The housing market in Kenai Peninsula, AK County is thriving. The median value for homes in the county is currently $321,800, which is slightly lower than the US median value of $338,100. In the past year, house appreciation in Kenai Peninsula has been strong at 10.53%, significantly higher than the US average of 8.27%. This trend points to a vibrant and healthy housing market in this Alaska county. As more people move into the area, it's likely that these numbers will continue to rise.
The median home cost in Kenai Peninsula Borough County is $321,800. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Kenai Peninsula Borough County is up 13.7%.
Average Age of Homes
- The median age of Kenai Peninsula Borough County real estate is 30 years old
The Rental Market in Kenai Peninsula Borough County
- Renters make up 18.9% of the Kenai Peninsula Borough County population
- 1.2% of houses and apartments in Kenai Peninsula Borough County, 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.