Is Pembroke, VA 24136 a buyer’s or seller’s market?
Pembroke is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 52% of U.S. ZIP codes, and #267 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Pembroke housing market right now
In the three months ending August 31, 2026, 30% of homes in Pembroke, VA 24136 sold above their list price, the typical home went under contract in 43 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (41 days then) and the median sale price fell 6% to $243,395. Overall, Pembroke is more competitive than a year ago, so tougher for buyers.
Within Giles County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Ripplemead 24150 (0% sold over asking) or Rich Creek 24147 (0% sold over asking), while Staffordsville 24167 (100% sold over asking) is even more competitive.
Run the numbers for 24136
Nearby markets
Eggleston 24086 — /sq ftNarrows 24124Seller’s market $158 /sq ftNewport 24128Seller’s market $202 /sq ftPearisburg 24134Seller’s market $152 /sq ft Browse all markets →Towns like Pembroke nearby
Find towns like Pembroke in other states →Where Pembroke is
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Questions about Pembroke real estate
Is Pembroke a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Pembroke, VA 24136 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Pembroke?
The typical home went under contract in 43 days in the latest three months.
Do homes in Pembroke sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Pembroke?
About 0.61% of a home’s value a year in Giles County, or roughly $2,440 on a $400,000 home.
What is the median home price in Pembroke?
The median sale price was $243,395 in the three months ending August 31, 2026, about $143 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology