Bugok-dong Property Prices in Ulsan 2026
Our Verdict
"Bougie"
With a median of ₩4200000/m², this area has officially hit BOUGIE status because high-earning engineers are bidding up the limited modern housing stock. It’s an expensive convenience play—you are paying a premium to live five minutes from the office in an area that smells like industry on a windy day. The investment outlook remains tied strictly to the petrochemical sector's performance rather than general urban lifestyle trends.
The Vibe:Bugok-dong is the grit and engine room of Ulsan, dominated by its proximity to the Petrochemical Complex and the heavy industry workforce. You won't find boutique cafes here; instead, it's wide roads, heavy-duty trucks, and practical housing for people who work at the plants. Life here revolves around the Yeocheon-cheon stream and quick access to the industrial ring road for a painless commute.
The median property price in Bugok-dong, Ulsan is ₩4,200,000 per m², 2% above the Ulsan city average of ₩4100000/m². Based on 1 verified sale data points as of June 2026.
Market Median · Bugok-dong
20+ data pointsI Paid
Scroll to share what you pay · anonymous
Quick Estimate
Bugok-dong @ ₩4,200,000/m²
District Highlights
Locals Ask
Why are house prices so high near an industrial zone?
The m² stats are driven by high-income plant managers who value a 5-minute commute over everything else.
Is the neighborhood analysis positive for families?
It's functional, but most families head to nearby Samsan-dong for hagwons and better air quality.
What is the investment outlook for Bugok-dong?
It is a low-volatility 'hold' area where prices are backed by steady industrial demand rather than speculative hype.
Is the ₩5800000/m² peak price justified?
Only for the newest high-rise developments with top-tier air filtration systems and private gym facilities.
How is the parking situation compared to central Ulsan?
Better than the nightmare of old Sinjeong-dong, but the abundance of oversized work SUVs still congests secondary streets.
Nearby in Ulsan
About This Data
Data Sources
Bugok-dong 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 4/5 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.