The F-16 fighter jet crashed into farmland at 9:31am local time in Pyeongtaek, about 70 km south of the capital Seoul, Yonhap news agency reported. The city is where a key military base of the United States Forces Korea (USFK) is located.
One pilot on board the ill-fated combat plane escaped before the crash.
Most of the fighter jet was burned down. A police official was quoted as saying no other damage was reported as there are no private houses near the scene.