What is the median home value in Cherry Hill Township, NJ?
The median value of owner-occupied homes in Cherry Hill Township, NJ is $386,300 (±$7,741), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Cherry Hill Township, the median home value went from $277,300 in 2015–2019 to $386,300 in 2020–2024 (+39.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $386,300 (±$7,741)
- Owner-occupied homes
- 22,532 (±799)
- Most common range
- $300,000 to $499,999
Home values in Cherry Hill Township
| Value | Cherry Hill Township | Camden County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.1% (±0.7 points) | 3.0% | 2.5% | 5.3% |
| $50,000 to $99,999 | 1.6% (±1.0 points) | 4.2% | 1.8% | 6.1% |
| $100,000 to $149,999 | 1.3% (±0.5 points) | 5.7% | 2.2% | 6.8% |
| $150,000 to $199,999 | 3.0% (±1.2 points) | 11.5% | 4.3% | 9.0% |
| $200,000 to $299,999 | 18.8% (±2.1 points) | 29.3% | 12.9% | 17.8% |
| $300,000 to $499,999 | 52.0% (±2.6 points) | 33.1% | 34.2% | 26.9% |
| $500,000 to $999,999 | 19.9% (±2.0 points) | 11.9% | 34.5% | 20.9% |
| $1,000,000 or more | 1.5% (±0.6 points) | 1.4% | 7.6% | 7.1% |
The most common range is $300,000 to $499,999, 52.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Cherry Hill Township against Camden County, its state and the nation
| Cherry Hill Township | Camden County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $386,300 (±$7,741) | $287,100 (±$3,681) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 22,532 (±799) | 131,032 (±1,932) | 2,239,128 (±10,678) | 84,210,142 |
In Cherry Hill Township, the median home value is higher than in Camden County ($287,100).
It is also lower than in New Jersey ($454,400).
It is higher than the national figure ($332,700).
In Camden County, Cherry Hill Township ranks 5 of 35 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 359 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Cherry Hill Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $277,300 (±$3,017) | $386,300 (±$7,741) | +39.3% | Up after inflation |
| Median owner cost with a mortgage | $2,452 (±$59) | $2,708 (±$67) | +10.4% | Down after inflation |
| Median real estate taxes | $9,075 (±$89) | $9,811 (±$203) | +8.1% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Cherry Hill Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Cherry Hill Township | — | $386,300 (±$7,741) | — |
| Haddonfield Borough | 2.1 mi | $755,300 (±$37,509) | Higher |
| Ramblewood | 3.0 mi | $399,900 (±$32,863) | Not measurably different |
| Westmont | 3.0 mi | $422,200 (±$19,501) | Higher |
| Lawnside Borough | 3.1 mi | $240,700 (±$37,182) | Lower |
| Maple Shade Township | 3.3 mi | $250,200 (±$11,362) | Lower |
| Haddon Township | 3.5 mi | $406,900 (±$19,271) | Not measurably different |
| Marlton | 3.6 mi | $341,100 (±$11,872) | Lower |
| Barrington Borough | 3.8 mi | $273,200 (±$17,235) | Lower |
Nearby places with a measurably lower figure: Lawnside Borough, NJ ($240,700), Maple Shade Township, NJ ($250,200), Marlton, NJ ($341,100).
Nearby places with a measurably higher figure: Haddonfield Borough, NJ ($755,300), Westmont, NJ ($422,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Camden County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Haddonfield Borough | $755,300 (±$37,509) |
| 2 | Voorhees Township | $429,700 (±$19,381) |
| 3 | Haddon Township | $406,900 (±$19,271) |
| 4 | Haddon Heights Borough | $387,300 (±$22,834) |
| 5 | Cherry Hill Township | $386,300 (±$7,741) |
| 6 | Collingswood Borough | $380,400 (±$19,667) |
| 7 | Berlin Borough | $336,300 (±$16,607) |
| 8 | Merchantville Borough | $331,000 (±$30,099) |
| 9 | Gibbsboro Borough | $308,400 (±$22,884) |
| 10 | Audubon Borough | $307,400 (±$19,104) |
| 11 | Berlin Township | $302,600 (±$51,224) |
Showing 11 of 35 places in Camden County, ranked from highest to lowest.
The figures for Cherry Hill Township include the places inside it that have pages of their own: Ashland, Barclay, Cherry Hill Mall, Ellisburg, Golden Triangle, Greentree, Kingston Estates, Springdale.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cherry Hill Township
What is the average home value in Cherry Hill Township, NJ?
The Census Bureau publishes the median: $386,300 (±$7,741) for owner-occupied homes in Cherry Hill Township (2020–2024 American Community Survey).
Have home values in Cherry Hill Township gone up?
In Cherry Hill Township, the median home value went from $277,300 in 2015–2019 to $386,300 in 2020–2024 (+39.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Cherry Hill Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cherry Hill township, Camden County, New Jersey (county subdivision:12280, in state:34 county:007).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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