Cherry Hill Real Estate Market | 2026 Prices, Trends, Data

Market Data

Cherry Hill Real Estate Market

Verified Q2-2026 MLS data from Bright MLS (Camden County). Home prices, trends, and what buyers and sellers need to know about the Cherry Hill housing market.

Data as of Q2-2026 (April-June 2026): Source: Bright MLS, Camden County. Compiled by Bob Millaway, Epique Realty Agent.

At a Glance

Cherry Hill Market Snapshot

Data as of early September 2026

$450K - $528K

Median Sale Price

Cherry Hill ZIP medians, 2026 (Redfin); township typical home value ~$426K (Zillow)

+5% to +7%

Year-over-Year Change

Median price change, latest 2026 months (Redfin / Zillow)

~29 days

Days on Market

Up from ~19 days a year earlier (Movoto, Aug 2025)

~220 homes

Active Listings

Homes for sale, latest township snapshot (Movoto, Aug 2025)

~$255

Price per Sq Ft

Median sold price per sq ft (Resideline, mid-2026); ~$239 per Movoto

The takeaway: Cherry Hill remains a firm, fast-moving market. Homes sell in about a month at medians of roughly $450K to $528K, values are up a few percent year over year, and buyers are gaining a little more time to decide.

Sources: Redfin ZIP market pages (08002/08003), Zillow home values, Movoto, and Resideline market snapshots. No single tracker publishes every metric for the same month, so each figure above is labeled with its source and month while the remainder of this page reports Q2-2026 Bright MLS data. Compiled by Bob Millaway, Epique Realty Agent.

September 2026 Market Update

As of the first week of September 2026, the 30-year fixed mortgage rate has moved up again: Freddie Mac's Primary Mortgage Market Survey put the average at 6.71% for the week ending September 3, up from 6.66% the prior week and near a 13-month high. The 15-year fixed averaged 6.04%. Higher rates have taken some of the heat out of the market, but demand in Cherry Hill remains resilient and inventory, while loosening, is still well short of a balanced market.

Third-party trackers covering late summer 2026 show overall medians running roughly $455,000 to $500,000 (a six-month sold median around $481,000), with homes selling in about 29 to 37 days as inventory begins to build after summer. ZIP 08003 remains the strongest and priciest segment, while ZIP 08002 has held steady. For the full seasonal outlook, read the September 2026 market update.

$453,968

ZIP 08002 Median

-5.4% YoY, 102.6% sale-to-list

$610,000

ZIP 08003 Median

+10.4% YoY, 102.6% sale-to-list

$487,500

ZIP 08034 Median

+1.6% YoY, 102.1% sale-to-list

24-26 days

Avg. Days on Market

Fast-moving market across all ZIPs

Cherry Hill Market Data by ZIP Code

According to Q2-2026 MLS data from Bright MLS (Camden County), Cherry Hill's three main ZIP codes tell a diverse story of a market with both appreciating and adjusting segments.

ZIP Code Median Price YoY Change Sale-to-List Days on Market Sales
08002 $453,968 -5.4% 102.6% 24 days 71
08003 $610,000 +10.4% 102.6% 26 days 103
08034 $487,500 +1.6% 102.1% 25 days 56

Cherry Hill's real estate market in Q2-2026 reflects its position as one of South Jersey's most desirable communities. With strong schools, diverse housing, and proximity to Philadelphia, demand remains consistently robust across most neighborhoods and price ranges. However, the data reveals important differences between ZIP codes that buyers and sellers need to understand.

Market Summary

According to Q2-2026 MLS data from Bright MLS (Camden County), Cherry Hill presents a mixed market. ZIP 08003 continues to command the highest median prices at $610,000, up 10.4% year-over-year. ZIP 08034 saw modest 1.6% appreciation to $487,500. Meanwhile, ZIP 08002 experienced a 5.4% decline to $453,968. Across all three ZIP codes, sale-to-list ratios remain above 102%, indicating strong buyer competition and homes selling above asking price on average.

Home Prices by ZIP Code

Cherry Hill's housing market spans a wide price range, with significant variation by ZIP code:

  • ZIP 08002 (Ashland, West Cherry Hill, parts of Barclay): Median price $453,968, down 5.4% YoY. 71 homes sold in Q2-2026. Fastest sales at 24 days average. This area offers more affordable entry points into the Cherry Hill market.
  • ZIP 08003 (Kingston Estates, Woodcrest, Barclay-Kingston): Median price $610,000, up 10.4% YoY. The most active segment with 103 sales in Q2-2026. Strong buyer competition at 102.6% sale-to-list with 26 days average on market.
  • ZIP 08034 (Haddontowne, Downs Farm, parts of Barclay): Median price $487,500, up 1.6% YoY. 56 homes sold in Q2-2026. 102.1% sale-to-list ratio with 25 days on market average.

Market Trends

Several factors continue to shape Cherry Hill's real estate market in Q2-2026:

  • Strong sale-to-list ratios across all three ZIP codes (above 102%) indicate a highly competitive market where homes consistently sell for more than asking price.
  • Fast market velocity with 24-26 days on market across all ZIP codes means well-priced homes move quickly. Sellers benefit from rapid transactions while buyers need to be prepared to act fast.
  • Mixed price trends show the market is not monolithic. ZIP 08003 continues its strong appreciation while ZIP 08002 has seen price adjustments, creating opportunities for buyers in certain areas.
  • ZIP 08003 leads in sales volume with 103 transactions in Q2-2026, nearly double that of ZIP 08002 and ZIP 08034 combined, reflecting its position as the most active and sought-after area.
  • Limited inventory keeps competition strong across all neighborhoods, with sale-to-list ratios above 102% signaling multiple-offer situations are common.

For Buyers

If you are looking to buy in Cherry Hill, be prepared for a competitive market. With sale-to-list ratios above 102% across all ZIP codes, well-priced homes in good condition often receive multiple offers. ZIP 08003 at $610,000 median is the most expensive but also the most active market. ZIP 08002 at $453,968 offers more affordable entry points, though prices have declined year-over-year. Working with a local agent who knows every street and subdivision can give you an edge. Get pre-approved, know your budget, and be ready to act quickly when the right property comes along.

For Sellers

Cherry Hill remains a strong market for sellers across all ZIP codes, with sale-to-list ratios above 102% meaning you can expect to sell above asking price. ZIP 08003 sellers benefit from 10.4% year-over-year appreciation. The key is pricing strategy: homes priced at market value sell quickly (24-26 days on average), while overpriced properties can sit. Simple improvements like fresh paint, updated fixtures, and professional staging can significantly impact your final sale price. For a complimentary market analysis of your Cherry Hill home, contact Bob today.

Real Estate Market Guides

Explore these detailed guides for more specific information about the Cherry Hill housing market:

Frequently Asked Questions

Is Cherry Hill a buyer's or seller's market?
Cherry Hill remains a strong seller's market with sale-to-list ratios above 102% across all major ZIP codes. Homes are selling for more than asking price in most cases, especially in ZIP 08003 where the median sale price reached $610,000 in Q2-2026. Buyers should be prepared for competitive bidding and act quickly on well-priced homes.
How long do homes stay on the market in Cherry Hill?
According to Q2-2026 MLS data from Bright MLS (Camden County), the average days on market across Cherry Hill is 24 to 26 days. ZIP 08002 sees the fastest sales at 24 days, while ZIP 08003 averages 26 days. Well-priced homes in desirable neighborhoods can go under contract in under two weeks.
Are home prices in Cherry Hill going up?
The answer varies by area. ZIP 08003 saw strong 10.4% year-over-year appreciation with a median of $610,000. ZIP 08034 was up 1.6% at $487,500. However, ZIP 08002 experienced a 5.4% decline to $453,968. Overall the market is mixed, with competitive conditions driving prices higher in the most desirable areas while some segments adjust.
What types of homes are available in Cherry Hill?
Cherry Hill offers a wide variety of housing including single-family colonials, split-levels, ranches, townhouses, condos, and apartment communities. Most homes were built between the 1950s and 1980s, with some newer developments available. The diverse housing stock across the three main ZIP codes means there are options at every price point.
Bob Millaway, Cherry Hill REALTOR

Get a Free Market Analysis

Curious what your Cherry Hill home is worth in Q2-2026? Bob provides complimentary, data-driven market analyses with no obligation using the latest Bright MLS data. Just real numbers to help you make informed decisions.