The story of this market
The typical home in ZIP 00773 sells for about $297,450, or $325 per square foot.
Prices are up +4.2% 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 $504 a month.
ZIP 00773 — Luquillo
The Luquillo housing market remains stable, driven by strong demand for coastal properties and short-term rental potential. While inventory is limited and insurance costs remain a significant hurdle, prices have shown consistent year-over-year growth. The market is currently balanced between local buyers and external investors.
This ZIP is ideal for investors seeking short-term rental opportunities, retirees looking for coastal living, and families who prioritize proximity to beaches and natural attractions over proximity to major urban employment centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 88 days on market with 7.8 months of supply — a slower-moving market.
13% 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 17.6% · poverty 44.8% — 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 8.3%/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 6.7%/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 00773, Luquillo, 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 Luquillo are generally consistent with regional averages for coastal Puerto Rico, with property crime being the primary concern. Local authorities maintain a visible presence, particularly in tourist-heavy zones near the beach.
Public schools in the area are managed by the Puerto Rico Department of Education and generally face challenges with resource allocation and infrastructure maintenance common to the region.
The area is highly susceptible to tropical storms, hurricanes, and coastal flooding due to its proximity to the Atlantic Ocean. Property insurance premiums are elevated and often require specialized coverage for wind and flood damage.
Economic momentum is driven primarily by the tourism and hospitality sectors, with ongoing interest in short-term rental development. Infrastructure improvements are largely focused on coastal protection and tourism-related amenities.
Property taxes are administered by the Municipal Revenue Collection Center (CRIM). Rates are set at the municipal level, and various exemptions exist for primary residences (homestead exemption) and senior citizens.
Commuting is heavily reliant on private vehicles via PR-3, which connects the area to the San Juan metropolitan employment core. Public transit options are extremely limited, making personal transportation essential for most residents.
The area is a major recreational hub featuring the world-famous Luquillo Beach (Balneario La Monserrate) and proximity to El Yunque National Forest. Shopping and dining are concentrated along the coastal strip and the famous Luquillo Kiosks.
The rental market is heavily influenced by the short-term vacation rental sector, which exerts upward pressure on long-term rental prices. Vacancy rates for long-term housing are low due to high demand from both locals and seasonal visitors.
The economy is anchored by tourism, hospitality, and retail services. Employment is heavily concentrated in the service sector, with significant seasonal fluctuations.
Transportation is dominated by the PR-3 highway corridor. There is no significant public transit infrastructure serving the area.
Development is primarily focused on small-scale residential renovations and tourism-related commercial projects. Large-scale master-planned communities are limited by geography and environmental regulations.
Parcels are subject to municipal taxes and standard utility service districts. No specialized MUD or PID structures are prevalent.
Property insurance is a critical and costly factor due to high exposure to hurricane and flood risks. Many properties require specialized policies that are significantly more expensive than mainland equivalents.
Data retrieved from data.census.gov ZCTA 00773 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 ranked by popularity within the radius shown.
A world-renowned public beach with extensive facilities.
A famous strip of over 60 food kiosks offering local cuisine.
The only tropical rainforest in the U.S. National Forest System, located just minutes away.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.