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$5,201 Closing Credit¹
#25-819, Listing Office: Jack White Real Estate Soldotna
Kenai Housing Market Report December 2024•Kenai Peninsula County, Alaska
Housing Prices in Kenai, AK
How much do homes in Kenai, AK cost?
Median List Price
$336,812$158/SqFt
+$29,812
+9.7%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Kenai has increased by 9.7% since last year.
Summary: The median home list price in Kenai was $336,812 in December 2024, up 9.7% from the previous year, and the median price per square foot was $158.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Kenai | $307K | $336.8K | +9.7% |
| Kenai-Cook Inlet | $358.2K | $381.7K | +6.6% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $249.5K | $289K | +15.8% |
| 11 Bedroom | $194.4K | $189K | -2.8% |
| 33 Bedrooms | $310K | $329K | +6.1% |
| 44 Bedrooms | $369.7K | $399.9K | +8.2% |
| 55+ Bedrooms | $397.5K | $422.4K | +6.3% |
Summary: Kenai housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes increased by +15.8%. The home price for 1 bedroom homes decreased by -2.8%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes increased by +6.3%.
Housing supply in Kenai, AK
How many homes are available in Kenai, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 49Last MonthDec 2024 | ||
| 722 months agoNov 2024 | -31.9 % Change MoMNov – Dec |
Summary: The Kenai real estate market had 49 homes for sale in Dec 2024, a 31.9 % decrease compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 10 | 6 | -40.0% |
| 11 Bedroom | 5 | 5 | 0.0% |
| 33 Bedrooms | 40 | 25 | -37.5% |
| 44 Bedrooms | 11 | 7 | -36.4% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Kenai housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -37.5%. The inventory for 4 bedroom homes decreased by -36.4%. The inventory for 5 bedroom homes remained the same.
Days on Market for Kenai, AK
How long does it take to sell a home in Kenai, AK?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Kenai are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in Kenai; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 117 DaysThis YearDec 2024 | ||
| 148 Days1 year agoDec 2023 | -20.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Kenai had an average listing age of 117 days in Dec 2024, down by 20.8% compared to the previous year.
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Newest Listings in Kenai, AK
What homes are available in Kenai, AK?
New - 6 days on Rocket
#25-702, Listing Office: EXP Realty, LLC
#25-605, Listing Office: Mossy Oak Properties of Alaska - Soldotna
#25-603, Listing Office: Mossy Oak Properties of Alaska - Soldotna
$7,066 Closing Credit¹
#25-533, Listing Office: Century 21 Realty Solutions Freedom Branch
$4,382 Closing Credit¹
#25-403, Listing Office: Mossy Oak Properties of Alaska - Wasilla
$1,959 Closing Credit¹
#25-231, Listing Office: Alaska 1st Realty, Inc.
$4,548 Closing Credit¹
#25-226, Listing Office: Century 21 Realty Solutions Freedom Branch
$6,234 Closing Credit¹
#25-222, Listing Office: Better Homes and Gardens Real Estate Dream Makers
$2,115 Closing Credit¹
#25-212, Listing Office: Realhome Services & Solutions, Inc
$4,738 Closing Credit¹
#25-208, Listing Office: Jack White Real Estate Soldotna
$10,000 Closing Credit¹
#25-202, Listing Office: Century 21 Realty Solutions Freedom Branch
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 01/01/2023 - 01/01/2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.