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Housing prices in Daejeon in 2026 are still much cheaper than Seoul prices, but Daejeon is not a cheap market by Korean regional standards.
In this blog post, we talk about current housing prices in Daejeon, from entry-level older apartments to premium family homes in Yuseong-gu and Seo-gu.
We constantly update this blog post so readers can follow fresh Daejeon real estate prices with less guesswork.
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 Daejeon.
Insights
- The median housing price in Daejeon in 2026 is about ₩350 million, which is a better daily-life benchmark than the average because premium family apartments push averages upward.
- A normal apartment buyer in Daejeon in 2026 should expect around ₩5.1 million per sqm for a citywide median price, with higher prices in Doryong-dong and Dunsan-dong.
- The most expensive Daejeon neighborhoods are still linked to research jobs, strong schools, and central services, especially around Yuseong-gu and Seo-gu.
- Entry-level residential property in Daejeon in 2026 often means older stock, smaller surfaces, or weaker parking, not new construction in a prime district.
- Closed sale prices in Daejeon are usually around 3% to 7% below asking prices, but prime family apartments can move with almost no discount.
- Newer apartments in Daejeon usually sell for about 15% to 25% more than comparable older apartments because buyers pay for parking, insulation, and modern layouts.
- A buyer should usually add 4% to 8% on top of the Daejeon purchase price for taxes, brokerage, registration, moving, and light setup costs.
- With a $300,000 budget in Daejeon in 2026, a buyer can usually target a normal existing family apartment in Noeun-dong, Jijok-dong, or Tanbang-dong.
What is the average housing price in Daejeon in 2026?
The median housing price in Daejeon in 2026 is more useful than the average because it shows what a normal buyer is more likely to face, while the average is pulled upward by large premium apartments.
We are writing this as of 2026 with the latest Daejeon housing data collected from authoritative sources that we manually double checked.
As of June 2026, the median housing price in Daejeon is about ₩350 million, which is around $230,000 or €198,000. The average housing price in Daejeon in 2026 is about ₩420 million, which is around $276,000 or €238,000.
For 80% of residential properties in the Daejeon market in 2026, a realistic price range is about ₩150 million to ₩850 million, or about $98,000 to $558,000, or about €85,000 to €481,000.
A realistic entry range in Daejeon in 2026 is about ₩120 million to ₩220 million, or around $79,000 to $144,000, or around €68,000 to €125,000, which can buy an older small apartment or villa of about 35 to 55 sqm in Gao-dong, Munhwa-dong, or older parts of Dong-gu and Jung-gu.
A realistic luxury range in Daejeon in 2026 is about ₩900 million to ₩1.8 billion, or around $591,000 to $1.18 million, or around €510,000 to €1.02 million, which can buy a large family apartment of about 120 to 165 sqm in Doryong-dong, Dunsan-dong, Wonsinheung-dong, or Sangdae-dong.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Daejeon.
Are Daejeon property listing prices close to the actual sale price in 2026?
In Daejeon in 2026, closed residential sale prices are usually about 3% to 7% below asking prices, with a central estimate near 5% below listing price.
This gap exists because Daejeon sellers often leave some room for negotiation, while official transaction data reflects signed deals that can lag the listing market. The gap varies most for older apartments, homes needing renovation, and buildings with weak parking, while scarce family-size apartments in Doryong-dong or Dunsan-dong may sell only 0% to 3% below asking.
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What is the price per sq m or per sq ft for properties in Daejeon in 2026?
As of June 2026, the median housing price in Daejeon is about ₩5.1 million per sqm, or about $3,350 per sqm, or about €2,890 per sqm, which equals about ₩474,000 per sqft, or $311 per sqft, or €268 per sqft. The average housing price in Daejeon is about ₩5.6 million per sqm, or about $3,675 per sqm, or about €3,170 per sqm, which equals about ₩520,000 per sqft, or $341 per sqft, or €295 per sqft.
The highest price per sqm in Daejeon in 2026 is usually found in smaller premium apartments and newer family apartments, while the lowest price per sqm is usually found in older apartments and villas because buyers pay less for weaker parking, older layouts, and renovation risk.
The highest Daejeon price per sqm is usually in Doryong-dong, Dunsan-dong, Sangdae-dong, and Wonsinheung-dong, with a typical range of about ₩6.5 million to ₩9.0 million per sqm. The lowest Daejeon price per sqm is usually in Gao-dong, Munhwa-dong, and older Dong-gu or Jung-gu pockets, with a typical range of about ₩3.8 million to ₩4.8 million per sqm.
How have property prices evolved in Daejeon?
Compared with one year ago, Daejeon housing prices in June 2026 are about 3% to 5% higher, with a central estimate near 4% nominal growth. This is because better family apartments in Yuseong-gu and Seo-gu stayed supported by research jobs, schools, and limited new supply.
Compared with two years ago, Daejeon housing prices in 2026 are estimated to be about 5% to 8% higher in nominal terms. The increase was not even across the city, because newer stock and prime western districts performed better than older housing in weaker locations.
By the way, we’ve written a blog article detailing the latest updates on property price variations in South Korea.
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 Daejeon.
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How do prices vary by housing type in Daejeon in 2026?
In Daejeon in 2026, the residential market is estimated to be about 70% apartments, 13% villas or low-rise multifamily homes, 8% residential officetels, 5% detached houses, and 4% new-build apartments or pre-sale units because Korean city housing is strongly apartment-led.
As of June 2026, the average apartment price in Daejeon is about ₩450 million, or $295,000, or €255,000. Villas and low-rise multifamily units average around ₩250 million, or $164,000, or €142,000, while residential officetels average around ₩180 million, or $118,000, or €102,000. Detached houses average around ₩520 million, or $341,000, or €295,000, new-build apartments average around ₩600 million, or $394,000, or €340,000, and large premium apartments average around ₩1.15 billion, or $755,000, or €651,000.
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Daejeon in 2026?
In Daejeon in 2026, newer apartments usually sell for about 15% to 25% more than comparable older homes, with a central estimate around 20%.
This premium exists because Daejeon buyers pay more for better parking, stronger insulation, modern elevators, cleaner common areas, and family-friendly layouts, although an older apartment in a better location can still beat a newer home in a weaker area.
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How do property prices vary by neighborhood in Daejeon in 2026?
In Yuseong-gu, especially Doryong-dong and Juk-dong, buyers mostly find apartments, officetels, and family units linked to KAIST, Daedeok Innopolis, and research employment. As of June 2026, typical homes in this part of Daejeon are around ₩550 million to ₩900 million, or about $361,000 to $591,000, or about €312,000 to €510,000.
In Dunsan-dong and Tanbang-dong, buyers find central apartments, officetels, and older family homes close to services, schools, offices, and metro access. As of June 2026, typical homes in this part of Daejeon are around ₩450 million to ₩850 million, or about $295,000 to $558,000, or about €255,000 to €481,000.
In Wonsinheung-dong, Sangdae-dong, and the Doan area, buyers mostly find newer family apartments with better layouts and a planned-neighborhood feel. As of June 2026, typical homes in this part of Daejeon are around ₩550 million to ₩850 million, or about $361,000 to $558,000, or about €312,000 to €481,000.
You will find a much more detailed analysis by areas in our property pack about Daejeon. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Area in Daejeon | Simple market label | Average price range | Average range per sqm | Average range per sqft |
|---|---|---|---|---|
| Doryong-dong | Research-belt premium | ₩800M to ₩1.5B $525k to $985k |
₩7.5M to ₩9.0M $4,923 to $5,907 |
₩697k to ₩836k $457 to $549 |
| Dunsan-dong | Central, schools, commute | ₩650M to ₩1.2B $427k to $788k |
₩6.8M to ₩8.5M $4,463 to $5,579 |
₩632k to ₩790k $415 to $519 |
| Sangdae-dong | Newer family premium | ₩600M to ₩950M $394k to $624k |
₩6.2M to ₩7.8M $4,070 to $5,119 |
₩576k to ₩725k $378 to $476 |
| Wonsinheung-dong | Doan family area | ₩550M to ₩900M $361k to $591k |
₩6.0M to ₩7.5M $3,938 to $4,923 |
₩557k to ₩697k $366 to $457 |
| Wolpyeong-dong | Central-value area | ₩450M to ₩750M $295k to $492k |
₩5.5M to ₩6.8M $3,610 to $4,463 |
₩511k to ₩632k $335 to $415 |
| Juk-dong | University and research | ₩450M to ₩750M $295k to $492k |
₩5.3M to ₩6.7M $3,479 to $4,398 |
₩492k to ₩623k $323 to $409 |
| Noeun-dong | Established family area | ₩400M to ₩700M $263k to $459k |
₩5.0M to ₩6.2M $3,282 to $4,070 |
₩465k to ₩576k $305 to $378 |
| Tanbang-dong | Central but older | ₩380M to ₩650M $249k to $427k |
₩4.8M to ₩6.0M $3,151 to $3,938 |
₩446k to ₩557k $292 to $366 |
| Jijok-dong | Family commuter area | ₩360M to ₩620M $236k to $407k |
₩4.7M to ₩5.8M $3,085 to $3,807 |
₩437k to ₩539k $287 to $354 |
| Gwanjeo-dong | Value family area | ₩320M to ₩560M $210k to $368k |
₩4.3M to ₩5.4M $2,822 to $3,545 |
₩400k to ₩502k $262 to $329 |
| Munhwa-dong | Affordable central-south | ₩250M to ₩480M $164k to $315k |
₩3.9M to ₩5.0M $2,560 to $3,282 |
₩362k to ₩465k $238 to $305 |
| Gao-dong | Budget entry area | ₩200M to ₩430M $131k to $282k |
₩3.5M to ₩4.6M $2,297 to $3,020 |
₩325k to ₩427k $213 to $280 |
How much more do you pay for properties in Daejeon when you include renovation work, taxes, and fees?
In Daejeon in 2026, a normal buyer should usually add about 4% to 8% on top of the purchase price for taxes, brokerage, registration, moving, and light setup costs.
For a property bought around $200,000, or about ₩305 million, a normal Daejeon buyer may add about ₩15 million to ₩24 million, or about $10,000 to $16,000, for ordinary costs and light work. The final all-in cost would often be around ₩320 million to ₩329 million, or about $210,000 to $216,000.
For a property bought around $500,000, or about ₩762 million, a normal Daejeon buyer may add about ₩38 million to ₩61 million, or about $25,000 to $40,000, before heavier renovation. The final all-in cost would often be around ₩800 million to ₩823 million, or about $525,000 to $540,000.
For a property bought around $1,000,000, or about ₩1.52 billion, a normal Daejeon buyer may add about ₩61 million to ₩122 million, or about $40,000 to $80,000, depending on tax band, brokerage, and property condition. The final all-in cost would often be around ₩1.58 billion to ₩1.65 billion, or about $1.04 million to $1.08 million.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in South Korea.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Daejeon
| Extra expense | Cost type | Estimated cost range in Daejeon |
|---|---|---|
| Acquisition tax and surtaxes | Taxes | Usually about 1.1% to 3.5% of the purchase price for many ordinary residential purchases. For most Daejeon buyers, this can mean about ₩3 million to ₩32 million, or about $2,000 to $21,000. The exact amount depends on price, property type, and buyer situation. |
| Brokerage fee | Fees | A practical range is often about 0.3% to 0.6% of the purchase price. In many Daejeon deals, this can be about ₩1 million to ₩5 million, or about $700 to $3,300. The final amount can sometimes be negotiated below the maximum guide. |
| Legal registration, certificates, and admin | Fees | A normal buyer should budget about ₩500,000 to ₩2 million, or about $300 to $1,300. This covers administrative steps linked to registration and paperwork. The amount is usually small compared with tax and renovation costs. |
| Moving costs | Practical cost | A normal local move can cost about ₩1 million to ₩4 million, or about $700 to $2,600. The price depends on distance, furniture volume, elevator access, and whether packing help is included. Larger family moves can cost more. |
| Light renovation | Renovation | Light work often costs about ₩5 million to ₩20 million, or about $3,300 to $13,100. This can cover paint, small repairs, basic fixtures, and simple interior updates. It is common for older Daejeon apartments. |
| Full interior renovation | Renovation | A full interior renovation can cost about ₩30 million to ₩100 million or more, or about $19,700 to $65,600 or more. This can include flooring, kitchen, bathrooms, wiring, lighting, and built-in storage. Older apartments can need this if the interior has not been updated for many years. |
| Furniture and appliances | Setup | A normal setup budget can be about ₩5 million to ₩25 million, or about $3,300 to $16,400. The low end works for basic furniture and appliances. The high end is more realistic for a full family apartment setup. |
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 Daejeon in 2026 with different budgets?
With $100,000, or about ₩152 million, there is a Daejeon market but it is limited: a small older apartment of 35 to 45 sqm in Gao-dong, an older villa of 40 to 50 sqm in a Dong-gu pocket, or a small existing officetel of 20 to 30 sqm in Tanbang-dong or near a station.
With $200,000, or about ₩305 million, a buyer can look at an older family apartment of 55 to 70 sqm in Munhwa-dong, a compact existing apartment of 50 to 60 sqm in Gwanjeo-dong, or a larger existing villa of 65 to 80 sqm in Jung-gu or Dong-gu.
With $300,000, or about ₩457 million, a buyer can look at a standard existing apartment of 75 to 85 sqm in Noeun-dong, a family apartment of 70 to 84 sqm in Jijok-dong, or an older central apartment of 65 to 80 sqm in Tanbang-dong.
With $500,000, or about ₩762 million, a buyer can target a newer family apartment of 84 to 100 sqm in Wonsinheung-dong, a family apartment of 84 to 100 sqm in Sangdae-dong, or a well-located existing central apartment of 80 to 95 sqm in Dunsan-dong.
With $1,000,000, or about ₩1.52 billion, a buyer can look at a large premium apartment of 130 to 160 sqm in Doryong-dong, a large central family apartment of 120 to 150 sqm in Dunsan-dong, or a large newer apartment of 120 to 150 sqm in Wonsinheung-dong or Sangdae-dong.
With $2,000,000, or about ₩3.05 billion, the Daejeon market becomes narrow because this budget is above normal family-apartment pricing: possible options include a top-end penthouse of more than 180 sqm in Doryong-dong, a large detached home of more than 200 sqm in Yuseong-gu, or two strong family apartments in Dunsan-dong and Yuseong-gu.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in South Korea.
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 Daejeon, 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 used | Why this source is strong | How we used this source |
|---|---|---|
| Ministry of Land, Infrastructure and Transport Actual Transaction Price Disclosure System | This is Korea’s official real estate transaction disclosure system. | We used it as the main anchor for closed residential sale prices in Daejeon. We treated reported sale prices as stronger evidence than asking prices. |
| MOLIT RTDown Actual Transaction System | This portal separates apartments, villas, detached homes, and officetels. | We used it to check differences between residential property types. We also used it to avoid mixing apartments with very different housing goods. |
| Korea Real Estate Board R-ONE | Korea Real Estate Board is Korea’s official national real estate statistics body. | We used it to cross-check Daejeon price direction and market movement. We also used it to compare transaction signals with broader official statistics. |
| Korea Real Estate Board | This public institution produces national real estate statistics and market data. | We used it as an institutional check on the reliability of real estate indicators. We also used it to avoid relying only on private listing portals. |
| KB Real Estate Data Hub | KB Kookmin Bank has one of Korea’s most widely used housing price datasets. | We used it as a market-price cross-check against official transactions. We mainly used it to smooth noisy local transaction samples. |
| KB Financial Group Research Institute | KB research is widely followed by Korean banks, buyers, and market analysts. | We used it to understand the 2026 market context. We focused on supply, lending rules, construction costs, and buyer behavior. |
| HUG private apartment sale-price statistics | HUG is a public housing-finance institution and publishes new-apartment sale-price data. | We used it to estimate the new-apartment premium in Daejeon. We separated new private apartment prices from existing resale apartment prices. |
| KOSIS | KOSIS is Korea’s official statistics portal. | We used it for inflation context and national statistical checks. We used CPI to separate nominal housing price changes from real changes. |
| Ministry of Data and Statistics | The Ministry publishes official Korean statistical releases. | We used the latest CPI release available for the June 2026 writing period. We used it to estimate the inflation-adjusted change in Daejeon housing prices. |
| Bank of Korea | Bank of Korea is Korea’s central bank and a key source for economic context. | We used it as a background check for macro conditions. We did not use it as the main source for local Daejeon property prices. |
| European Central Bank EUR/KRW reference rate | The European Central Bank publishes daily reference exchange rates. | We used it to convert Korean won prices into euros. We rounded euro values because exchange rates and property prices change daily. |
| Wall Street Journal currency market reference | WSJ publishes market currency references used by many financial readers. | We used it as a USD/KRW reference for the June 2026 writing period. We rounded dollar values to keep the article easy to read. |
| Invest Korea brokerage commission guide | Invest Korea is a government-backed investment information platform. | We used it to estimate brokerage fees for residential property purchases. We treated the published figures as guidance because actual broker fees can be negotiated. |
| Daejeon Metropolitan City | This is the official website of the Daejeon city government. | We used it as local context for Daejeon districts, infrastructure, and urban structure. We did not use it as the main source for sale prices. |
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