99686, Valdez, AK

The 99686 zip code of Valdez, AK has a median home value of $128,000 and a median home equity value of $135,000. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home in this zip code has been on the market for just over two months and has received an average of six offers. This indicates that there is strong demand for homes in this zip code and that buyers are willing to pay a high price for them.

One reason why homes in this zip code are so valuable is because they are located near some of the most popular tourist destinations in Alaska. These include Denali National Park, Wrangell-St Elias National Park, and Katmai National Park. Not only do these destinations offer tourists a chance to see some of the most beautiful scenery in America, but they also offer residents access to world-class recreational opportunities. For example, Denali National Park is home to Mount McKinley – North America’s highest peak – as well as dozens of other hiking trails and lakeside campsites.

Another factor contributing to the high value of homes in this zip code is Valdez’s history as an oil town. Since Valdez was founded in 1898, it has been responsible for almost half of all oil production from Alaska – making it one of the state’s key economic engines. As a result, many homeowners here have access to lucrative oil royalties that help support their high home values.