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Foreclosure Homes in Cherry Hill, NJ

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Cherry Hill, NJ Foreclosures

How much do homes sell for in Cherry Hill, NJ?
The average home price is currently $455,721.
In Cherry Hill, NJ, how many homes are available?
There are currently 3,182 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 $63,389,184.
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, NJ, is a bustling suburb that combines a suburban lifestyle with easy access to city amenities. With a rich array of shopping, dining, and outdoor activities, it’s a desirable location for families and professionals. Excellent schools and community resources further enhance the appeal of this thriving area.

Current Market Conditions in Cherry Hill, NJ

The real estate market in Cherry Hill has shown resilience in recent months, with a noticeable demand for homes, especially single-family houses. Inventory is somewhat limited, which continues to drive property values upward. Experts suggest that the region's accessibility to Philadelphia adds to the desirability, making homes sell quickly.

As of late 2023, homes in Cherry Hill have experienced an average appreciation rate of about 5% within the past year, reflecting the area's growth and demand. Buyers are particularly interested in well-maintained properties in established neighborhoods.

Home Value Estimator For Cherry Hill, NJ

There are currently 27,420 real estate properties in Cherry Hill, NJ, with a median automated valuation model (AVM) price of $438,565.00. 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 $455,721.00, with the most expensive house in Cherry Hill, NJ, topping out at $63,389,184.00 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.

Cherry Hill, NJ Foreclosures


Market Trend for Cherry Hill, NJ

Total Listings Available: 3,182

Market Values:

Home Prices from $27,458 to $63,389,184

Average Sales Price: $455,721

Rental Values:

Rental from $920 to $4,220

Average Rent Value: $2,057 / month

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