The housing market in Pembroke, VA is thriving. The median house value in Pembroke is currently $185,100, which is significantly lower than the US median house value of $338,100. Despite the lower cost of housing in Pembroke compared to the national average, it has seen a much higher appreciation rate over the last year with 15.80%, compared to 8.27% for the US as a whole. This higher appreciation rate shows that Pembroke is an attractive area for people looking to purchase a home and may be indicative of future increases in property values.
The median home cost in Pembroke is $185,100. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Pembroke is up 15.8%.
Average Age of Homes
- The median age of Pembroke real estate is 56 years old
The Rental Market in Pembroke
- Renters make up 24.1% of the Pembroke population
- 0.0% of houses and apartments in Pembroke, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.