The story of this market
The typical home in ZIP 99579 sells for about $125,000, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 99579 — Ekwok
The housing market in 99579 is extremely illiquid and driven by seasonal industry needs rather than traditional residential demand. With very few active listings and minimal sales volume, price trends are largely stagnant. Data for this ZIP is limited due to its remote location and small population size.
This ZIP is primarily for seasonal workers, commercial fishermen, and those seeking extreme isolation; it is not a traditional residential market for commuters or family buyers.
Median prices moved up 2.5% year over year.
Homes spend a median of 180 days on market with 24.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.5% · poverty 18.0% — a mixed stability 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 3.1%/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 1.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 99579, Lake and Peninsula Borough, AK
Not determinable due to the extremely small population size and remote nature of the Egegik area.
The area is served by the Lake and Peninsula Borough School District, which operates small, remote schools with limited extracurricular offerings.
The region faces significant risks from coastal flooding and severe weather events typical of the Bristol Bay region, with high insurance costs for remote properties.
Economic momentum is tied almost exclusively to the seasonal commercial fishing industry, with minimal infrastructure or commercial development outside of processing facilities.
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).
Not determinable; the area is accessible primarily by air or water, with no traditional road-based commute to employment centers.
The area is a world-class destination for sport fishing and wilderness tourism, featuring extensive access to the Egegik River and Bristol Bay.
The rental market is extremely thin and largely driven by seasonal workers in the fishing industry, with very low year-round vacancy.
The economy is dominated by the commercial fishing and seafood processing industry, which provides the vast majority of local employment.
Transportation is limited to bush planes and marine vessels; there are no highway or public transit corridors.
There are no major commercial or residential development pipelines reported for this remote area.
The Lake and Peninsula Borough manages property assessments, which are often challenging due to the lack of comparable sales data.
Parcels are subject to borough-wide school and general government levies.
Property insurance is difficult to obtain and expensive due to the extreme remoteness and high risk of natural disasters.
Alaska is a non-judicial foreclosure state, though activity in this remote ZIP is negligible.
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 99579 profile.
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.
Renowned for world-class salmon fishing.
Major hub for commercial fishing operations.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.