The story of this market
The typical home in ZIP 99610 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 99610 — Kasilof
The housing market in 99610 remains stable with low inventory and moderate price growth, reflecting the rural nature of the Cohoe area. Sales volume is limited, and the market is driven by local demand rather than speculative investment. No specific ZIP-level data for price cuts or months of supply was available from major portals, so these figures are estimated based on regional trends.
This area is best suited for those seeking a rural, outdoor-oriented lifestyle, including retirees and individuals working in the regional energy or fishing sectors.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 9.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · 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 5.0%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 99610, Kenai Peninsula Borough, AK
Crime rates in the Cohoe area are generally low, consistent with rural Kenai Peninsula Borough trends, though specific localized data is limited.
Schools serving the area are part of the Kenai Peninsula Borough School District, which generally maintains moderate performance ratings.
The area faces risks related to wildfire and seasonal flooding; property insurance premiums are influenced by remote access and fire protection ratings.
Economic momentum is driven by seasonal tourism, commercial fishing, and oil and gas industry support services based in the nearby Kenai/Soldotna hub.
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).
Commutes are primarily by private vehicle toward the employment hubs of Soldotna and Kenai, typically requiring 20-30 minutes.
The area offers extensive access to outdoor recreation including fishing on the Kasilof River, hiking, and wildlife viewing in the surrounding wilderness.
The rental market is limited with low turnover; demand is often driven by seasonal workers and local industry employees.
The local economy is anchored by the energy sector, commercial fishing, and public sector employment in the Kenai Peninsula Borough.
Transportation is heavily reliant on the Sterling Highway, which serves as the primary corridor for regional travel.
Development is largely constrained by rural zoning and environmental protections, with limited large-scale residential projects.
The Kenai Peninsula Borough Assessing Department conducts annual property valuations based on market data and physical inspections.
Parcels are subject to Kenai Peninsula Borough taxes and may fall within specific fire service area districts.
Property insurance is available but premiums are sensitive to wildfire risk and the distance from emergency services.
Alaska experiences modest net domestic migration fluctuations, often tied to energy sector cycles.
Alaska is primarily a non-judicial foreclosure state, allowing for a streamlined process under the Deed of Trust Act.
Sellers are required 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.
Renowned for salmon fishing and recreational boating.
Large lake offering wilderness access and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.