The story of this market
The typical home in ZIP 99563 sells for about $368,750, or $315 per square foot.
Prices are down 12.72% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,412 a month.
This ZIP has no home sales of its own, so its market figures come from Bethel Census Area, Alaska (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 99563 — Chevak
There is no active residential real estate market data available for ZIP 99563, as it is a remote, subsistence-based community in rural Alaska. Consequently, metrics such as median price, days on market, and inventory are not published. The area is characterized by its isolation and reliance on air and water transport.
This area is primarily suited for residents with deep local ties to the Chevak Cup’ik community, as it is a remote, isolated city with no road access to major employment hubs.
Median prices moved down 12.7% year over year.
Homes spend a median of 55 days on market with 4.0 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 99563, Kusilvak Census Area, Alaska
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alaska) — Municipal Property Tax: Tax is calculated as (Assessed Value - Exemptions) * Mill Rate. Municipalities are authorized to levy taxes and impose liens for enforcement. Exemptions include mandatory state-required exemptions (e.g., for certain residents) and optional local exemptions. State (Alaska) — Mandatory Property Tax Exemptions: Exemption of the first $150,000 of assessed value from municipal property taxation. State (Alaska) — Municipal Property Tax: Tax is calculated by multiplying the assessed value of the property by the local mill rate. State law mandates a mandatory exemption of the first $150,000 of assessed value for senior citizens (65+) and disabled veterans (50%+ service-connected disability). State (Alaska) — Optional Municipal Residential / Homestead Exemption Authorization: Allows municipal taxing bodies to exempt a percentage of the assessed value (commonly up to 20%, often capped at $50,000, as implemented in jurisdictions like Anchorage) for owner-occupied primary residences. State (Alaska) — Statewide Senior Citizen and Disabled Veteran Property Tax Exemption: Mandates that municipalities exempt the first $150,000 of assessed property value from ad valorem taxation. Formula: Taxable Value = Max(0, Assessed Value - $150,000).
Transportation into and out of Chevak is limited to air or water, or regional ice roads.
The local economy is centered on traditional subsistence activities and local government services within the city of Chevak.
Transportation is exclusively by air or water, with no highway connectivity to the Alaska road system.
Data sourced from US Census Bureau and Alaska Demographics by Cubit; specific housing market metrics are not published for this remote ZCTA.