Pembroke Pines, FL—33028
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 $673,000, 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 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $673,000 | -3.8% |
| Single Family | $678,000 | -4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | -3.7% |
3 Bed | $571,000 | -3.5% |
4 Bed | $754,000 | -3.3% |
| 5 Bed | $961,000 | -3.9% |
% of Housing Stock
Rental Trends — Pembroke Pines, FL
As of July '25, Rentcast reports the average rent in Pembroke Pines, FL is $4,060, with a year-over-year rent change of 9.7%. Per bedroom, the median rent as of July '25 in Pembroke Pines, FL is 1-bedrooms: $2,070, 2-bedrooms: $2,690, 3-bedrooms: $3,510, 4-bedrooms: $4,770. The most common rental property sizes in Pembroke Pines, FL are 2-bedroom and 3-bedroom, accounting for 36.2% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,140 | $2,070 |
| 2 Bed Rent | $2,680 | $2,690 |
| 3 Bed Rent | $3,400 | $3,510 |
| 4 Bed Rent | $4,500 | $4,770 |
% 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 62. This is a increase of 51.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $698,000 | -9.0% |
Listing Count | 92 | -9.0% |
| Listings as % of Homes | 0.7% | -9.0% |
Days on Market | 62 | 51.0% |
Demographics — Pembroke Pines, FL
As of the latest ACS Survey released in 2023, Pembroke Pines, FL has a population of 28,000, which has increased by 2.8% over the past 5 years. Pembroke Pines, FL is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 56.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,000 | 2.8% |
% Under 18 | 24.5% | 10.9% |
% Seniors | 12.8% | 13.3% |
% WFH | 14.3% | 101.4% |
% w/ College Degree | 56.8% | 22.4% |
As of the latest ACS Survey released in 2023, Pembroke Pines, FL is a predominantly hispanic area, with 45.0% of the population identifying as hispanic. The hispanic population has grown by 6.1% in the last 5 years. The second most common race or ethnicity in Pembroke Pines, FL is white, making up 22.6% of the population. Foreign-born residents account for 38.8% of the population in Pembroke Pines, FL, and this percentage has decreased by 3.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.6% | -28.5% |
% Black | 16.1% | -9.6% |
% Hispanic | 45.0% | 6.1% |
% Asian | 9.7% | 18.3% |
% Foreign Born | 38.8% | -3.2% |
Mortgage and Risk — Pembroke Pines, FL
Pembroke Pines, FL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Pembroke Pines, FL
As of 2024, the percent of homes in Pembroke Pines, FL under the Section 8 program is 11.9%. 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 Pines, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 235 |
Total Units Section 8 | 235 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $2,140 | $2,770 |
| 2 Bedroom | $750 | $2,680 | $3,430 |
| 3 Bedroom | $1,340 | $3,400 | $4,740 |
| 4 Bedroom | $1,260 | $4,500 | $5,760 |
Affordability — Pembroke Pines, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $673,000 |
| Median Household Income | $112,000 |