The story of this market
The typical home in Hatillo, Puerto Rico sells for about $134,800, or $965 per square foot.
Prices are up +2.5% 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.
Hatillo, Puerto Rico
Hatillo's housing market is characterized by stability, driven by its agricultural identity and steady local demand. While population growth is modest, the market remains accessible for local buyers, though limited by lower median incomes and a reliance on the broader regional economy. The lack of large-scale new development keeps inventory tight, supporting current price levels.
No ARED county foreclosure postings attributed to Hatillo yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
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.
Median prices moved up 2.1% year over year.
Homes spend a median of 120 days on market with 8.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.0% · poverty 45.0% — elevated distress and economic pressure.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Features scenic beaches and coastal access points that are popular for local recreation and community gatherings.
The historic heart of the municipality, hosting local shops, dining, and the central plaza which serves as a hub for community events.
Hatillo is well-suited for families and individuals seeking a quieter, agriculturally-rooted lifestyle away from the dense urban centers of the San Juan metro area. It appeals to those who value community stability and proximity to the northern coast's natural amenities.
Public education is managed through the Puerto Rico Department of Education, with schools in Hatillo providing foundational instruction. Academic performance varies across campuses, and many families supplement public schooling with extracurricular activities to enhance student outcomes.
The municipality is served by PR-2, a major highway corridor that connects Hatillo to neighboring coastal cities and the broader northern region. Public transit options are limited, making personal vehicle ownership the primary mode of transportation for residents.
Hatillo offers a mix of coastal beauty and rural charm, featuring accessible beaches and scenic countryside areas. Residents enjoy local parks and community centers that host cultural events, reflecting the town's strong agricultural and festive traditions.
The rental market in Hatillo is primarily driven by local demand, with limited inventory for high-end or short-term vacation rentals compared to major tourist hubs. Vacancy pressure remains moderate, and rent growth has been stable, reflecting the municipality's steady population base.
The economy is anchored by the dairy industry, earning Hatillo the title of 'Dairy Capital' of Puerto Rico. Agriculture remains a primary sector, supplemented by local retail and service businesses that support the resident population.
Hatillo is known as the 'Dairy Capital' of Puerto Rico, with a strong agricultural base that supports the local economy. Recent development has focused on maintaining this agricultural heritage while supporting small-scale commercial growth and infrastructure improvements.
Development planning in Hatillo emphasizes the preservation of agricultural land while facilitating necessary infrastructure upgrades to support the existing population. There are no major large-scale commercial or residential projects currently under construction.
Parcels in Hatillo are subject to standard municipal property tax assessments managed by CRIM, with no significant special utility or hospital districts reported.
Crime rates in Hatillo are generally consistent with regional trends in northern Puerto Rico, with property crime being the primary concern. Local authorities maintain a visible presence, though residents are encouraged to practice standard security measures common to the island's coastal municipalities.
As a coastal municipality, Hatillo faces risks from tropical storms, hurricanes, and potential coastal flooding. Property owners are typically required to carry hazard insurance, and building codes are strictly enforced to mitigate wind and water damage.
Property insurance in Hatillo is influenced by the region's exposure to tropical weather events, leading to higher premiums for comprehensive coverage. Market health is stable, though insurers maintain strict underwriting standards for coastal properties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Puerto Rico) — CRIM Municipal Property Tax: 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).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter profiles for Hatillo Municipio.
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. Source: NCES EDGE public school locations 2023-24.