33029 (Pembroke Pines)
Housing Market
Median sale price $750,000, up 9.6% year over year, with homes going under contract in about 27 days, 11 homes on the market.
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Housing Market Analyst
Inventory sits at 3.7 months of supply — balanced by the 3-to-6-month balanced benchmark, and 18% of listed homes are already under contract. Prices are up 9.6% versus the prior year and sellers are still collecting 97.2% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — pressure remains upward while supply stays this thin.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 18% of inventory sits under contract.
- Mortgage sensitivity — at 5.7× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33029 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33029 (Pembroke Pines)
The median sale price across 33029 currently stands at $750,000, up 9.6% from a year ago. Buyers are paying a median of $330 per square foot. The typical home goes under contract in about 27 days. Sellers are capturing 97.2% of their original asking price on average.
There are 11 active listings on the market, with 3 more already under contract. At the current sales pace that works out to 3.7 months of supply — a seller-leaning market by the standard six-month benchmark. 39 homes closed here over the trailing 12 months.
Zillow's home value index for Broward County stands at $425,777. About 20% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33029 is 66 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 31, 2026.
33029 since 2012 — and where it’s heading
A median home here sold for $252,242 in 2012 and $703,846 over the last recorded year — 179% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (655 recorded sales)
Days on market by year
Home value trend · Broward County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Broward County (MLS)
Median price · daily recalculation
What’s driving 33029
Top inbound states: NY, NJ, CA, TX. Movers arriving report ~$90,662 average income. Source: IRS SOI county-to-county migration, 2022-2023
35,154 Citizens policies in force in Broward County — the state-backed insurer of last resort. Budget insurance into any Broward purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
712 single-family · 1,978 multi-family · 1.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Broward
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33029 ← this page | $750K | 11 | 66 | |
| 33020 | $1.03M | 82 | 40 | Open → |
| 33076 | $872K | 77 | 49 | Open → |
| 33019 | $1.03M | 73 | 40 | Open → |
| 33065 | $555K | 57 | 57 | Open → |
| 33301 | $1.50M | 54 | 41 | Open → |
Neighborhoods on the move
| CHAPEL LAKE ESTATESPembroke Pines | $775K | ▲ 8% |
| KENSINGTONCoral Springs | $750K | ▲ 0% |
| KENSINGTONCoral Springs | $750K | ▼ 0% |
| CHAPEL LAKE ESTATESPembroke Pines | $775K | ▼ 8% |
| CHAPEL LAKE ESTATESPembroke Pines | $775K | 5 |
| KENSINGTONCoral Springs | $750K | 5 |
| CobblestonePembroke Pines | $515K | 1 |
| KENSINGTONCoral Springs | $750K | 18 days |
| CHAPEL LAKE ESTATESPembroke Pines | $775K | 30 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33029 right now?
The data says conditions currently favor sellers in 33029 — the Momentum Score reads 66/100 with 3.7 months of supply. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33029 becoming more affordable?
No — the median sale price in 33029 is $750,000, up 9.6% versus the prior year, while sellers still capture 97.2% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33029?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are KENSINGTON (0%); CHAPEL LAKE ESTATES (8%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33029 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are KENSINGTON (18 days); CHAPEL LAKE ESTATES (30 days) — homes there go under contract well ahead of the market-wide pace of 27 days.
33029 (Pembroke Pines) housing market FAQ
What is the median home price in 33029?
The median sale price in 33029 is currently $750,000, up 9.6% from a year ago, based on MLS sales data updated August 31, 2026.
Is 33029 a buyer's or seller's market right now?
The data currently favors sellers. 33029 scores 66 of 100 on the Momentum Score, with 3.7 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33029?
The typical home in 33029 goes under contract in about 27 days, per current MLS data.
How many homes are for sale in 33029?
There are approximately 11 active listings in 33029 as of August 31, 2026.
Are home prices in 33029 rising or falling?
Median sale prices are up 9.6% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33029 (Pembroke Pines). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 31, 2026 at 7:34 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.