Ninilchik, AK housing market
The typical Ninilchik home is worth about $215,000, about the same as a year ago, 46% below the Alaska typical home.
Home values, sales, trends and how Ninilchik compares with the towns next door — updated as new data is published.
Ninilchik at a glance
Typical home value, 2016–2026
Show as a table
| January | Ninilchik | Alaska |
|---|---|---|
| 2017 | $174,000 | $285,000 |
| 2018 | $173,000 | $289,000 |
| 2019 | $175,000 | $292,000 |
| 2020 | $198,000 | $317,000 |
| 2021 | $209,000 | $325,000 |
| 2022 | $228,000 | $349,000 |
| 2023 | $239,000 | $359,000 |
| 2024 | $228,000 | $362,000 |
| 2025 | $223,000 | $373,000 |
| 2026 | $208,000 | $387,000 |
| August 2026 | $215,000 | $399,000 |
Ninilchik and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Ninilchik | $215K | −0.3% | $1,160 | $55,179 |
| Clam Gulch | $266K | +5.7% | $1,440 | $91,875 |
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 $1,160
HUD's Fair Market Rent for a two-bedroom in Ninilchik is $1,160 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ninilchik pay a median of $1,000, so moving in tends to cost more than staying put.
Studio $870 · 4 bedrooms $1,940
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (99568, 99639; 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.
Recent listings in Ninilchik
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.