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 is $625,000, reflecting a competitive market despite a down trend in prices year-over-year. This indicates a 8% decrease since 2022, suggesting that while sales activity remains robust, the pricing landscape is experiencing some softening. The market is characterized by elevated inventory levels, which may indicate a shift in buyer sentiment as properties are taking longer to sell, with a median of 200 days on market.

Despite the down trend in median prices, the market temperature remains hot, indicating that demand is still strong relative to available supply. The gap between the median listing price of $754,900 and the median sold price suggests that sellers may need to adjust expectations to align with current buyer behavior. The recent easing of interest rates could further stabilize buyer confidence, potentially impacting future sales dynamics.

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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 6.13% for Pembroke MA property owners are significantly lower than the 7% seen earlier in 2026, presenting a refinancing opportunity.

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 a competitive market, but reflects a down trend in prices year-over-year.

2. With a median days on market of 200, properties are experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $754,900 shows a significant gap compared to the sold price, indicating that sellers may need to reassess expectations.

4. The market temperature remains hot, suggesting strong demand despite the down trend in prices.

5. Recent easing of interest rates may provide a positive influence on buyer confidence moving forward.

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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.