How much is a home in 08003 worth?

The typical home value in 08003 is $578,431, up 4.5% over the past year. The median list price is $599,950.

How fast do homes sell in 08003?

Homes in 08003 spend a median of 45 days on the market. As of 2026-08-01, there are 61 homes for sale and 24 new listings.

Are sellers in 08003 cutting prices?

13.7% of listings in 08003 have a price cut. Most listings hold their price, but a meaningful share still adjust down.

Market Intelligence · NJ / Cherry Hill

Cherry Hill, NJ 08003 Housing Market

The typical home value in Cherry Hill, NJ 08003 is $578,431, up 4.5% over the past year. The median list price is $599,950, and homes spend a median of 45 days on the market.

Updated August 2026Median value$578K

The median home value in Cherry Hill, NJ 08003 is $578K as of August 2026, up 4.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 08003 range

$532K to $625K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.5% over 12 months

Aug 2025$553K

Low $553KHigh $578K

Aug 2026$578K

The numbers

What is the 08003 housing market like?

As of August 2026

Typical home value

$578K

4.5%YoY

Median list price

$600K

1.2%MoM

Days on market

28.6%MoM

Homes for sale

16.4%MoM

Price cuts

13.7%

22.1%MoM

New listings

45.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 08003 home prices compare?

08003$578,431
Cherry Hill$463,861
New Jersey$576,681
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Cherry Hill: 3 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 61 homes for sale in 08003, with 24 new listings hitting the market. The typical home value is $578,431, up 4.5% over the past year, while the median list price sits at $599,950. Homes move in a median of 45 days, and 13.7% of listings have taken a price cut. Values are still climbing and homes are selling at a steady pace, but the share of price cuts shows some sellers are starting above what buyers will pay, so pricing carefully from the start matters.

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