During the last three decades, South Korean nuclear power plants have discharged about 5,950 tons of spent fuel and the maximum burn-up reached 55 GWd/MTU in 2002. This study was performed to support the development of Korean dry spent fuel storage alternatives. First, we chose V5H-$17{ imes}17$ and KSFA-$16{ imes}16$ as representative domestic spent fuels, considering current accumulation and the future generation of the spent fuels. Examination reveals that their average burn-ups have already increased from 33 to 51 GWd/MTU and from 34.8 to 48.5 GWd/MTU, respectively. Evaluation of the fuel characteristics shows that at the average burn-up of 42 GWd/MTU, the oxide thickness, hydrogen content, and hoop stress ranged from $30{sim}60{mu}m$, 250 ~ 500 ppm, and 50 ~ 75 MPa, respectively. But when burn-up exceeds 55 GWd/MTU, those characteristics can increase up to 100 ${mu}m$, 800 ppm, and 120 MPa, respectively, depending on the power history. These results demonstrate that most Korean spent nuclear fuels are expected to remain within safe bounds during long-term dry storage, however, the excessive hoop stress and hydrogen concentration may trigger the degradation of the spent fuel integrity early during the long-term dry storage in the case of high burn-up spent fuels exceeding 45 GWd/MTU.