The story of this market
The typical home in ZIP 99589 sells for about $150,000, or $125 per square foot.
Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 99589 — Goodnews Bay
The housing market in 99589 is characterized by extremely low transaction volume and limited inventory, typical of a remote Alaskan village. Most figures are not published by major portals due to the lack of MLS activity, and the market is driven by local needs rather than external investment.
This area is primarily suited for residents with deep local ties or those seeking a remote, subsistence-based lifestyle.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 180 days on market with 12.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.0% · poverty 25.0% — elevated distress and economic pressure.
ZCTA 99589, Bethel Census Area, Alaska
The area is subject to remote Alaskan environmental conditions including extreme weather and isolation.
Economic activity is primarily subsistence-based with limited commercial infrastructure.
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).
The area offers significant access to wilderness, fishing, and traditional outdoor activities.
The rental market is extremely limited due to the remote nature of the village.
The local economy is largely driven by subsistence hunting, fishing, and small-scale local services.
Access is primarily via small aircraft or boat; there are no major highway connections.
Assessments are managed by the Bethel Census Area/Borough authorities.
The area is served by the Lower Kuskokwim School District.
Insurance availability is limited due to extreme geographic isolation and high hazard exposure.
Data retrieved from US Census Bureau ZCTA 99589 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A bay of the Bering Sea providing primary access to fishing and marine resources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.