Transfer of housing wealth is an extensive social and economic phenomenon different from the traditional processes. The purpose of this study is to examine the experiences, plans, and perception of housing wealth transfers among Korean families. Using questionnaire survey, 700 data from the respondents who residing in Seoul and Kyonggi provinces were collected and analyzed for the research purpose. Only a small portion of the respondents had experiences on housing wealth transfer. Most of the respondents showed that they would have a plan to inherit their housing wealth to their spouse and children after their death or the time when children need help from their parent(s). However, perception of babyboomers who were in their age of 40-50s was different from other age groups. Thus, it is important to consider its implications, especially with respect to changing traditional values on housing wealth transfer.