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Cherry Hill, VA

Full City Profile · Virginia · Stafford County County

3.6 /5.0
B+ Good
23,443 Population 3,006/sq mi density
$119,474 Median Income $47,518 per capita
$470,400 Home Value $590,557 Zillow
$1,853 Median Rent 35.3% income on rent
58°F Avg Temperature 293 sunny days/yr
77 Violent Crime/100K 2,283 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$119,474 median income, 4.6% unemployment
A
Affordability
4.5 / 5.0
$470,400 home value, $1,853/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A
Education
4.4 / 5.0
42.2% bachelor's degree or higher

Housing Overview

Median Home Value
$470,400
67% above
US avg: $281,900
Median Rent
$1,853/mo
59% above
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
7,589
Median year built: 2000

Home Value by Source

Census Median
$470,400
Zillow (ZHVI)
$590,557
Median Sale Price
$504,000
Median List Price
$629,995
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.3%
Owner-Occupied
39.7%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,853/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
11.9%
of listings with price reduction
Price Per Sq Ft
$245
Active Inventory
67
homes for sale

Affordability & Housing Stock

Rent Burden
35.3%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
60.3%

Complete Housing Data

Home Values

Census Median Value$470,400
Zillow Home Value (ZHVI)$590,557
Median Sale Price$504,000
Median List Price$629,995
Price Per Sq Ft$245

Rent

Census Median Rent$1,853
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops11.9%
Homes Sold25
Active Inventory67
Price Per Sq Ft$245

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units7,589
Median Year Built2000
Rent Burden35.3%