Kenai-Cook Inlet Housing Market Report February 2025Kenai Peninsula County, Alaska

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Housing Prices in Kenai-Cook Inlet, AK

How much do homes in Kenai-Cook Inlet, AK cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$387,428$194/SqFt
+$28,670
+8.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Kenai-Cook Inlet has increased by 8% since last year.

Summary: The median home list price in Kenai-Cook Inlet was $387,428 in February 2025, up 8% from the previous year, and the median price per square foot was $194.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Ninilchik
+21.6%
Kachemak
+17.2%
Kenai-Cook Inlet
+8.0%
Anchor Point
+7.2%
Homer
+3.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$199.9K$199K
-0.5%
2$296.2K$323.8K
+9.3%
3$379K$371.5K
-2.0%
4$459.9K$452.2K
-1.7%
5$499.4K$699K
+40.0%

Summary: Kenai-Cook Inlet housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.5%. The home price for 2 bedroom homes increased by +9.3%. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes decreased by -1.7%. The home price for 5 bedroom homes increased by +40.0%.

How does Kenai-Cook Inlet, AK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Kenai-Cook Inlet, AK

Housing supply in Kenai-Cook Inlet, AK

How many homes are available in Kenai-Cook Inlet, AK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
278Last MonthFeb 2025
2732 months agoJan 2025
+1.8 %
Change MoMJan – Feb

Summary: The Kenai-Cook Inlet real estate market had 278 homes for sale in Feb 2025, a 1.8 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
12926
-10.3%
24651
+10.9%
3101104
+3.0%
44244
+4.8%
55553
-3.6%

Summary: Kenai-Cook Inlet housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -10.3%. The inventory for 2 bedroom homes increased by +10.9%. The inventory for 3 bedroom homes increased by +3.0%. The inventory for 4 bedroom homes increased by +4.8%. The inventory for 5 bedroom homes decreased by -3.6%.

Days on Market for Kenai-Cook Inlet, AK

How long does it take to sell a home in Kenai-Cook Inlet, AK?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days4 Homes

Over 90 Days13 Homes

Insight

Most homes in Kenai-Cook Inlet are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 28 homes were sold in Kenai-Cook Inlet; 39% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
149 DaysThis YearFeb 2025
160 Days1 year agoFeb 2024
-7.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Kenai-Cook Inlet had an average listing age of 149 days in Feb 2025, down by 7.1% compared to the previous year.

Newest Listings in Kenai-Cook Inlet, AK

What homes are available in Kenai-Cook Inlet, AK?

MLS Disclaimers and Copyright

Based on information from Alaska MLS, and California Regional MLS for the period 03/01/2023 - 03/01/2025

IDXThe 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: 3/14/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.