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County Overview

Kenai Peninsula Borough, AK

Aggregate real estate market report across county ZIPs
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Kenai Peninsula Borough, AK real estate market currently shows 456 active listings, with 118 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 58 days last year.

The median listing price has risen 0.6% year-over-year, from $450,000 to $452,500.

Whether you are buying or selling in Kenai Peninsula Borough, AK, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 59,235  ·  Density: 13.5/mi²  ·  Median household income: $76,539

Typical home value: $274,207  ·  Homeownership: 76.3%

Included Areas

Anchor Point: 99556

Clam Gulch: 99568

Cooper Landing: 99572

Homer: 99603

Hope: 99605

Kasilof: 99610

Kenai: 99611

Moose Pass: 99631

Nikiski: 99635

Ninilchik: 99639

Seldovia: 99663

Seward: 99664

Soldotna: 99669

Sterling: 99672

Area Map

Market Overview

Active Listings
456
⇧ 5.8% vs 431 last year
Pending
118
26% pending ratio
Median Price
$452,500
⇧ 0.6% vs $450,000 last year
Average Price
$648,670
⇧ 0.1% vs $648,272 last year
Days on Market
40
⇩ 31% vs 58 days last year

Price Per Square Foot

Median $/sqft
$289
⇧ 3.6% vs $279/sqft last year
Median Home Size
1,663 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 22.3% vs 0.2% last year
Price Increased
0%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %