There are currently 50,874 real estate properties in Pembroke Pines, FL, with a median automated valuation model (AVM) price of $463,890.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pembroke Pines, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pembroke Pines, FL, is $476,766.00, with the most expensive house in Pembroke Pines, FL, topping out at $9,641,000.00 and the cheapest home in Pembroke Pines, FL, clocking in at $30,753.00. In other words, there’s something for every potential homebuyer or savvy investor in Pembroke Pines, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pembroke Pines, FL, is on a rollercoaster ride. The average rent price in Pembroke Pines, FL, is $2,013.00. Indeed, when looking to rent in Pembroke Pines, FL, you can expect to pay as little as $770.00 or as much as $7,120.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Pembroke Pines, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Pembroke Pines is located in Broward, Florida, with an estimated municipal population of 173,591 residents. All of the best foreclosed homes for sale in Pembroke Pines are located in the following zip code areas on Foreclosure.com: 33029 33028 33024 33026 33023 33027 33025 33084. The estimated population per square kilometer (.62 miles) in Pembroke Pines is 2,051.
So, about how much do homes cost in Pembroke Pines? The most recent median value of resident-owned homes in Pembroke Pines is 281,196. An estimated 71 percent of households in Pembroke Pines own their homes, with an average family size of 3.57. The median household income in Pembroke Pines is 68,745, with31.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pembroke Pines, the median commute time of resident workers (in minutes) is 31.9. And last, but certainly not least, are you looking for homes to rent in Pembroke Pines? If so, the average rent price paid by renters in Pembroke Pines is 1,515, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pembroke Pines, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Pembroke Pines is 40.9, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Pembroke Pines is 47.9, with an average family size of 3.57.
The percentage of residents who report their race in Pembroke Pines is as follows:
White | 65.8% |
Black / African American | 21% |
Asian | 4.9% |
American Indian / Alaskan Native | 0.4% |
Native Hawaiian / Other Pacifc Islander | 0.1% |
Multi-racial | 3.2% |
Other | 4.5% |
Looking for family-friendly neighborhoods in and/or near Pembroke Pines? Or maybe you are searching for 55+ active adult communities in and/or near Pembroke Pines?
The percentage of residents who report their age in Pembroke Pines is as follows:
Under 10 | 10.4% |
Aged 10-19 | 12.3% |
20s | 12.5% |
30s | 13% |
40s | 14.5% |
50s | 13.9% |
60s | 10.7% |
70s | 7.6% |
80+ | 5.1% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pembroke Pines with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pembroke Pines.
How do you know that living in -- or moving to -- Pembroke Pines is right where you need to be? Perhaps you grew up in Pembroke Pines or already live nearby; therefore, the decision to buy a home in Pembroke Pines is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pembroke Pines for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pembroke Pines:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pembroke Pines.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pembroke Pines can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pembroke Pines, meanwhile, can field multiple offers from more qualified buyers.
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