Pembroke Pines, FL—33026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pembroke Pines, FL
As of Oct '25, the median home price in Pembroke Pines, FL is $449,000, with a year-over-year change of -3.8%. This indicates that home prices in Pembroke Pines, FL are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $449,000 | -3.8% |
| Single Family | $517,000 | -3.7% |
| Condos | $207,000 | -15.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $145,000 | -17.1% |
2 Bed | $328,000 | -5.5% |
3 Bed | $507,000 | -3.8% |
4 Bed | $749,000 | -3.1% |
| 5 Bed | $968,000 | -2.3% |
% of Housing Stock
Rental Trends — Pembroke Pines, FL
As of July '25, Rentcast reports the average rent in Pembroke Pines, FL is $3,080, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Pembroke Pines, FL is studios: $1,420, 1-bedrooms: $1,780, 2-bedrooms: $2,400, 3-bedrooms: $3,330, 4-bedrooms: $5,470. The most common rental property sizes in Pembroke Pines, FL are 2-bedroom and 3-bedroom, accounting for 46.6% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,080 |
| Studio Rent | $1,350 | $1,420 |
| 1 Bed Rent | $1,700 | $1,780 |
| 2 Bed Rent | $2,400 | $2,400 |
| 3 Bed Rent | $3,200 | $3,330 |
| 4 Bed Rent | $5,000 | $5,470 |
% of Rental Stock
Property Listings — Pembroke Pines, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pembroke Pines, FL is 86. This is a increase of 49.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 15.0% |
Listing Count | 233 | 28.0% |
| Listings as % of Homes | 0.8% | 28.0% |
Days on Market | 86 | 49.0% |
Demographics — Pembroke Pines, FL
As of the latest ACS Survey released in 2023, Pembroke Pines, FL has a population of 30,400, which has decreased by -2.1% over the past 5 years. Pembroke Pines, FL is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,400 | -2.1% |
% Under 18 | 19.2% | -3.0% |
% Seniors | 21.1% | 16.6% |
% WFH | 14.2% | 158.2% |
% w/ College Degree | 39.2% | -1.0% |
As of the latest ACS Survey released in 2023, Pembroke Pines, FL is a predominantly hispanic area, with 40.6% of the population identifying as hispanic. The hispanic population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Pembroke Pines, FL is white, making up 35.1% of the population. Foreign-born residents account for 35.2% of the population in Pembroke Pines, FL, and this percentage has increased by 18.1% 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 | 35.1% | -13.1% |
% Black | 15.5% | 40.9% |
% Hispanic | 40.6% | -2.4% |
% Asian | 3.8% | -20.8% |
% Foreign Born | 35.2% | 18.1% |
Mortgage and Risk — Pembroke Pines, FL
According to HUD data as of 2023, there were 424 mortgage originations in Pembroke Pines, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Pembroke Pines, FL. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 424 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pembroke Pines, FL
As of 2024, the percent of homes in Pembroke Pines, FL under the Section 8 program is 6.6%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Pembroke Pines, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 154 |
Total Units Section 8 | 154 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,700 | $2,240 |
| 2 Bedroom | $370 | $2,400 | $2,770 |
| 3 Bedroom | $620 | $3,200 | $3,820 |
| 4 Bedroom | -$350 | $5,000 | $4,650 |
Affordability — Pembroke Pines, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $449,000 |
| Median Household Income | $87,100 |