Is Cherry Hill, NJ 08003 a buyer’s or seller’s market?

The Cherry Hill housing market right now

In the three months ending August 31, 2026, 53% of homes in Cherry Hill, NJ 08003 sold above their list price, the typical home went under contract in 26 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 135 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (24 days then) and the median sale price rose 9% to $599,740. Overall, Cherry Hill is about as competitive as it was a year ago.

Within Camden County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Cherry Hill ranks #118 of 444 NJ ZIP codes with enough sales (score 87 out of 100).

Nearby, buyers who want less competition could look at Camden 08102 (20% sold over asking) or Gibbsboro 08026 (28% sold over asking), while Mount Ephraim 08059 (73% sold over asking) and Stratford 08084 (67% sold over asking) are even more competitive.