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Median Home Price in Kenai Peninsula Borough, AK

The median home value in Kenai Peninsula Borough, AK is $351,179 as of 2026-08-31, up 7.45% from a year earlier.

Median Home Value

$351,179

Year-over-Year

+7.45%

National Rank

#642 of 3071

Kenai Peninsula Borough ranks 8th out of 13 counties in AK by median home price, and is +49.4% above the U.S. national median of $235,072. Within AK, the typical county has a median home value of $389,805, making Kenai Peninsula Borough -9.9% below the AK state median.

View Kenai Peninsula Borough on the interactive county map →

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Home value history

The typical home value increased by 1.0%, from $347,751 in May 2026 to $351,179 in Aug 2026.

Kenai Peninsula Borough, AK typical home value from May 2026 to Aug 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Kenai Peninsula Borough, AK monthly home value history
MonthTypical home valueYear-over-year change
May 2026$347,751+8.1%
Jun 2026$350,343+8.3%
Jul 2026$356,795+8.1%
Aug 2026$351,179+7.5%

Can you afford a home in Kenai Peninsula Borough?

Households here earn a median of $80,538 a year against a typical home value of $351,179 — a price-to-income ratio of 4.4×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 73% of U.S. counties. (How this is calculated.)

Crime in Kenai Peninsula Borough

Reporting agencies in Kenai Peninsula Borough recorded a violent crime rate of 196 per 100,000 residents in 2024 — around the middle of the national range. Property crime runs at 1,170 per 100,000.

Based on 4 reporting cities covering 21,451 residents (FBI UCR data — what this covers).

Common questions about Kenai Peninsula Borough

How much does a house cost in Kenai Peninsula Borough, AK?

The median home value in Kenai Peninsula Borough is $351,179. That's up 7.45% from a year earlier. That is about 49.4% above the U.S. national county median of $235,072, and makes Kenai Peninsula Borough the 8th most expensive of 13 counties in Alaska.

Is Kenai Peninsula Borough affordable?

Median household income here is $80,538, so a typical home costs about 4.4× annual household earnings — moderately expensive compared with other U.S. counties.

Is Kenai Peninsula Borough a safe place to live?

Reporting police departments in Kenai Peninsula Borough recorded 196 violent crimes per 100,000 residents. That figure covers 21,451 residents across 4 reporting cities, so it reflects the county's incorporated areas rather than every community within its borders.

Cities in Kenai Peninsula Borough

Homer · Kenai

Counties with similar home prices in AK

Matanuska Susitna Borough · Kodiak Island Borough · Ketchikan Gateway Borough · Petersburg Borough · Haines Borough · Wrangell Borough · North Slope Borough · Fairbanks North Star Borough

See the full ranked list of Alaska counties →