The story of this market
The typical home in ZIP 00656 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 $454 a month.
ZIP 00656 — Guayanilla
The housing market in 00656 remains stable with low transaction volume and modest price appreciation. Market conditions are driven by local demand and limited new construction, with affordability remaining a primary constraint for the local population.
This area is best suited for local families and long-term residents seeking affordable housing, as the market lacks the high-density amenities or corporate employment hubs that typically attract investors or commuters.
Median prices moved up 2.5% year over year.
Homes spend a median of 145 days on market with 7.1 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 16.6% · poverty 45.5% — 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 2.0%/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 1.5%/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 00656, Guayanilla 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.
Public education in the area is managed by the Puerto Rico Department of Education, with local schools serving the Guayanilla municipality.
The area is subject to tropical storm and hurricane risks, with significant exposure to flood and wind events common to the southern coast of Puerto Rico.
Economic momentum is limited, with the local economy primarily supported by agriculture, small-scale retail, and public sector employment.
Property taxes in Puerto Rico are administered by the Municipal Revenue Collection Center (CRIM), with rates and exemptions determined by Commonwealth law.
Commuting is primarily car-dependent, with residents traveling via PR-2 toward major employment hubs in Ponce.
The area features access to coastal landscapes and local parks, though major commercial and entertainment amenities are concentrated in the nearby city of Ponce.
The rental market is characterized by low turnover and limited institutional investment, with most inventory consisting of single-family homes.
The economy is driven by agriculture, small-scale commerce, and public administration, with many residents commuting to Ponce for broader employment opportunities.
Transportation is heavily reliant on private vehicles, with PR-2 serving as the primary arterial highway connecting the area to the rest of the island.
Development activity is currently focused on infrastructure repair and recovery projects following historical storm events.
The Municipal Revenue Collection Center (CRIM) handles all property assessments and tax collections for the municipality.
Parcels are subject to municipal property taxes and Commonwealth-level utility service fees.
Property insurance premiums are high due to the region's vulnerability to hurricanes and seismic activity.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Coastal area providing local fishing and recreational access.
Central town square serving as a community gathering space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.