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KENAI, AK 99611

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The KENAI, AK real estate market (99611) currently shows 53 active listings, with 21 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 65 days on market compared to 66 days last year.

The median listing price has fallen 12% year-over-year, from $455,700 to $401,100.

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
53
⇩ 3.6% vs 55 last year
Pending
21
40% pending ratio
Median Price
$401,100
⇩ 12% vs $455,700 last year
Average Price
$444,561
⇩ 21% vs $562,466 last year
Days on Market
65
⇩ 1.5% vs 66 days last year

Price Per Square Foot

Median $/sqft
$258
⇧ 10.3% vs $234/sqft last year
Median Home Size
1,620 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 55 last year
  • Days on market: 65 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $401,100 (-12% YoY)
  • Average: $444,561 (-21% 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 March 2026, there are 53 active listings in KENAI, AK (zip code 99611), compared to 55 the prior year.

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

The median listing price in KENAI, AK 99611 is $401,100 as of March 2026, a 12% decrease from $455,700 the prior year.

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

Homes in KENAI, AK 99611 spend an average of 65 days on the market before going under contract, compared to 66 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 March 2026, KENAI, AK 99611 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 66 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 $8,022 compared to a typical 5% commission on the median listing price of $401,100. 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.