The aim of this paper is to develop indicators for identifying housing demand and to apply ongoing housing development sites. In this analysis, the results implies applicability of housing demand evaluation indicators as policy tool. Twelve housing demand evaluation indicators composed of three aspects with demand triggering factor such as the number of new household, population movement, the ratio of households without homeowner, housing stock conditions factor such as housing supply ratio, unsolded housing units, the number of transaction, affordable housing units, and housing purchasing power factor. The result of empirical analysis on 232 local level administratively showed that 117 local units is not sufficient in housing demand. Specifically, housing demand condition can be divided five grades. First grade is highest housing demand condition. In nationwide, housing demand condition reveals third demand grades among fifth demand grades. For more use as housing policy tool it should be equipped systematical evaluation method, workable operating process, housing statistical data base. Although it is limited in availability, reliability, and accessibility of relevant data, MLTM and KRHIS's biennial Housing Survey can be utilized for building of data.