Land Market Insights and Pricing in Nome Borough, Alaska

Nome Census Area, Alaska, offers a vast and rugged landscape spanning 28,278 square miles, characterized by the expansive Seward Peninsula, extensive coastline along the Bering and Chukchi Seas, and diverse terrain ranging from coastal lowlands to significant mountain ranges. This remote region, dominated by tundra and permafrost, includes the Bering Land Bridge National Preserve and numerous protected areas, fostering rich biodiversity and eco-tourism potential. With a remarkably low population density of 0.3 people per square mile, Nome presents ample opportunities for undeveloped land and waterfront properties, including unique island prospects on St. Lawrence Island. The area's economy centers on education, healthcare, and public administration, with Nome serving as the primary hub. While the region offers stunning natural beauty and abundant land, potential buyers should note the higher-than-average property tax rate of 1.55% and consider the challenges of a harsh climate and limited infrastructure in this pristine Alaskan wilderness.