Are home prices going up or down in Kenai Peninsula Borough, AK?

In Kenai Peninsula Borough, AK, the typical home sold for $427,250 during May 2026. That is 26% higher than the same stretch a year ago, so prices are up.

$427,250

Typical sale price

▲ 26% vs last year

$360,000

Three years ago

$252

Per square foot

$426,665

Typical asking price

Over the last 36 months the typical sale price in Kenai Peninsula Borough, AK went from $360,000 to $427,250 — up 19%.

Prices are at their highest point in that three-year window right now.

Measured by size, homes in Kenai Peninsula Borough, AK are selling for about $252 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.

Source: Redfin's published market data for the Kenai Peninsula Borough, AK area, through May 2026.

Typical sale price, month by month.

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Figures come from Redfin's published market data for the Kenai Peninsula Borough, AK area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.