Is now a good time to buy land in Kenai Peninsula County, Alaska?
Kenai Peninsula County, Alaska is currently a buyer's market with 9.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
9.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 5 | 36 | 83 | 148 |
| 1-2 acres | 5 | 33 | 87 | 171 |
| 2-5 acres | 6 | 29 | 74 | 127 |
| 5-10 acres | 6 | 17 | 35 | 56 |
| 10-20 acres | 1 | 5 | 9 | 18 |
| 20-50 acres | 2 | 7 | 10 | 21 |
| 50-100 acres | - | - | 1 | 2 |
| 100+ acres | 1 | 1 | 2 | 4 |
| TOTAL | 26 | 128 | 301 | 547 |
Kenai Peninsula County, Alaska is currently a buyer's market with 9.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Kenai Peninsula County, Alaska currently has 9.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Kenai Peninsula County, Alaska saw 547 properties sold. In just the last 3 months, 128 properties changed hands.
There are currently 408 active listings in Kenai Peninsula County, Alaska. 75 new listings have hit the market in the last 90 days. The median asking price is $78K.
The current absorption rate in Kenai Peninsula County, Alaska is 10.5% (3-month basis), indicating moderate demand. The top-performing broker in this market is Redoubt Keller Williams Realty Alaska Group.
Land in Kenai Peninsula County, Alaska typically sells within 116 days of listing. The median time on market is 48 days. Properties are moving at a moderate pace in the current buyer's market.
The 3-month absorption rate in Kenai Peninsula County, Alaska is 10.5%. The 12-month rate is 11.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.