43 minutes on Rocket
#25-7955, Listing office: Kachemak Keller Williams Realty Alaska Group
Kenai Peninsula County Housing Market Report May 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
$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
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Valdez-Cordova County | $199.9K | $269.5K | +34.8% |
| Anchorage County | $398.9K | $425K | +6.5% |
| Matanuska-Susitna County | $398.9K | $425K | +6.5% |
| Kenai Peninsula County | $375K | $399K | +6.4% |
| Kodiak Island County | $427K | $450K | +5.4% |
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $199.9K | $215K | +7.6% |
| 22 Bedrooms | $300K | $305K | +1.7% |
| 33 Bedrooms | $379.5K | $399K | +5.1% |
| 44 Bedrooms | $459.9K | $467.4K | +1.6% |
| 55+ Bedrooms | $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
| Last Month | 2 months ago | Change 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
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 46 | 49 | +6.5% |
| 22 Bedrooms | 63 | 71 | +12.7% |
| 33 Bedrooms | 141 | 147 | +4.3% |
| 44 Bedrooms | 70 | 67 | -4.3% |
| 55+ Bedrooms | 57 | 60 | +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
| This Year | 1 year ago | Change 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.
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Newest Listings in Kenai Peninsula County, AK
What homes are available in Kenai Peninsula County, AK?
1 hour on Rocket
$1,009 Closing Credit¹
#25-7951, Listing office: Go North Realty
Coming soon
$2,256 Closing Credit¹
#25-7936, Listing office: Mossy Oak Properties of Alaska - Ninilchik
Coming soon
$6,709 Closing Credit¹
#25-7930, Listing office: Keller Williams Realty Alaska Group
19 hours on Rocket
$1,366 Closing Credit¹
#25-7929, Listing office: Century 21 Realty Solutions Freedom Branch
19 hours on Rocket
#25-7926, Listing office: Better Homes and Gardens Real Estate Dream Makers
19 hours on Rocket
#25-7927, Listing office: Better Homes and Gardens Real Estate Dream Makers
19 hours on Rocket
$3,432 Closing Credit¹
#25-7920, Listing office: Kachemak Keller Williams Realty Alaska Group
Coming soon
$4,269 Closing Credit¹
#25-7907, Listing office: Century 21 Realty Solutions Freedom Branch
21 hours on Rocket
$10,000 Closing Credit¹
#25-7908, Listing office: Jack White Real Estate Soldotna
23 hours on Rocket
$950 Closing Credit¹
#25-7896, Listing office: Coastal Realty
1 day on Rocket
$6,757 Closing Credit¹
#25-7893, Listing office: Story Real Estate
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MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 06/01/2023 - 06/01/2025
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: 6/26/2025, 2:40:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.