The story of this market
The typical home in ZIP 99679 sells for about $180,000, or $241 per square foot.
Homes take about 214 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,020 a month.
ZIP 99679 — Toksook Bay
The housing market in ZIP 99679 shows limited inventory and high days on market, reflecting a slow-paced, rural environment. Data for specific metrics like price cuts, sales counts, and tax rates are not currently published at the ZIP level. The area maintains a stable population with a low unemployment rate.
This area is suitable for those seeking a remote, scenic lifestyle in Alaska, likely appealing to outdoor enthusiasts and those comfortable with a smaller, isolated community.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 214 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% — a stable, low-distress profile.
ZCTA 99679, Kenai Peninsula Borough, 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).
The average commute time for residents is approximately 8.28 minutes.
The local economy is characterized by a low unemployment rate of 2.83% and a focus on regional services and tourism.
Data retrieved from U.S. Census Bureau and U.S. News Real Estate profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.