Paldallo 1-ga Property Prices in Suwon-si 2026
Our Verdict
"The Grid"
At a median of ₩6300000/m², you are paying for central location without the perks of modern infrastructure, landing this area firmly in THE_GRID. The Investment outlook is complicated by heavy heritage preservation laws that make significant redevelopment a bureaucratic nightmare. While neighboring Haenggung-dong has seen a wave of hip cafes, Paldallo 1-ga remains stuck in a loop of traditional retail that keeps prices stable but prevents any explosive growth.
The Vibe:This is the gritty commercial soul of Suwon, dominated by the massive stone presence of Paldalmun Gate and the relentless foot traffic of the Nammun Market cluster. You are trading modern residential peace for a reality of narrow alleys, aging storefronts, and the constant hum of the 2-4-6 bus lines. It is a place for people who prioritize heritage and market access over underground parking and quiet nights.
The median property price in Paldallo 1-ga, Suwon-si is ₩6,300,000 per m², 4% below the Suwon-si city average of ₩6575000/m². Based on 1 verified sale data points as of June 2026.
Market Median · Paldallo 1-ga
20+ data pointsI Paid
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Neighborhood Peers
Quick Estimate
Paldallo 1-ga @ ₩6,300,000/m²
District Highlights
Locals Ask
Is parking actually as bad as people say?
Worse—unless you own a building with a private lot, you will be circling for hours or paying high monthly fees at the Nammun public garage.
Can I renovate these older buildings freely?
Hardly. Proximity to the UNESCO fortress means strict height limits and aesthetic codes that will frustrate any modern architectural plans.
Are House Prices here likely to jump soon?
Unlikely. The Neighborhood analysis shows stagnation compared to newer Suwon hubs, as the lack of a nearby subway station limits residential appeal.
What kind of crowd lives here?
It is a mix of multi-generational market vendors and older residents who have held their property for decades.
Why is there such a wide m² stats range?
The ₩8500000/m² peak is for prime commercial frontage on the main road, while the ₩4800000/m² floor represents crumbling residential units in the back alleys.
Nearby in Suwon-si
About This Data
Data Sources
Paldallo 1-ga prices are sourced from real market listings and verified location scans submitted by users in Suwon-si. 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 Suwon-si.
Last Updated
This page was last updated in June 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.