Kenai, AK Home Values & Market Trends

Real estate market trends reflect that there have been 220 transactions over the past year in Kenai. The median value for residential home transactions that occurred over the previous year is $397,500. The number of current listings in Kenai is 6, and the percentage of properties for sale in the city is 6.00%. Kenai, AK currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 6 properties for sale.

Kenai, AK Real Estate Market Overview

ZipMedian Est. Value
99611

$ 397,500

$ 174/sqft

Housing Market Summary for Kenai, AK

Oct 2023September 2024Change
Median Listing Price$347K$345K-0.58%
Median Sold Price$313.1K$313K-0.02%
Homes For Sale75-28.57%
Homes Sold12715118.90%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Kenai, AK

Kenai home values range from $36,112 to $1,209,340. The median estimated value of a home in Kenai is $397,500. The median list price of a home is 380,000, and the total count of properties in the city is 161.

Foreclosure
There is 1 zips within Kenai, AK; within this zips, the median estimated home value for homes in foreclosure ranges from $732,044 in 99611 to the lowest value of $276,180 in 99611. Foreclosure homes account for 2.00% of properties in Kenai, AK with 99611 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Kenai, AK with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Kenai, AK; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kenai, AK ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Kenai, AK. There is 1 zips within Kenai, AK; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    99611 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Kenai, AK. Auction homes and other auction properties account for 2.48% of all properties in Kenai, AK. There is 1 zips within Kenai, AK; of that zips, the median estimated home value for homes going to auction ranges from $732,044 in 99611 to the lowest value of $276,180 in 99611.
Homes for Sale
Homes and properties that are actively listed for sale account for 3.73% of residential properties in Kenai, AK with 99611 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Kenai, AK; homes for sale in that zips, have a range of median values from $469,669 in 99611 to the lowest value of $275,000 in 99611.
    Sold Homes
    The median value for recently sold homes ranges from $1,209,340 in 99611 to the lowest price of $36,112 in 99611. There is 1 zips within Kenai, AK. 99611 has 150 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 91.30% of properties in Kenai, AK.

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      Guide for Kenai, AK

      Market Reports
      Anchorage Real Estate Rides the Wave of Seasonal Swings: Average Home Prices Crest and Dip Through 2024
      Market Reports
      Anchorage Real Estate Market Report April 2024
      Market Reports
      Anchorage Real Estate Cools Off in Late 2023 Despite Steady Per Square Foot Values
      Colorado
      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      See More Articles
      Anchorage Real Estate Rides the Wave of Seasonal Swings: Average Home Prices Crest and Dip Through 2024
      Market Reports|posted 15 May 2024

      This blog offers a detailed analysis of the real estate trends in Anchorage, Alaska – charting fluctuations in property values, comparing adjacent cities, and examining indicators like foreclosures and auctions.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.

      Anchorage Real Estate Cools Off in Late 2023 Despite Steady Per Square Foot Values
      Market Reports|posted 8 February 2024

      Overview of the Anchorage, Alaska real estate market, highlighting key trends in property value fluctuations, average and median prices, and per-square-foot costs.

      Denver Pre-Foreclosures Rise by 19 Percent in August 2024
      Colorado|posted 3 October 2024

      In August 2024, Denver saw a 15% YoY rise in pre-foreclosures. Aurora had a 71% surge from July. Fort Collins showed stability with just 1 case, while Lakewood doubled YoY. Colorado Springs reported a 10% drop YoY. Each city reveals unique housing dynamics in Colorado.

      Recently Listed Homes Kenai, AK

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