Buying in Pembroke Pines: what it costs, what it rents for, how fast it sells

Pembroke Pines in twelve figures

Everything below comes from our own monthly tracking of 135 Florida areas. Nothing on this page is an estimate we made up, and nothing is a listing.

Figure	July 2026
Median sale price	$486,892
Price per square foot	$324
Typical rent	$2,907 a month
Gross yield, our arithmetic	7.16%
Property tax on the median home	$9,672
Days on market, median	65
Months of supply	4.5
Share of the asking price received	97.3%
Listings that cut the price	28.9%
Active inventory	2,532
New listings	1,157
Closings	921

If you are buying to live here

The median home is $486,892 — within a rounding error of the median across the 135 areas we track. On property tax alone that median home pays $9,672 a year in Broward — $806 a month, inside the mortgage payment.

The market here is roughly balanced: 4.5 months of supply, close to the six that mark the balance. And it is about average: 65 days, near the 72-day median. Sellers are getting 97.3% of what they ask, and 28.9% of listings cut the price before they sell — which is the number that tells you whether an offer below asking is an insult or a conversation.

If you are buying to rent

Typical rent is $2,907 a month, which on the median price is a gross yield of 7.16%. The median across the areas we track is 5.72%, so this is one of the stronger ones on this measure.

Gross is not net. Take the $9,672 of property tax off first and the yield is already down to 5.18%, before insurance, the association, vacancy or a single repair. That is the arithmetic the rental yield guide works through, and it is why a headline yield is a screening tool and not a decision.

If you are selling in Pembroke Pines

The median home takes 65 days to sell and collects 97.3% of its asking price. With 2,532 active listings against 921 closings in the month, that is 4.5 months of supply.

28.9% of listings here cut the price before selling. A price cut is what happens when the first number was wrong, and it costs more than the cut itself: a listing that has been sitting invites a lower offer.

Other areas in Broward

Same county, different numbers. These are the other ones we cover in depth:

Pompano Beach – central/oeste, Plantation, Miramar, Hollywood – Hollywood Hills/West, Sunrise, Davie, Oakland Park, Tamarac.

How this page was built

Median sale price, price per square foot, days on market, months of supply, inventory, new listings, closings, the share of the asking price received and the share of listings that cut it: Redfin Data Center, July 2026. Typical rent: Zillow. Gross yield and the property tax figure are our own arithmetic on those inputs — rent times twelve over price, and the county millage from the Florida Department of Revenue applied to the median value with the homestead exemption. Refreshed every month, and the month is printed above so you can see how old it is. This page has no listings on it and is not an offer.