Housing Prices in Cherry Hill, MD

How much do homes in Cherry Hill, MD cost?

Median List Price

$117,450

$118/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$47,450(+67.8%)

Key Takeaway

The list price of homes in Cherry Hill has increased by 67.8% since last year.

Summary: The median home list price in Cherry Hill was $117,450 in April 2024, up 67.8% from the previous year, and the median price per square foot was $118.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $51K$116.5K
+128.4%
3 $85K$95K
+11.8%
4 -$149.9K
N/A
5+ $295K$247.5K
-16.1%

Summary: Cherry Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 128.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 16.1%.

Housing Supply in Cherry Hill, MD

How many homes are available in Cherry Hill, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Cherry Hill real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 14
+300.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Cherry Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Days on Market for Cherry Hill, MD

How long does it take to sell a home in Cherry Hill, MD?

Average Listing Age

Apr 2023Apr 2024CHANGE
101 Days46 Days-54.6%

Summary: Homes in Cherry Hill had an average listing age of 46 days in Apr 2024, down by 54.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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