The story of this market
The typical home in ZIP 99789 sells for about $150,000, or $185 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 99789 — Nuiqsut
The housing market in 99789 is extremely thin and non-traditional, characterized by very low transaction volume and a reliance on local industry employment. Most housing is not traded on the open market, making standard metrics like days on market and price cuts largely inapplicable. The figures provided are estimates based on limited local activity and census data.
This area is primarily for local residents and workers in the North Slope energy sector; it is not a conventional residential market for outside investors or commuters.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 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 8.0% · poverty 12.0% — a mixed stability profile.
ZCTA 99789, North Slope Borough, AK
The area is subject to extreme Arctic weather conditions and permafrost-related infrastructure challenges.
Economic activity is primarily driven by the oil and gas industry on the North Slope.
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).
Recreation is primarily focused on traditional subsistence activities, including hunting and fishing in the surrounding Arctic tundra.
The rental market is extremely limited due to the remote nature of the village and reliance on employer-provided housing.
The economy is heavily dependent on the oil and gas industry, specifically operations related to the Alpine oil field.
Access is primarily via bush plane or seasonal ice roads; there is no conventional highway connectivity.
The North Slope Borough Assessor manages property valuations for the region.
The area is served by the North Slope Borough School District.
Property insurance is difficult to obtain and expensive due to extreme climate risks and remote logistics.
Data retrieved from Census Bureau ZCTA profiles.
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.
Serves as the primary hub for local gatherings and village events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.