About 8km past Pohang Hyeongsan Rotary and Hyeongsangyo Bridge, you will see the entrance to the town of Guryongpo-eup and a tourist map of Guryongpo beside it. In Guryongpo-eup, the Guryongpo Five-Day Market is held on the 3rd, 8th, 13th, 23rd, and 28th of every month. The Five-Day Market is held not only at the market, but also at areas around Changjucheon Stream.
The market first started when a small village was formed around Guryongpo Port. In the 1950s and 60s, when Guryongpo was incorporated into the county of Yeongil-gun, Guryongpo Market flourished because it became the main market of Yeongil-gun County.
Nowadays, thanks to the rows of seafood restaurants inside, the market became even more popular among seafood lovers. The market carries a wide variety of fresh vegetables and produce, herbs, grains, and regional specialties. The seafood at the market is delivered fresh from Guryongpo Port. The squid at Guryongpo Port, which is also the specialty of the market, makes up about 70% of the total catch in Gyeongsangbuk-do. The market is also frequently visited by seafood gourmets for its squid.