New - 21 hours on Rocket
#25-2056, Listing Office: EXP Realty, LLC
Kenai Housing Market Report February 2025•Kenai Peninsula County, Alaska
Housing Prices in Kenai, AK
How much do homes in Kenai, AK cost?
Median List Price
$339,000$168/SqFt
+$29,000
+9.4%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Kenai has increased by 9.4% since last year.
Summary: The median home list price in Kenai was $339,000 in February 2025, up 9.4% from the previous year, and the median price per square foot was $168.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Kenai | $310K | $339K | +9.4% |
| Kenai-Cook Inlet | $358.7K | $387.4K | +8.0% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $194.4K | $199.9K | +2.8% |
| 22 Bedrooms | $265K | $285K | +7.5% |
| 33 Bedrooms | $315K | $329.5K | +4.6% |
| 44 Bedrooms | $379K | $399.9K | +5.5% |
| 55+ Bedrooms | $386.2K | $415K | +7.4% |
Summary: Kenai housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.8%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +4.6%. The home price for 4 bedroom homes increased by +5.5%. The home price for 5 bedroom homes increased by +7.4%.
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 |
|---|---|---|
| 59Last MonthFeb 2025 | ||
| 582 months agoJan 2025 | +1.7 % Change MoMJan – Feb |
Summary: The Kenai real estate market had 59 homes for sale in Feb 2025, a 1.7 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 7 | 8 | +14.3% |
| 33 Bedrooms | 29 | 26 | -10.3% |
| 44 Bedrooms | 8 | 13 | +62.5% |
| 55+ Bedrooms | 12 | 10 | -16.7% |
Summary: Kenai housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes decreased by -10.3%. The inventory for 4 bedroom homes increased by +62.5%. The inventory for 5 bedroom homes decreased by -16.7%.
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 Days5 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Many homes in Kenai are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 9 homes were sold in Kenai; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 99 DaysThis YearFeb 2025 | ||
| 121 Days1 year agoFeb 2024 | -18.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Kenai had an average listing age of 99 days in Feb 2025, down by 18.7% compared to the previous year.
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Newest Listings in Kenai, AK
What homes are available in Kenai, AK?
New - 1 day on Rocket
#25-2050, Listing Office: Jack White Real Estate Soldotna
New - 2 days on Rocket
#25-1979, Listing Office: Jack White Real Estate Kenai
New - 5 days on Rocket
#25-1872, Listing Office: Seward Real Estate Company
New - 7 days on Rocket
$4,333 Closing Credit¹
#25-1763, Listing Office: Alaska 1st Realty, Inc.
New - 7 days on Rocket
$8,431 Closing Credit¹
#25-1762, Listing Office: Alaska 1st Realty, Inc.
#25-1638, Listing Office: Alaska Real Estate Network LLC
$10,000 Closing Credit¹
#25-1639, Listing Office: Century 21 Realty Solutions Freedom Branch
$1,663 Closing Credit¹
#25-1588, Listing Office: RMG Real Estate
$10,000 Closing Credit¹
#25-1487, Listing Office: Jack White Real Estate Soldotna
$6,353 Closing Credit¹
#25-1469, Listing Office: Redoubt Keller Williams Realty Alaska Group
$5,281 Closing Credit¹
#25-1421, Listing Office: EXP Realty, LLC
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 03/01/2023 - 03/01/2025
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: 3/3/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.