약사동 Property Prices in Ulsan 2026
Our Verdict
"The Grid"
At a median of ₩5,500,000/m², you are paying for proximity to the public sector jobs without the premium Nam-gu price tag. The 3.0 rating lands this area squarely in THE_GRID; it's reliable and mid-tier, but lacks the explosive Investment outlook of emerging districts. Paying near the ₩8,200,000/m² ceiling is only justifiable if you're securing a prime unit in a brand-name complex like the local Raemian or I-Park.
The Vibe:This is a functional residential zone where the atmosphere is dominated by families and workers from the nearby Innovation City. The daily rhythm is dictated by the school run near Yaksa High School and the heavy flow of commuters hitting Bukbu-sunhwan-ro. It lacks the flash of Nam-gu, focusing instead on dense apartment living and a high concentration of private academies.
The median property price in 약사동, Ulsan is ₩5,500,000 per m², 34% above the Ulsan city average of ₩4100000/m². Based on 1 verified sale data points as of June 2026.
Market Median · 약사동
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Quick Estimate
약사동 @ ₩5,500,000/m²
District Highlights
Locals Ask
Is the ₩8.2m/m² price point a rip-off?
Usually yes, unless it’s a high-floor unit in a post-2015 apartment build with guaranteed parking.
How is the public transport to Nam-gu?
There is no rail, so you are at the mercy of the bus lines crossing the Samho Bridge or Ulsan Bridge.
What is the biggest downside to the older villa areas?
Parking is an absolute nightmare after 7 PM once everyone returns from the industrial complexes.
Does 약사동 have good resale value?
The m² stats show high stability, making it a safe 'THE_GRID' hold rather than a quick flip.
Are there enough green spaces?
The Yaksa-cheon path is decent for a jog, but it's purely functional rather than a destination park.
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About This Data
Data Sources
약사동 prices are sourced from real market listings and verified location scans submitted by users in Ulsan. 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 Ulsan.
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.