Similar to nearby areas, it's similar compared to the US as a whole. Compared to the city of Kenai, it's close to average.
Home prices
Ninilchik's median home cost is $220,700. This is roughly $2,500 (1%) lower in comparison to nearby areas.Compared to the rest of the country it is approximately $3,200 (1%) higher, and compared to the city of Kenai is roughly $8,400 (3%) lower.
Rents
The median monthly rent in Ninilchik is $592. It is approximately $218 (26%) lower in comparison to the surrounding areas.In comparison to the United States as a whole it is approximately $470 (44%) lower, and is about $358 (37%) lower compared to the city of Kenai.
Nearby places
Cohoe
Cohoe is Ninilchik's neighbor to the north. Housing prices there are a bit less expensive. The median home value in Cohoe is $209,700, which comes out to $11,000 (5%) lower than Ninilchik. Rent there is a little more expensive. Cohoe's median rent is $708 per month, which is $116 (16%) higher than Ninilchik.
Happy Valley
Happy Valley is Ninilchik's neighbor to the southwest. Its housing prices are somewhat less expensive. The price of the median home in Happy Valley is $206,500, which comes out to $14,200 (6%) lower than Ninilchik. Rent there is a lot more expensive. Happy Valley's median monthly rent is $1,102, which works out to $510 (46%) higher than Ninilchik.
Nikolaevsk
Nikolaevsk is roughly 12 miles southwest from Ninilchik. Its real estate prices are a lot less expensive. The median home value in Nikolaevsk is $153,100, which is $67,600 (44%) lower than Ninilchik. Rent there is somewhat less expensive. In Nikolaevsk the median rent is $525 a month, which comes out to $67 (12%) lower than Ninilchik.
Fox River
Fox River is approximately 14 miles southeast of Ninilchik. Real estate prices there are a bit more expensive. The cost of the median home in Fox River is $247,200, which works out to $26,500 (10%) higher than Ninilchik. The rent there is somewhat more expensive. The median rent in Fox River is $825 per month, which works out to $233 (28%) higher than Ninilchik.
Fritz Creek
Fritz Creek is roughly 14 miles south of Ninilchik. Its housing prices are a bit more expensive. Fritz Creek's median home price is $299,500, which is $78,800 (26%) higher than Ninilchik. Rents there are substantially more expensive. In Fritz Creek the median rent is $891 a month, which works out to $299 (33%) higher than Ninilchik.
