Pembroke Park, FL Foreclosures
Current Market Conditions in in Pembroke Park, FL As of February 2026?
Over the past month, Pembroke Park's real estate market has continued to show resilience even amidst economic fluctuations. Home prices have remained stable, with minor increases observed due to a surge in buyer interest, especially amongst first-time homebuyers. Inventory remains low, but new listings are gradually emerging, suggesting a potential easing of pent-up demand. Pending sales reflect a slight uptick, indicating strong buyer activity as more people are looking to settle in this tranquil location.
How much do homes sell for in Pembroke Park, FL?
The average home price is currently $409,672.
What’s the average rental cost in Pembroke Park, FL?
The average rental price in Pembroke Park is $1,444.
What is the most expensive home in Pembroke Park?
The most expensive home sold in Pembroke Park had a price of $9,637,430.
What is currently the cheapest priced home in Pembroke Park, FL?
The cheapest home for sale in Pembroke Park is priced at $71,768.
Living in Pembroke Park, FL
Pembroke Park is a quaint community located in Broward County, Florida, known for its suburban charm and proximity to coastal amenities. Residents enjoy a variety of local businesses, parks, and easy access to major highways. With its strong sense of community, Pembroke Park is an ideal place for families and individuals looking for a peaceful yet connected lifestyle.
Buyer vs Seller Market in Pembroke Park, FL
The current real estate market in Pembroke Park is characterized by increasing demand, which has led to a modest rise in home prices over the past year. As more buyers seek out the suburban lifestyle offered here, the inventory of available homes is becoming tighter, creating a competitive market. Despite the challenges, Pembroke Park continues to attract both homebuyers and investors seeking to take advantage of its convenient location.
Recent trends indicate a growing interest in Pembroke Park due to its affordability compared to neighboring cities like Hollywood and Hallandale Beach. The town has seen a 10% increase in home prices over the last year, while the rental market remains robust, catering to a mix of families and young professionals.
Home Value Estimator For Pembroke Park, FL
There are currently 272 real estate properties
in Pembroke Park, FL,
with a median automated valuation model (AVM) price
of $280,848.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pembroke Park, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Pembroke Park, FL,
is $409,672.00, with the most expensive house
in Pembroke Park, FL, topping out
at $9,637,430.00 and the cheapest home
in Pembroke Park, FL,
clocking in at $71,768.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pembroke Park, FL!
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.