Korean word

집값

Pronunciation

Romanizationchipkkap

Meaning

  • nounhouse prices

Example

요즘 집값이 많이 올랐어요.yo jeum chip kkap ssi ma ni ol la sseo yo

House prices have gone up a lot lately.

Illustration for 집값 (house prices)

More examples

집값 상승 때문에 대출이 늘었어요.chip kkap sang seung ttae mu ne tae chu ri neu reo sseo yo

Because of rising house prices, loans have increased.

Core concept

The money a buyer would pay for a home, viewed as a single property or as part of the wider housing market.

Common phrases

  • 집값 상승chip kkap sang seung

    house price increase

  • 집값 안정chip kkap an jeong

    house price stability

  • 집값 폭등chip kkap pok tteung

    house price surge

Similar words

주택값chutaekkkap: The general price level for homes and other residential buildings.
부동산 가격pudongsan kagyeok: The value placed on land, buildings, and related property in the real estate market.
시세sise: The prevailing market price for a product, property, or other asset.
매매가maemaega: The amount agreed on when something is bought or sold.

Definition in Korean

부동산 시장에서 주로 쓰이는 표현으로, 아파트·단독주택 등 주택의 가격 전반이나 개별 매물의 값 모두를 가리킨다.pu dong san si jang e seo chu ro sseu i neun pyo hyeo neu ro a pa teu tan dok jju taek teung chu tae gui ka gyeok cheon ba ni na kae byeol mae mu rui kap mo du reul ka ri kin da

Word origin

집 (jip, "house") and 값 (kkap, "price") form a native Korean compound meaning the price of a home.

Usage tips

  • When this topic comes up in conversation, the area and market conditions often matter as much as the individual home.

Opposites

  • 집값 하락chipkkap harakhouse price declinenoun

Related words

  • 값kappricenoun
  • 값어치kapsseochiworthnoun
  • 값싼kapssancheapadjective

Word lists with this word