Is Pembroke, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembroke is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Pembroke was a Buyer's Market.

Key Takeaway

Pembroke is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pembroke, GA

How much do homes in Pembroke, GA cost?

Median Sold Price

$264,250

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$9,250(+3.6%)

Key Takeaway

Homes in Pembroke have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Pembroke was $264,250 in September 2024, up 3.6% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $200K$186.4K
-6.8%
3 $242K$260K
+7.4%
4 $262K$336.2K
+28.3%
5+ $711.9K$589.5K
-17.2%

Summary: Pembroke housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes decreased by 17.2%.

Housing Supply in Pembroke, GA

How many homes are available in Pembroke, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3735-5.4%

Summary: The Pembroke real estate market had 35 homes for sale in September 2024, a 5.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1819
+5.6%
4 108
-20.0%
5+ 44
0.0%

Summary: The Pembroke housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pembroke, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pembroke in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Pembroke, GA

How long does it take to sell a home in Pembroke, GA?

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pembroke are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Pembroke; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Pembroke, GA

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