Kenai, AK is a great place to live with its housing median value of $292,900, which is much lower than the US House Median Value of $338,100. This makes it a great choice for those looking into home ownership. Furthermore, the 1 year house appreciation in Kenai, AK has been 11.27%, higher than the US house appreciation rate of 8.27%, indicating a positive trend in potential financial returns on investments in Kenai real estate. With this in mind and all the other benefits of living in Kenai AK, it's easy to see why so many people are choosing to make this area their home.
The median home cost in Kenai is $292,900. Home appreciation the last 10 years has been 60.6%. Home Appreciation in Kenai is up 14.0%.
Average Age of Homes
- The median age of Kenai real estate is 36 years old
The Rental Market in Kenai
- Renters make up 37.8% of the Kenai population
- 2.9% of houses and apartments in Kenai, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.