The story of this market
The typical home in ZIP 99918 sells for about $399,000, or $215 per square foot.
Homes take about 110 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 99918 — Coffman Cove
The housing market in 99918 is characterized by extremely low inventory and infrequent sales, typical of a remote Alaskan coastal community. Current data reflects a stable, niche market where property values are driven by unique commercial or recreational utility rather than broad residential demand. No significant price shifts or development activity were identified for this ZIP code.
This ZIP is best suited for outdoor enthusiasts, commercial fishermen, or those seeking a remote coastal lifestyle in Southeast Alaska.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 110 days on market with 4.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 99918, Prince of Wales-Hyder Census Area, AK
The area is located in a coastal rainforest environment with high exposure to heavy precipitation and wind events; insurance availability is limited and premiums are high.
Economic activity is primarily driven by seasonal tourism, commercial fishing, and timber-related industries with minimal new infrastructure development.
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).
The area is a destination for outdoor recreation including sport fishing, boating, and hiking in the Tongass National Forest.
The rental market is extremely limited with low inventory, primarily serving seasonal workers and transient residents.
The local economy is heavily reliant on the fishing industry, tourism, and small-scale forestry operations.
Access is primarily via marine transport and local road networks connecting to the Prince of Wales Island highway system.
No major commercial or residential developments are currently reported for this remote area.
The Prince of Wales-Hyder Borough manages property assessments for the region.
Parcels are subject to borough-level taxation and regional school district funding requirements.
Property insurance is difficult to secure due to the remote location and high risk of weather-related damage.
Alaska is a non-judicial foreclosure state with specific notice requirements for deeds of trust.
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 99918 profile.
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.
Provides extensive access to wilderness, hiking, and wildlife viewing.
Serves as the primary hub for local fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.