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Sarah Mitchell

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Compass Real Estate · Pembroke Pines, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Pembroke Pines, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Pembroke Pines, FL Housing Market

Buyer's market-1.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Pembroke Pines, FL is worth $488,121, fell 1.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $495,200, -14.7% year over year (through May 2026). With 5.6 months of supply and homes going under contract in about 74 days, Pembroke Pines is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $488,121 home is about $2,606/mo in principal and interest.

Key numbers for Pembroke Pines, FL

Typical home value

$488,121

-1.6% in 12 months

Zillow, August 2026

Typical asking rent

$2,608/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$495,200

-14.7% year over year

Redfin, through May 2026

Days on market

74

Slow-moving

Redfin, through May 2026

Active listings

856

5.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$81,675

Home costs 6.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.6%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Pembroke Pines a buyer's or seller's market?

Buyer's market5.6 months of supply74 days on market96.6% of asking

Pembroke Pines, FL is a buyer's market, based on 5.6 months of supply and homes selling in about 74 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Pembroke Pines housing market data show?

Every row below is Redfin's final published month for Pembroke Pines, FL. Redfin, through May 2026

Housing market statistics for Pembroke Pines, FL, Redfin through May 2026
MetricValue
Median sale price$495,200
Median list price$502,000
Year-over-year price change-14.7%
Median price per sq ft$303/sq ft
Median days on market74 days
Active inventory856 listings
Months of supply5.6 months
Sale-to-list price ratio96.6%
Homes sold (that month)154
New listings (that month)222
Listings with a price cut23.3%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Pembroke Pines is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Pembroke Pines is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Pembroke Pines home prices moved?

Over the last three years the median sale price in Pembroke Pines, FL rose 9.4%, from $452,500 to $495,200. The live Zillow value series has fell 1.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.3% of Pembroke Pines listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 5.6 months while the sale-to-list ratio slips below its current 96.6%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Pembroke Pines?

Priced off the typical home value of $488,121 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Pembroke Pines, FL
Down paymentCash at closeLoan amountMonthly P&I
20%$97,624$390,497$2,606/mo
5%$24,406$463,715$3,094/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,606, that implies roughly $111,680 a year before you add taxes and insurance. The median household in Pembroke Pines earns $81,675, about $30,005 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Pembroke Pines in the next 12 months?

Tell us your timeline. We send the Pembroke Pines market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Pembroke Pines?

Typical asking rent in Pembroke Pines, FL is $2,608/mo, against a typical home value of $488,121. That is a price-to-rent ratio of 15.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,606 a month — $2 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Pembroke Pines?

Active listings in Pembroke Pines, FL went from 903 in May 2025 to 856 in May 2026, a -5.2% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Pembroke Pines, FL
MonthActive listingsNew listings
June 2025916217
July 2025893189
August 2025875173
September 2025857186
October 2025858201
November 2025852162
December 2025814165
January 2026884240
February 2026910207
March 2026928260
April 2026867213
May 2026856222

Redfin, through May 2026

How does Pembroke Pines compare to Florida and the U.S.?

Pembroke Pines homes sell for $495,200 — 17% above the Florida median of $421,500. Against the national median of $410,700, Pembroke Pines runs 21% higher. Year-over-year, Pembroke Pines moved -14.7% against Florida's +2.6% — a bigger swing than the state as a whole.

Pembroke Pines, FL compared with Florida and the United States
MarketMedian sale priceYoYDays on market
Pembroke Pines, FL$495,200-14.7%74 days
Florida statewide$421,500+2.6%66 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Pembroke Pines

What buyers should watch

  • Months of supply, currently 5.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 23.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $489 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $488,121 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Pembroke Pines listing goes under contract in 74 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 96.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Pembroke Pines added 222 new listings against 154 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Pembroke Pines varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Pembroke Pines

There are currently 856 homes listed for sale in Pembroke Pines, Florida. The median listing price is $502K. Featured listings range from $130,000 to $370,000.

multi-family for sale at 170 Appaloosa Trl Pembroke Pines 33867 - $130,000
Video Tour3D Tour
21
$130,000
20d

170 Appaloosa Trl

Pembroke Pines, FL 33867

Multi-family2,400 sqft lot
HOA $314/mo
View photos & details
multi-family for sale at 124 Stallion Ln Pembroke Pines 33867 - $134,999
6
$134,999
2mo

124 Stallion Ln

Pembroke Pines, FL 33867

Multi-family2,409 sqft lot
HOA $325/mo
View photos & details
multi-family for sale at 187 Longhorn Dr Pembroke Pines 33867 - $140,000
Video Tour3D Tour
25
$140,000
2mo

187 Longhorn Dr

Pembroke Pines, FL 33867

Multi-family2,400 sqft lot
HOA $314/mo
View photos & details
1 bedroom townhouse for sale at 3200 River Ranch Blvd #170 Pembroke Pines 33867 - $150,000
Video Tour3D Tour
23
$150,000
2mo

3200 River Ranch Blvd #170

Pembroke Pines, FL 33867

1 bd1 ba481 sqft$312/ft²
TownhouseBuilt 1992300 sqft lot
HOA $586/mo
View photos & details
multi-family for sale at 411 Longhorn Dr Pembroke Pines 33853 - $150,000
15
$150,000
2mo

411 Longhorn Dr

Pembroke Pines, FL 33853

Multi-family2,161 sqft lot
HOA $314/mo
View photos & details
multi-family for sale at 185 Appaloosa Trl Pembroke Pines 33867 - $150,000
Video Tour3D Tour
24
$150,000
2mo

185 Appaloosa Trl

Pembroke Pines, FL 33867

Multi-family2,400 sqft lot
HOA $314/mo
View photos & details
multi-family for sale at 345 Deer Ct Pembroke Pines 33898 - $158,000
30
$158,000
28d

345 Deer Ct

Pembroke Pines, FL 33898

Multi-family5,554 sqft lot
HOA $314/mo
View photos & details
multi-family for sale at 186 Longhorn Dr Pembroke Pines 33867 - $172,000
14
$172,000
1mo

186 Longhorn Dr

Pembroke Pines, FL 33867

Multi-family2,400 sqft lot
HOA $316/mo
View photos & details
2 bedroom home for sale at 34 Appaloosa Trl Pembroke Pines 33867 - $199,000
Video Tour3D Tour
30
$199,000
27d

34 Appaloosa Trl

Pembroke Pines, FL 33867

2 bd2 ba756 sqft$263/ft²
Built 19844,713 sqft lot
HOA $236/mo
View photos & details
multi-family for sale at 312 Gator Aly Pembroke Pines 33898 - $245,000
Video Tour3D Tour
30
$245,000
2mo

312 Gator Aly

Pembroke Pines, FL 33898

Multi-family4,116 sqft lot
HOA $314/mo
View photos & details
2 bedroom home for sale at 83 Roan Rd Pembroke Pines 33898 - $269,000
20
$269,000
2mo

83 Roan Rd

Pembroke Pines, FL 33898

2 bd1.5 ba912 sqft$295/ft²
Built 19904,635 sqft lot
HOA $236/mo
View photos & details
multi-family for sale at 453 Waterway Dr Pembroke Pines 33867 - $370,000
Video Tour3D Tour
31
$370,000
2mo

453 Waterway Dr

Pembroke Pines, FL 33867

Multi-family4,556 sqft lot
HOA $314/mo
View photos & details

Looking to buy in Pembroke Pines?

Get connected with a local real estate expert — free, no obligation.

Active listings

856

Homes on market

Median list price

$502K

Avg. days on market

74

Days until sale

New this week

222

Newly listed

Price drops:23.3%of listings
Sale-to-list:96.6%

How much do homes cost in Pembroke Pines by property type?

How the Pembroke Pines, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Pembroke Pines, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$680,000$340/sq ft8155 days
Condo / co-op$188,000$167/sq ft54125 days
Townhouse$439,000$295/sq ft1976 days

Who lives in Pembroke Pines?

American Community Survey estimates for Pembroke Pines. U.S. Census ACS, 2023

Population

170,557

Households

63,994

Median income

$81,675/yr

Median age

43.7 years

Owner-occupied

70.8%

Median home value

$411,700

Median gross rent

$1,910/mo

Mean commute

30.6 min

70.8% of occupied homes in Pembroke Pines are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $411,700 against Zillow's $488,121 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,910/mo, below Zillow's $2,608/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Pembroke Pines?

29 schools tracked · 25,926 students

The largest public schools serving Pembroke Pines, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

WEST BROWARD HIGH SCHOOL

Grades 9-12 · 2,531 students

Public

CHARLES W FLANAGAN HIGH SCHOOL

Grades 9-12 · 2,330 students

Public

CITY/PEMBROKE PINES CHARTER HIGH SCHOOL

Grades 6-12 · 2,153 students

Charter

PEMBROKE PINES CHARTER ELEMENTARY SCHOOL

Grades K-5 · 1,904 students

Charter

SOMERSET ACADEMY CHARTER HIGH

Grades 9-12 · 1,486 students

Charter

FRANKLIN ACADEMY PEMBROKE PINES

Grades K-8 · 1,395 students

Charter

CITY/PEMBROKE PINES CHARTER MIDDLE SCHOOL

Grades 6-8 · 1,336 students

Charter

FRANKLIN ACADEMY PEMBROKE PINES HIGH SCHOOL

Grades 6-12 · 1,188 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Pembroke Pines, FL?

Ordered by distance from Pembroke Pines, not by size. Compare Pembroke Pines side by side with any of them.

Which ZIP codes are in Pembroke Pines?

These are the ZIP codes we see on active Pembroke Pines listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Pembroke Pines housing market FAQ

Is Pembroke Pines a buyer's or seller's market?

Pembroke Pines, FL is currently a buyer's market. That read comes from 5.6 months of supply, homes going under contract in about 74 days, and sellers getting 96.6% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Pembroke Pines?

The typical home in Pembroke Pines, FL is worth $488,121 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $495,200, about $303 per square foot.

Is Pembroke Pines cheaper than the rest of Florida?

Pembroke Pines's median sale price of $495,200 is 17% higher than the Florida statewide median of $421,500, and 21% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Pembroke Pines?

Homes in Pembroke Pines, FL spent a median of 74 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Pembroke Pines?

At the current 30-year fixed rate of 7.03%, 20% down on a $488,121 home is about $2,606 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $111,680 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $81,675.

Are home prices rising in Pembroke Pines?

The typical home value in Pembroke Pines, FL fell 1.6% over the last 12 months, from $496,156 to $488,121 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Pembroke Pines?

Pembroke Pines ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Pembroke Pines?

That depends on your timeline, not on a headline. What the data says today: Pembroke Pines, FL is a buyer's market with 5.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.