Cherry Hill, NJ Real Estate Market Report — March 2026

Cherry Hill: South Jersey's Most Active Market Stays Steady Into Spring

Cherry Hill Township is the largest residential market in Camden County — and March 2026 confirms it's still running at full volume. With 50 closed sales, 101 new listings, and a median sale price of $467,500, the township is tracking solidly as buyers and sellers enter the spring market. This is not a market experiencing wild swings — it's a market doing what it consistently does: moving inventory at a steady, predictable pace.

Here's what the data shows for March 2026.

March 2026 At a Glance

• New Listings: 101

• Homes Sold: 50

• Median Sale Price: $467,500

• Average Sale Price: $478,720

• Median Days on Market: 34

• Months of Supply: 2.7

• End of Month Inventory: 130 homes

• Homes Pended (Under Contract): 64

Median Sale Price: $467,500

At $467,500 median and $478,720 average, Cherry Hill sits squarely in the middle of the South Jersey price range — affordable relative to Moorestown and Haddonfield, but meaningfully higher than entry-level markets like Mount Laurel or Maple Shade. The tight spread between median and average signals a balanced distribution of sales, without high-end outliers pulling the numbers.

The rolling 12-month average sold price of $478,720 tracks almost exactly with March's results — confirming that this month is not an aberration. Cherry Hill is simply performing at its consistent baseline.

Inventory & Market Conditions: Seller's Market, But Breathing Room Exists

At 2.7 months of supply with 130 active listings, Cherry Hill remains in seller's market territory. However, buyers are seeing slightly more options than they had through the winter months — inventory is up from 120 end-of-March to 130 currently, and up from 115 at this time last year.

Year-over-year inventory comparison:

April 2026: 130 homes | $65.8M volume

April 2025: 115 homes | $55.7M volume

The 18% increase in listed volume alongside a modest 13% inventory increase tells you two things: more homes are coming to market, and they're priced higher than last year. Both are consistent with a healthy, appreciating market — not a market overheating.

Days on Market: 34 Days

34 days on market is the middle of the pack for South Jersey — not the blazing pace of Collingswood or Moorestown, but far from the patient timeline of Medford. Homes that are priced correctly and presented well are moving within five weeks. Overpriced listings are sitting and skewing averages upward.

The 34-day DOM with 64 homes under contract against 50 closings suggests a healthy pipeline. Buyers are engaged and moving, just not at a frantic pace.

64 Homes Went Under Contract in March

64 pending contracts against 50 closings is a strong absorption signal — the market is pulling in more buyers than it's closing, meaning the April and May closing pipeline is building. This is a normal and positive spring-market pattern.

What This Means If You're Selling in Cherry Hill

• At $467,500 median, your buyer pool spans move-up buyers, families targeting Cherry Hill schools, and Philadelphia professionals — a wide and motivated audience.

• 34 days on market is manageable — price correctly and you'll be under contract within five weeks.

• Inventory is up 13% year-over-year but demand is keeping pace. Spring is still a favorable window.

• The listed median of $499,999 gives you a reasonable ceiling — price near there and you'll maximize your buyer pool without chasing the market down.

What This Means If You're Buying in Cherry Hill

• The $400K–$480K range is where the most buyer competition lives. Come in prepared — pre-approval letter attached, no contingency surprises.

• 34 days on market means you have a short but workable window. Don't wait for the open house on a home you love.

• Homes near Cherry Hill East — particularly in Barclay Farm and Woodcrest — are the most competitive. Budget accordingly.

• The slight inventory increase versus last year means you have marginally more options. Use that advantage to be selective, not passive.

Why Cherry Hill Makes Sense

Cherry Hill's consistent demand isn't an accident. The township delivers on every metric buyers use to evaluate a market: strong school district, proximity to Philadelphia via PATCO and I-295, a fully built-out retail and dining infrastructure, and a wide range of neighborhoods across multiple price points. Resale values here have held up through every recent market cycle — and the data continues to confirm it.

Thinking About Buying or Selling in Cherry Hill?

We work the full South Jersey market — including every neighborhood and price point in Cherry Hill. If you're buying or selling here, let's talk.

Data courtesy of Bright MLS. All information deemed reliable but not guaranteed. Market statistics reflect residential properties only.