Cherry Hill Home Prices: What You Need to Know in 2026

Cherry Hill home prices continue to reflect the township's strong demand, driven by excellent schools, limited inventory, and proximity to Philadelphia. Here is the latest data on home values and what it means for buyers and sellers.

Current Price Overview

The median home value in Cherry Hill ranges from approximately $386,000 to $467,000 depending on the source and time period. The median list price for active listings is approximately $459,000 to $479,000. These numbers reflect steady appreciation over recent years.

Prices by Neighborhood

Not all Cherry Hill neighborhoods are priced equally. Entry-level areas like Ashland and parts of West Cherry Hill offer homes in the $300,000s. Mid-range neighborhoods like Downs Farm and Haddontowne typically see homes in the $350,000 to $450,000 range. Premium neighborhoods like Barclay-Kingston and Kingston Estates command $450,000 to $600,000+.

Price Trends

Cherry Hill has experienced consistent appreciation driven by several factors: strong school demand that creates a reliable buyer pool, limited inventory that keeps competition high, and proximity to Philadelphia that attracts commuters. The rate of appreciation has varied year to year but the long-term trend is upward.

What This Means for Buyers

If you are looking to buy in Cherry Hill, be prepared for a competitive market. Get pre-approved for a mortgage, know your budget, and be ready to act quickly. Working with a local agent who knows every subdivision gives you a significant advantage.

What This Means for Sellers

Cherry Hill remains a strong seller's market in most neighborhoods. The key is pricing correctly from the start. Homes priced at market value sell quickly and often with multiple offers. Overpriced homes, however, can sit. Simple improvements like fresh paint and updated fixtures can impact your final sale price significantly.

For current medians and trends, see the home prices by ZIP guide, the monthly market reports, and the real estate market page.