Housing Prices in Kenai Peninsula County, AK

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

Median List Price

$389,400

$194/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$30,285(+8.4%)

Key Takeaway

The list price of homes in Kenai Peninsula County has increased by 8.4% since last year.

Summary: The median home list price in Kenai Peninsula County was $389,400 in November 2024, up 8.4% from the previous year, and the median price per square foot was $194.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199K$199.9K
0.5%
2 $289K$304.9K
+5.5%
3 $379K$377.5K
-0.4%
4 $449.7K$469.5K
+4.4%
5+ $549K$690K
+25.7%

Summary: Kenai Peninsula County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 25.7%.

Median List Price Compared To Nearby Counties

Valdez-Cordova County
+20.6%
Kenai Peninsula County
+8.4%
Anchorage County
+6.8%
Matanuska-Susitna County
+5.4%
Kodiak Island County
+4.6%

Housing Supply in Kenai Peninsula County, AK

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
413355-14.0%

Summary: The Kenai Peninsula County real estate market had 355 homes for sale in November 2024, a 14.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4942
-14.3%
2 7062
-11.4%
3 159130
-18.2%
4 6661
-7.6%
5+ 6960
-13.0%

Summary: The Kenai Peninsula County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 13%.

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

Nov 2023Nov 2024CHANGE
159 Days126 Days-20.7%

Summary: Homes in Kenai Peninsula County had an average listing age of 126 days in Nov 2024, down by 20.7% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Kenai Peninsula County, AK

Nearby Markets to Kenai Peninsula County, AK

What housing markets are near Kenai Peninsula County, AK?