The Cherry Hill housing market is somewhat competitive. The median sale price of a home in Cherry Hill was $895K last month, down 10.5% since last year. The median sale price per square foot in Cherry Hill is $601, up 5.2% since last year.
What is the housing market like in Cherry Hill today?
In March 2024, Cherry Hill home prices were down 10.5% compared to last year, selling for a median price of $895K. On average, homes in Cherry Hill sell after 48 days on the market compared to 26 days last year. There were 23 homes sold in March this year, down from 39 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$895,000
-10.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cherry Hill, WA
$895,000
-10.5%
United States
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How hot is the Cherry Hill housing market?
Cherry Hill is somewhat competitive. Homes sell in 26.5 days.
0
100
63
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 27 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
No elementary schools in this region.
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.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cherry Hill has a moderate risk of flooding. 119 properties in Cherry Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Cherry Hill. Flood risk is increasing slower than the national average.
Cherry Hill has minimal risk of severe winds over the next 30 years
Wind Factor
Cherry Hill has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.