Foreclosure Homes in Pembroke, VA 24136

Current Market Conditions in Pembroke, VA

The real estate market in Pembroke has shown steady growth over the past year, with an increasing number of home sales. Demand for rural properties has risen, particularly among those looking for a retreat from crowded urban centers. The average home price has experienced a noticeable increase, reflecting the area's growing popularity.

Overall, Pembroke's market remains competitive, with a mix of new listings and a limited inventory causing some homes to sell quickly. Buyer interest is strong, particularly for homes offering land and proximity to outdoor recreational areas.

Rent Prices In Pembroke, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pembroke, VA, is on a rollercoaster ride. The average rent price in Pembroke, VA, is $954.00. Indeed, when looking to rent in Pembroke, VA, you can expect to pay as little as $480.00 or as much as $2,270.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Pembroke, VA -- 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.