Housing in Cherry Hill, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$597,000

Median List Price

$575,000

Price Per Sq Ft

$247

Days on Market

50

Active Inventory

59

Months of Supply

3.3

Seller's market

Price Trends

Source: Redfin
Sale Price 1.0%List Price 17.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

38.9%

Off Market in 2 Weeks

23.5%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
38.9%
Under Contract in 2 Wks
23.5%
Listings with Price Drops
25.4%

Market Activity

Source: Redfin

Homes Sold

18

New Listings

29

Pending Sales

34

Homes Sold 20.0%New Listings 3.3%Pending 3.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$247

Median List $/SF

$246

Sale $/SF 2.4%List $/SF 1.7%Mar 24Jan 26

Cherry Hill vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Cherry Hill is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$470,400

Median Rent

$1,853

Total Housing Units

7,885

Vacancy Rate

4.6%

Owner Occupied

60.3%

Renter Occupied

39.7%

Median Property Tax

$4,791

per year

Monthly Cost (w/ Mortgage)

$2,583

Housing Types

Single Family
71.8%
Multi-Family
28.0%
Mobile Home
0.2%

The current median sale price in Cherry Hill, VA is $597,000 according to Redfin data. Homes spend a median of 50 days on the market. 38.9% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $247. The median rent is $1,853 per month (Census ACS). About 60.3% of housing units are owner-occupied. The median year homes were built is 2000. There are 7,885 total housing units.