Kachemak, AK housing market
The typical Kachemak home is worth about $531,000, up 9.4% in a year, 33% above the Alaska typical home.
Home values, sales, trends and how Kachemak compares with the towns next door — updated as new data is published.
Kachemak at a glance
Typical home value, 2016–2026
Show as a table
| January | Kachemak | Alaska |
|---|---|---|
| 2017 | $302,000 | $285,000 |
| 2018 | $310,000 | $289,000 |
| 2019 | $339,000 | $292,000 |
| 2020 | $361,000 | $317,000 |
| 2021 | $387,000 | $325,000 |
| 2022 | $449,000 | $349,000 |
| 2023 | $450,000 | $359,000 |
| 2024 | $438,000 | $362,000 |
| 2025 | $461,000 | $373,000 |
| 2026 | $517,000 | $387,000 |
| August 2026 | $531,000 | $399,000 |
Kachemak and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Kachemak | $531K | +9.4% | $1,410 | — | $76,750 |
| Homer | $432K | +10% | $1,410 | 81 | $74,449 |
| Diamond Ridge | $361K | +10.3% | $1,400 | — | $87,500 |
| Fritz Creek | — | −2.1%† | $1,410 | — | $89,531 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,410
HUD's Fair Market Rent for a two-bedroom in Kachemak is $1,410 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Kachemak pay a median of $1,185, so moving in tends to cost more than staying put.
Studio $1,070 · 4 bedrooms $2,370
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (99603; Kenai Peninsula Borough, AK), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.