The story of this market
The typical home in ZIP 00823 sells for about $350,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 00823 — Christiansted
The housing market in 00823 remains stable with moderate price appreciation and consistent demand. Inventory levels are low, which continues to support current pricing, though buyer activity is tempered by broader economic conditions. No significant shifts in market trajectory are expected in the near term.
This ZIP is well-suited for families and long-term residents seeking a stable suburban environment with access to essential amenities. It is less ideal for those requiring high-frequency public transit or proximity to dense urban employment cores.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 3.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 14.0% — a stable, low-distress 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 4.0%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 00823, Saint Thomas
Crime rates in this area are generally consistent with regional averages for suburban residential zones, with property crime being the primary reported concern. Local law enforcement maintains a stable presence, and residents typically report feeling secure in established neighborhoods.
The area is served by a mix of public schools that generally maintain average state performance ratings. Families often prioritize the district's extracurricular programs and community-focused initiatives.
The geography is subject to standard regional climate risks, primarily related to seasonal storm activity and localized flooding in low-lying areas. Property insurance remains available, though premiums reflect the broader regional exposure to wind and hail events.
Economic momentum is driven by proximity to regional employment hubs and steady residential infill development. Infrastructure improvements are focused on maintaining traffic flow along primary arterial corridors.
Property taxes are assessed at the county level based on fair market value, with rates determined by the aggregate of school, city, and county levies. Homestead exemptions are available for primary residences to mitigate the impact of rising valuations.
Residents primarily rely on personal vehicles for commuting to nearby employment centers, with access to major highway arteries. Public transit options are limited, making the area most suitable for those with private transportation.
The area features several community parks and greenbelts that provide walking trails and recreational space. Shopping and dining options are concentrated in nearby commercial plazas within a short drive.
The rental market is stable with moderate vacancy pressure, primarily serving long-term residents. There is a limited presence of short-term rentals, and rent growth has tracked closely with regional inflation.
The local economy is supported by a mix of service-sector businesses, retail, and small-scale professional services. It benefits from its role as a residential base for the broader regional workforce.
Transportation is dominated by private vehicle use, with connectivity provided by a network of local roads and nearby highway access. Public transit infrastructure is minimal.
Development is focused on maintaining existing residential character while allowing for modest infill and infrastructure maintenance. No large-scale commercial projects are currently under construction.
The county appraisal district conducts annual assessments to determine property values for tax purposes, utilizing market-based valuation models.
Parcels are subject to standard municipal and county tax districts, with no significant special utility or improvement districts noted.
Property insurance availability is stable, though premiums are influenced by regional risk factors including wind and storm exposure.
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.
- 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.
Provides walking paths and open green space for residents.
Serves as the primary retail hub for the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.