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Advertise here →Kenai, AK · Houses & Market Data
Kenai, Alaska houses and real estate market data.
Houses in Kenai, AK (Kenai Peninsula Borough) — Census median home value $249,400, county listing prices up about 4.6% over the past year. Market data for Kenai houses and the broader area.
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Kenai, AK is in Kenai Peninsula Borough, Alaska — this guide covers houses in Kenai and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,562, with a median household income of $74,907. Census data puts the median value of houses in Kenai at $249,400.
Info from government sites and builders may have provided source info.
Market overview
Kenai housing market
Kenai is in Kenai Peninsula Borough, Alaska. Manifest Census and county price-trend data provide baseline context for houses in Kenai and the surrounding county market.
Median home value (Census ACS)
$249,400
Population (Census ACS)
7,562
Median household income
$74,907
County price trend (2025)
4.56% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Kenai market snapshot
Population
7,562
County
Kenai Peninsula Borough
Median Household Income
$74,907
Median Home Value (city)
$249,400
Median Gross Rent
$1,134/mo
Price Trend (YoY)
+4.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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Advertise here →Why Kenai
What makes Kenai different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Kenai's median home value — across all owner-occupied homes, not just recent sales — at $249,400.
County Price Trend
Kenai Peninsula Borough's FHFA house price index shows a 4.56% annual change in 2025.
Population & Income
Kenai has an estimated population of 7,562 and a median household income of $74,907, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Kenai's Census-reported median home value works out to about 3.3x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Kenai
County guide: Kenai Peninsula Borough — cities, market context, and local resources for the county that includes Kenai.
USAHouses.com also helps visitors looking in nearby Kenai Peninsula Borough and other Alaska communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Salamatof, Ridgeway, Soldotna, Kalifornsky, Nikiski, Sterling, Funny River, Kasilof, Cohoe, Clam Gulch, Point Possession, Ninilchik, Tyonek, Beluga, Cooper Landing, Fox River.
Salamatof market data
Nearby city · ~4.5 mi
Ridgeway market data
Nearby city · ~5.7 mi
Soldotna market data
Nearby city · ~7.1 mi
Kalifornsky market data
Nearby city · ~7.5 mi
Nikiski market data
Nearby city · ~11.3 mi
Sterling market data
Nearby city · ~13.8 mi
Funny River market data
Nearby city · ~15.2 mi
Kasilof market data
Nearby city · ~16.8 mi
Cohoe market data
Nearby city · ~20.6 mi
Clam Gulch market data
Nearby city · ~25.3 mi
Point Possession market data
Nearby city · ~30.5 mi
Ninilchik market data
Nearby city · ~35.3 mi
Tyonek market data
Nearby city · ~37.4 mi
Beluga market data
Nearby city · ~43.4 mi
Cooper Landing market data
Nearby city · ~46.6 mi
Fox River market data
Nearby city · ~46.8 mi
More Alaska cities with market guides: Anchorage, Fairbanks, Juneau city and borough, Badger, Knik-Fairview, College, North Lakes, Tanaina.
Anchorage market data
Same-state city guide
Fairbanks market data
Same-state city guide
Juneau city and borough market data
Same-state city guide
Badger market data
Same-state city guide
Knik-Fairview market data
Same-state city guide
College market data
Same-state city guide
North Lakes market data
Same-state city guide
Tanaina market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Point MacKenzie (~66.5 mi), Susitna (~70.7 mi), Anchorage (~77.3 mi), Big Lake (~77.7 mi), Knik-Fairview (~84.1 mi), Houston (~86.6 mi), Whittier (~87.4 mi), Wasilla (~91.5 mi), Meadow Lakes (~91.5 mi), Skwentna (~91.6 mi), South Lakes (~95.0 mi), Gateway (~96.0 mi), Tanaina (~96.2 mi), Knik River (~96.4 mi), North Lakes (~96.6 mi), Palmer (~100.0 mi).
New construction: Alaska new construction.
Census & home facts
Kenai data from published sources
Population (ACS 2023)
7,562
Median home value (ACS 2023)
$249,400
Median household income (ACS 2023)
$74,907
Median gross rent (ACS 2023)
$1,134
County FHFA annual change (2025)
4.56%
Census place type
city
County
Kenai Peninsula Borough
Land area (Census Gazetteer 2024)
29.14 sq mi
Census GEOID
0238420
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Kenai
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Sky Ridge ↗
Hultquist Homes · Anchorage, Alaska · ~60.7 mi · from $1,325,000
Mainvue Homes At Horizon ↗
MainVue Homes · Blaine, Washington · ~1370.3 mi
Carlsborg Village ↗
Lennar · Sequim, Washington · ~1402.8 mi · from $403,950
Rolling Hills ↗
Lennar · Sequim, Washington · ~1404.8 mi · from $518,400
Madrona Ridge ↗
Lennar · Port Townsend, Washington · ~1412.8 mi · from $461,950
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Common questions
Kenai FAQ
What are houses worth in Kenai, AK?
The Census Bureau's American Community Survey puts the median value of houses in Kenai at $249,400.
How much do houses cost in Kenai, AK?
For owner-occupied houses in Kenai, Census ACS data shows a median value of $249,400. Active listing prices in Kenai Peninsula Borough may differ — see the market snapshot above.
What types of houses are in Kenai, AK?
Kenai houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Kenai Peninsula Borough communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Kenai, AK?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Kenai's population at approximately 7,562.
What's the median rent in Kenai, AK?
The Census ACS estimates median gross rent in Kenai at approximately $1,134 per month.
What is the median household income in Kenai, AK?
Census ACS data puts the median household income in Kenai at approximately $74,907.
Is the Kenai housing market growing?
Kenai Peninsula Borough's FHFA house price index shows a 4.56% annual change in 2025.
Is Kenai, AK affordable relative to income?
Census ACS data puts Kenai's median home value at about 3.3 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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