The story of this market
The typical home in Canóvanas Municipio, Puerto Rico sells for about $118,600.
HUD's fair market rent for a two-bedroom is $568 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.
Canóvanas Municipio, Puerto Rico
The housing market in Canóvanas Municipio is characterized by a median home value of $118,600 and a high owner-occupancy rate of 72.7%. The area has experienced a population decline of 2.5% since 2020, with economic indicators showing significant poverty and unemployment challenges.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 52.6% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved up 3.8% year over year.
Homes spend a median of 92 days on market with 6.4 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 14.5% · poverty 33.2% — elevated distress and economic pressure.
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.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 30
| 00729 | Canóvanas | $135,000 | $115 | +3.8% | 92 | 96.5% | 12% | 6.4 | 48 | $584 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The municipality is served by 10 public schools reporting to the National Center for Education Statistics.
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).
The local economy is characterized by a 14.5% unemployment rate and a 33.2% poverty rate based on recent census estimates.
- Carabalí Rainforest Park4.79.1 mi
- Parque de las Ciencias by ToroVerde Powered by Claro4.217.1 mi
- Sector Sixty6 - Caguas4.513.5 mi
- Formula Fun Trampoline Park Gurabo4.511.3 mi
- Viking Arena4.413.1 mi
- Coliseo de Puerto Rico José Miguel Agrelot4.711 mi
- DISTRITO T-Mobile4.713.5 mi
- Puerto Rico Convention Center4.713.5 mi
- Carabalí Rainforest Park4.79.1 mi
- Centro de Bellas Artes Luis A. Ferré4.711.9 mi
- El Yunque National Forest4.88.8 mi
- Castillo San Felipe del Morro4.815.9 mi
- Casa BACARDÍ4.516.5 mi
- Carabalí Rainforest Park4.79.1 mi
- Castillo San Cristóbal4.815 mi
- Castillo San Felipe del Morro4.815.9 mi
- Castillo San Cristóbal4.815 mi
- Museo de Arte de Puerto Rico4.711.8 mi
- Museo del Niño de Carolina4.65.1 mi
- Parque de las Ciencias by ToroVerde Powered by Claro4.217.1 mi
- El Yunque National Forest4.88.8 mi
- Parque Forestal La Marquesa4.415.3 mi
- Eco's Sports Park4.511.4 mi
- Plaza Colón4.715 mi
- El Portal de El Yunque Rainforest Center - El Yunque National Forest4.79.6 mi
- Safe Harbor Puerto Del Rey4.718.6 mi
- Marina Puerto Chico4.717.5 mi
- San Juan Bay Marina4.613.4 mi
- Club Náutico de San Juan4.613.5 mi
- Sunbay Marina4.517.8 mi
- Río Bayamón Golf Course4.515.5 mi
- Bahia Beach Resort & Golf Club4.75.4 mi
- Caguas Golf Club4.116.1 mi
- Wyndham Rio Mar Golf Course4.59.3 mi
- Fort Buchanan Golf Club4.414 mi
- Plaza Las Américas4.711.6 mi
- The Outlets at Montehiedra4.511.2 mi
- The Mall of San Juan4.68.4 mi
- San Patricio Plaza4.513.5 mi
- Plaza del Sol4.517.2 mi
- Luis Munoz Marin International Airport4.37.6 mi
- Fernando Luis Ribas Dominicci Airport4.413.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year estimates.
Requires a judicial process to execute a foreclosure sale. Homeowners have a right to cure defaults and a statutory right of redemption allowing them to reclaim the property within one year from the date of the foreclosure sale by paying outstanding debts.
Governed by the Mortgage and Property Registry Act of 1979 (Title 30, Chapter 121).
applies when — Property must be the owner's principal residence in Puerto Rico.
Provides a legal exemption from attachment and judicial foreclosure for a minimum amount of property value, protecting the principal residence from certain creditor claims.
Incorporated in Section 7, Article II of the Constitution of Puerto Rico; codified under the Homestead Right and Family Home Protection Act.
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).
Governed by the Municipal Code of Puerto Rico; liability attaches to the registered owner of record.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.