Pembroke, MA 02359 Real Estate Market Report

ZIP Code: 02359
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Pembroke, MA currently stands at $625,000, reflecting the actual market transactions that provide a clearer picture of property values. The market is characterized by a hot temperature, indicating strong seller leverage and competitive conditions, despite the absence of year-over-year price trend data. This suggests that while prices may be stable, the market remains dynamic with active buyer interest.

Sales velocity appears to be moderate, with properties spending a median of 197 days on market. This extended time frame may indicate a slower transaction volume relative to the elevated inventory levels observed, which could lead to pricing friction as sellers adjust expectations to align with market realities. Overall, the market demonstrates a robust demand backdrop, although affordability pressures from elevated interest rates may be influencing buyer behavior.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates near Pembroke MA at 6.07% are slightly lower than the 6.17% average seen just last month, presenting a minor cost opportunity for property owners.

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

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Key Findings

1. The median sold price of $625,000 indicates strong market activity despite potential affordability challenges.

2. With a median days on market of 197, the market shows signs of slower sales velocity, suggesting a need for sellers to adjust expectations.

3. The median listing price of $709,900 reflects a notable gap compared to the sold price, indicating potential pricing friction in the market.

4. The median market rent of $3,250 suggests robust rental demand, which may support property values in the long term.

5. Current interest rate pressure is elevated, which may impact buyer affordability and overall market dynamics.

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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.