Jeonse price growth rate of residential houses South Korea 2015-2024

Published by
H. Yoo,
Feb 11, 2025

In 2024, jeonse prices in South Korea increased by around 1.3 percent year-on-year. Jeonse is a unique housing leasing system in South Korea. A large sum is paid to the landlord for the rental period, which is usually two years. The deposit is returned to the tenants at the end of the two-year contract.

Annual jeonse price growth rate of residential houses in South Korea from 2015 to 2024

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Release date

January 2025

Region

South Korea

Survey time period

2015 to 2024

Special properties

December of each year

Supplementary notes

Figures have been rounded.

Based on the December price index of each year. 

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