The story of this market
The typical home in ZIP 99929 sells for about $435,000, or $226 per square foot.
Homes take about 199 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $993 a month.
ZIP 99929 — Wrangell
The housing market in 99929 is characterized by low inventory and limited transaction volume, typical of a remote island community. Median listing prices vary significantly across sources, and specific metrics like sales-to-list ratios are not currently published for this ZIP. The market remains stable with little evidence of rapid price appreciation or high-velocity turnover.
This ZIP is best suited for residents seeking a remote, small-town lifestyle, including families and those employed in local maritime or public service sectors.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 199 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 3.7% · poverty 12.1% — a stable, low-distress profile.
ZCTA 99929, Wrangell City and Borough, Alaska
The area is served by the Wrangell Public School District, which maintains a small-town educational environment.
The region is subject to coastal weather patterns and typical Southeast Alaska environmental risks; insurance availability is standard for the region.
The local economy is anchored by maritime, tourism, and public sector employment, with limited large-scale industrial 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).
Commuting is primarily local within the island community, with limited road infrastructure and reliance on marine or air transport for regional access.
The area features extensive access to outdoor amenities including hiking trails, fishing, boating, and public parks within the Wrangell borough.
The rental market is characterized by limited inventory and a significant renter share of approximately 41%, with stable but constrained supply.
The economy is driven by the fishing industry, tourism, and local government operations.
Transportation is heavily reliant on the Alaska Marine Highway System and local air services due to the island geography.
Development is focused on small-scale municipal infrastructure and maintenance rather than large-scale commercial expansion.
The City and Borough of Wrangell manages property assessments for tax purposes.
Parcels are subject to municipal levies from the City and Borough of Wrangell.
Property insurance is available but reflects the unique risks associated with remote Alaskan coastal locations.
Data retrieved from ZCTA-level census profiles and local market reports.
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 hub for local fishing and tourism activities.
Notable for ancient rock carvings and coastal access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.