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Featured local agent — Cherry Hill Mall, NJ
Sarah Mitchell
Compass Real Estate · Cherry Hill Mall, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cherry Hill Mall, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$475,000median sale price
How is the Cherry Hill Mall, NJ housing market right now?
The median home sale price in Cherry Hill Mall, NJ is $475,000, down 5.0% year-over-year. Homes sell in an average of 24 days with 40 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cherry Hill Mall a buyer's or seller's market?
Cherry Hill Mall, NJ is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
24
Average pace
Active listings
40
2.4 months supply
Sale-to-list
104.0%
Above asking
What does the Cherry Hill Mall housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $415,000 |
| Year-over-year price change | -5.0% |
| Average days on market | 24 days |
| Active inventory | 40 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 104.0% |
| Median price per sq ft | $237/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 26 |
| Listings with a price cut | 32.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cherry Hill Mall by property type?
How the Cherry Hill Mall, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $530,000 | $247/sq ft | 11 | 41 days |
| Condo / Co-op | $165,000 | $153/sq ft | 1 | 37 days |
| Townhouse | $397,500 | $231/sq ft | 6 | 16 days |
Source: Redfin · Updated monthly
The Cherry Hill Mall housing market is currently classified as a strong seller's market with a median sale price of $475,000. Prices have fallen 5.0% compared to last year, with homes spending an average of 24 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Cherry Hill Mall
There are currently 40 homes listed for sale in Cherry Hill Mall, New Jersey. The median listing price is $415K.
Active listings
40
Homes on market
Median list price
$415K
Avg. days on market
24
Days until sale
New this week
26
Newly listed
Who lives in Cherry Hill Mall?
Population
14,827
Median income
$117,535/yr
Median age
38.8 years
Owner-occupied
72.1%
College grads
47.0%
Avg commute
24.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Cherry Hill Mall?
Cherry Hill Mall is a community of approximately 15K residents with a median age of 38.8 years.The median household income is $117,535, which reflects a relatively affluent area with strong earning potential. 47.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cherry Hill Mall offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cherry Hill Mall, NJ?
Want a head-to-head view? Compare Cherry Hill Mall side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cherry Hill Mall?
The median home sale price in Cherry Hill Mall is $475,000, down 5.0% from last year.
How long do homes stay on market in Cherry Hill Mall?
Homes typically spend 24 days on market before going under contract.
What is the median income in Cherry Hill Mall?
The median household income is $117,535 per year.
Is Cherry Hill Mall a buyer's or seller's market?
With 2.4 months of supply, Cherry Hill Mall is currently a strong seller's market.
What is the median condo price in Cherry Hill Mall?
The median condo/co-op sale price in Cherry Hill Mall, NJ is $165,000, compared to $530,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cherry Hill Mall?
The median single-family home price in Cherry Hill Mall, NJ is $530,000 (about $247 per square foot).
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