The story of this market
The typical home in ZIP 99605 sells for about $407,000, or $284 per square foot.
Prices are up +6.1% from a year ago, so sellers still have some momentum. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,576 a month.
This ZIP has no home sales of its own, so its market figures come from Kenai Peninsula Borough, Alaska (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 99605 — Hope
Current residential market data for ZIP 99605 (Hope, AK) is not available through public market reporting services due to the area's extremely small population and low transaction volume. Consequently, metrics such as median sale price, days on market, and inventory are null. The area is characterized by a high share of residents with bachelor's degrees or higher, but lacks the economic or housing data density required for standard market analysis.
Median prices moved up 6.1% year over year.
Homes spend a median of 12 days on market with 4.2 months of supply — a fast-moving market.
47% of listings have cut prices · homes sell at 99.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 99605, Kenai Peninsula Borough, 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).
Data sourced from PlainZIP and Census ACS estimates; specific financial and housing market metrics are not published at the ZCTA level for this low-population area.
- Bird Point4.710.1 mi
- Bird Creek Trail Access4.611.7 mi
- Indian Valley Mine & Gifts4.712.5 mi
- Indian Valley Mine & Gifts4.712.5 mi
- Roundhouse at Alyeska Museum4.618 mi
- Bird Creek Trail Access4.611.7 mi
- Falls Creek Trail4.812.6 mi
- Ted Stevens Anchorage International Airport4.530.3 mi
- Pho Gia Đình Vietnamese Restaurant4.728.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.