Average assessment value in Busan, South Korea

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Assessment value description

The most recent official assessed value of this property.

This is usually the value property taxes are calculated on, and it may differ from current market value. Check the assessment year field to see when this value was determined.

In South Korea this is the official price the Ministry of Land, Infrastructure and Transport sets every 1 January on each flat, row house and multi household house, the base of the property tax. A detached house among the Ministry's standard houses takes its standard house price, and other detached houses have no value here.

Average assessment value for residential properties in Busan

MedianMeanMode
₩143,000,000
From 1,149,199 homes
₩203,273,888
From 1,149,199 homes
-

Data updated November 14, 2026

Average assessment value for residential for cities in Busan

LocationMedianMeanMode
Buk-gu
₩120,000,000
From 103,663 homes
₩153,271,457
From 103,663 homes
-
Busanjin-gu
₩140,000,000
From 135,320 homes
₩173,171,857
From 135,320 homes
-
Dong-gu
₩120,000,000
From 22,935 homes
₩167,794,984
From 22,935 homes
-
Dongnae-gu
₩220,000,000
From 92,267 homes
₩268,124,091
From 92,267 homes
-
Gangseo-gu
₩210,000,000
From 44,333 homes
₩230,514,213
From 44,333 homes
-
Geumjeong-gu
₩128,000,000
From 70,176 homes
₩177,042,798
From 70,176 homes
-
Gijang-gun
₩134,000,000
From 62,111 homes
₩152,656,734
From 62,111 homes
-
Haeundae-gu
₩234,000,000
From 134,836 homes
₩335,207,691
From 134,836 homes
-
Jung-gu
₩54,500,000
From 11,559 homes
₩73,224,183
From 11,559 homes
-
Nam-gu
₩143,000,000
From 91,783 homes
₩229,901,216
From 91,783 homes
-

All cities in Busan