11 minutes on Rocket
#25-4590, Listing Office: Alaska 1st Realty, Inc.
Kenai Peninsula County Housing Market Report March 2025•Kenai Peninsula County, Alaska
Housing Prices in Kenai Peninsula County, AK
How much do homes in Kenai Peninsula County, AK cost?
Median List Price
$395,000$192/SqFt
+$23,000
+6.2%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Kenai Peninsula County has increased by 6.2% since last year.
Summary: The median home list price in Kenai Peninsula County was $395,000 in March 2025, up 6.2% from the previous year, and the median price per square foot was $192.
Median List Price By Counties
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Valdez-Cordova County | $234.9K | $262K | +11.5% |
| Matanuska-Susitna County | $390K | $419.1K | +7.4% |
| Anchorage County | $394.7K | $419.5K | +6.3% |
| Kenai Peninsula County | $372K | $395K | +6.2% |
| Kodiak Island County | $415K | $439K | +5.8% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $210K | $199.9K | -4.8% |
| 22 Bedrooms | $299K | $339K | +13.4% |
| 33 Bedrooms | $385K | $381.5K | -0.9% |
| 44 Bedrooms | $459.9K | $455.1K | -1.1% |
| 55+ Bedrooms | $544.5K | $699K | +28.4% |
Summary: Kenai Peninsula County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.8%. The home price for 2 bedroom homes increased by +13.4%. The home price for 3 bedroom homes decreased by -0.9%. The home price for 4 bedroom homes decreased by -1.1%. The home price for 5 bedroom homes increased by +28.4%.
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
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 346Last MonthMar 2025 | ||
| 3032 months agoFeb 2025 | +14.2 % Change MoMFeb – Mar |
Summary: The Kenai Peninsula County real estate market had 346 homes for sale in Mar 2025, a 14.2 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 29 | 34 | +17.2% |
| 22 Bedrooms | 54 | 60 | +11.1% |
| 33 Bedrooms | 112 | 124 | +10.7% |
| 44 Bedrooms | 52 | 62 | +19.2% |
| 55+ Bedrooms | 56 | 66 | +17.9% |
Summary: Kenai Peninsula County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +17.2%. The inventory for 2 bedroom homes increased by +11.1%. The inventory for 3 bedroom homes increased by +10.7%. The inventory for 4 bedroom homes increased by +19.2%. The inventory for 5 bedroom homes increased by +17.9%.
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 Days22 Homes
30 – 90 Days9 Homes
Over 90 Days24 Homes
Insight
Most homes in Kenai Peninsula County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 55 homes were sold in Kenai Peninsula County; 40% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 139 DaysThis YearMar 2025 | ||
| 151 Days1 year agoMar 2024 | -8.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Kenai Peninsula County had an average listing age of 139 days in Mar 2025, down by 8.0% 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?
6 hours on Rocket
$1,781 Closing Credit¹
#25-4555, Listing Office: EXP Realty, LLC
14 hours on Rocket
$10,000 Closing Credit¹
#25-4528, Listing Office: Congress Realty, Inc
15 hours on Rocket
#25-4527, Listing Office: Homer Real Estate
1 day on Rocket
$9,488 Closing Credit¹
#25-4513, Listing Office: Century 21 Realty Solutions Freedom Branch
1 day on Rocket
$2,613 Closing Credit¹
#25-4509, Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Coming soon
$4,334 Closing Credit¹
#25-4501, Listing Office: Century 21 Realty Solutions Freedom Branch
1 day on Rocket
$9,025 Closing Credit¹
#25-4496, Listing Office: RE/MAX of The Peninsula
1 day on Rocket
$4,988 Closing Credit¹
#25-4493, Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Coming soon
$5,522 Closing Credit¹
#25-4480, Listing Office: Jack White Real Estate Soldotna
1 day on Rocket
$5,926 Closing Credit¹
#25-4474, Listing Office: Berkshire Hathaway HomeServices Alaska Realty
1 day on Rocket
#25-4472, Listing Office: Coastal Realty
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MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 04/01/2023 - 04/01/2025
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: 4/24/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.