The story of this market
The typical home in ZIP 99772 sells for about $109,000, or $109 per square foot.
HUD's fair market rent for a two-bedroom is $1,640 a month.
ZIP 99772 — Shaktoolik
The housing market in 99772 is extremely limited with virtually no active MLS listings or sales volume, reflecting its remote, isolated nature. Market conditions are driven by subsistence living and significant environmental risks rather than traditional real estate investment metrics. Most data points regarding active inventory, DOM, and price trends are not determinable due to the lack of a formal, liquid residential market.
This area is primarily suited for residents with deep local ties to the community, as the remote location and environmental challenges make it less suitable for traditional real estate investment or typical commuter buyers.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
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 29.4% · poverty 24.9% — elevated distress and economic pressure.
ZCTA 99772, Shishmaref AK
Shishmaref faces significant environmental challenges due to coastal erosion and climate change, which impact long-term infrastructure and insurance viability.
The local economy is primarily subsistence-based with limited commercial development; infrastructure projects are largely focused on coastal protection and community relocation efforts.
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 rental market is characterized by limited inventory and reliance on HUD Fair Market Rent standards, with a 2-bedroom FMR of $1,640 for FY2027.
The economy is heavily reliant on subsistence activities and public sector services, with very limited private-sector employment opportunities.
Data retrieved from MyTownView and Census ACS 5-year estimates.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.