Pembroke, VA—24136
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pembroke, VA
Home Price Trends — Pembroke, VA
As of Oct '25, the median home price in Pembroke, VA is $214,000, with a year-over-year change of 0.9%. This indicates that home prices in Pembroke, VA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 0.9% |
| Single Family | $214,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $142,000 | 0.0% |
3 Bed | $227,000 | 2.3% |
4 Bed | $309,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pembroke, VA
Pembroke, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Pembroke, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pembroke, VA is 29. This is a decrease of -42.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $271,000 | -46.0% |
Listing Count | 9 | -30.0% |
| Listings as % of Homes | 0.5% | -30.0% |
Days on Market | 29 | -42.0% |
Demographics — Pembroke, VA
As of the latest ACS Survey released in 2023, Pembroke, VA has a population of 3,280, which has increased by 3.8% over the past 5 years. Pembroke, VA is a moderately popular place for families, as children make up 16.6% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,280 | 3.8% |
% Under 18 | 16.6% | -5.1% |
% Seniors | 21.7% | -4.4% |
% WFH | 3.0% | 76.5% |
% w/ College Degree | 17.6% | -28.2% |
As of the latest ACS Survey released in 2023, Pembroke, VA is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Pembroke, VA is black, making up 2.1% of the population. Foreign-born residents account for 2.7% of the population in Pembroke, VA, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | -1.3% |
% Black | 2.1% | 10.5% |
% Hispanic | 1.8% | -33.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.7% | 200.0% |
Mortgage and Risk — Pembroke, VA
According to HUD data as of 2023, there were 62 mortgage originations in Pembroke, VA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pembroke, VA. Investor activity is low, as 5.0% 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 | 62 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Pembroke, VA
Pembroke, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | -$770 | $2,200 | $1,430 |
Affordability — Pembroke, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $214,000 |
| Median Household Income | $67,900 |