The story of this market
The typical home in ZIP 00745 sells for about $215,000, or $145 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $585 a month.
ZIP 00745 — Rio Grande
The housing market in 00745 remains stable with modest price appreciation driven by limited inventory. Market conditions are characterized by a high owner-occupancy rate and steady demand for residential properties near the coast. Note that specific real-time portal data for this ZIP is limited, so figures are derived from regional trends and historical census data.
This ZIP is well-suited for local families and employees in the tourism sector who prioritize proximity to natural amenities. It is less attractive to high-end investors or those requiring rapid transit access to major urban centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 7.9 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 14.9% · poverty 33.6% — 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 4.5%/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 3.1%/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 00745, Rio Grande Municipio, PR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Rio Grande are generally consistent with regional averages for Puerto Rico, with property crime being the primary concern. Local authorities maintain a standard police presence, though residents are advised to follow regional safety precautions.
Public schools in the area are managed by the Puerto Rico Department of Education, with performance ratings varying significantly across individual campuses. Many families seek private educational alternatives due to inconsistent public school outcomes.
The area faces significant exposure to tropical storms and hurricanes, necessitating robust building standards and comprehensive hazard insurance. Flood risk is elevated in low-lying coastal and riverine sections of the municipality.
Economic momentum is driven by tourism and hospitality sectors near the El Yunque National Forest and coastal resorts. Infrastructure development is focused on maintaining connectivity to the San Juan metropolitan area.
Property taxes are administered by the Municipal Revenue Collection Center (CRIM). Rates are determined by municipal ordinances and property assessments, with specific exemptions available for primary residences (homestead exemption).
Commuting primarily involves travel via PR-3 or PR-66 toward the San Juan employment core, with travel times heavily dependent on peak-hour traffic congestion.
The area is anchored by proximity to El Yunque National Forest, offering extensive hiking and nature trails. Coastal access provides beaches, while local shopping is concentrated along the PR-3 corridor.
The rental market is characterized by steady demand from local residents and seasonal workers, with limited new multi-family supply. Short-term rental activity is prevalent near tourist-heavy coastal zones.
The economy is heavily reliant on the tourism, hospitality, and retail sectors. Major employment is found in resort operations and local government services.
Transportation is primarily automobile-dependent, relying on the PR-3 highway corridor. Public transit options are limited, consisting mainly of local bus routes.
Development is focused on sustainable tourism and residential infill projects near the coast. Infrastructure improvements are prioritized for flood mitigation and road maintenance.
The Centro de Recaudación de Ingresos Municipales (CRIM) manages all property assessments and tax collections for the municipality.
Parcels are subject to municipal zoning and standard utility service districts. No major MUD or PID structures are prevalent in this jurisdiction.
Property insurance premiums are high due to significant hurricane and flood risk exposure. Market availability is constrained, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA-level tables.
- 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.
The only tropical rainforest in the U.S. National Forest System, serving as a major regional anchor.
Local commercial hub providing essential services and dining options for residents.
Popular public beach facility located in the vicinity, serving as a primary recreational destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.