The story of this market
The typical home in ZIP 99832 sells for about $259,000, or $259 per square foot.
Prices are up +48% from a year ago, so sellers still have some momentum. 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 99832 — Pelican
The housing market in Pelican is extremely thin with very low transaction volume, making price trends highly volatile. Current data reflects a small, isolated market where values are driven more by individual property characteristics than broader economic shifts. Most metrics for inventory and sales are null due to the lack of active listings.
This area is best suited for individuals seeking extreme isolation, outdoor enthusiasts, or seasonal workers in the fishing and tourism industries.
Median prices moved up 48.0% year over year.
Homes spend a median of 120 days on market with 15.0 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 4.5% · poverty 3.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 99832, Hoonah-Angoon Census Area, AK
The area is a remote coastal community in Southeast Alaska with high exposure to maritime weather, flood risks, and limited infrastructure for emergency response.
Economic activity is primarily driven by seasonal fishing, tourism, and local government services with no major industrial development projects reported.
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 is defined by its rugged wilderness, offering extensive access to fishing, boating, and hiking in the Tongass National Forest.
The rental market is extremely limited due to the small, isolated population and high reliance on seasonal housing for workers.
The local economy is heavily reliant on commercial fishing, fish processing, and seasonal tourism.
Access is primarily via seaplane or boat; there are no major highway connections to the mainland road system.
Assessments are managed by the Hoonah-Angoon Census Area administration.
The area is served by the Chatham School District.
Property insurance is difficult to obtain and expensive due to the remote location and high risk of maritime weather damage.
Data retrieved from Census Reporter and World Population Review for ZCTA 99832.
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.
Provides vast wilderness access for outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.