The story of this market
The typical home in ZIP 00638 sells for about $135,000, or $115 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $429 a month.
ZIP 00638 — Ciales
The housing market in 00638 remains stable with low transaction volume and modest price appreciation. Market conditions are driven by local demographic trends and the rural nature of the Ciales municipality, with limited new development activity.
This area is best suited for local families and individuals seeking a rural, mountainous lifestyle with lower housing costs, rather than commuters or investors looking for high-velocity urban markets.
Median prices moved up 3.2% year over year.
Homes spend a median of 98 days on market with 5.2 months of supply — a balanced-paced 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 11.8% · poverty 54.2% — 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 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 1.8%/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 00638, Ciales, 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.
The area is subject to tropical storm and hurricane risks common to central Puerto Rico, with flood zones identified in low-lying areas near local river systems.
Economic momentum is primarily driven by local agriculture and small-scale commerce, with limited large-scale industrial or corporate development reported.
Property taxes in Ciales are administered by the Puerto Rico Municipal Revenue Collection Center (CRIM), which assesses properties based on 1957 market values, often resulting in lower effective rates compared to the U.S. mainland.
Commuting is primarily car-dependent, with residents traveling via PR-149 toward larger employment hubs in the northern coastal region.
The area features access to mountainous terrain, local parks, and proximity to the Toro Negro State Forest for hiking and outdoor activities.
The rental market is characterized by low turnover and a high share of long-term local residents, with limited short-term rental inventory compared to coastal tourist hubs.
The economy is largely supported by agriculture, local government services, and small-scale retail businesses.
Transportation is heavily reliant on private vehicles due to the mountainous geography and limited public transit infrastructure.
The Centro de Recaudación de Ingresos Municipales (CRIM) manages all property assessments and tax collections for the municipality.
Parcels are subject to municipal zoning and state-level utility regulations managed by PREPA/LUMA for electricity.
Property insurance premiums are influenced by high exposure to wind and flood hazards, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA 00638 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 major mountainous forest reserve offering hiking trails and scenic views.
The central hub for local commerce and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.