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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Pembroke, GA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Pembroke, GA Housing Market Trends

With a population of 2,692, 881 total housing units (homes and apartments), and a median house value of $220,763, house prices in Pembroke are solidly below the national average.

Single-family detached homes are the single most common housing type in Pembroke, accounting for 55.70% of the city's housing units. Other types of housing that are prevalent in Pembroke include mobile homes or trailers ( 20.27%), large apartment complexes or high rise apartments ( 16.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.63%).

The most prevalent building size and type in Pembroke are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.07% owning and 50.93% renting.

There is a lot of housing in Pembroke built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Pembroke built between 2000 and later ( 25.68%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.18%). There's also some housing in Pembroke built before 1939 ( 5.21%).

Vacant housing appears to be an issue in Pembroke. Fully 14.96% of the housing stock is classified as vacant. Left unchecked, vacant Pembroke homes and apartments can be a drag on the real estate market, holding Pembroke real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Pembroke Home Appreciation Rates

In the last 10 years, Pembroke has experienced some of the highest home appreciation rates of any community in the nation. Pembroke real estate appreciated 116.46% over the last ten years, which is an average annual home appreciation rate of 8.03%, putting Pembroke in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pembroke definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Pembroke that despite a nationwide downturn in the housing market, Pembroke real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pembroke appreciation rates continue to be some of the highest in America, at 9.93%, which is higher than appreciation rates in 94.37% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pembroke. Pembroke appreciation rates in the latest quarter were at -0.16%, which equates to an annual appreciation rate of -0.62%.

Relative to Georgia, our data show that Pembroke's latest annual appreciation rate is higher than 90% of the other cities and towns in Georgia.

Average Home Values

Median Home Value

$220,763

Pembroke, GA Home Prices
> $1,394,000
$1,045,001 - $1,394,000
$697,001 - $1,045,000
$558,001 - $697,000
$418,001 - $558,000
$279,001 - $418,000
$140,001 - $279,000
$70,001 - $140,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
4.8%
4.8%
0.6%
0.6%
3.8%
3.8%
16.0%
16.0%
44.4%
44.4%
16.4%
16.4%
14.1%
14.1%
0% 100.0%
% of Homes
Average

for Georgia

Low

for nation

Number of Homes And Apartments:

881

Pembroke Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,791 / per month

Homeownership Rate

Owners
Renters
49.1%
49.1%
50.9%
50.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.0%
15.0%
85.0%
85.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.7%
25.7%
51.9%
51.9%
17.2%
17.2%
5.2%
5.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.7%
55.7%
0.0%
0.0%
7.6%
7.6%
16.4%
16.4%
20.3%
20.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
1.7%
1.7%
30.8%
30.8%
45.7%
45.7%
16.8%
16.8%
4.2%
4.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Pembroke

Zip Codes in Pembroke, GA