The story of this market
The typical home in ZIP 00624 sells for about $125,000, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 145 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $504 a month.
ZIP 00624 — Peñuelas
The housing market in 00624 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand, though high poverty rates and limited economic growth continue to constrain significant price increases. Figures for specific metrics like active listings and days on market are based on local market observations as comprehensive portal data for this specific ZCTA is limited.
This ZIP is best suited for local families and individuals seeking affordable housing options in a rural-suburban setting, with proximity to Ponce for employment and services.
Median prices moved up 2.5% year over year.
Homes spend a median of 145 days on market with 9.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.5% · poverty 52.1% — elevated distress and economic pressure.
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 3.1%/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 2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 00624, Peñuelas Municipio, Puerto Rico
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to tropical storm and hurricane risks common to the southern coast of Puerto Rico, with flood zones identified in low-lying areas near the coast and river basins.
Economic activity is primarily driven by local services and agriculture, with limited large-scale industrial or commercial development projects currently reported.
Property taxes in Peñuelas are administered by the Municipal Revenue Collection Center (CRIM); rates are set by the municipality and the Commonwealth of Puerto Rico, with various exemptions available for primary residences.
Residents primarily rely on private vehicles for commuting, with travel times to major employment hubs in Ponce typically ranging from 20 to 30 minutes via PR-2.
The area features access to local municipal parks and proximity to the southern coastline, offering opportunities for outdoor recreation and coastal activities.
The rental market is characterized by low turnover and a high share of long-term local residents, with limited inventory of modern multi-family housing.
The local economy is largely supported by small-scale commerce, public sector employment, and agricultural activities in the surrounding region.
Property insurance premiums in this region are significantly influenced by high exposure to hurricane and windstorm risks.
Data retrieved from US Census Bureau ZCTA 00624 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.
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Silver Plume Rentals512.7 mi
- St. Elmo, CO4.712 mi
- Taylor Park Trading Post4.42.2 mi
- Gunnison National Forest4.811.4 mi
- Denny Creek Trailhead4.810.9 mi
- Cottonwood Pass57.1 mi
- Taylor Park Marina4.83.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central municipal plaza serving as a community gathering space.
Coastal area providing access to the Caribbean Sea.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.