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County Overview

Kenai Peninsula Borough, AK

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

Market Analysis

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

The Kenai Peninsula Borough, AK real estate market currently shows 274 active listings, with 81 pending sales. Homes are averaging 143 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 143 days on market compared to 142 days last year.

The median listing price has risen 4.8% year-over-year, from $426,000 to $446,500.

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
274
⇩ 7.7% vs 297 last year
Pending
81
30% pending ratio
Median Price
$446,500
⇧ 4.8% vs $426,000 last year
Average Price
$691,849
⇧ 29.5% vs $534,302 last year
Days on Market
143
⇧ 0.7% vs 142 days last year

Price Per Square Foot

Median $/sqft
$286
⇧ 12.6% vs $254/sqft last year
Median Home Size
1,651 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%
⇩ 5.8% vs 0.1% last year
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 %