The story of this market
The typical home in ZIP 00728 sells for about $135,000, or $115 per square foot.
Prices are up +2.4% 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 $568 a month.
ZIP 00728 — Ponce
The housing market in 00728 remains stable with modest price appreciation driven by limited inventory and steady local demand. Affordability remains a primary concern for residents, as indicated by high renter cost-burden rates and stagnant income growth. Market activity is characterized by low turnover and a reliance on local buyers rather than speculative investment.
This ZIP is primarily suited for local families and long-term residents seeking affordable housing options, as the market lacks the high-end amenities or rapid appreciation typically sought by outside investors.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 7.9 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 8.2% · poverty 49.4% — 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 1.8%/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 00728, Ponce Municipio, 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 rates in Ponce are generally higher than the Puerto Rico average, with property crime being the most frequently reported issue in urbanized sectors of the ZIP.
Public schools in the Ponce area face significant resource challenges, with many institutions receiving lower performance ratings compared to the national average.
The area is subject to tropical storm and hurricane risks, with specific low-lying sectors designated as flood-prone zones requiring mandatory flood insurance for federally backed mortgages.
Economic momentum is currently slow, with the area relying heavily on local retail, public sector employment, and small-scale services rather than large-scale industrial expansion.
Property taxes are administered by the Municipal Revenue Collection Center (CRIM); rates are set by the municipality and include specific exemptions for primary residences (homestead exemption).
Commuting is primarily car-dependent, with residents relying on PR-2 and PR-10 to reach employment hubs in central Ponce and surrounding municipalities.
The area features access to local community parks and proximity to the coastal amenities of Ponce, though large-scale regional shopping and entertainment are concentrated in the city center.
The rental market is characterized by high demand for affordable units, with limited new construction and a significant portion of the stock consisting of older, multi-family dwellings.
The economy is anchored by the Port of Ponce, public administration, and healthcare services, with a significant portion of the workforce employed in retail and hospitality.
Transportation is dominated by private vehicle use; public transit options are limited to local bus routes with infrequent service.
Development is focused on urban revitalization projects within the historic core and infrastructure improvements near the port area.
Parcels are subject to municipal property taxes and standard utility service districts for water and electricity provided by the Puerto Rico Electric Power Authority.
Property insurance premiums are elevated due to high exposure to hurricane and seismic risks, making coverage a significant cost factor for homeowners.
Data retrieved from 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.
- 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.
Historic landmark and cultural center in Ponce.
Central gathering place and shopping district.
Coastal facility serving the southern region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.