Market Intelligence · NJ / Cherry Hill

Cherry Hill, NJ 08034 Housing Market

Typical home value in Cherry Hill, NJ 08034 has risen 6.7% over the past year to $458,307. The median list price sits at $459,500, with homes selling in a median of 31 days as of September 2026.

Updated September 2026Median value$458K

The median home value in Cherry Hill, NJ 08034 is $458K as of September 2026, up 6.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 08034 range

$422K to $495K

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

+6.7% over 12 months

Sep 2025$430K

Low $430KHigh $458K

Sep 2026$458K

The numbers

What is the 08034 housing market like?

As of September 2026

Typical home value

$458K

6.7%YoY

Median list price

$460K

5.1%MoM

Days on market

0.0%MoM

Homes for sale

20.0%MoM

Price cuts

23.2%

152.4%MoM

New listings

10.0%MoM

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

The outlook

08034 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 08034 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 08034 rose 6.7%, per the Zillow Home Value Index.

Will home prices drop in 08034?

Zillow's forecast does not call for a drop: it expects typical home values in 08034 to rise 2.1% by September 2027, after a 6.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 08034 home prices compare?

08034$458,307
Cherry Hill$458,307
New Jersey$575,161
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cherry Hill: 3 ZIPs; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

Cherry Hill has 42 homes for sale, with 22 new listings as of September 2026. The median time on market of 31 days suggests a reasonably balanced pace. However, 23.2% of listings have already seen price cuts, which signals that some sellers are adjusting expectations. The year-over-year growth of 6.7% shows underlying strength, but the presence of price reductions indicates that not all homes are moving at their initial ask. Sellers should price competitively from the start rather than expect multiple offers.

Monthly payment

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Home price

Down payment20% · $91,661

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 08034?

The typical home value in Cherry Hill is $458,307, up 6.7% over the past year as of September 2026.

How long do homes stay on the market in 08034?

The median days on market is 31 as of September 2026.

How many homes are for sale in 08034?

There are 42 homes for sale as of September 2026, with 22 new listings during that period.

Discover

Nearby ZIP markets.

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