New - 4 hours on Rocket
#25-538, Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Kenai Peninsula County Housing Market Report December 2024•Kenai Peninsula County, Alaska
Housing Prices in Kenai Peninsula County, AK
How much do homes in Kenai Peninsula County, AK cost?
Median List Price
$386,850$188/SqFt
+$24,380
+6.7%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Kenai Peninsula County has increased by 6.7% since last year.
Summary: The median home list price in Kenai Peninsula County was $386,850 in December 2024, up 6.7% from the previous year, and the median price per square foot was $188.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Valdez-Cordova County | $187.7K | $202K | +7.6% |
| Kenai Peninsula County | $362.4K | $386.8K | +6.7% |
| Anchorage County | $388.6K | $412.2K | +6.1% |
| Kodiak Island County | $413.5K | $437K | +5.7% |
| Matanuska-Susitna County | $387.6K | $408.9K | +5.5% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $199.9K | $199.9K | 0.0% |
| 33 Bedrooms | $381K | $373.5K | -2.0% |
| 55+ Bedrooms | $567K | $704K | +24.2% |
| 22 Bedrooms | $289K | $304K | +5.2% |
| 44 Bedrooms | $449.9K | $469.5K | +4.3% |
Summary: Kenai Peninsula County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes decreased by -2.0%. The home price for 5 bedroom homes increased by +24.2%. The home price for 2 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +4.3%.
Housing supply in Kenai Peninsula County, AK
How many homes are available in Kenai Peninsula County, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 302Last MonthDec 2024 | ||
| 3592 months agoNov 2024 | -15.9 % Change MoMNov – Dec |
Summary: The Kenai Peninsula County real estate market had 302 homes for sale in Dec 2024, a 15.9 % decrease compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 44 | 38 | -13.6% |
| 33 Bedrooms | 138 | 107 | -22.5% |
| 55+ Bedrooms | 57 | 58 | +1.8% |
| 22 Bedrooms | 61 | 49 | -19.7% |
| 44 Bedrooms | 59 | 50 | -15.3% |
Summary: Kenai Peninsula County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -13.6%. The inventory for 3 bedroom homes decreased by -22.5%. The inventory for 5 bedroom homes increased by +1.8%. The inventory for 2 bedroom homes decreased by -19.7%. The inventory for 4 bedroom homes decreased by -15.3%.
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 Days27 Homes
30 – 90 Days7 Homes
Over 90 Days11 Homes
Insight
Many homes in Kenai Peninsula County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 45 homes were sold in Kenai Peninsula County; 60% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 151 DaysThis YearDec 2024 | ||
| 170 Days1 year agoDec 2023 | -11.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Kenai Peninsula County had an average listing age of 151 days in Dec 2024, down by 11.6% compared to the previous year.
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Newest Listings in Kenai Peninsula County, AK
What homes are available in Kenai Peninsula County, AK?
New - 4 hours on Rocket
#25-536, Listing Office: AlaskaMLS.com
New - 6 hours on Rocket
#25-534, Listing Office: Jack White Real Estate Soldotna
New - 7 hours on Rocket
$7,066 Closing Credit¹
#25-533, Listing Office: Century 21 Realty Solutions Freedom Branch
New - 7 hours on Rocket
$3,432 Closing Credit¹
#25-527, Listing Office: EXP Realty, LLC
New - 1 day on Rocket
#25-511, Listing Office: Century 21 Realty Solutions Freedom Branch
New - 1 day on Rocket
#25-507, Listing Office: Seward Real Estate Company
New - 1 day on Rocket
#25-492, Listing Office: Jack White Real Estate
New - 1 day on Rocket
#25-488, Listing Office: Jack White Real Estate
New - 2 days on Rocket
$6,472 Closing Credit¹
#25-477, Listing Office: Century 21 Realty Solutions Freedom Branch
New - 2 days on Rocket
#25-466, Listing Office: Jack White Real Estate
New - 2 days on Rocket
$2,730 Closing Credit¹
#25-464, Listing Office: Mossy Oak Properties of Alaska - Soldotna
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: 1/17/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.