Cherry Hill, VA Housing Market
The Cherry Hill housing market is very competitive. The median sale price of a home in Cherry Hill was $570K last month, down 3.8% since last year. The median sale price per square foot in Cherry Hill is $256, up 17.7% since last year.
Cherry Hill Housing Market Trends
In April 2024, Cherry Hill home prices were down 3.8% compared to last year, selling for a median price of $570K. On average, homes in Cherry Hill sell after 18 days on the market compared to 29 days last year. There were 35 homes sold in April this year, up from 25 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cherry Hill housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 17 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 27 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
Cherry Hill Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Cherry Hill from outside metros.
- New York homebuyers searched to move into Cherry Hill more than any other metro followed by Hartford and Philadelphia.
- 82% of Cherry Hill homebuyers searched to stay within the Cherry Hill metropolitan area.
- Salisbury was the most popular destination among Cherry Hill homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
View houses in Cherry Hill that sold recently
Recently sold homes
- $780,000 Last Sold Price4 beds3.5 baths3,012 sq ft16937 Takeaway Ln, Dumfries, VA 22026(866) 825-7169List Price$770,000Sale to List1% over listDays on Market66 days16937 Takeaway Ln, Dumfries, VA 22026
- $600,000 Last Sold Price4 beds3.5 baths2,016 sq ft1784 Hickory Woods Rd, Dumfries, VA 22026(866) 825-7169List Price$599,999Sale to List0% over listDays on Market55 days1784 Hickory Woods Rd, Dumfries, VA 22026
- $1,110,000 Last Sold Price6 beds5 baths5,059 sq ft17405 Spring Cress Dr, Dumfries, VA 22026(571) 921-9755List Price$1,075,000Sale to List3% over listDays on Market54 days17405 Spring Cress Dr, Dumfries, VA 22026
- $799,455 Last Sold Price4 beds3.5 baths3,669 sq ft18014 Woods Overlook Dr, Dumfries, VA 22026(844) 552-7444List Price$799,455Sale to List0% over listDays on Market-2 days18014 Woods Overlook Dr, Dumfries, VA 22026
- $734,000 Last Sold Price4 beds2.5 baths2,827 sq ft17869 Sugarberry Rd, Dumfries, VA 22026(703) 378-8810List Price$739,000Sale to List1% under listDays on Market52 days17869 Sugarberry Rd, Dumfries, VA 22026
- $660,000 Last Sold Price4 beds3.5 baths3,008 sq ft3132 Tulip Tree Pl, Dumfries, VA 22026(866) 825-7169List Price$635,000Sale to List4% over listDays on Market31 days3132 Tulip Tree Pl, Dumfries, VA 22026
- $550,000 Last Sold Price3 beds3 baths1,972 sq ft17661 Falcon Heights St, Dumfries, VA 22026(866) 825-7169List Price$549,900Sale to List0% over listDays on Market45 days17661 Falcon Heights St, Dumfries, VA 22026
- $440,000 Last Sold Price3 beds3.5 baths1,784 sq ft2964 Chinkapin Oak Ln, Woodbridge, VA 22191(866) 825-7169List Price$435,000Sale to List1% over listDays on Market29 days2964 Chinkapin Oak Ln, Woodbridge, VA 22191
See all recently sold homes in Cherry Hill.
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Schools in Cherry Hill
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Covington-Harper Elementary School Public • PreK-5 | 733 Students | 9 reviews |
5/10 Mary Williams Elementary School Public • PreK-5 | 680 Students | 24 reviews |
4/10 Swans Creek Elementary School Public • PreK-5 | 645 Students | 16 reviews |
4/10 River Oaks Elementary School Public • PreK-5 | 600 Students | 10 reviews |
4/10 Triangle Elementary School Public • PreK-5 | 721 Students | 14 reviews |
Climate's impact on Cherry Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cherry Hill.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
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Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Cherry Hill
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