Housing Prices in Kenai Peninsula County, AK

How much do homes in Kenai Peninsula County, AK cost?

Median List Price

$380,000

$218/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$29,641(+8.5%)

Key Takeaway

The list price of homes in Kenai Peninsula County has increased by 8.5% since last year.

Summary: The median home list price in Kenai Peninsula County was $380,000 in May 2024, up 8.5% from the previous year, and the median price per square foot was $218.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $172K$199.9K
+16.2%
2 $275K$307K
+11.6%
3 $378.7K$389K
+2.7%
4 $435K$479K
+10.1%
5+ $499K$640K
+28.3%

Summary: Kenai Peninsula County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 28.3%.

Median List Price Compared To Nearby Counties

Kodiak Island County
+11.0%
Kenai Peninsula County
+8.5%
Matanuska-Susitna County
+5.5%
Anchorage County
+5.2%
Valdez-Cordova County
-18.5%

Housing Supply in Kenai Peninsula County, AK

How many homes are available in Kenai Peninsula County, AK?

Number of Homes For Sale

Apr 2024May 2024CHANGE
337377+11.9%

Summary: The Kenai Peninsula County real estate market had 377 homes for sale in May 2024, a 11.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 3139
+25.8%
2 6276
+22.6%
3 133130
-2.3%
4 6880
+17.6%
5+ 4352
+20.9%

Summary: The Kenai Peninsula County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 22.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 20.9%.

Days on Market for Kenai Peninsula County, AK

How long does it take to sell a home in Kenai Peninsula County, AK?

Average Listing Age

May 2023May 2024CHANGE
142 Days100 Days-29.8%

Summary: Homes in Kenai Peninsula County had an average listing age of 100 days in May 2024, down by 29.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Kenai Peninsula County, AK

Nearby Markets to Kenai Peninsula County, AK

What housing markets are near Kenai Peninsula County, AK?