Foreclosure Homes in Ponce, PR

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View this home at Calle Palma Real Ponce PR 00716
Calle Palma Real
Ponce, PR 00716
AUCTION: 04-23-2024
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Top Reasons To Live In Ponce, PR In 2024

Ponce is located in Ponce, Puerto Rico, with an estimated municipal population of 113,401 residents. All of the best foreclosed homes for sale in Ponce are located in the following zip code areas on 00728 00717 00716 00730 00732 00733 00734. The estimated population per square kilometer (.62 miles) in Ponce is 1,426.

Cost Of Living In Ponce, PR

So, about how much do homes cost in Ponce? The most recent median value of resident-owned homes in Ponce is 101,438. An estimated 64.5 percent of households in Ponce own their homes, with an average family size of 3.24. The median household income in Ponce is 17,419, with3.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ponce, the median commute time of resident workers (in minutes) is 22.6. And last, but certainly not least, are you looking for homes to rent in Ponce? If so, the average rent price paid by renters in Ponce is 371, according to recent statistics.

Diversity And Demographics In Ponce, Puerto Rico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ponce, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

Looking for family-friendly neighborhoods in and/or near Ponce? Or maybe you are searching for 55+ active adult communities in and/or near Ponce?

The percentage of residents who report their age in Ponce is as follows:

Under 10 10.5%
Aged 10-19 12.3%
20s 14.3%
30s 11.2%
40s 11%
50s 12.3%
60s 13.4%
70s 9.3%
80+ 5.7%

Best Schools In Ponce, Puerto Rico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ponce with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ponce.

Pros And Cons Of Living In Ponce, Puerto Rico

How do you know that living in -- or moving to -- Ponce is right where you need to be? Perhaps you grew up in Ponce or already live nearby; therefore, the decision to buy a home in Ponce is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ponce for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ponce:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ponce.

Reasons To Move To Ponce, Puerto Rico, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ponce can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ponce, meanwhile, can field multiple offers from more qualified buyers.

Ponce, PR Foreclosures


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