$850,000
- 4 bd
- 3 ba
- 2,663 sqft
4555 Craftsman Rd
Kenai Peninsula Borough, AK Housing Market
$348,874
6.6% 1-yrThe average Kenai Peninsula Borough, AK home value is $348,874, up 6.6% over the past year, and homes go to pending in around 30 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Kenai Peninsula Borough Key Takeaways
Typical Home Values: $348,874
1-Year Value Change: +6.6%
(Data through September 30, 2026)
Kenai Peninsula Borough Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 514 ()
New Listings: 111 ()
Median Sale to List Ratio: 0.996 ()
Median Sale Price: $380,700 ()
Median List Price: $434,667 ()
Percent of Sales Over List Price: 26.4% ()
Percent of Sales Under List Price: 47.7% ()
Median Days to Pending: 30 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Cities in Kenai Peninsula Borough
- NameMedian ZHVI
- Ninilchik$214,020
- Clam Gulch$265,184
- Kasilof$298,674
- Anchor Point$262,062
- Diamond Ridge$355,502
- Fox River$241,185
- Homer$430,112
- Kachemak City$525,012
- Soldotna$371,365
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Kenai Peninsula Borough Rental Market Trends
Average Rent: $1,789 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: -0.8% ()
Year-Over-Year Change: 3.7% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Kenai Peninsula Borough, AK?
The median home value in Kenai Peninsula Borough, AK is $348,874 as of September 2026. This represents a 0.0% increase compared to last month and a 6.6% increase year-over-year.
How do home values in Kenai Peninsula Borough, AK compare to Alaska and the national average?
The median home value in Kenai Peninsula Borough, AK ($348,874) compares to Alaska ($397,932) and the U.S. national median ($366,157).
What are the top cities in Kenai Peninsula Borough, AK by home value?
The cities with the highest median home values in Kenai Peninsula Borough, AK include: Kachemak City ($525,012), Cooper Landing ($491,067), Homer ($430,112), Seward ($396,629), Soldotna ($371,365). These cities represent the most expensive areas within the county.
