If You Lived Here--Ichon (이촌)

Ichon is full-size apartment land.

79% of the observable doors are apartments, and the median home is 85㎡.
That's already a very different housing world from most of the Yongsan orbit.

What sticks out to me in this market is the deposit.

Jeonse makes up 57% of the observable market, the highest share in the orbit.
Even when you move to wolse, the median deposit is ₩400M.
That’s not wolse. That’s a ban-jeonse structure, to me.

Also, only 2% of wolse products have deposits below ₩50M.
For comparison, that share is 30% in Hannam, 48% in Hangangno, 63% in Itaewon, and 69% in Huam.

So Ichon isn't simply expensive.
It is capital-heavy.

And that usually signals the neighborhood's housing DNA is deeply residential--rather than urban life-phase housing.

Another thing caught my attention is how little of this apartment central neighborhood seems to be visibly circulating.

Only 85 observable doors across 12,394 households.
That's a 0.69% door-to-household ratio, the lowest in the Yongsan orbit.

Yet what does appear looks active.
Median listing age is only 5 days, and 39% of listings are fresh within three days.

So Ichon gives me almost the opposite impression from Hannam.
Hannam has a lot sitting in view, but not necessarily a lot happening.
Ichon has relatively little sitting in view, but what appears seems to move.

If I were searching here, I'd figure out my capital structure and get it ready.

Ichon feels like a market where there may not be much to discover--but you may need to be ready when the right door opens.

The product isn't mysterious. The opening is scarce.

Click the polygons on the map for detailed notes on each pocket in Ichon.