ZIP 08003 (Cherry Hill, NJ) Housing Market & Real Estate Update — February 23, 2026
08003 – February 23, 2026 – Cherry Hill NJ pulse: Jan median sold $530K, inventory about 46 for sale, and homes taking ~45 days on market this winter.
ZIP 08003 covers much of Cherry Hill in Camden County, New Jersey. Today’s pulse: pricing is holding in the low-to-mid $500Ks depending on the tracker, while days-on-market are longer than last year, giving prepared buyers a bit more breathing room.
Top takeaways
- Prices are mixed by data source: recent median sold data is around $530K, while median listing metrics are closer to the mid-$560Ks.
- Homes are taking longer to move: market time has stretched versus last year, even though demand remains competitive.
- Inventory looks limited but not frozen: for-sale counts vary by tracker, but overall supply still reads tight for late winter.
Market snapshot (latest available)
Sales: Redfin’s ZIP-level housing market view shows a January 2026 median sale price of $530,000 (down 3.6% year over year), with homes selling after about 45 days on market. Redfin also reports 77 homes sold in January and roughly 3 offers per home on average, consistent with a competitive market.
Values and inventory: Zillow’s Home Value Index for 08003 lists a typical home value around $549,594 (data through Jan. 31, 2026), along with 46 homes for sale inventory and 15 new listings in its recent month snapshot.
Listings and rents: Realtor.com’s ZIP overview shows a median listing price around $564,950 (through Dec. 2025 history in its charts) and a median rent around $3,500, with a median 63 days on market noted for the area.
How to read the mixed signals
These trackers don’t measure the same thing. ‘Sold’ metrics (like Redfin’s) reflect closed transactions, while ‘listing’ metrics (like Realtor.com’s median list price) reflect asking prices and can run higher, especially when sellers price for negotiation. In winter, fewer closings can also swing ZIP-level medians month to month.
What’s for sale watchlist (no addresses)
- Single-family: track 3+ bedroom homes and note whether price cuts are becoming more common week to week.
- Condos/townhomes: watch for listings that sit longer and start offering concessions (closing credits, rate buydowns).
- Rentals: if you’re comparing rent vs. buy, monitor how quickly ‘good value’ rentals get leased at current price points.
On the pricing side, Redfin’s competitiveness indicators still point to tight negotiations: sale-to-list is near 99.8%, and roughly 44% of homes sold above list in the latest view.
ServiceXTC local pro corner
We were not able to confirm ServiceXTC provider pages tagged specifically to ZIP 08003 in today’s directory pull. If you’re preparing a spring listing or a purchase, the most time-sensitive trades to line up early are: home inspector, roofer, electrician, plumber, and HVAC contractor.
Sources
Redfin ZIP 08003 housing market; Zillow home values for 08003; Realtor.com 08003 overview; ZIP-to-city/county reference tables.
What are you seeing right now in 08003: more price reductions, more competing offers, or more homes sitting?