Pembroke, GA—31321
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pembroke, GA
As of Oct '25, the median home price in Pembroke, GA is $274,000, with a year-over-year change of 0.3%. This indicates that home prices in Pembroke, GA are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $274,000 | 0.3% |
| Single Family | $275,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | -5.3% |
3 Bed | $273,000 | 0.0% |
4 Bed | $385,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pembroke, GA
As of July '25, Rentcast reports the average rent in Pembroke, GA is $1,710, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Pembroke, GA is 1-bedrooms: $934, 2-bedrooms: $1,300, 3-bedrooms: $1,780, 4-bedrooms: $2,480. The most common rental property sizes in Pembroke, GA are 2-bedroom and 3-bedroom, accounting for 41.8% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $934 | $934 |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $1,750 | $1,780 |
| 4 Bed Rent | $2,300 | $2,480 |
% of Rental Stock
Property Listings — Pembroke, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pembroke, GA is 78. This is a increase of 76.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | -1.0% |
Listing Count | 32 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 78 | 76.0% |
Demographics — Pembroke, GA
As of the latest ACS Survey released in 2023, Pembroke, GA has a population of 7,760, which has increased by 1.6% over the past 5 years. Pembroke, GA is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 14.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,760 | 1.6% |
% Under 18 | 23.9% | -11.5% |
% Seniors | 16.7% | 35.8% |
% WFH | 3.5% | 20.7% |
% w/ College Degree | 14.0% | 26.1% |
As of the latest ACS Survey released in 2023, Pembroke, GA is a predominantly white area, with 80.2% of the population identifying as white. The white population has grown by 9.1% in the last 5 years. The second most common race or ethnicity in Pembroke, GA is black, making up 12.4% of the population. Foreign-born residents account for 0.6% of the population in Pembroke, GA, and this percentage has decreased by 53.8% 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 | 80.2% | 9.1% |
% Black | 12.4% | -42.3% |
% Hispanic | 1.0% | 11.1% |
% Asian | 0.8% | -11.1% |
% Foreign Born | 0.6% | -53.8% |
Mortgage and Risk — Pembroke, GA
According to HUD data as of 2023, there were 129 mortgage originations in Pembroke, GA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pembroke, GA. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Pembroke, GA
As of 2024, the percent of homes in Pembroke, GA under the Section 8 program is 1.4%. 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, GA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 77 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $226 | $934 | $1,160 |
| 2 Bedroom | $10 | $1,300 | $1,310 |
| 3 Bedroom | $30 | $1,750 | $1,780 |
| 4 Bedroom | -$220 | $2,300 | $2,080 |
Affordability — Pembroke, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $274,000 |
| Median Household Income | $70,800 |