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Kenai

Kenai

$423,584 Average Value
$222 Average Price per Sq Ft
27 Homes For Sale

Kenai is a city presented in a rural setting

The Kenai Peninsula’s namesake city offers the outdoor adventures often associated with the rugged Alaskan coast and access to day-to-day comforts. “We have so many qualities that are hard to find anywhere else: mountains, ocean, fishing, concerts, et cetera,” says Realtor Jennifer Howell with Jack White Real Estate, who has sold in the area for 10 years. “People truly care about each other; it’s a community, not just a place to live.” As one of the peninsula’s largest cities, residents can work, play and run errands without driving too far from home.

Indoor and outdoor parks supply year-round adventure

Recreation abounds in Kenai throughout all four seasons. Temperatures fall well below freezing in the winter for cross-country skiing and ice fishing, and summer heat reaches about 65 degrees. The Cook Inlet and Kenai River skirt the city’s borders, attracting anglers looking to catch king and sockeye salmon. Boaters can park and launch from a public dock off Bridge Access Road. Mountains and wetlands also encompass the community, bringing striking views of snow-dusted peaks and wildlife ranging from black bears and moose to eagles and trumpeter swans. Smaller recreation spaces include Cunningham Park, which features a boardwalk for bank fishing, and Daubenspeck Family Park, with a reservoir and a dog park. Indoor activities are available at Kenai Recreation Center’s gym and athletic courts, and the Kenai Multi-Purpose Facility has an ice rink, open between October and March.

Housing styles and prices accommodate various preferences

Apart from some condos, manufactured homes and townhouses, the market primarily consists of single-family properties. New Traditional, ranch-style and colonial-inspired houses are common, and the median price is $305,000. Small cabins may start under $100,000, and large acreages can reach $1 million. Many homes sit far off gravel country roads, hidden beneath spruce trees, and others occupy suburban streets with densely packed lots.

Small businesses, dining and shopping along the Kenai Spur Highway

Most commercial development sits off Kenai Spur Highway, with big-box options including Three Bears, a warehouse store for groceries and outdoor equipment, and Safeway. Maggie’s General Store sells Alaska-made products, supplements and produce. Fast-food chains operate alongside independently run spots. Paradiso's is a local pizza restaurant, and Louie’s Steak & Seafood is another popular option, whose rustic dining room spotlights moose heads, bear hides and king salmon mounts.

Activities on the peninsula during every season

The community comes together for traditions throughout the year. Millennium Square, an open space off Frontage Road, hosts numerous events, including the kite festival each summer and the Kenai Fall Pumpkin Festival for hayrides, giveaways and games. Throughout the year, visitors can check out Kenai Old Town, a small district that displays local history. A walk through the area reveals preserved buildings from earlier settlements, like the 19th-century Russian Orthodox Church, bearing onion-domed cupolas shaded in bright blue.

Residents often head to Soldotna for other events, such as concerts at Soldotna Creek Park. “In the summer, there are weekly events in the park,” Howell says. “It’s a great place to spend the day and listen to local bands.” Soldotna also throws the Frozen RiverFest, which celebrates regional breweries with live music, bonfires and beer tastings.

Education through the Kenai Peninsula Borough School District

Children may begin at Mountain View Elementary, which scores a B-minus on Niche. Kenai Middle and Kenai Central High both earn B ratings. High schoolers can choose from various electives, including international relations, journalism and sign language. Kenai Alternative High School is also available for students needing a more individualized curriculum. B-plus-rated Cook Inlet Academy provides private kindergarten through 12th-grade education next door in Soldotna.

Traveling Alaska via plane or car

The Kenai Spur Highway facilitates most travel throughout the peninsula. The highway leads to Soldotna, 11 miles away, where commuters can access Alaska Route 1. Apart from the influx of tourists coming to the beaches during the summer, Howell says traffic is minimal. “You can expect motorhome traffic all summer, but compared to the lower 48, it’s easy,” she says. Residents can hop on Route 1 toward Anchorage, 160 miles northwest, or take a 30-minute commercial or private flight out of the Kenai Municipal Airport.

Grace Pitney
Written By
Grace Pitney

Interested in learning more about homes in this area? Reach out to Randal Work, an experienced agent in this area.

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Kenai Housing Trends

Housing Trends

Median List Price
$335,000
Median Sale Price
$317,000
Median Single Family Sale Price
$324,497
Median 2 Bedroom Sale Price
$115,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
148
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$222

Area Facts

Number of Homes
3,245
Number of Homes for Sale
27
Median Year Built
1983
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,777
Below the national average
1,927
Average 2 Bedroom Size Sq Ft
1,198
Median Lot Size Sq Ft
23,086

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
19''
Average Winter Low Temperature
8°F
Average Summer High Temperature
63°F
Annual Snowfall
27''

Area Factors

Somewhat Bikeable

Bike Score®®

28 / 100

Car-Dependent

Walk Score®®

17 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Kenai