3 days on Rocket
$3,741 Closing Credit¹
#25-8010, Listing office: Elite Real Estate Group Soldotna Branch
Sterling Housing Market Report May 2025•Kenai Peninsula County, Alaska
Housing Prices in Sterling, AK
How much do homes in Sterling, AK cost?
Median List Price
$419,000$163/SqFt
+$39,000
+10.3%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Sterling has increased by 10.3% since last year.
Summary: The median home list price in Sterling was $419,000 in May 2025, up 10.3% from the previous year, and the median price per square foot was $163.
Median List Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Sterling | $380K | $419K | +10.3% |
| Kenai-Cook Inlet | $369.6K | $394.3K | +6.7% |
| Cooper Landing | $505K | $502.2K | -0.5% |
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $289.4K | $227.7K | -21.3% |
| 22 Bedrooms | $339.5K | $277.5K | -18.3% |
| 33 Bedrooms | $372.2K | $399K | +7.2% |
| 44 Bedrooms | $542K | $587.2K | +8.3% |
| 55+ Bedrooms | $969.5K | $668.9K | -31.0% |
Summary: Sterling housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -21.3%. The home price for 2 bedroom homes decreased by -18.3%. The home price for 3 bedroom homes increased by +7.2%. The home price for 4 bedroom homes increased by +8.3%. The home price for 5 bedroom homes decreased by -31.0%.
How does Sterling, AK compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Sterling, AK
Housing supply in Sterling, AK
How many homes are available in Sterling, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthMay 2025 | ||
| 262 months agoApr 2025 | -7.7 % Change MoMApr – May |
Summary: The Sterling real estate market had 24 homes for sale in May 2025, a 7.7 % decrease compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 12 | 13 | +8.3% |
| 44 Bedrooms | 4 | 1 | -75.0% |
| 55+ Bedrooms | 4 | 6 | +50.0% |
Summary: Sterling housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes decreased by -75.0%. The inventory for 5 bedroom homes increased by +50.0%.
Days on Market for Sterling, AK
How long does it take to sell a home in Sterling, AK?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Many homes in Sterling are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 5 homes were sold in Sterling; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 81 DaysThis YearMay 2025 | ||
| 107 Days1 year agoMay 2024 | -24.4 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Sterling had an average listing age of 81 days in May 2025, down by 24.4% compared to the previous year.
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Newest Listings in Sterling, AK
What homes are available in Sterling, AK?
3 days on Rocket
$7,006 Closing Credit¹
#25-8005, Listing office: Redoubt Keller Williams Realty Alaska Group
3 days on Rocket
$5,344 Closing Credit¹
#25-7984, Listing office: Redoubt Keller Williams Realty Alaska Group
3 days on Rocket
$4,156 Closing Credit¹
#25-7975, Listing office: Redoubt Keller Williams Realty Alaska Group
4 days on Rocket
$6,709 Closing Credit¹
#25-7930, Listing office: Keller Williams Realty Alaska Group
4 days on Rocket
$1,366 Closing Credit¹
#25-7929, Listing office: Century 21 Realty Solutions Freedom Branch
5 days on Rocket
$4,263 Closing Credit¹
#25-7860, Listing office: Jack White Real Estate Kenai
$10,000 Closing Credit¹
#25-7449, Listing office: Century 21 Realty Solutions Freedom Branch
Tour
$4,976 Closing Credit¹
#25-7262, Listing office: Better Homes and Gardens Real Estate Dream Makers
$6,519 Closing Credit¹
#25-7125, Listing office: RE/MAX Dynamic Properties
#25-6727, Listing office: Berkshire Hathaway HomeServices Alaska Realty
$3,135 Closing Credit¹
#25-6712, 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 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: 6/29/2025, 11:40:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.