Coming soon
$5,047 Closing Credit¹
#25-6665, Listing Office: Century 21 Realty Solutions Freedom Branch
Kenai Housing Market Report May 2025•Kenai Peninsula County, Alaska
Housing Prices in Kenai, AK
How much do homes in Kenai, AK cost?
Median List Price
$339,500$155/SqFt
+$9,500
+2.9%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Kenai has increased by 2.9% since last year.
Summary: The median home list price in Kenai was $339,500 in May 2025, up 2.9% from the previous year, and the median price per square foot was $155.
Median List Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Kenai-Cook Inlet | $369.6K | $394.3K | +6.7% |
| Kenai | $330K | $339.5K | +2.9% |
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $212.4K | $199.4K | -6.1% |
| 22 Bedrooms | $290K | $279.7K | -3.5% |
| 33 Bedrooms | $327.7K | $330K | +0.7% |
| 44 Bedrooms | $389.5K | $415K | +6.5% |
| 55+ Bedrooms | $405K | $444.5K | +9.8% |
Summary: Kenai housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -6.1%. The home price for 2 bedroom homes decreased by -3.5%. The home price for 3 bedroom homes increased by +0.7%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes increased by +9.8%.
How does Kenai, AK compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Kenai, AK
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 |
|---|---|---|
| 72Last MonthMay 2025 | ||
| 772 months agoApr 2025 | -6.5 % Change MoMApr – May |
Summary: The Kenai real estate market had 72 homes for sale in May 2025, a 6.5 % decrease compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 5 | -16.7% |
| 22 Bedrooms | 8 | 9 | +12.5% |
| 33 Bedrooms | 38 | 32 | -15.8% |
| 44 Bedrooms | 16 | 18 | +12.5% |
| 55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Kenai housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -16.7%. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes decreased by -15.8%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -11.1%.
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 Days12 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Kenai are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 15 homes were sold in Kenai; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 76 DaysThis YearMay 2025 | ||
| 113 Days1 year agoMay 2024 | -32.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Kenai had an average listing age of 76 days in May 2025, down by 32.9% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Kenai, AK
What homes are available in Kenai, AK?
2 hours on Rocket
#25-6653, Listing Office: Real Estate Brokers of Alaska
1 day on Rocket
$5,700 Closing Credit¹
#25-6590, Listing Office: Elite Real Estate Group Soldotna Branch
1 day on Rocket
$6,234 Closing Credit¹
#25-6561, Listing Office: Jack White Real Estate Soldotna
2 days on Rocket
#25-6543, Listing Office: Alaska Real Estate Network LLC
2 days on Rocket
$3,741 Closing Credit¹
#25-6541, Listing Office: Alaska Real Estate Network LLC
4 days on Rocket
$819 Closing Credit¹
#25-6411, Listing Office: EXP Realty, LLC
6 days on Rocket
$4,216 Closing Credit¹
#25-6299, Listing Office: Elite Real Estate Group Soldotna Branch
$10,000 Closing Credit¹
#25-5994, Listing Office: EXP Realty, LLC
$3,551 Closing Credit¹
#25-5952, Listing Office: Jack White Real Estate Soldotna
$5,615 Closing Credit¹
#25-5820, Listing Office: Jack White Real Estate
#25-5614, Listing Office: Keller Williams Realty Alaska Group of Wasilla
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 06/01/2023 - 06/01/2025
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: 6/3/2025, 7:40:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.