeo can sell for well above ₩1 billion, with recent deals reaching around ₩1.6 billion.
Floor area barely changes, while the price can multiply tenfold.
Age, school catchment, access to Dongdaegu or central Daegu, apartment brand and the exact neighbourhood explain much of the difference. Even within Suseong-gu, recent 84–85㎡ deals have ranged from roughly ₩300 million in older complexes to more than ₩1 billion around Beomeo.
For anyone buying in Daegu, the useful starting point is therefore the compromise they are willing to make. A buyer who accepts a 25- or 30-year-old building has far more purchasing power than someone insisting on a recent apartment near a major station or a top school district.
| Current Daegu market | Approximate price level | What that price can represent | Main catch |
|---|---|---|---|
| Lower-cost outer districts | ₩200m–₩250m | Full-sized older apartment | Location and building age |
| Mainstream Daegu | ₩250m–₩400m | Large family apartment | Often older stock |
| Newer strong locations | ₩450m–₩700m | Modern 59–84㎡ apartment | Higher price per square metre |
| Prime Suseong | ₩900m–₩1.6bn+ | Premium school-zone apartment | Huge location premium |
Are Daegu apartments still cheap because the market is weak?
Yes. Daegu apartments remain unusually affordable partly because the city is still clearing the damage left by several years of oversupply.
The latest Korea Real Estate Board weekly data still shows a market moving sideways rather than racing upward. Individual districts can rise in the same week that others fall, and the city has yet to produce the kind of broad recovery seen in Korea's strongest housing markets.
The bigger clue is sitting in completed buildings. Recent Ministry of Land, Infrastructure and Transport data counted more than 4,000 unsold homes in Daegu, with roughly 3,500 already completed. Completed-but-unsold housing is particularly important because these apartments are physically ready but still need buyers. Developers carrying that inventory have much less freedom to hold firm on price.
That has produced discounts, contract incentives and unusually aggressive offers at some new developments. Buyers can sometimes compare a recently completed branded apartment with a several-year-old resale apartment at surprisingly similar prices.
There is already some evidence that the worst part of the oversupply cycle is behind Daegu, but today's buyers still have leverage. For now, that weak bargaining position on the seller's side is one of the main reasons Daegu stretches a housing budget so far.
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What can ₩100 million buy in Daegu today?
Around ₩100 million still buys a real apartment in Daegu, although buyers at this level are mostly choosing small or old housing.
Recent deals show apartments changing hands around this level in Dalseo-gu and Dong-gu. A roughly 42㎡ unit in Wolseong Jugong 5 has traded around ₩90 million, while units around 50㎡ in older Seongseo stock have also sold close to ₩100 million. Small apartments in older Dong-gu complexes can fall into the same range.
That is remarkably cheap for ownership inside one of South Korea's largest cities. The trade-offs become obvious once we look at the buildings. Many of these apartments date from the 1980s or 1990s, layouts can feel dated, parking can be tight and the usable floor area may be closer to 30–50㎡.
A ₩100 million buyer therefore has genuine options, but very little room to insist on size, age and location at the same time. Once we ask for something around 60㎡ or larger in a reasonably liquid complex, the search becomes far easier around ₩150–200 million.
| Budget around ₩100m | Approximate size | Typical apartment | What you give up |
|---|---|---|---|
| ₩80m–₩100m | 30–45㎡ | Older small apartment | Space and age |
| ₩90m–₩110m | 40–50㎡ | Older large-complex stock | Modern facilities |
| Above ₩120m | 50㎡+ | More choices start appearing | Often still older |
What does ₩200 million buy in Daegu now?
A ₩200 million budget can already buy a full-sized older apartment in Daegu, including some homes close to the standard Korean 84㎡ family format.
Recent transactions make the point clearly. An 84.9㎡ apartment in Daegok, Dalseo-gu has sold for roughly ₩158 million. Other 70–85㎡ homes in Dalseo-gu and Dong-gu have traded around ₩160–200 million. Even Suseong-gu still contains older 84㎡ apartments below ₩300 million, although they sit far outside its most expensive school-zone complexes.
With ₩200 million, Daegu buyers often sacrifice the age of the building before they sacrifice living space.
An older 84㎡ apartment at ₩170 million may offer nearly twice the private floor area of a new 40–50㎡ apartment elsewhere in Korea for a similar sum. The downside is that the buyer inherits an older building, fewer amenities and potentially higher renovation costs.
Still, for buyers who care mainly about having two or three bedrooms and enough space for a family, ₩200 million goes a very long way in Daegu.
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Can ₩300 million really buy a family apartment in Daegu?
Yes. Around ₩300 million currently buys a genuine 84㎡ family apartment across a large part of Daegu.
Recent deals include 84–85㎡ apartments around the high-₩200 millions in Dalseo-gu and Dong-gu. Complexes in areas such as Daegok, Janggi, Shinseo and parts of Buk-gu regularly bring standard family-sized apartments within a roughly ₩250–350 million search range.
That is where Daegu starts looking especially cheap compared with Seoul and much of the capital region. The buyer is no longer searching through tiny entry-level homes. Around ₩300 million, the market includes three-bedroom-type layouts in large residential complexes with schools, shops and established neighbourhood infrastructure around them.
The main compromise is age. Many of the best-value 84㎡ apartments at this price were built in the 1990s or 2000s.
For families who can live with an older building, ₩300 million is one of the strongest budget levels in Daegu because the extra money beyond ₩200 million buys a much wider choice without yet pushing the buyer into the expensive new-build segment.
| Around ₩300m in Daegu | Typical size | What you can realistically target | Main compromise |
|---|---|---|---|
| ₩230m–₩280m | 75–85㎡ | Older family apartment | Building age |
| ₩280m–₩330m | 84㎡ | Broad mainstream choice | Usually outside premium zones |
| ₩330m–₩380m | 59–84㎡ | Better complex or location | Less choice if demanding new stock |
What changes with a ₩400–500 million Daegu budget?
At ₩400–500 million, Daegu buyers can start demanding a better building or a better location without giving up normal family-sized housing.
This budget opens several different paths. Buyers can purchase older 84㎡ apartments in stronger parts of Suseong-gu, choose newer 59–84㎡ developments in Dalseo or Dong-gu, or look at recent apartments around major transport nodes.
For example, 84㎡ apartments in modern Dalseo-gu developments have recently traded around the ₩400–500 million range. Recent 84㎡ transactions in ordinary parts of Suseong can also land around this level, while smaller recent apartments closer to central Daegu can cost just as much.
This is where age starts competing directly with location. A buyer might face a choice between 84㎡ in an older Suseong apartment, 84㎡ in a newer Dalseo complex or roughly 59㎡ in a much newer central development.
Those are meaningful choices rather than emergency compromises. Around half a billion won, Daegu offers enough stock for buyers to decide what they actually value.
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Is ₩500 million the best Daegu budget for value?
For many owner-occupiers, roughly ₩450–600 million is probably Daegu's strongest budget range right now.
The reason is simple: this range captures a large share of the modern family-housing market without forcing buyers into the extreme premiums found in Beomeo and Manchon.
Recent Dalseo-gu transactions show modern 84㎡ apartments around ₩500 million, while completed new developments carrying unsold stock have sometimes offered incentives that bring their effective cost into a similar range. In Hwanggeum-dong and other secondary Suseong areas, full-sized apartments can also sit around the ₩500–600 million mark.
That gives a buyer several credible combinations. ₩500 million can buy a newer building and decent location, an older building in a stronger neighbourhood, or a full 84㎡ apartment in a large branded complex.
The market gets much less forgiving once the buyer insists on prime Suseong. Until then, half a billion won gives far more choice than Daegu's reputation for cheap old apartments might suggest.
What can ₩600–700 million buy in Daegu?
A ₩600–700 million budget buys high-quality modern family housing in most of Daegu today.
Recent 84–85㎡ transactions around Daegu Station and Dongdaegu Station have landed in this range. Daegu Station Opera W has recorded deals around the low-₩600 millions, while newer branded apartments around Dongdaegu have also traded around ₩600–700 million.
These are recent buildings in locations buyers actively seek. They typically offer underground parking, modern layouts, better common facilities and easier access to rail, subway or central employment areas.
The same budget also buys upper-end apartments in Dalseo-gu and gives buyers access to plenty of Suseong housing outside the most expensive Beomeo-Manchon complexes.
At this level, the buyer is already shopping well above the typical Daegu transaction. ₩600–700 million feels like a substantial housing budget across most of the city, even though someone looking only at prime Suseong could come away with a very different impression.
| ₩600–700m examples | Typical size | What the budget buys | Market position |
|---|---|---|---|
| Daegu Station area | ~84㎡ | Recent branded high-rise | Upper-mainstream |
| Dongdaegu area | 59–84㎡ | Modern station-area apartment | Upper-mainstream |
| Dalseo-gu | ~84㎡ | Strong modern complex | High-end locally |
| Secondary Suseong | 59–84㎡ | Good district without top school-zone premium | Strong choice |
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Is ₩1 billion enough for a good apartment in Suseong-gu?
₩1 billion buys a very good Suseong-gu apartment, but prime Beomeo and Manchon can now make even that budget feel limited.
This is where Daegu's price map becomes extreme. Recent transactions show ordinary 84–85㎡ apartments elsewhere in Suseong changing hands for a few hundred million won, while the strongest Beomeo apartments can exceed ₩1 billion by a wide margin.
Recent examples make the gap easy to see. An 85㎡ Beomeo Central Prugio transaction has been reported above ₩1.1 billion, with several comparable deals around ₩1.2 billion. An 85㎡ Beomeo I'Park transaction recently reached about ₩1.59 billion. Meanwhile, older 85㎡ apartments elsewhere in Beomeo and Suseong-gu have traded around ₩300–500 million.
School access explains a large part of that spread. Beomeo and Manchon sit close to Daegu's most sought-after education infrastructure, including strong schools and a dense private academy market. Families repeatedly compete for the same catchments, which keeps demand concentrated in a relatively small number of complexes.
Building age then adds another layer. Recent or prestigious complexes in those areas combine the school premium with modern construction, creating prices that look completely detached from the rest of Daegu.
So ₩1 billion gives buyers serious purchasing power in Suseong-gu, but the very best 84㎡ apartments increasingly require ₩1.2–1.6 billion or more.
| Suseong budget | What it can currently buy | Approximate size | Reality |
|---|---|---|---|
| ₩300m–₩500m | Older or secondary Suseong apartment | 59–85㎡ | Plenty exists |
| ₩600m–₩900m | Stronger complex or location | 59–85㎡ | Good choice |
| ~₩1bn | Entry into premium Beomeo/Manchon stock | Often 59–84㎡ | Selection gets tighter |
| ₩1.2bn–₩1.6bn+ | Prime recent Beomeo/Manchon | ~84㎡ | Prestige market |
How expensive can luxury apartments in Daegu get?
Daegu's luxury apartment market now reaches well beyond ₩1.5 billion, although those prices are concentrated in a small part of Suseong-gu.
Recent transactions show premium 84–85㎡ units around Beomeo reaching roughly ₩1.5–1.6 billion, while larger apartments can move substantially higher. A recent 132㎡ transaction at an older but highly valued Beomeo complex reached about ₩1.26 billion, showing that location can keep even decades-old stock expensive.
The key word here is concentration. Daegu does not have ₩1 billion apartments spread evenly across the city. A small number of complexes around Beomeo, Manchon and other premium Suseong pockets account for a disproportionate share of the high-end market.
That produces one of Daegu's strangest affordability contrasts. Drive a relatively short distance from a ₩1.5 billion apartment and it is still possible to find an 84㎡ home for less than ₩300 million.
Once the budget gets above roughly ₩1.2 billion, buyers are increasingly paying for a specific address, school network and complex rather than simply buying more floor area.
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Does building age really change Daegu apartment prices that much?
Yes. Building age can change the price of a Daegu apartment by several hundred million won even when the older home is considerably larger.
Recent Dalseo-gu transactions show the scale. Older 84㎡ apartments can sell below ₩200 million, while modern 59㎡ apartments in better complexes can approach ₩400 million or more. The newer home may offer about 30% less private space yet cost twice as much.
We see the same pattern around Dongdaegu. Older 80–85㎡ apartments farther from the station can still sell around ₩150–250 million, while recent 59–84㎡ developments close to Dongdaegu Station commonly command ₩400–700 million.
Buyers are paying for more than the year on the completion certificate. New Korean apartment complexes usually bring better parking, larger underground garages, newer insulation, modern floor plans, community facilities, cleaner common areas and strong developer brands. Those features have become increasingly important to resale demand.
This creates a real opportunity for buyers who care more about private living space than the building itself. In Daegu these days, choosing a 20- or 30-year-old complex can add an entire bedroom's worth of floor area while cutting the purchase price dramatically.
Which Daegu districts give you the most for your money?
Dalseo-gu, Buk-gu, Dalseong-gun and parts of Dong-gu currently give buyers the easiest route to a large apartment without a huge budget.
Dalseo-gu is especially useful because it has depth. Buyers can find old apartments below ₩150 million, mainstream 84㎡ units around ₩250–350 million and modern branded developments above ₩500 million. That wide price ladder means a buyer rarely has to abandon the district just because the budget changes.
Buk-gu offers a similar mix, with affordable established neighbourhoods alongside newer development closer to central Daegu. Dalseong-gun can stretch the budget even further, especially for buyers who accept a longer trip into the traditional city centre.
Dong-gu is more complicated. Old residential areas remain inexpensive, while Dongdaegu Station has created a much more expensive modern apartment market. Two apartments in the same gu can therefore belong to completely different price categories.
Suseong-gu still makes sense for value buyers who search beyond Beomeo and Manchon. Recent data confirms that older Suseong apartments can trade for prices comparable with Dalseo or Dong-gu. Paying the Suseong premium becomes expensive only when the search narrows to the most sought-after neighbourhoods and complexes.
| Daegu area | Rough current price position | What buyers get | Best suited to |
|---|---|---|---|
| Dalseong-gun | Low | Large homes for less | Space-first buyers |
| Buk-gu | Low to mid | Broad older housing stock | Budget families |
| Dalseo-gu | Low to upper-mid | Widest price ladder | Buyers comparing many options |
| Dong-gu | Low to upper-mid | Cheap old stock plus modern station housing | Buyers balancing commute and price |
| Suseong-gu | Mid to very high | Huge internal price range | School/location-focused buyers |
| Jung-gu | Mid to high | Smaller pool of newer central stock | Central-city buyers |
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How much should you keep aside for buying costs in Daegu?
A Daegu purchase budget should leave room for taxes and closing costs because spending every won on the apartment price will leave the buyer short.
For buyers qualifying for Korea's standard housing acquisition-tax rate, homes at or below ₩600 million generally face a base acquisition-tax rate of 1%. The effective rate rises between ₩600 million and ₩900 million, while homes above ₩900 million reach a 3% standard acquisition-tax rate before related surtaxes.
That means a ₩300 million apartment begins with roughly ₩3 million of base acquisition tax. A ₩1 billion apartment can create a far larger tax bill before brokerage, registration and legal costs are added.
Ownership circumstances also matter. Buyers who already own other homes can face different tax treatment, while qualifying completed unsold homes may sometimes benefit from specific tax incentives under government programmes.
For a simple Daegu budget search, we would therefore keep the maximum offer below the full amount of available cash. The difference is small on a ₩200–300 million home and much harder to ignore once the purchase price approaches ₩1 billion.
Could Daegu apartments get more expensive once the oversupply clears?
Yes, the current supply squeeze gives better Daegu apartments a credible path to higher prices, although old commodity stock may stay cheap for much longer.
The supply pipeline has changed dramatically. After several years of heavy construction, estimates from Real Estate R114 and local market reports put Daegu apartment completions at roughly 10,000 units this year before dropping to fewer than 2,000 next year. That is an enormous reduction.
Daegu has also spent years restricting or slowing new housing approvals after the previous construction boom created too much inventory. Meanwhile, the existing completed-unsold stock is gradually being absorbed.
Those three facts fit together. A city that recently had too many newly completed apartments is heading toward a period with very few completions. Good recent complexes in areas where people actually want to live will feel that change first.
We should still be careful with the cheapest 20- or 30-year-old apartments. Daegu's population is not growing fast enough to make every piece of old housing scarce, and thousands of completed unsold units are still available today.
The likely outcome is a wider gap between good and mediocre housing. Newer station-area apartments, strong family complexes and established school districts have a stronger case for recovering, while ageing apartments with weak locations can remain cheap even after overall supply falls.
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So what can your budget actually buy in Daegu right now?
Daegu currently offers exceptional value below ₩400 million, broad modern-housing choice around ₩500–700 million and a completely different price scale once the search reaches prime Suseong.
Around ₩100 million, buyers can still enter the apartment market with small or ageing housing. At ₩150–200 million, full-sized older apartments become realistic. Roughly ₩300 million buys mainstream 84㎡ family housing across several major districts.
Between ₩400 million and ₩600 million, buyers gain much more freedom to demand a newer building, better location or stronger complex. Around ₩600–700 million, high-quality modern 84㎡ apartments around Daegu Station, Dongdaegu and other desirable areas become realistic.
Then Suseong changes the numbers. ₩1 billion buys far more than most Daegu households spend on an apartment, yet the most sought-after Beomeo and Manchon complexes can still sit above that budget. Prime 84㎡ homes around those neighbourhoods increasingly trade around ₩1.2–1.6 billion or more.
The most compelling part of Daegu today sits between roughly ₩200 million and ₩600 million. At those levels, buyers can exploit the city's unusually cheap older family stock or the discounts created by the recent oversupply cycle without paying the full premium attached to elite Suseong addresses.
| Purchase budget | What Daegu buyers can realistically target now | Main compromise |
|---|---|---|
| ~₩100m | 30–50㎡ older apartment | Size and age |
| ₩150m–₩200m | 60–85㎡ older apartment | Age or location |
| ~₩300m | Mainstream 84㎡ family apartment | Usually older |
| ₩400m–₩500m | Better location or newer stock | Cannot maximise everything |
| ₩500m–₩700m | Modern 59–84㎡ apartment in strong areas | Prime Suseong remains expensive |
| ~₩1bn | Good Suseong apartment, some premium options | Best Beomeo/Manchon stock can exceed budget |
| ₩1.2bn–₩1.6bn+ | Prime Suseong 84㎡ | Prestige pricing |
OUR METHODOLOGY
This analysis asks what a given budget can realistically buy in Daegu, rather than relying on a single citywide average. We compare recent apartment transactions across budget levels, floor areas, building ages, districts and neighbourhoods, then use broader market data to check whether those examples fit the direction of the city as a whole.
We give the greatest weight to reported sales rather than asking prices. Individual examples are checked against multiple districts and comparable floor areas so that one unusually cheap or expensive transaction does not define the market.
We also compare similar-sized apartments across older and newer complexes, station areas and school-zone locations. That helps separate the value of the physical space from the premium buyers are paying for a newer building, stronger address, transport access or education catchment.
Broader market conditions are used as context rather than as substitutes for transaction evidence. Korea Real Estate Board weekly price data helps distinguish isolated neighbourhood strength from a broad Daegu recovery, while Ministry of Land, Infrastructure and Transport and Daegu Metropolitan City data on unsold and completed-unsold housing helps us judge current buyer leverage.
The housing pipeline matters because today's affordability partly reflects the previous construction boom. Daegu housing-project, approval and completion data is used to assess whether the city is moving from oversupply toward a much thinner period of new completions, while resident-registration data provides the demographic context needed to avoid assuming that lower supply will lift every old apartment equally.
The budget bands in the article are analytical thresholds, not official market categories. We use them because they mark the points where the buyer's realistic choice set changes materially: more floor area, newer housing, a stronger location, or access to premium Suseong stock.
Buying-cost estimates use Korea's standard housing acquisition-tax framework, with the usual caveat that actual tax treatment can change with ownership status and other circumstances. Education-market context is supported by Daegu education data, particularly for the Beomeo and Manchon premium.
Key sources include MOLIT's Real Transaction Price Disclosure System, MOLIT's transaction-disclosure methodology, the MOLIT GIS transaction interface, MOLIT's downloadable transaction datasets, the official machine-readable real-estate transaction dataset, Korea Real Estate Board weekly apartment-price data, MOLIT's July 2026 housing statistics, MOLIT's unsold-housing statistics portal, Daegu Metropolitan City's unsold-apartment data, Daegu's historical unsold-housing series, Daegu's housing-project pipeline data, the National Law Information Center for acquisition-tax rules, Ministry of the Interior and Safety resident-registration statistics, and Daegu education and private-academy data.
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