The story of this market
The typical home in ZIP 99753 sells for about $83,900, or $105 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 99753 — Koyuk
The housing market in 99753 is characterized by very low inventory and minimal transaction volume, typical of a remote Alaskan village. Prices remain stable and are largely driven by local economic conditions rather than external market forces. Data for specific metrics like days on market and sales counts are limited due to the small population size.
This area is primarily suited for individuals or families with existing local ties to the community, as the remote location and limited infrastructure present significant challenges for outside investors or commuters.
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 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 15.0% · poverty 38.0% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 99753, Nome Census Area, AK
The area is served by the Bering Strait School District, which provides education to remote communities in the region.
The area faces significant environmental risks including coastal erosion, flooding, and extreme cold, which impact insurance availability and construction costs.
Economic activity is primarily driven by subsistence activities, local government, and public services with limited commercial development.
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 mean travel time to work is approximately 3.4 minutes, reflecting the localized nature of employment within the community.
Recreation is primarily focused on outdoor subsistence activities, including fishing, hunting, and boating in the surrounding wilderness and coastal areas.
The rental market is extremely limited with very low turnover and a high reliance on employer-provided or tribal housing.
The economy is heavily reliant on public sector employment, including the school district and local tribal government, alongside traditional subsistence activities.
Transportation is limited to air travel and seasonal boat or snowmachine transit; there are no road connections to the state highway system.
Infrastructure projects are generally limited to small-scale community improvements and maintenance of essential services.
The Nome Census Area does not have a traditional central appraisal district; assessments are managed at the borough or state level.
The area is served by the Bering Strait School District and regional health corporations.
Property insurance is difficult to obtain and expensive due to the remote location, high cost of construction, and environmental hazards.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Central to local subsistence fishing and transportation.
Provides access to coastal waters for hunting and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.