Market Data
Cherry Hill Market Reports
Monthly snapshots of the Cherry Hill housing market. Fresh pricing, sales pace, and inventory each month, with earlier reports kept in the archive below.
This page is a plain-language monthly snapshot of the Cherry Hill housing market. Each report covers median sale price, days on market, inventory, price per square foot, closed sales and what it means for buyers and sellers. The freshest report sits at the top. Earlier entries stay preserved in the archive below. This is a curated community resource authored by local REALTOR Bob Millaway. It is not a listing site.
Want the fast-moving picture? Read the October 2026 market update for a deeper look at mortgage rates and the fall outlook.
Data as of October 12, 2026. Sources: Redfin, Zillow and Movoto. Refreshed on this run from live web data. Third-party trackers can differ from official MLS compilations. Treat these figures as directional.
Median Sale Price
$433K to $528K
Redfin ZIP medians this run: 08002 at $433K (+6.8% YoY), 08003 at $528K (+5.6% YoY), 08034 at $470K (+8.2% YoY). Movoto median sold price $500,000. Zillow typical home value $426,447, up 6.6% year over year.
Price per Sq Ft
$247 to $256
Redfin ZIP reads: 08002 at $252 (+2.4% YoY), 08003 at $247 (+7.6% YoY), 08034 at $256 (+4.5% YoY). Movoto township figure $253 per square foot.
Median Days on Market
~32 to 37 days
Movoto averages 32 days in its August read, up from 29 a year earlier, and about 37 days in its October read. Redfin ZIPs run about 18 to 40 days.
Closed Sales (Month)
95 homes
Redfin Cherry Hill Township: 95 homes sold in the past month. All home types.
Active Listings
~215 to 250
Movoto October read shows 215 to 227 homes for sale; the market-trends snapshot lists 228 active listings.
New Listings
16
Movoto latest new-listing count added to the Cherry Hill market.
What This Month Tells Us
Prices are broadly flat to modestly up. Every Redfin ZIP median shows a year over year gain this run, with the largest gain in ZIP 08034. Homes sell in about a month to five weeks on average. Inventory remains lean at roughly 215 to 250 active listings. Buyers should move quickly when the right home appears. Sellers benefit from less competition. Higher mortgage rates keep some buyers and sellers on the sidelines.
Values Still Rising
Zillow typical home value up 6.6% year over year. Every Redfin ZIP median shows a gain in this run.
About a Month to Sell
A 32- to 37-day average means well-priced homes move in about a month to five weeks.
A Lean, Competitive Shelf
Roughly 215 to 250 active listings township-wide with 16 new ones. Supply stays tight.
Per-Square-Foot Prices Steady
Around $247 to $256 per square foot depending on the ZIP and tracker.
Cherry Hill by ZIP Code
Per-ZIP medians from Redfin fresh data. Zillow home values appear in the notes column.
| ZIP | Median Sale Price | Year over Year | Median DOM | Notes |
|---|---|---|---|---|
| 08002 | $433,000 | +6.8% | ~34 days | Redfin most recent month at about $252 per sq ft, up 2.4% year over year. Zillow average home value $441,012, up 4.7% year over year. |
| 08003 | $528,000 | +5.6% | ~40 days | Redfin most recent month at about $247 per sq ft, up 7.6% year over year. Zillow average home value $583,861, up 4.5% year over year. |
| 08034 | $470,000 | +8.2% | ~18 days | Redfin most recent month at about $256 per sq ft, up 4.5% year over year. |
Per-ZIP figures come from Redfin ZIP market pages refreshed October 12, 2026. Monthly medians vary by source. The township-wide median leans toward the higher end of the ZIP range. For official Bright MLS compilations, see the Q2-2026 archive entry below.
Where This Data Comes From
- Redfin Cherry Hill Township housing market: township median price, price per square foot, median days on market and closed sales.
- Redfin ZIP 08002, 08003 and 08034 market pages: per-ZIP medians, pace, and active listings.
- Zillow home values: ZIP 08002 and ZIP 08003: average home values and year over year change.
- Movoto Cherry Hill market trends: township-wide active listing count.
All figures refreshed October 12, 2026. Third-party trackers can differ from official MLS data. Treat these numbers as directional.
Earlier Market Reports
These entries were published on this site in earlier monthly updates. They form the site's report history. New reports will join this archive as each month's data is compiled.
September 2026
Township medians held near $500,000 in the early September reading, up about 1.5% year over year. Price per square foot sat near $260, homes sold in roughly 37 days, and about 102 homes closed in the recorded month. Active listings ran roughly 220 to 280 township-wide, keeping inventory lean. Mortgage rates held in the mid-6% range.
August 2026
Rates held near the mid-6% range through August. Demand stayed strong in ZIP 08003. Homes continued to sell in about a month or less.
Q3-2026 (July-September) Quarterly Wrap
Market holding firm into fall. The 30-year fixed mortgage rate pushed to 6.71% per the Freddie Mac survey for the week ending September 3, 2026. Third-party trackers show overall medians around $455,000 to $500,000 and homes selling in about 29 to 37 days. ZIP 08003 continues to lead. ZIP 08002 has held steady.
Q2-2026 (April-June)
According to Q2-2026 MLS data from Bright MLS, Cherry Hill shows a mixed market. ZIP 08002: median $453,968, down 5.4% year over year. ZIP 08003 saw a median of $610,000, up 10.4% year over year. ZIP 08034 came in at $487,500, up 1.6% year over year. Strong sale-to-list ratios across all areas indicate competitive conditions.
June 2026
Median sale price up 3.2% year over year. Inventory remains tight with 1.8 months of supply. Average days on market: 22.
May 2026
Spring market in full swing. Multiple offers common in Barclay-Kingston and Woodcrest. Strong demand from relocating families.
April 2026
Market picked up with seasonal inventory. New listings increased 12% month over month.
March 2026
Early spring activity showed strong buyer interest. Mortgage rate stabilization helped confidence among first-time buyers.
February 2026
Winter market stayed active. Well-priced homes continued to sell quickly.
January 2026
New year brought fresh inventory. The school district remained a primary driver of demand.
Explore the Cherry Hill Market
These guides pair with each monthly report for a fuller picture of the market.
Want a Personalized Market Report?
Every home is different. Bob provides complimentary data-driven market analyses for Cherry Hill homeowners with no obligation.
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