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Cherry Hill Mall, NJ

Full City Profile · New Jersey · Gloucester County County

3.8 /5.0
B+ Good
14,827 Population 4,062/sq mi density
$117,535 Median Income $52,783 per capita
$313,000 Home Value $349,856 Zillow
$2,069 Median Rent 24.0% income on rent
55°F Avg Temperature 293 sunny days/yr
184 Violent Crime/100K 2,653 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$117,535 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$313,000 home value, $2,069/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
A+
Education
4.8 / 5.0
47.0% bachelor's degree or higher

Housing Overview

Median Home Value
$313,000
11% above
US avg: $281,900
Median Rent
$2,069/mo
78% above
US avg: $1,163/mo
Homeownership Rate
72.1%
10% above US avg (65.4%)
Total Housing Units
5,674
Median year built: 1966

Home Value by Source

Census Median
$313,000
Zillow (ZHVI)
$349,856
Median Sale Price
$370,000
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.1%
Owner-Occupied
27.9%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,069/mo

Market Indicators (Redfin)

Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
8.7%
of listings with price reduction
Price Per Sq Ft
$239
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
72.1%

Complete Housing Data

Home Values

Census Median Value$313,000
Zillow Home Value (ZHVI)$349,856
Median Sale Price$370,000
Median List Price$365,000
Price Per Sq Ft$239

Rent

Census Median Rent$2,069
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market32
Sale-to-List Ratio1.0%
Price Drops8.7%
Homes Sold13
Active Inventory23
Price Per Sq Ft$239

Ownership & Stock

Owner-Occupied72.1%
Renter-Occupied27.9%
Homeownership Rate72.1%
Total Housing Units5,674
Median Year Built1966
Rent Burden24.0%