Kenai Peninsula County Housing Market Report May 2025Kenai Peninsula County, Alaska

hero building illustration for mobile

Housing Prices in Kenai Peninsula County, AK

How much do homes in Kenai Peninsula County, 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.
$399,000$186/SqFt
+$24,000
+6.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Kenai Peninsula County has increased by 6.4% since last year.

Summary: The median home list price in Kenai Peninsula County was $399,000 in May 2025, up 6.4% from the previous year, and the median price per square foot was $186.

Median List Price By Counties

Median List Price By Counties
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
Valdez-Cordova County
+34.8%
Anchorage County
+6.5%
Matanuska-Susitna County
+6.5%
Kenai Peninsula County
+6.4%
Kodiak Island County
+5.4%

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.
BedsMay 2024May 2025Change YoY
1$199.9K$215K
+7.6%
2$300K$305K
+1.7%
3$379.5K$399K
+5.1%
4$459.9K$467.4K
+1.6%
5$519.9K$704K
+35.4%

Summary: Kenai Peninsula County housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.6%. The home price for 2 bedroom homes increased by +1.7%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes increased by +35.4%.

How does Kenai Peninsula County, AK compare with other places?

Market comparison tool

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

Kenai Peninsula County, AK

Housing supply in Kenai Peninsula County, AK

How many homes are available in Kenai Peninsula County, 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
394Last MonthMay 2025
3772 months agoApr 2025
+4.5 %
Change MoMApr – May

Summary: The Kenai Peninsula County real estate market had 394 homes for sale in May 2025, a 4.5 % increase compared to Apr 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.
BedsApr 2025May 2025Change MoM
14649
+6.5%
26371
+12.7%
3141147
+4.3%
47067
-4.3%
55760
+5.3%

Summary: Kenai Peninsula County housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +6.5%. The inventory for 2 bedroom homes increased by +12.7%. The inventory for 3 bedroom homes increased by +4.3%. The inventory for 4 bedroom homes decreased by -4.3%. The inventory for 5 bedroom homes increased by +5.3%.

Days on Market for Kenai Peninsula County, AK

How long does it take to sell a home in Kenai Peninsula County, AK?

Breakdown of Home Sale Times

Under 30 Days35 Homes

30 – 90 Days9 Homes

Over 90 Days5 Homes

Insight

Many homes in Kenai Peninsula County are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 49 homes were sold in Kenai Peninsula County; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% 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
109 DaysThis YearMay 2025
140 Days1 year agoMay 2024
-22.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Kenai Peninsula County had an average listing age of 109 days in May 2025, down by 22.5% compared to the previous year.

Newest Listings in Kenai Peninsula County, AK

What homes are available in Kenai Peninsula County, AK?

MLS Disclaimers and Copyright

Based on information from Alaska MLS, for the period 06/01/2023 - 06/01/2025

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: 6/5/2025, 7:40:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.