The Cherry Hill housing market is very competitive. The median sale price of a home in Cherry Hill was $546K last month, up 43.6% since last year. The median sale price per square foot in Cherry Hill is $154, down 26.3% since last year.
What is the housing market like in Cherry Hill today?
In January 2025, Cherry Hill home prices were up 43.6% compared to last year, selling for a median price of $546K. On average, homes in Cherry Hill sell after 18 days on the market compared to 10 days last year. There were 16 homes sold in January this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$545,500
+43.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Cherry Hill, MI
$545,500
+43.6%
United States
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How hot is the Cherry Hill housing market?
Cherry Hill is very competitive. Homes sell in 16 days.
0
100
86
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 6 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 16 days.
Hot homes
can sell for around list price and go pending in around 5 days.
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 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
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherry Hill has a moderate risk of flooding. 160 properties in Cherry Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Cherry Hill. 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 has a moderate risk of wildfire. There are 11 properties in Cherry Hill that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Cherry Hill.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cherry Hill has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cherry Hill is most at risk from tornadoes. 1,750 properties in Cherry Hill have some risk of being in a severe wind event within the next 30 years.