The story of this market
The typical home in ZIP 99771 sells for about $285,000, or $359 per square foot.
Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,000 a month.
This ZIP has no home sales of its own, so its market figures come from Nome Census Area, Alaska (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 99771 — Savoonga
The residential market in ZIP 99771 is characterized by extremely low turnover and a lack of formal real estate market data. Most housing is owner-occupied in a remote, subsistence-based community, and no median price, sales volume, or rental data is currently published for this ZCTA.
This ZIP is primarily for residents with deep ties to the local community and subsistence lifestyle, as it is a remote, isolated village with limited housing market activity.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 19 days on market with 0.0 months of supply — a fast-moving 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 99771, Nome Census Area AK
The area is subject to extreme weather conditions typical of coastal Alaska, including high wind and flood risks associated with its location on the Norton Sound.
Economic activity is primarily driven by subsistence hunting, fishing, and local government services in the remote community of Shaktoolik.
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).
Recreation is centered on traditional outdoor activities including subsistence fishing, hunting, and gathering in the surrounding wilderness.
The economy is largely subsistence-based, supplemented by local government, school district employment, and seasonal commercial fishing.
Access is limited to air and sea; there are no road connections to the regional hub of Nome or the Alaska road system.
Data retrieved from Census Reporter profile for ZCTA 99771.
Provides essential access for subsistence fishing and marine transportation.