Daegu, South Korea
Property prices · 2026 · Asia · Price +4.1% vs 2025
Property price trend in Daegu (2024–2026)
Property comparison — cities in South Korea (2026)
Other Asia cities (2026)
Frequently asked questions
How much does property cost in Daegu in 2026?
In Daegu, the average price per sqm in the city centre is KRW 4,941,000, and KRW 3,294,000 outside the centre (2026 data). Prices have risen 9.8% since 2024.
How much is rent in Daegu in 2026?
A 1-bedroom apartment in Daegu rents for approximately KRW 768,600 per month in 2026. A 3-bedroom apartment costs around KRW 1,262,700/month.
Is it better to buy or rent in Daegu?
Renting is generally more cost-effective in Daegu. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.00%.
What are mortgage rates in South Korea in 2026?
The average mortgage rate in South Korea is approximately 4.00% as of 2026. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Daegu changed?
Property prices in Daegu have changed +4.1% vs 2025. Since 2024, prices have increased by 9.8%. Use the year tabs above to compare prices across years.
What is the price per sqm in Daegu?
The average property price per square metre in Daegu city centre is KRW 4,941,000 in 2026. Outside the centre, expect to pay around KRW 3,294,000/sqm.