The story of this market
The typical home in ZIP 99676 sells for about $275,000, or $264 per square foot.
Prices are down 1.4% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $975 a month.
ZIP 99676
ZIP 99676 (Sutton, AK) represents a scenic, rural residential submarket within the Matanuska-Susitna Borough, where median listing prices hover near $275,000 and typical home values stand around $282,218. Demand is sustained by buyers seeking larger parcels and recreational access along the Glenn Highway corridor within commuting distance of Palmer and Wasilla. While broad Mat-Su market indicators show strong price retention, Sutton itself displays stable, level pricing with modest sales velocity.
Fits outdoor recreation enthusiasts, homesteaders, and remote workers or Palmer commuters seeking acreage, privacy, and scenic mountain views at a notable discount relative to Core Mat-Su and Anchorage pricing.
Median prices moved down 1.4% year over year.
Homes spend a median of 18 days on market with 2.8 months of supply — a fast-moving market.
23% 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 5.1% · poverty 17.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 99676, Matanuska-Susitna Borough AK
Reported crime rates in Sutton-Alpine and the surrounding Glenn Highway corridor remain low compared to urban Anchorage and Core Mat-Su population centers, with property crime and theft being the primary reported concerns.
ZIP 99676 is served by the Matanuska-Susitna Borough School District, primarily through Sutton Elementary School (K-5), with older students commuting to Palmer Junior Middle and Palmer High School, which generally perform well above state averages.
Wildfire risk exists along the spruce-forested Matanuska Valley corridor, accompanied by seasonal riverine flooding risks from the Matanuska River and high-wind gusts funneled through Palmer and the Glenn Highway canyon.
Growth in Sutton is modest and largely residential, anchored by recreation, small businesses, highway services, and commuters driving toward Palmer, Wasilla, or Joint Base Elmendorf-Richardson.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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). State (Alaska) — Alaska Statutory Real Property Assessment Ratio and Municipal Levy Authority: Imposes an ad valorem property tax assessed at 100% full and true value (fair market value assessment ratio of 1.0) under AS 29.45.110.
Commuting relies on the Glenn Highway (AK-1), taking roughly 15 to 20 minutes to reach Palmer, 30 minutes to Wasilla, and approximately 60 to 75 minutes to reach downtown Anchorage or military bases.
Outdoor recreation is premier, featuring immediate access to the Matanuska River, the Alpine Historical Park, King Mountain State Recreation Site, and extensive Matanuska Valley off-road trail systems.
Long-term rental inventory is extremely tight and limited primarily to single-family homes and rural cabins, with a growing segment of seasonal short-term rentals catering to Matanuska Glacier and summer highway tourists.
The local economy is predominantly driven by public education, tourism, construction, recreation, and highway services, with many residents commuting south to Palmer, Wasilla, and the Anchorage metropolitan area.
Transportation is strictly highway-dependent via the Glenn Highway (Alaska Route 1) with no scheduled fixed-route public transit systems operating directly within the ZIP code.
Planning oversight is handled via the Matanuska-Susitna Borough Comprehensive Plan, emphasizing low-density rural preservation, recreation conservation, and highway-corridor access management.
Properties fall under the Matanuska-Susitna Borough tax jurisdiction, the Matanuska-Susitna School District, and local road service and fire service areas (Sutton Fire Service Area).
Homeowners insurance premiums reflect rural fire-response distances and wildfire exposure, though flood insurance is largely isolated to low-lying parcels directly fronting the Matanuska River braided channels.
Data retrieved from U.S. Census Bureau ACS 5-Year Estimates profile for ZCTA 99676.
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.
Open-air community museum and park showcasing the coal mining, Native Athabascan, and Matanuska agricultural history of the valley.
Scenic camping and recreation site along the Glenn Highway offering boat access and panoramic views of King Mountain.
Provides corridor access to off-highway vehicle (OHV) routes, hiking, fishing, and winter snowmachine trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.