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KENAI, AK 99611

Real Estate Market Report  ·  Kenai Peninsula County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The KENAI, AK real estate market (99611) currently shows 65 active listings, with 27 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 36 days on market compared to 51 days last year.

The median listing price has fallen 13.8% year-over-year, from $453,750 to $391,000.

Whether you are buying or selling in KENAI, 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: 15,188  ·  Density: 11.1/mi²  ·  Median household income: $72,608

Typical home value: $280,657  ·  Homeownership: 72.1%

Market Overview

Active Listings
65
⇧ 14% vs 57 last year
Pending
27
42% pending ratio
Median Price
$391,000
⇩ 13.8% vs $453,750 last year
Average Price
$474,671
⇩ 14.9% vs $557,509 last year
Days on Market
36
⇩ 29.4% vs 51 days last year

Price Per Square Foot

Median $/sqft
$257
⇩ 4.1% vs $268/sqft last year
Median Home Size
1,627 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 57 last year
  • Days on market: 36 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $391,000 (-13.8% YoY)
  • Average: $474,671 (-14.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 83.8 miles — 359 listings ($226,434,033 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99611Kenai, AK 996110.0 mi53$27,157,942$356,500$512,414
99669Soldotna, AK 9966923.3 mi55$34,684,815$485,000$630,633
99610Kasilof, AK 9961034.1 mi5$5,139,000$750,000$1,027,800
99502Anchorage, AK 9950241.6 mi52$35,686,040$598,425$686,270
99518Anchorage, AK 9951844.0 mi19$6,311,344$295,000$332,176
99516Anchorage, AK 9951645.1 mi60$58,645,860$909,450$977,431
99508Anchorage, AK 9950847.6 mi42$13,115,256$270,600$312,268
99639Ninilchik, AK 9963954.4 mi13$19,415,500$248,750$1,493,500
99652Big Lake, AK 9965261.9 mi16$11,645,424$496,500$727,839
99694Houston, AK 9969469.6 mi4$1,518,532$415,000$379,633
99688Willow, AK 9968883.8 mi40$13,114,320$250,000$327,858

Frequently Asked Questions

How many homes are for sale in KENAI, AK 99611?

As of April 2026, there are 65 active listings in KENAI, AK (zip code 99611), compared to 57 the prior year.

What is the median home price in KENAI, AK 99611?

The median listing price in KENAI, AK 99611 is $391,000 as of April 2026, a 13.8% decrease from $453,750 the prior year.

How long do homes stay on the market in KENAI, AK?

Homes in KENAI, AK 99611 spend an average of 36 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in KENAI, AK 99611?

Based on current inventory and days-on-market data as of April 2026, KENAI, AK 99611 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 36 days on market compared to 51 days last year.

How much can I save on real estate commission in KENAI, AK?

With SELL123.com's maximum 3% commission, sellers in KENAI, AK 99611 save an estimated $7,820 compared to a typical 5% commission on the median listing price of $391,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.