The story of this market
The typical home in Corozal, Puerto Rico sells for about $119,700, or $73 per square foot.
Prices are up +2.1% 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 $496 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.
Corozal, Puerto Rico
The Corozal housing market remains stable but stagnant, characterized by low transaction volume and high affordability relative to the San Juan metro area. Market activity is driven by local demand rather than external investment, with limited new development and a reliance on existing housing stock. The lack of significant economic growth and high poverty rates continue to constrain upward price pressure.
No ARED county foreclosure postings attributed to Corozal 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 up 2.5% year over year.
Homes spend a median of 145 days on market with 9.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.4% · poverty 52.3% — 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 historic religious site that serves as a central community anchor and reflects the town's cultural identity.
Provides essential green space for community gatherings and local sports, supporting the town's active volleyball culture.
Corozal is best suited for local families and individuals seeking a quiet, rural lifestyle in the central mountains, as well as budget-conscious buyers looking for affordable entry-level housing away from the high costs of the San Juan metro area.
Public education in Corozal is managed by the Puerto Rico Department of Education, with school quality generally reflecting the broader challenges of the island's public system, including resource constraints and varying academic performance metrics.
Transportation is heavily reliant on private vehicles, with access to the San Juan metro area provided via winding mountain roads that can be prone to weather-related delays.
Corozal is known for its strong volleyball culture and scenic mountainous terrain, offering residents access to local parks and outdoor recreational spaces that highlight the region's agricultural heritage.
The rental market is characterized by low turnover and limited institutional investment, with most rental activity occurring in the informal sector or through local word-of-mouth, keeping rents relatively affordable.
The local economy is primarily driven by small-scale agriculture, local government services, and retail, with limited large-scale private sector employment.
Economic momentum is currently limited, with the municipality experiencing a slight population decline and a reliance on traditional agricultural and small-scale service sectors rather than large-scale industrial development.
There are no major large-scale commercial or residential developments currently under construction in the city center.
Parcels are subject to standard municipal property tax assessments by CRIM, with no significant special utility or hospital districts reported.
Crime data for Corozal is not specifically isolated in recent public reports, though regional trends in Puerto Rico's central mountain range generally show lower violent crime rates compared to the San Juan metropolitan area.
The municipality is located in a mountainous region prone to heavy rainfall, landslides, and tropical storm impacts, necessitating robust flood insurance and structural reinforcement for residential properties.
Property insurance premiums are influenced by the region's high exposure to hurricane and flood risks, making comprehensive coverage a significant cost factor for homeowners.
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 1.5%/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 1.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and ACS 2024 5-year 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. Source: NCES EDGE public school locations 2023-24.