The story of this market
The typical home in Patillas, Puerto Rico sells for about $87,900, or $80 per square foot.
Prices are up +9.19% from a year ago, so sellers still have some momentum. Homes take about 180 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $650 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.
Patillas, Puerto Rico
Patillas exhibits a stable but economically challenged housing market, characterized by low median home values and high poverty rates. Demand is primarily driven by local residents and a niche short-term rental market, though limited infrastructure and economic growth constrain broader investment activity.
No ARED county foreclosure postings attributed to Patillas yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
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.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 14.2% · poverty 60.5% — elevated distress and economic pressure.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major reservoir providing water resources and recreational fishing opportunities, serving as a central landmark for the municipality.
A popular coastal destination that attracts local tourism and supports the regional leisure economy.
Patillas is best suited for local families, retirees, and investors looking for affordable coastal property or vacation rental opportunities in a quiet, scenic environment.
Public education is managed through the Puerto Rico Department of Education, with local schools serving the municipality's rural and urban student populations.
Transportation is primarily via regional highways connecting Patillas to neighboring Guayama and Humacao; public transit options are limited.
Patillas is known for its natural beauty, featuring the Patillas Lake (Lago de Patillas) and several coastal beaches that serve as primary recreational hubs for residents and visitors.
The rental market is characterized by a mix of long-term local housing and a growing short-term rental presence, with average Airbnb nightly rates around $206 and occupancy rates near 39%.
The economy is largely driven by small-scale agriculture, local services, and tourism, with significant reliance on public sector employment.
Economic momentum is limited, with the local economy primarily supported by small-scale agriculture, tourism, and public sector employment.
Parcels are subject to standard municipal property tax levies managed by CRIM, with no significant MUD or PID structures reported.
Patillas is highly susceptible to tropical storm and hurricane impacts due to its coastal location on the Caribbean Sea, necessitating robust wind and flood insurance coverage.
Property insurance premiums are elevated due to the high risk of hurricane and flood damage in this coastal region.
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).
Researched annual trajectory for this city, 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 city'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.
Data retrieved from Census Reporter and Data USA profiles for Patillas, PR.
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. Source: NCES EDGE public school locations 2023-24.