Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$289,285
$533

Housing Market Overview

Metric Cayey Municipio Puerto Rico Avg US Average
Median Home Price $289,285 $132,443 $242,182
Price Trend (Annual %) 14.9% 0.9% 8.2%
Median Gross Rent $533 $562 $1,342
Rent Trend (Annual %) 2.4% 2.9% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Cayey Municipio
Puerto Rico
United States
Year Cayey Municipio Puerto Rico United States
Median Rent Over Time
Cayey Municipio
Puerto Rico
United States
Year Cayey Municipio Puerto Rico United States

Affordability

On average, housing unit costs 10.2 yearly household incomes in Cayey Municipio.

Metric Cayey Municipio Puerto Rico Avg US Average
Median Home Price $289,285 $132,443 $242,182
Median Household Income $28,441 $25,099 $78,145
Price-to-Income Ratio 10.2 5.3 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Cayey Municipio Puerto Rico Avg US Average
Homeownership Rate 51.2% 53.6% 58.2%
Rental Rate 32.0% 25.1% 31.3%
Vacancy Rate 16.9% 21.3% 10.6%
Median Tenure (years) 24.0 24.0 15.0
Median Year Moved In 2002 2002 2011

Housing Stock

Metric Cayey Municipio Puerto Rico Avg US Average
Average Household Size 2.49 people 2.59 people 2.54 people
Median Structure Built Year 1983 1980 1978
Median Number of Rooms 4.9 4.7 5.5