While home prices in Seoul's Gangnam, Songpa, and Yongsan districts continued to fall, Gangseo, Dongdaemun, and Yangcheon districts rose.
The Korea Real Estate Board (REB) said in its survey of nationwide weekly apartment price trends for the first week of Mar. 2026 (as of Mar. 2) that apartment sale prices in Seoul rose 0.9% from the previous week. The pace of increase narrowed by 0.2 percentage points, marking a fifth straight week of deceleration.
An official at the Korea Real Estate Board (REB) said, "As some complexes saw discounted listings lead to price-adjusted transactions, while reconstruction-candidate complexes and complexes with good residential conditions rose, localized mixed movements continued and Seoul as a whole increased."
In northern Seoul, Yongsan District fell 0.05%, mainly in Ichon and Sanchon-dong. By contrast, Dongdaemun District (0.20%) rose mainly in areas near subway stations in Jeonnong and Dapsimni-dong; Seongbuk District (0.19%) rose mainly in large complexes in Gireum and Donam-dong; Seongdong District (0.18%) rose mainly in Hawangsimni and Oksu-dong; and Gwangjin District (0.18%) rose mainly in Guui and Gwangjang-dong.
In southern Seoul, Songpa District (-0.09%) fell mainly in large complexes in Sincheon and Jamsil-dong, and Gangnam District (-0.07%) fell mainly in Apgujeong and Daechi-dong. By contrast, Gangseo District (0.23%) rose mainly in small to mid-sized homes in Yeomchang and Naebalsan-dong; Yangcheon District (0.20%) rose mainly in Mok and Sinjeong-dong; and Yeongdeungpo District (0.17%) rose mainly in Singil and Daerim-dong.
Incheon rose 0.02% from the previous week. The greater Seoul area as a whole rose 0.07%. Outside the capital region (0.02%), the five major metropolitan cities rose 0.01%, and Sejong City fell 0.03%. The eight provinces rose 0.02%. Nationwide sale prices rose 0.04% from the previous week.
Nationwide apartment jeonse prices rose 0.07% from the previous week. In Seoul (0.08%), some areas with new move-in supply saw jeonse prices fall, but overall prices rose as rental demand held up mainly in preferred complexes such as those near subway stations and large complexes.
Seongbuk District (0.17%) rose mainly in small to mid-sized homes in Gireum and Jeongneung-dong; Gwangjin District (0.16%) rose mainly in Guui and Jayang-dong; Nowon District (0.15%) rose mainly in areas near subway stations in Sanggye and Junggye-dong; Eunpyeong District (0.14%) rose mainly in large complexes in Eungam and Jingwan-dong; and Seongdong District (0.12%) rose mainly in Eungbong and Oksu-dong.
By contrast, Songpa District (-0.05%) fell mainly in major complexes in Jamsil and Songpa-dong. However, Seocho District (0.20%) rose mainly in Banpo and Jamwon-dong; Gangseo District (0.12%) rose mainly in Deungchon and Hwagok-dong; Yangcheon District (0.11%) rose mainly in reconstruction-candidate complexes in Mok and Sinwol-dong; and Geumcheon District (0.11%) rose mainly in Doksan and Siheung-dong.
Gyeonggi Province rose 0.09% from the previous week and Incheon rose 0.07%, with the greater Seoul area as a whole up 0.09%. Outside the capital region (0.05%), the five major metropolitan cities rose 0.06%, Sejong City rose 0.09%, and the eight provinces rose 0.03%.