The Cherry Hill Mall housing market is very competitive. Homes in Cherry Hill Mall receive 6 offers on average and sell in around 41 days. The median sale price of a home in Cherry Hill Mall was $407K last month, down 5.0% since last year. The median sale price per square foot in Cherry Hill Mall is $224, down 3.2% since last year.
What is the housing market like in Cherry Hill Mall today?
In October 2024, Cherry Hill Mall home prices were down 5.0% compared to last year, selling for a median price of $407K. On average, homes in Cherry Hill Mall sell after 41 days on the market compared to 37 days last year. There were 19 homes sold in October this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$407,000
-5.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cherry Hill Mall, NJ
$407,000
-5.0%
United States
To compare other locations to the Cherry Hill Mall and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cherry Hill Mall add value to a home.
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How hot is the Cherry Hill Mall housing market?
Cherry Hill Mall is very competitive. Homes sell in 39 days.
0
100
75
Very Competitive
Redfin Compete Score™
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 39 days.
Hot homes
can sell for about 6% above list price and go pending in around 16 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cherry Hill Mall, NJ
100.7%
-2.6 pt
United States
Cherry Hill Mall Migration & Relocation Trends
In Sep '24 - Nov '24, 27% of Cherry Hill Mall homebuyers searched to move out of Cherry Hill Mall, while 73% looked to stay within the metropolitan area.
Where are people moving to Cherry Hill Mall from?
Across the nation, 2% of homebuyers searched to move into Cherry Hill Mall from outside metros.
New York homebuyers searched to move into Cherry Hill Mall more than any other metro followed by Los Angeles and St. Louis.
Where are people from Cherry Hill Mall moving to?
73% of Cherry Hill Mall homebuyers searched to stay within the Cherry Hill Mall metropolitan area.
Washington was the most popular destination among Cherry Hill Mall homebuyers followed by Boston and Salisbury.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in Cherry Hill Mall that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cherry Hill Mall housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cherry Hill Mall.
Flood Factor - Major
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherry Hill Mall has a major risk of flooding. 230 properties in Cherry Hill Mall are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Cherry Hill Mall. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cherry Hill Mall has a moderate risk of wildfire. There are 5 properties in Cherry Hill Mall that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cherry Hill Mall.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cherry Hill Mall has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cherry Hill Mall is most at risk from hurricanes. 4,753 properties in Cherry Hill Mall have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.
92% of properties are at major
risk of heat over the next 30 years
Heat Factor
Cherry Hill Mall has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 92% of homes in Cherry Hill Mall have a Major Heat Factor®.
Cherry Hill Mall is expected to see a 100% increase in the number of days over 105ºF over the next 30 years. Cherry Hill Mall is expected to experience 7