Foreclosure Homes in Pembroke Park, FL

Current Market Conditions in Pembroke Park, FL

The real estate market in Pembroke Park has shown resilience over the past year, with a moderate increase in home values driven by a combination of demand and limited inventory. Many buyers are attracted to the affordable housing options compared to nearby cities, leading to increased competition.

In the last month, there has been a noticeable uptick in interest from out-of-state buyers seeking to relocate for a warmer climate and lower cost of living. This is contributing to a slight increase in home prices, with homes selling at rates quicker than previous months.

Rent Prices In Pembroke Park, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pembroke Park, FL, is on a rollercoaster ride. The average rent price in Pembroke Park, FL, is $1,444.00. Indeed, when looking to rent in Pembroke Park, FL, you can expect to pay as little as $770.00 or as much as $4,540.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Pembroke Park, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.