Cherry Hill, NJ Foreclosures
How much do homes sell for in Cherry Hill, NJ?
The average home price is currently $454,393.
In Cherry Hill, NJ, how many homes are available?
There are currently 3,183 active home listings available in Cherry Hill.
What’s the average rental cost in Cherry Hill, NJ?
The average rental price in Cherry Hill is $2,057.
What is the most expensive home in Cherry Hill?
The most expensive home sold in Cherry Hill had a price of $63,354,228.
What is currently the cheapest priced home in Cherry Hill, NJ?
The cheapest home for sale in Cherry Hill is priced at $27,458.
Living in Cherry Hill, NJ
Cherry Hill is a vibrant suburban community located in Camden County, New Jersey. Known for its family-friendly atmosphere, the area offers a variety of parks, shopping centers, and recreational activities. With easy access to Philadelphia, residents enjoy the comforts of suburbia while being close to urban conveniences.
Current Market Conditions in Cherry Hill, NJ
The real estate market in Cherry Hill remains robust, marked by a steady increase in home values over the past few years. The demand for homes has been fueled by the area's excellent schools, parks, and convenient location near Philadelphia, making it a desirable option for families and professionals alike.
Recently, Cherry Hill has experienced a surge in housing inventory, allowing buyers more choices among homes. However, competitive bidding is still common, especially for well-maintained properties in family-friendly neighborhoods.
Home Value Estimator For Cherry Hill, NJ
There are currently 27,419 real estate properties
in Cherry Hill, NJ,
with a median automated valuation model (AVM) price
of $438,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cherry Hill, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cherry Hill, NJ,
is $454,393.00, with the most expensive house
in Cherry Hill, NJ, topping out
at $63,354,228.00 and the cheapest home
in Cherry Hill, NJ,
clocking in at $27,458.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cherry Hill, NJ!
Rent Prices
In Cherry Hill, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cherry Hill, NJ, is on
a rollercoaster ride. The
average rent price in Cherry Hill, NJ,
is $2,057.00. Indeed, when looking to rent in
Cherry Hill, NJ, you can expect to pay as little
as $920.00 or as much
as $4,220.00,
with the average rent median estimated to
be $2,030.00. The good news is that finding
an affordable and desirable property to rent in Cherry Hill, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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