House prices in Gwacheon, Gyeonggi-do, have risen the most in the country in the past year, and it has emerged as the “No. 1 city in terms of growth rate, surpassing Gangnam.” National equilibrium prices continue to be strong, exceeding 3 billion won due to the combination of high-tech enterprise clusters, and large transportation facilities such as GTX, reconstruction and new construction supply.
According to KB Kookmin Bank on the 1st, Gwacheon apartment prices rose 22.7% between September 2024 and October 2025, ranking first in the country's cities, counties, and districts. The rate of increase was higher than Seoul's Gangnam-gu (20.4%) during the same period, and is more than double the Seoul average (9.3%). It was about 7 percentage points higher than Bundang-gu in Seongnam (14.9%), making the 'Gwacheon slum' phenomenon even more obvious.
Actual transaction prices have already entered the “3 billion era.” The 84 square meters exclusive to Gwacheon Prugeo Summit were sold for 2.8 billion won in October, and the PrestierZai (scheduled to move in 2027) occupancy pass was changed to 2.57 billion won in September. The 83 square meters dedicated to Jugong 10 Complex were also traded for 2.8 billion won, and reports have continued to be updated even after the 10·15 real estate measures.
The core driving force behind Gwacheon house prices is definitely Gwacheon Knowledge Information Town, known as the 'second Pangyo'. Demand for high-income professionals is rapidly accumulating as not only IT and game companies, but also large bio companies such as JW Pharmaceutical and Guangdong Pharmaceutical, and companies centered in the fourth industry such as Netmarble move in. The real estate industry estimates that there are already more than 800 companies that are moving in and planning to move in.
This is compounded by huge traffic benefits, adding momentum to the upward trend. The GTX-C line is scheduled to enter Jeongbucheoncheongsa Station and Indeokwon Station, and Wolgok? A stop at Inyuwon Station on the Pangyo Line has also been confirmed. Wirregularities? The expansion of transportation networks such as the Gwacheon Line (planned) and the Isu-Gwacheon Complex Tunnel is also being promoted, and accessibility to Gangnam is expected to be further strengthened. Gwacheon is being reorganized as a 'transportation hub city' connecting the southern part of Seoul and the southern part of the metropolitan area.
Reconstruction is also a factor driving the rise in house prices. Old complexes such as Jugong Complex 5 (Daewoo E&C), Complex 8 and 9 (Hyundai E&C), and Complex 10 (Samsung C&T) are scheduled to be transformed into new apartments through large-scale reconstruction, and the Gyeongma Park Station and Seonbawi Station areas are also about to be developed in the 3rd phase of the new Gwacheon district.
“Harrington Square Gwacheon” is scheduled to be sold in the 5th commercial block of Gwacheon Knowledge Information Town during the year, and a scarce supply of new construction is also expected to be added.
