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Bloomfield

CHERRY HILL, NJ 08002

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 08002

Bloomfield

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHERRY HILL, NJ real estate market (08002) currently shows 49 active listings, with 22 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 36 days on market compared to 32 days last year.

The median listing price has fallen 10.4% year-over-year, from $477,450 to $428,000.

Whether you are buying or selling in CHERRY HILL, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,630  ·  Density: 1,265.6/mi²  ·  Median household income: $103,031

Typical home value: $276,326  ·  Homeownership: 68.3%

Market Overview

Active Listings
49
⇩ 7.5% vs 53 last year
Pending
22
45% pending ratio
Median Price
$428,000
⇩ 10.4% vs $477,450 last year
Average Price
$439,974
⇩ 7.9% vs $477,892 last year
Days on Market
36
⇧ 12.5% vs 32 days last year

Price Per Square Foot

Median $/sqft
$270
⇧ 5.1% vs $257/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 53 last year
  • Days on market: 36 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $428,000 (-10.4% YoY)
  • Average: $439,974 (-7.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.8 miles — 395 listings ($172,273,838 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08002Cherry Hill, NJ 080020.0 mi51$22,600,140$432,000$443,140
08052Maple Shade, NJ 080522.1 mi22$6,780,158$259,500$308,189
08108Collingswood, NJ 081082.3 mi39$20,064,096$538,750$514,464
08110Pennsauken, NJ 081103.4 mi42$13,230,168$320,000$315,004
08105Camden, NJ 081053.8 mi33$7,325,241$227,500$221,977
08035Haddon Heights, NJ 080354.2 mi8$6,027,800$824,950$753,475
08045Lawnside, NJ 080454.4 mi6$1,834,500$312,500$305,750
08104Camden, NJ 081044.7 mi68$11,070,400$170,000$162,800
08059Mount Ephraim, NJ 080594.8 mi13$5,105,594$392,000$392,738
19137Philadelphia, PA 191375.1 mi29$7,723,077$235,000$266,313
08102Camden, NJ 081025.3 mi17$3,830,117$205,000$225,301
08057Moorestown, NJ 080575.6 mi51$61,630,083$799,500$1,208,433
08031Bellmawr, NJ 080315.8 mi16$5,052,464$310,000$315,779

Frequently Asked Questions

How many homes are for sale in CHERRY HILL, NJ 08002?

As of February 2026, there are 49 active listings in CHERRY HILL, NJ (zip code 08002), compared to 53 the prior year.

What is the median home price in CHERRY HILL, NJ 08002?

The median listing price in CHERRY HILL, NJ 08002 is $428,000 as of February 2026, a 10.4% decrease from $477,450 the prior year.

How long do homes stay on the market in CHERRY HILL, NJ?

Homes in CHERRY HILL, NJ 08002 spend an average of 36 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in CHERRY HILL, NJ 08002?

Based on current inventory and days-on-market data as of February 2026, CHERRY HILL, NJ 08002 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 36 days on market compared to 32 days last year.

How much can I save on real estate commission in CHERRY HILL, NJ?

With SELL123.com's maximum 3% commission, sellers in CHERRY HILL, NJ 08002 save an estimated $8,560 compared to a typical 5% commission on the median listing price of $428,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.