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Single Family ResidenceResidential
$370,405$387 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

40300 FOREST DR

HOMER, AK 99603
1
Baths
956 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.53 ac
Lot SizeThe size of the land the home sits on, from county records.
2018
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$370K
$340K low$401K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,484 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$301,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$84,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$217,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$301,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$301,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.1
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
1
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
1
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
1
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyKenai Peninsula
Lot (acres)The size of the land the home sits on, from county records.2.53
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Homer Middle SchoolA
Middle · Grades 7–8 · 5.0 mi
H
Homer High SchoolA-
High · Grades 9–12 · 5.5 mi
E
Paul Banks Elementary School
Elementary · Grades PK–2 · 6.2 mi

District: Kenai Peninsula Borough School District

Neighborhood · ZIP 99603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.68
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.0

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.9,896
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,350
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,043
Average tempThe average temperature here across a full year.36°F
Annual precipHow much rain and melted snow falls here in a typical year.27 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.42%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40300 Forest Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 75% of homes in Homer 99603
  • Costs more per square foot than 86% of homes in Kenai Peninsula Borough County
  • Smaller than 72% of homes in Homer 99603
  • Has a bigger lot than 74% of homes in Kenai Peninsula Borough County
  • Newer than 94% of homes in Kenai Peninsula Borough County

What homes are worth in Homer 99603

Each bar is how many homes fall in that price range. The marker is this home.

This home
$167K$1.2M

This home is worth more than 25% of homes in Homer 99603.

How it measures up in Homer 99603

The dot is this home. The mark in the middle is the typical home in Homer 99603.

Estimated value$370,405
CheaperTypical $483,556Pricier

Pricier than 25% of homes nearby

Price per ft²$387
CheaperTypical $315Pricier

Pricier than 75% of homes nearby

Living area956 ft²
SmallerTypical 1,452 ft²Bigger

Bigger than 28% of homes nearby

Lot size2.53 ac
SmallerTypical 1.56 acBigger

Bigger than 68% of homes nearby

Year built2018
OlderTypical 1995Newer

Newer than 92% of homes nearby

How 40300 Forest Dr ranks against every home in each area.
MeasureThis homeHomer 99603Kenai Peninsula Borough County
Estimated valuepricier than$370,40525% of homes45% of homes
Price per ft²pricier than$38775% of homes86% of homes
Living areabigger than956 ft²28% of homes29% of homes
Lot sizebigger than2.53 ac68% of homes74% of homes
Year builtnewer than201892% of homes94% of homes

About 40300 Forest Dr

How much is 40300 Forest Dr, Homer, AK worth?

The TopHap Estimate for 40300 Forest Dr, Homer, AK is $370,405 as of Sep 24, 2026. The likely range is $340,049 to $400,761. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40300 Forest Dr, Homer, AK last sell?

40300 Forest Dr, Homer, AK last sold on Sep 25, 2020, according to the county's recorded deed.

How big is 40300 Forest Dr, Homer, AK?

40300 Forest Dr, Homer, AK has 1 bathrooms, 956 square feet of living space and a 2.53-acre lot.

When was 40300 Forest Dr, Homer, AK built?

40300 Forest Dr, Homer, AK was built in 2018, making it 8 years old. The building has 1 story.

What schools serve 40300 Forest Dr, Homer, AK?

40300 Forest Dr, Homer, AK is assigned to Homer Middle School (middle), rated A; Homer High School (high), rated A-; Paul Banks Elementary School (elementary). All sit in Kenai Peninsula Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40300 Forest Dr, Homer, AK compare to other homes in Homer 99603?

Among the 6,068 homes in Homer 99603, it is worth more than 25% of them ($370,405 against a typical $483,556), its price per square foot is higher than 75% of them ($387 against a typical $315), it is bigger than 28% of them (956 ft² against a typical 1,452 ft²), its lot is bigger than 68% of them (2.53 ac against a typical 1.56 ac) and it is newer than 92% of them (2018 against a typical 1995). Measured against all of Kenai Peninsula Borough County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40300 Forest Dr, Homer, AK?

The 2024 property tax bill for 40300 Forest Dr, Homer, AK was $2,484. The county assessed it at $301,700.

More homes on Forest Dr

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