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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cherry Hill Mall, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cherry Hill Mall, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cherry Hill Mall, NJ Housing Market & Real Estate

Strong seller's market-5.0% YoY

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?

Strong seller's market2.4 months of supply24 avg. days on 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?

Current housing market statistics for Cherry Hill Mall, NJ
MetricValue
Median sale price$475,000
Median list price$415,000
Year-over-year price change-5.0%
Average days on market24 days
Active inventory40 listings
Months of supply2.4 months
Sale-to-list price ratio104.0%
Median price per sq ft$237/sq ft
Homes sold (latest month)17
New listings (latest month)26
Listings with a price cut32.5%
Market conditionStrong 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.

Median price, price per square foot, homes sold and days on market by property type in Cherry Hill Mall, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$530,000$247/sq ft1141 days
Condo / Co-op$165,000$153/sq ft137 days
Townhouse$397,500$231/sq ft616 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

Price drops:32.5%of listings
Sale-to-list:104.0%

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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