The story of this market
The typical home in ZIP 99571 sells for about $12,500, or $267 per square foot.
Prices are up +10.3% from a year ago, so sellers still have some momentum. Homes take about 303 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,042 a month.
This ZIP has no home sales of its own, so its market figures come from Aleutians East Borough, Alaska (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 99571 — Cold Bay
The Chugiak housing market shows resilience with a median sale price of $559,805 and a 10.3% year-over-year increase. Low inventory levels and a competitive pace of sales are driving current conditions, though high vacancy rates and a high price-to-rent ratio suggest a challenging environment for passive investors. The market remains stable, supported by its proximity to Anchorage's major employment hubs.
This ZIP is well-suited for family buyers and outdoor enthusiasts seeking larger lots and mountain views, though it requires a commute for those working in the Anchorage employment core.
Median prices moved up 10.3% year over year.
Homes spend a median of 303 days on market with 13.0 months of supply — a slower-moving market.
20% of listings have cut prices · homes sell at 54.3% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.2% — a stable, low-distress profile.
ZCTA 99567, Anchorage Municipality, Alaska
Schools in the Chugiak area are part of the Anchorage School District, generally regarded as providing stable educational services within the regional context.
The area faces typical Alaskan environmental risks including seismic activity and heavy winter snow loads, with insurance premiums reflecting these regional hazard profiles.
Economic momentum is tied to the broader Anchorage Municipality, with a mix of local services and proximity to major military and logistics employers in the region.
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).
Residents primarily commute via the Glenn Highway toward Anchorage, with travel times varying based on traffic and winter road conditions.
The area offers significant access to outdoor recreation including Oberg Field, local trails, and proximity to Chugach State Park for hiking and skiing.
The rental market is characterized by high vacancy rates relative to national norms, with limited inventory and a reliance on modeled fair-market rent estimates.
The economy is anchored by the Anchorage Municipality, with major sectors including logistics, military, healthcare, and government services.
The area is served by the Glenn Highway, which acts as the primary transit corridor connecting Chugiak to the Anchorage employment core.
Development is largely focused on residential infill and low-density expansion, with limited large-scale commercial projects currently reported.
The Anchorage Municipality assesses property values annually based on market data and physical inspections.
Parcels are subject to Anchorage Municipality property taxes and are served by the Anchorage School District.
Property insurance costs are influenced by regional wildfire and seismic risk factors common to Southcentral Alaska.
Alaska is primarily a non-judicial foreclosure state, allowing for a streamlined process under the deed of trust.
Sellers are required to provide a residential real property transfer disclosure statement covering the condition of the property.
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.
Local community park and recreation space.
Expansive wilderness area offering extensive hiking, skiing, and wildlife viewing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($559,805) sat outside the 0.25–4× band around Aleutians East Borough County's retained level and was not stored.