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Kenai Peninsula Housing Market, AK

Last updated May 2026

As of the latest data, the typical home in Kenai Peninsula is valued around $348K, up 8.1% over the past 12 months. The market is home to roughly 60K residents. Looking ahead, Curb Report's 12-month price forecast points to above-average outlook, housing crash risk is moderate, rental cap rates run below market median, the overall Investment Score grades average. Below you'll find Kenai Peninsula's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.

Median home value

$348K

1-year growth

+8.1%

Population

60K

12-mo forecast

Above-average outlook

Crash risk

Moderate

Cap rate

Below market median

Worried about a downturn? Is Kenai Peninsula, AK going to crash?

Kenai Peninsula housing market FAQ

Is now a good time to buy in Kenai Peninsula?

Curb Report's 12-month price forecast for Kenai Peninsula currently points to above-average outlook, with moderate housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.

What is the housing crash risk in Kenai Peninsula?

Kenai Peninsula's housing crash risk is currently moderate, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.

What is the median home price in Kenai Peninsula?

The typical home value in Kenai Peninsula is about $348K, up 8.1% over the past year. Explore the full price history and 12-month forecast on Curb Report.

Is Kenai Peninsula a good place to invest in rental property?

In Kenai Peninsula, rental cap rates run below market median and the overall Investment Score grades average. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.

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