The story of this market
The typical home in ZIP 99561 sells for about $368,750, or $315 per square foot.
Prices are down 12.72% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,412 a month.
This ZIP has no home sales of its own, so its market figures come from Bethel Census Area, Alaska (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 99561 — Chefornak
Market data for ZIP 99561 is extremely limited due to its remote location in Chefornak, Alaska. No active residential sales, price, or inventory metrics are published for this specific ZCTA. The area is characterized by a younger population, higher-than-average poverty rates, and a reliance on local subsistence and administrative employment.
This remote Alaska ZIP code is primarily suited for local residents and those integrated into the regional subsistence or administrative economy of the Bethel Census Area.
Median prices moved down 12.7% year over year.
Homes spend a median of 55 days on market with 4.0 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 20.4% — a mixed stability profile.
ZCTA 99561, Bethel Census Area, Alaska
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 local economy is primarily driven by regional administrative services and traditional subsistence activities within the Bethel Census Area.
Data retrieved from ZipDataPortal based on available census-derived statistics.