The story of this market
The typical home in ZIP 99672 sells for about $430,000, or $284 per square foot.
Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,390 a month.
ZIP 99672 — Sterling
The housing market in 99672 is characterized by low inventory and rural, large-lot properties. Market data for specific metrics like sales volume and rent are not currently published at the ZIP level, reflecting the area's low-density, non-urban nature.
This ZIP is best suited for those seeking rural living, outdoor enthusiasts, and individuals looking for larger lot sizes, as it lacks the density and amenities of nearby urban centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 76 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 99672, Kenai Peninsula Borough, AK
The area is subject to typical Alaskan environmental risks including wildfire and severe winter weather; insurance availability and premiums are influenced by these regional factors.
Development is primarily rural and residential with limited large-scale commercial infrastructure; the local economy is tied to the Kenai Peninsula's natural resources and tourism sectors.
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).
Commuting typically requires personal vehicle travel along the Sterling Highway toward employment hubs in Soldotna or Kenai.
The area offers extensive access to outdoor recreation including fishing, hunting, and trail systems, with limited local shopping and dining options.
The rental market is limited with a low vacancy rate and a small share of renter-occupied housing units.
The economy is driven by natural resources, tourism, and services centered in the Kenai Peninsula Borough.
Transportation is heavily reliant on the Sterling Highway corridor.
The Kenai Peninsula Borough assesses property values for taxation purposes.
Parcels are subject to Kenai Peninsula Borough taxation and school district levies.
Property insurance premiums are impacted by regional wildfire and climate-related risks.
Data sourced from City-Data and MapOfZipCodes; specific ACS fields not fully published for this ZCTA.
A major regional attraction for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.