The story of this market
The typical home in ZIP 00705 sells for about $145,000, or $112 per square foot.
Prices are up +2.4% 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 $481 a month.
ZIP 00705 — Aibonito
The housing market in 00705 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than external investment, resulting in a slow-moving, steady environment. Some figures, such as specific price-cut percentages, are not published at the ZIP level and are omitted.
This ZIP is best suited for local families and individuals seeking a cooler, mountainous climate and a slower pace of life, rather than commuters or investors looking for high-yield urban assets.
Median prices moved up 2.4% 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 6.8% · poverty 46.8% — 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 2.6%/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 2.4%/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 00705, Aibonito Municipio, 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.
Crime rates in Aibonito are generally lower than the Puerto Rico urban average, with property crime being the primary concern.
Public schools in the area are managed by the Puerto Rico Department of Education, with performance metrics varying significantly across the district.
The area is subject to tropical storm and hurricane risks common to central Puerto Rico, with mountainous terrain increasing vulnerability to landslides during heavy rainfall.
Economic momentum is driven by local agriculture, small-scale manufacturing, and public sector employment, with limited large-scale commercial development.
Property taxes are administered by the Municipal Revenue Collection Center (CRIM); rates are set by the municipality and the central government, with specific exemptions for primary residences.
Commuting to the San Juan metropolitan area typically requires a drive of over an hour via PR-52, as public transit options are limited.
The area features the San Cristóbal Canyon, one of the deepest in the Caribbean, offering significant hiking and eco-tourism opportunities.
The rental market is characterized by low turnover and a high share of long-term local residents, with minimal short-term rental saturation compared to coastal tourist hubs.
The local economy is anchored by agriculture, particularly flower production, and small-scale manufacturing facilities.
Transportation is heavily reliant on private vehicles, with PR-14 and PR-52 serving as the primary arteries for regional connectivity.
Development is constrained by mountainous topography, with current planning focused on infrastructure maintenance and rural preservation.
The Municipal Revenue Collection Center (CRIM) manages all property assessments and tax collections for the municipality.
Parcels are subject to municipal taxes and standard Puerto Rico utility service districts.
Property insurance premiums are elevated due to high exposure to hurricane and wind damage, with many properties requiring specialized coverage.
Puerto Rico has experienced net domestic out-migration, though rural areas like Aibonito maintain a more stable population base compared to urban centers.
Foreclosures in Puerto Rico are judicial, requiring a court process that can be lengthy, with specific protections for primary residences.
Sellers are required to provide a disclosure statement regarding the physical condition of the property, including known defects.
Data retrieved from Census Bureau ZCTA-level tables; figures reflect standard rural Puerto Rico economic profiles.
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.
A major geological feature offering hiking trails and scenic views.
The historic center of the town, hosting local festivals and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.