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 .
Want the fast-moving picture? Read the September 2026 market update for a deeper look at mortgage rates and the fall outlook.
Data as of September 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). Zillow typical home value: $426,447, up 6.6% year over year.
Price per Sq Ft
$239
Movoto township figure. Redfin reads ZIP 08034 at $256 per sq ft, up 4.5% year over year.
Median Days on Market
~29 days
Movoto township median. Zillow shows 08002 and 08003 going to pending in about 11 days.
Closed Sales (Month)
83 homes
Redfin township snapshot for the past month. All home types.
Active Listings
~220
Movoto active inventory. About 25 new listings in the latest read.
New Listings
25
Movoto latest new-listing count added to the Cherry Hill market.
What This Month Tells Us
Prices are broadly flat to modestly up. The biggest year over year gains sit in the eastern and western ZIPs. Homes sell in about five to six weeks on average. Inventory remains lean. Buyers should move quickly when the right home appears. Sellers benefit from less competition. Mortgage rates near their highest level in more than a year 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 roughly 29-day median means well-priced homes move in about a month.
A Lean, Competitive Shelf
Roughly 220 active listings township-wide with about 25 new ones. Supply stays tight.
Per-Square-Foot Prices Steady
Around $239 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. Zillow typical home value for the township sits at $426,447, up 6.6% year over year. |
| 08003 | $528,000 | +5.6% | ~40 days | Redfin most recent month. About 52 homes sold here in the latest read. Zillow shows this ZIP going to pending in about 11 days. |
| 08034 | $470,000 | +8.2% | n/a | Redfin most recent month at $256 per sq ft, up 4.5% year over year. |
Per-ZIP figures come from Redfin ZIP market pages refreshed September 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 September 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.
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