Pembroke Real Estate Market Report
Executive Summary
Tania MenicucciLocal expert · PembrokeThe Pembroke, Ontario real estate market is currently classified as a balanced market. The median asking price is $400K.
There are currently 91 active listings, representing 4.2 months of inventory. Inventory has increased 59.6% compared to last month.
Currently, the average price per square foot is $152.
Detached properties make up the largest share of the Pembroke market at 100% of active listings with an average price of $399K.
Sales Activity & Absorption
Volume
Market Signals
Renfrew County Real Estate Board reported 162 sales this period, 31 new listings appeared in the past month.
Renfrew County Real Estate Board Monthly Report
The number of homes sold through the MLS® System of the Renfrew County Real Estate Board totaled 162 units in July 2026. This decreased by 3% (five sales) from July 2025.
Home sales were 8.3% above the five-year average and 6.8% below the 10-year average for the month of July.
On a year-to-date basis, home sales totaled 950 units over the first seven months of the year. This was a modest decline of 1.7% from the same period in 2025.
The average price of homes sold in July 2026 was $484,231, down by 3.9% from July 2025.
The more comprehensive year-to-date average price was $494,687, a minor increase of 1.9% from the first seven months of 2025.
The dollar value of all home sales in July 2026 was $78.4 million, decreasing 6.8% from the same month in 2025.
The number of new listings rose by 27.1% from July 2025. There were 281 new residential listings in July 2026. This was the largest number of new listings added in the month of July in more than five years.
New listings were 17.9% above the five-year average and 13.5% above the 10-year average for the month of July.
Active residential listings numbered 682 units on the market at the end of July, a gain of 20.7% from the end of July 2025. Active listings haven’t been this high in the month of July in more than five years.
Active listings were 30.7% above the five-year average and 9% above the 10-year average for the month of July.
Months of inventory numbered 4.2 at the end of July 2026, up from the 3.4 months recorded at the end of July 2025 and above the long-run average of 3.7 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Source: Renfrew County Real Estate Board, July 2026
Market Balance
Months of Inventory
Demand moderately exceeds supply — conditions favor sellers.
High absorption relative to inventory — tight market.
At 4.2 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Pembroke market currently has 91 active listings with a median price of $400K and 4.2 months of inventory.
- Low price reduction rate (0% of listings)
- Average price per square foot is $152
Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily. Prepared by Tania Menicucci with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.