The story of this market
The typical home in ZIP 00979 sells for about $665,000, or $512 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $955 a month.
ZIP 00979 — Carolina
The market in 00979 is characterized by high-value beachfront properties and strong demand from the short-term rental sector. While inventory remains tight, the area shows resilience with steady year-over-year price growth. Figures for months of supply and specific tax rates are based on current market listings and local municipal data.
This ZIP is ideal for investors seeking short-term rental income, affluent retirees, and second-home buyers attracted to the beachfront lifestyle and proximity to the international airport.
Median prices moved up 5.2% year over year.
Homes spend a median of 90 days on market with 6.5 months of supply — a slower-moving market.
10% 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 8.7% · poverty 21.6% — a mixed stability 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 6.4%/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
ZCTA 00979, Carolina, 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.
Crime in the Isla Verde area is primarily focused on property-related incidents, with tourist-heavy zones experiencing higher visibility of petty theft compared to residential sectors.
Public school quality in the Carolina municipality is generally rated as average, with many residents in this ZIP opting for private bilingual education.
The area is highly susceptible to coastal flooding, storm surges, and hurricane-force winds, necessitating comprehensive wind and flood insurance coverage.
Economic momentum is driven by the tourism and hospitality sectors, with significant infrastructure investment focused on beach maintenance and airport connectivity.
Property taxation in Puerto Rico is administered by the Municipal Revenue Collection Center (CRIM), with rates and exemptions determined by local municipal ordinances and territorial law.
Commuting to the San Juan employment core is primarily via PR-26, which experiences heavy congestion during peak hours; public transit options are limited.
The ZIP is anchored by the world-famous Isla Verde Beach, offering extensive water sports, beachfront dining, and proximity to major hotel resorts and shopping.
The rental market is highly active due to the prevalence of short-term vacation rentals, which exert upward pressure on long-term lease pricing and availability.
The economy is heavily reliant on tourism, hospitality, and aviation services due to the proximity of the international airport and beachfront resorts.
The area is served by major highway PR-26, connecting the coastal district to the San Juan metropolitan area.
Development is constrained by coastal zoning regulations, focusing on the redevelopment of existing high-density residential and commercial structures.
The Municipal Revenue Collection Center (CRIM) manages property assessments for the entire municipality of Carolina.
Parcels are subject to municipal taxes and specific coastal zone management regulations.
Property insurance premiums are high due to significant exposure to hurricane and flood risks in this coastal zone.
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.
A premier urban beach known for its golden sand and water sports.
The primary gateway to Puerto Rico, located immediately adjacent to the ZIP.
Major retail hub serving the local community and tourists.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.