Is Pembroke, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Pembroke was a Seller's Market.
Housing Prices in Pembroke, NC
How much do homes in Pembroke, NC cost?
Median Sold Price
$215,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Pembroke was $215,000 in February 2024, up 19.4% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $106.5K | $75K | -29.6% |
3 Bedrooms | $181.5K | $176.5K | -2.8% |
4 Bedrooms | $192K | $500K | +160.4% |
5+ Bedrooms | - | $205K | N/A |
Summary: Pembroke housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 160.4%, and 5+ bedroom homes did not change.
Housing Supply in Pembroke, NC
How many homes are available in Pembroke, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Pembroke real estate market had 8 homes for sale in February 2024, a 11.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pembroke housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Pembroke in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pembroke, NC
How long does it take to sell a home in Pembroke, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
103 Days | 9 Days | -91.3% |
Summary: Homes in Pembroke had an average of 9 days on market in Feb 2024, down by 91.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Pembroke; 100% 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.