What is the median home value in Funny River, AK?

The median value of owner-occupied homes in Funny River, AK is $250,000 (±$109,817), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Funny River, the median home value went from $221,900 in 2015–2019 to $250,000 in 2020–2024 (+12.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$250,000 (±$109,817)
Owner-occupied homes
594 (±151)
Most common range
$300,000 to $499,999

Home values in Funny River

Owner-occupied homes by value, 2020–2024
ValueFunny RiverKenai Peninsula BoroughAlaskaUnited States
Less than $50,00015.3% (±12.1 points)4.9%5.7%5.3%
$50,000 to $99,9999.3% (±6.2 points)3.9%3.7%6.1%
$100,000 to $149,99912.6% (±8.8 points)4.6%3.9%6.8%
$150,000 to $199,9999.3% (±8.0 points)7.6%5.6%9.0%
$200,000 to $299,99913.3% (±11.8 points)23.2%18.9%17.8%
$300,000 to $499,99922.4% (±11.6 points)38.1%41.1%26.9%
$500,000 to $999,99911.4% (±9.9 points)15.3%19.1%20.9%
$1,000,000 or more6.4% (±7.6 points)2.2%1.9%7.1%

The most common range is $300,000 to $499,999, 22.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Funny River against Kenai Peninsula Borough, its state and the nation

Estimate (90% margin of error)
Funny RiverKenai Peninsula BoroughAlaskaUnited States
Median home value$250,000 (±$109,817)$323,200 (±$8,421)$352,900 (±$3,735)$332,700
Owner-occupied homes594 (±151)18,771 (±486)180,833 (±2,019)84,210,142

In Funny River, the median home value is not measurably different from Kenai Peninsula Borough ($323,200).

It is not measurably different from Alaska ($352,900).

It is not measurably different from the national figure ($332,700).

In Kenai Peninsula Borough, Funny River ranks 14 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 70 of 162.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Funny River have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$221,900 (±$101,166)$250,000 (±$109,817)+12.7%No measurable change after inflation
Median owner cost with a mortgage$1,375 (±$535)$1,703 (±$232)+23.9%No measurable change after inflation
Median real estate taxes$1,388 (±$371)$1,836 (±$1,008)+32.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Funny River

Nearest places with a published estimate, compared with Funny River
PlaceDistanceMedian home valueCompared with this place
Funny River—$250,000 (±$109,817)—
Sterling3.9 mi$353,400 (±$39,407)Not measurably different
Ridgeway9.5 mi$303,900 (±$64,945)Not measurably different
Soldotna9.5 mi$306,000 (±$24,182)Not measurably different
Kalifornsky15 mi$336,800 (±$23,312)Not measurably different
Kenai15 mi$283,900 (±$14,096)Not measurably different
Salamatof20 mi$323,300 (±$53,871)Not measurably different
Nikiski22 mi$312,600 (±$53,427)Not measurably different
Cohoe23 mi$242,600 (±$28,728)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Kenai Peninsula Borough, place by place

RankPlaceMedian home value
8Kalifornsky$336,800 (±$23,312)
9Salamatof$323,300 (±$53,871)
10Nikiski$312,600 (±$53,427)
11Soldotna$306,000 (±$24,182)
12Ridgeway$303,900 (±$64,945)
13Kenai$283,900 (±$14,096)
14Funny River$250,000 (±$109,817)
15Cohoe$242,600 (±$28,728)
16Anchor Point$241,600 (±$22,908)
17Seldovia$197,200 (±$67,138)

Showing 10 of 17 places in Kenai Peninsula Borough, ranked from highest to lowest.

Funny River is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Funny River

What is the average home value in Funny River, AK?

The Census Bureau publishes the median: $250,000 (±$109,817) for owner-occupied homes in Funny River (2020–2024 American Community Survey).

Have home values in Funny River gone up?

In Funny River, the median home value went from $221,900 in 2015–2019 to $250,000 in 2020–2024 (+12.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Funny River sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Funny River CDP, Alaska (place:27145, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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