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Market Snapshot

Median listing price
$545K

The median listing price in Pembroke, MA ZIP 02359 is $544,900 as of June 2026.

Median rent
$2,645/mo

The median market rent in Pembroke, MA ZIP 02359 is $2,645/month as of June 2026.

Days on market
242 days

The median days on market in Pembroke, MA ZIP 02359 is 242 days as of June 2026. The market is currently hot.

Gross rental yield
5.82%

At a median list price of $544,900 and a median rent of $2,645/month, the gross rental yield in Pembroke, MA ZIP 02359 is 5.82% as of June 2026.

Pembroke, MA 02359 Real Estate Market Report

ZIP Code: 02359

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
37
Active Listings
14
Sold Properties
23

Market Metrics

Median Listing Price
$544,900
Median Sold Price
$546,900
Median Price per Sqft
$268/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,645

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.02%

Liquidity & Velocity

Median Days on Market
242
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Market Temperature
hot
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pembroke, MA, average 6.63%, which is 0.65% higher than the 5.98% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The market's realized value is best represented by median sold price $546,900, which indicates recent transaction prices and should be the primary anchor for valuation and comps in Pembroke; note that listing and sold values are close, suggesting limited premium between asking and achieved prices. stable pricing gap
  2. Liquidity appears muted given the median days on market 242, which suggests slower sales velocity and that properties may require longer exposure or more aggressive pricing/terms to transact; this slower sales velocity may increase negotiation leverage for buyers on non-discounted listings.
  3. Supply-demand framing: despite a competitive context, the sample indicates relatively constrained active supply versus sales activity, and the median listing price $544,900 being near the median sold price suggests seller expectations are largely aligned with market outcomes; however, price movement should be monitored given longer marketing times. aligned pricing
  4. Financial headwinds are present—interest rate pressure elevated with local 30-year fixed mortgage rates at 6.63% (0.65% higher than earlier in 2026)—which may continue to constrain affordability and temper buyer urgency even though the market temperature is reported as hot; consider structuring offers with rate-sensitive contingencies or seller concessions where appropriate. elevated interest rate pressure

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

60 Summer Path Way, Pembroke, MA 02359
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths5,060 sqft
$1,500,000
Apr 1, 2026
$296/sqft/sqft
125 days on market
7 Farmside Dr, Pembroke, MA 02359
Premium

Sold above market average

4 beds2 baths3,032 sqft
$1,300,000
Mar 1, 2026
$429/sqft/sqft
181 days on market
51 Farmside Dr, Pembroke, MA 02359
Premium

Sold above market average

4 beds2 baths3,131 sqft
$1,275,000
Apr 1, 2026
$407/sqft/sqft
320 days on market
246 High St, Pembroke, MA 02359
Premium

Sold above market average

3 beds2 baths1,810 sqft
$725,000
Apr 1, 2026
$401/sqft/sqft
82 days on market
8 Quaker Cir, Pembroke, MA 02359
Value

Sold below market average

3 beds2 baths4,100 sqft
$720,000
May 1, 2026
$176/sqft/sqft
165 days on market
12 Herring Brook Ln, Pembroke, MA 02359
Market Benchmark

Sold at market average

3 beds1 baths2,755 sqft
$720,000
Apr 1, 2026
$261/sqft/sqft
90 days on market
159 Priscilla Dr, Pembroke, MA 02359
Value

Sold below market average

3 beds1 baths2,976 sqft
$327,740
Mar 1, 2026
$110/sqft/sqft
3 Taylor Point Rd, Pembroke, MA 02359
Market Benchmark

Sold at market average

2 beds1 baths1,008 sqft
$277,000
May 1, 2026
$275/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$755/mo
02359 Avg Rent
02359 Cost to Own
Rent$2,645
Own$3,400

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

02359 Avg nightly rate
02359 Avg occupancy (days/year)
Nightly rate$307/night
Occupancy148 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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