Pembroke, MA 02359 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pembroke, MA—02359

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$677,000

3.9% YoY Growth

Household Income

$141,000

36.0% YoY Growth

Days on Market

214.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$2,950

11.3% YoY Growth

1-Bed Rent

$2,570

N/A

2-Bed Rent

$2,950

40.5% YoY Growth

3-Bed Rent

$4,800

1.1% YoY Growth

Home Price Trends — Pembroke, MA

As of May '26, the median home price in Pembroke, MA is $677,000, with a year-over-year change of 3.9%. This indicates that home prices in Pembroke, MA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$677,000	3.9%
Single Family	$690,000	3.9%
Condos	$494,000	3.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pembroke, MA

As of July '25, Rentcast reports the average rent in Pembroke, MA is $3,530, with a year-over-year rent change of -11.3%. Per bedroom, the median rent as of July '25 in Pembroke, MA is 1-bedrooms: $2,570, 2-bedrooms: $2,950, 3-bedrooms: $4,800, 4-bedrooms: $3,800. The most common rental property sizes in Pembroke, MA are 1-bedroom and 2-bedroom, accounting for 49.3% and 31.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,950	$3,530
Studio Rent	N/A	N/A
1 Bed Rent	$2,570	$2,570
2 Bed Rent	$2,950	$2,950
3 Bed Rent	$4,800	$4,800
4 Bed Rent	$3,800	$3,800

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% of Rental Stock

Studio

2.3%

1 Bedroom

49.3%

2 Bedrooms

31.2%

3 Bedrooms

10.9%

5+ Bedrooms

6.3%

Property Listings — Pembroke, MA

As of May '26, Realtor.com reports that the median days on market for a home in Pembroke, MA is 30. This is a increase of 214.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$659,000	7.0%
Listing Count	38	70.0%
Listings as % of Homes	0.1%	70.0%
Days on Market	30	214.0%

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Demographics — Pembroke, MA

As of the latest ACS Survey released in 2023, Pembroke, MA has a population of 18,300, which has remained stable by 0.2% over the past 5 years. Pembroke, MA is a moderately popular place for families, as children make up 19.8% of the population. The area has a highly educated workforce, with 45.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,300	0.2%
% Under 18	19.8%	-8.3%
% Seniors	18.8%	26.2%
% WFH	17.9%	336.6%
% w/ College Degree	45.7%	18.7%

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As of the latest ACS Survey released in 2023, Pembroke, MA is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Pembroke, MA is hispanic, making up 2.0% of the population. Foreign-born residents account for 3.5% of the population in Pembroke, MA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.0%	-1.1%
% Black	0.5%	0.0%
% Hispanic	2.0%	53.8%
% Asian	1.4%	-6.7%
% Foreign Born	3.5%	0.0%

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Mortgage and Risk — Pembroke, MA

According to HUD data as of 2023, there were 343 mortgage originations in Pembroke, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Pembroke, MA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	343
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Pembroke, MA

As of 2024, the percent of homes in Pembroke, MA under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Pembroke, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	128
Total Units Section 8	79
% Rentals under Section 8	10.1%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$260	$2,570	$2,310
2 Bedroom	-$210	$2,950	$2,740
3 Bedroom	-$1,500	$4,800	$3,300
4 Bedroom	-$170	$3,800	$3,630

Pembroke, MA—02359

Key Metrics at a Glance

Home Price Trends — Pembroke, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pembroke, MA

% of Rental Stock

Property Listings — Pembroke, MA

Demographics — Pembroke, MA

Race and Ethnicity

Mortgage and Risk — Pembroke, MA

Mortgages

Rentals and Section 8 — Pembroke, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Pembroke, MA

Home Price to Income Ratio

Pembroke, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Monponsett

Hanson, MA

Hanover, MA

Duxbury, MA

Kingston, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$677,000
Median Household Income	$141,000

Pembroke, MA—02359

Key Metrics at a Glance

Home Price Trends — Pembroke, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pembroke, MA

% of Rental Stock

Property Listings — Pembroke, MA

Demographics — Pembroke, MA

Race and Ethnicity

Mortgage and Risk — Pembroke, MA

Mortgages

Rentals and Section 8 — Pembroke, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Pembroke, MA

Home Price to Income Ratio

Pembroke, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Monponsett

Hanson, MA

Hanover, MA

Duxbury, MA

Kingston, MA

Frequently Asked Questions

What is the average home price in Pembroke, MA 02359?

How have home prices in Pembroke, MA 02359 changed over the past year?

What is the home price projection for Pembroke, MA 02359?

What are the demographics of Pembroke, MA 02359?

How long does it take homes to sell in Pembroke, MA 02359?

What is the average rent price in Pembroke, MA 02359?