The story of this market
The typical home in Hormigueros Municipio, Puerto Rico sells for about $135,000, or $119 per square foot.
Prices are up +7.1% from a year ago, so sellers still have some momentum. Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $650 a month.
Monthly price momentum
Home values since 2015
+2.1%
USA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Hormigueros Municipio, Puerto Rico
The Hormigueros housing market shows steady price appreciation consistent with broader regional trends in Puerto Rico. Demand remains driven by local buyers, though limited inventory and economic constraints continue to influence market velocity. Overall, the market is characterized by stability rather than rapid growth.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 8.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 37.0% — elevated distress and economic pressure.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Hormigueros Municipio, Puerto Rico — researched county-level history with a deterministic 1 / 3 / 5-year projection
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.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 30
| 00660 | Hormigueros | $115,200 | $180 | +2.1% | 120 | 96.5% | 12% | 8.5 | 45 | $562 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The region is subject to tropical storm and hurricane risks, with flood zones identified in low-lying areas near coastal and riverine environments.
Economic activity is primarily driven by local services and small-scale commerce, with limited large-scale industrial development reported.
Property taxes are administered by the Municipal Revenue Collection Center (CRIM) based on assessed property values, with specific exemptions available for primary residences.
The area features local parks and proximity to the Basilica of Our Lady of Montserrat, a significant cultural and religious landmark.
The rental market is characterized by low turnover and a high share of long-term residents, with limited short-term rental inventory.
The economy is largely service-oriented, with employment concentrated in local government, retail, and small-scale agriculture.
The municipality is served by PR-2, the primary highway corridor connecting the western region of Puerto Rico.
The Municipal Revenue Collection Center (CRIM) manages property assessments and tax collections across the municipality.
The area is served by regional utility and health districts managed at the commonwealth level.
Property insurance premiums are influenced by high exposure to wind and flood hazards, leading to a challenging market for homeowners.
- Surf 'N Fun Water Park4.46.9 mi
- Las Cascadas Waterpark3.720.7 mi
- Formula Fun Trampoline Park Mayagüez4.61.5 mi
- Aguadilla Bowling Center4.318.5 mi
- Formula Fun Isabela4.524.1 mi
- Cascada Gozalandia4.817.7 mi
- El Faro de Rincón4.818.1 mi
- Surf 'N Fun Water Park4.46.9 mi
- Gozalandia Waterfalls Campground4.717.6 mi
- SANDY BEACH4.718.2 mi
- El Faro de Rincón4.818.1 mi
- Túnel de Guajataca4.726.4 mi
- Yaucromatic4.719.4 mi
- Faro Punta Higueras4.718.1 mi
- Castillo Labadie (Palacete Los Moreau)4.622 mi
- Cascada Gozalandia4.817.7 mi
- Bunny Spot4.311.5 mi
- Plaza Don Alfredo Raffucci Bayron4.716.1 mi
- Playa Buye4.78.2 mi
- Parque Nacional Balneario Boquerón4.58.9 mi
- Marina Puerto Real4.66.3 mi
- Club Náutico de La Parguera4.712.8 mi
- Boqueron Yacht Club / Club Nautico de Boqueron4.48.6 mi
- Club Deportivo Del Oeste4.65.2 mi
- Mayagüez Mall4.41.6 mi
- Aguadilla Mall4.319.8 mi
- Yauco Plaza I4.319.2 mi
- Western Plaza4.57.5 mi
- Marshalls & HomeGoods4.51.6 mi
- Aeropuerto Internacional Rafael Hernández4.324.5 mi
- La Concepción Hospital Helipad4.66.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A historic and religious site that serves as a major cultural anchor for the municipality.
Provides local green space and recreational facilities for residents.
Data retrieved from Census Reporter and ACS 2024 profiles.
Requires a judicial process to execute a foreclosure sale. Homeowners have a right to cure defaults and a statutory right of redemption allowing them to reclaim the property within one year from the date of the foreclosure sale by paying outstanding debts.
Governed by the Mortgage and Property Registry Act of 1979 (Title 30, Chapter 121).
applies when — Property must be the owner's principal residence in Puerto Rico.
Provides a legal exemption from attachment and judicial foreclosure for a minimum amount of property value, protecting the principal residence from certain creditor claims.
Incorporated in Section 7, Article II of the Constitution of Puerto Rico; codified under the Homestead Right and Family Home Protection Act.
Annual tax liability calculated by applying a municipal-specific rate (typically ranging from 8.03% to 12.03%) to the cadastral value of the property as determined by the Centro de Recaudación de Ingresos Municipales (CRIM).
Governed by the Municipal Code of Puerto Rico; liability attaches to the registered owner of record.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.