Fish species composition in eelgrass bed of Punghwa-ri in Tongyeong, Korea was determined using monthly samples collected by a surf net from November 2010 to October 2011. During the study period, a total of 30 species, 5,511 individuals and 6,933.4 g of fishes were collected. The dominant fish species were Pholis nebulosa, Syngnathus schlegeli, Rudarius ercodes, Pseudoblennius cottoides, Sebastes inermis, and Aulichthys japonicus which accounted for 93.4% of total number of individuals collected. Most fishes collected in the eelgrass bed belong mainly to small fish species or juveniles of large fish species. Eelgrass shoot density reached a peak in April 2011, and then decreased to a minimum in January 2011. The seasonal variation of fish assemblage in an eelgrass bed of Punghwa-ri was correlated to the variations in the water temperature, eelgrass density and biomass, and abundances of major prey organisms.