The story of this market
The typical home in ZIP 99611 sells for about $357,000, or $254 per square foot.
Prices are up +8.5% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 99611 — Kenai
The 99611 housing market is currently very competitive with homes selling in approximately 16 days. Prices have seen a year-over-year increase of 8.5%, driven by limited inventory and high demand. Several specific metrics, including detailed tax history and specific utility provider lists, were not available at the ZIP level.
Median prices moved up 8.5% year over year.
Homes spend a median of 16 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 9.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 99611, 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 retrieved from US Census Bureau ZCTA 99611 profile
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.