Foreclosure Homes in Pembroke Park, FL

Current Market Conditions in Pembroke Park, FL

The real estate market in Pembroke Park is currently experiencing steady growth, buoyed by increased demand for single-family homes and townhouses. With a mix of older and newer properties, buyers are drawn to the community for its affordability compared to neighboring areas like Hollywood or the bustling Miami. Home values have seen a gradual increase over the last few months, with investors and first-time home buyers alike finding opportunities in this developing township.

The demand for rental properties in Pembroke Park is also on the rise, as many individuals are drawn to the vibrant lifestyle and local amenities. Given its strategic location, the area has become favorable for those seeking affordable housing options within commuting distance to major employment centers. This trend could further ignite the appreciation of property values over the coming years.

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.