The story of this market
The typical home in ZIP 99574 sells for about $325,000, or $215 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 99574 — Chuathbaluk
The housing market in 99574 remains stable with low inventory and limited turnover, characteristic of a remote, industry-dependent community. Prices have seen modest year-over-year growth, driven by the high cost of construction and limited land availability. Market activity is largely dictated by the seasonal nature of the local fishing economy.
This ZIP is best suited for those seeking a remote, nature-focused lifestyle, particularly individuals employed in the fishing or maritime sectors who value community isolation over urban convenience.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 6.0 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 99574, Alaska
Cordova generally experiences low rates of violent crime, though property crime remains a localized concern consistent with small, remote Alaskan coastal communities.
The area is served by the Cordova School District, which provides small class sizes and a curriculum tailored to the local community, generally maintaining stable performance ratings.
The region faces significant risks from seismic activity and potential tsunami events due to its coastal location, alongside heavy seasonal precipitation and winter storm exposure.
The local economy is heavily anchored by the commercial fishing industry and seafood processing, with limited large-scale industrial development or infrastructure expansion currently underway.
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 highly isolated; most local travel is via personal vehicle within the city limits, with no road access to the broader Alaskan highway system.
The ZIP offers extensive access to outdoor recreation including world-class salmon fishing, hiking trails in the Chugach National Forest, and proximity to the Copper River Delta.
The rental market is tight due to limited housing inventory and seasonal demand from the fishing industry, with few multi-family developments available.
The economy is almost entirely dependent on the commercial fishing industry, seafood processing plants, and local government services.
Transportation is limited to air and sea; the city is not connected to the Alaska road system, making logistics and travel dependent on the state ferry and regional airlines.
Development is constrained by geography and limited land availability, with most activity focused on maintaining existing infrastructure.
The Chugach Census Area and City of Cordova manage property assessments, focusing on market-based valuations for residential and commercial parcels.
Parcels are subject to the Cordova School District and municipal service area taxes.
Property insurance premiums are high due to the extreme remote location, seismic risk, and the high cost of shipping materials for repairs.
Net domestic migration is generally stable with low turnover, as the population is largely composed of long-term residents and seasonal workers.
Alaska follows a non-judicial foreclosure process, which is generally faster than judicial states, though foreclosure rates in this remote ZIP remain low.
Alaska requires sellers to provide a residential real property transfer disclosure statement covering the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
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.
The central hub for the local commercial fishing fleet and recreational boating.
Provides vast wilderness access for hiking, hunting, and wildlife viewing.
A globally significant wetland area known for birdwatching and salmon spawning.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.