Real Estate Market Update for Cherry Hill, NJ
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 13% from one year earlier, and down 3% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 1%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 210-thousand dollars. The number of units sold decreased 18% year-over-year, and decreased 7% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Cherry Hill, NJ

Area Information for Cherry Hill, NJ
  • Population: 72,092
  • Median Age: 44.49 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 2,991/sq mi
  • Population Change Since 2000: 3.05%
  • Closest Airport: Philadelphia International
  • Closest College: Umdnj- School Of Osteopathic Medicine
  • Closest Jr. College: Camden County College-blackwood Campus
  • Median Household Income: $100,947
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $273,000
  • Closest Major Sports Team: Philadelphia Eagles
  • Change Avg. Household Income Since 2000: 48.91%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Cherry Hill, NJ
Median Age: 44.49 Married: 47% Number of Households: 27,089 Households with Children: 8,317
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Cherry Hill, NJ

      School Name Distance Type Grades School Rating Parent Rating
      Barclay Early Childhood Center 0.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Trinity Nursery School 0.4 mi Private PRESCHOOL-K 0 0
      Alternative High School 0.5 mi Public 9-12 0 0
      Bancroft Early Education Program 1.0 mi Private PRESCHOOL-3 0 0
      Kingston Elementary School 1.0 mi Public K-5 3 0
      A. Russell Knight Elementary School 1.0 mi Public K-5 5 0
      Cherry Hill Montessori 1.1 mi Private PRESCHOOL-K 0 0
      Saint Andrews Nursery School And Kindergarten 1.1 mi Private PRESCHOOL-K 0 0
      James Johnson Elementary School 1.3 mi Public K-5 2 0
      Clara Barton Elementary School 1.4 mi Public K-5 3 0
      Yale School West Ellisburg 1.4 mi Private K-12 0 0
      Rosa International Middle School 1.5 mi Public 6-8 4 4
      Kilmer School 1.5 mi Public K-5 3 0
      Resurrection Catholic School 1.5 mi Private PRESCHOOL-8 0 0
      Goddard School Of Cherry Hill 1.6 mi Private PRESCHOOL-K 0 0
      Thomas Paine Elementary School 1.8 mi Public K-5 3 0
      The King's Christian School 1.8 mi Private PRESCHOOL-12 0 0
      Brookfield Schools 1.9 mi Private PRESCHOOL-12 0 0
      Politz Day School 1.9 mi Private PRESCHOOL-8 0 0
      James F. Cooper Elementary School 1.9 mi Public K-5 3 0
      John A Carusi Middle School 1.9 mi Public 6-8 2 0
      Richard Stockton Elementary School 2.0 mi Public K-5 5 0
      Cherry Hill High-west High School 2.1 mi Public 9-12 2 3
      Katz Jewish Community Center 2.2 mi Private PRESCHOOL-K 0 0
      Foxman Del Val Torah Inst 2.2 mi Private 9-12 0 0
      Woodcrest Elementary School 2.3 mi Public PRESCHOOL-5 3 0
      Preschool At Temple Emanuel 2.3 mi Private K-K 0 0
      Cherry Hill High-east High School 2.6 mi Public 9-12 4 4
      Joseph D. Sharp Elementary School 2.6 mi Public PRESCHOOL-5 5 0
      Bret Harte Elementary School 2.6 mi Public K-5 4 0
      Y A L E 2.6 mi Private PRESCHOOL-12 0 0
      Henry C Beck Middle School 3.0 mi Public 6-8 4 0
      Horace Mann Elementary School 3.0 mi Public K-5 3 0
      Discovery Corner Child Care And Enrichment Center 3.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Cherry Hill Regional School 3.4 mi Public K-12 0 0
      Cherry Hill Campus - Education Center 3.4 mi Public K-UNGRADE 0 0
      Camden Catholic High School 3.7 mi Catholic 9-12 0 4
      Congregation Mkor Shalom 4.2 mi Private PRESCHOOL-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Cherry Hill, NJ
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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