Welcome to our 33024 real estate data hub, tailored for investors in Pembroke Pines, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 33024 in Pembroke Pines, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BROWARD COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Pembroke Pines, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Pembroke Pines property market.
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Location Overview
- Zip Code: 33024
- City: Pembroke Pines
- State: FL
- Metro Area: Miami-Fort Lauderdale-Pompano Beach, FL
- County Name: BROWARD COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $431,150
- Average Home Price (Single Family Homes): $450,894
- Average Monthly Rental Price (All Types): $2,464
- Price-to-Rent Ratio: 15
- Zillow Projected % appreciation from 4/2023-4/2024: 2.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,760
- Average 3 Bedroom Section 8 Rental Rates: $2,460
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.41
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.61
- Number of Units Offered in Section 8 in the County: 3859
- Number of Occupied Units in Section 8 in the County: 3742
- Percentage of Section 8 Units Occupied in the County: 97%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 430.46
- Total % Appreciation since 2000 (Government Data): 287.59
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.75%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.99%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.89%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.39%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 200.59%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 93.51%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 219.84%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.27%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 19.88%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 53.16%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 62.01%