Buam 1(il)-dong Property Prices in Busan 2026
Our Verdict
"The Grid"
With a median of ₩4800000/m², Buam 1-dong falls into our classification of THE_GRID—it’s functional, predictable, and lacks the speculative frenzy of coastal Busan. You are essentially paying for the convenience of being on the edge of the city’s business core, which makes the investment outlook stable rather than high-growth. It's a solid mid-tier choice if you value utility over prestige, though the 1 neighborhood-specific data points suggest the market is currently tight with little movement.
The Vibe:This is a hilly, practical residential zone where the traffic noise of Gaya-daero meets the quiet of older, winding alleys. The crowd is a mix of long-term residents and office workers who want a 10-minute commute to Seomyeon via Line 2 without paying Seomyeon central premiums. Physical reality here means dealing with steep inclines and the massive, green shadow of the nearby Busan Citizens Park.
The median property price in Buam 1(il)-dong, Busan is ₩4,800,000 per m², 9% below the Busan city average of ₩5300000/m². Based on 1 verified sale data points as of February 2026.
Market Median · Buam 1(il)-dong
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Neighborhood Peers
Quick Estimate
Buam 1(il)-dong @ ₩4,800,000/m²
District Highlights
Locals Ask
Is the ₩6,500,000/m² peak price worth it for this area?
Only for high-floor units with an unobstructed view of Citizens Park; otherwise, you're paying top-tier prices for a mid-tier neighborhood.
What is the parking situation like in the villa zones?
It is a nightmare; if you don't have a designated spot in a newer complex, expect to fight for space on narrow, sloped streets.
How does the topography affect m² stats here?
There is a clear 'altitude discount' where prices drop significantly as you move further up the hill away from the main road.
Is there any genuine investment upside in Buam 1-dong?
The investment outlook is tied to Seomyeon's overflow; as long as the city center is priced out, these fringe spots remain in demand.
Are the older apartments worth a look?
Only if you have a budget for a full renovation, as many units haven't been updated since the 90s.
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About This Data
Data Sources
Buam 1(il)-dong prices are sourced from real market listings and verified location scans submitted by users in Busan. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.
Methodology
We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (purchase price). The 3/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Busan.
Last Updated
This page was last updated in February 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.