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Kenai Peninsula Borough, AK Housing Market

$329,183

2.5% 1-yr

The average Kenai Peninsula Borough, AK home value is $329,183, up 2.5% over the past year and goes to pending in around 28 days.

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.

Learn more about the Zillow Home Value Index

Kenai Peninsula Borough Key Takeaways

Typical Home Values: $329,183

1-year Value Change: +2.5%

(Data through August 31, 2025)

Kenai Peninsula Borough Housing Market Overview

--1-year Market Forecast
440For sale inventory(August 31, 2025)
116New listings(August 31, 2025)
0.995Median sale to list ratio(July 31, 2025)
$346,333Median sale price(July 31, 2025)
$436,500Median list price(August 31, 2025)
19.2%Percent of sales over list price(July 31, 2025)
49.9%Percent of sales under list price(July 31, 2025)
28Median days to pending(August 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Nanwalek

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Kenai Peninsula Borough Rental Market Trends

$1,676Average rent in Kenai Peninsula Borough(August 31, 2025)
$2,007National average rent(August 31, 2025)
-0.1%Month-over-month change(August 31, 2025)
--Year-over-year change
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.

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