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CHERRY HILL, NJ 08003

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

Market Analysis

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

The CHERRY HILL, NJ real estate market (08003) currently shows 67 active listings, with 29 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 32 days last year.

The median listing price has fallen 4.6% year-over-year, from $593,225 to $565,972.

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: 31,434  ·  Density: 1,104.3/mi²  ·  Median household income: $145,590

Typical home value: $386,650  ·  Homeownership: 85.9%

Market Overview

Active Listings
67
⇧ 9.8% vs 61 last year
Pending
29
43% pending ratio
Median Price
$565,972
⇩ 4.6% vs $593,225 last year
Average Price
$681,035
⇧ 5% vs $648,539 last year
Days on Market
30
⇩ 6.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$266
⇧ 7.7% vs $247/sqft last year
Median Home Size
2,171 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 67 this year vs 61 last year
  • Days on market: 30 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $565,972 (-4.6% YoY)
  • Average: $681,035 (+5% 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 6.6 miles — 532 listings ($219,493,686 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08003Cherry Hill, NJ 080030.0 mi58$38,342,930$569,000$661,085
08043Voorhees, NJ 080432.8 mi67$33,470,319$495,000$499,557
08026Gibbsboro, NJ 080263.5 mi8$2,899,984$345,000$362,498
08049Magnolia, NJ 080494.0 mi15$4,974,330$365,000$331,622
08002Cherry Hill, NJ 080024.4 mi51$22,600,140$432,000$443,140
08084Stratford, NJ 080844.4 mi16$6,040,000$409,900$377,500
08052Maple Shade, NJ 080524.9 mi22$6,780,158$259,500$308,189
08108Collingswood, NJ 081085.2 mi39$20,064,096$538,750$514,464
08021Clementon, NJ 080215.5 mi153$47,276,235$299,900$308,995
08029Glendora, NJ 080295.8 mi18$5,679,378$333,725$315,521
08091West Berlin, NJ 080915.9 mi10$4,847,800$519,000$484,780
08109Merchantville, NJ 081096.2 mi59$21,465,852$350,000$363,828
08031Bellmawr, NJ 080316.6 mi16$5,052,464$310,000$315,779

Frequently Asked Questions

How many homes are for sale in CHERRY HILL, NJ 08003?

As of February 2026, there are 67 active listings in CHERRY HILL, NJ (zip code 08003), compared to 61 the prior year.

What is the median home price in CHERRY HILL, NJ 08003?

The median listing price in CHERRY HILL, NJ 08003 is $565,972 as of February 2026, a 4.6% decrease from $593,225 the prior year.

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

Homes in CHERRY HILL, NJ 08003 spend an average of 30 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 08003?

Based on current inventory and days-on-market data as of February 2026, CHERRY HILL, NJ 08003 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 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 08003 save an estimated $11,319 compared to a typical 5% commission on the median listing price of $565,972. 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.