10/20/2026
If I could go back and talk to a 2016 homebuyer in Cherry Hill, NJ, I’d tell them not to wait.
In 2016, the median home sold for $250,000. Rates were around 3.65%. It felt expensive then too, and plenty of buyers decided to wait and see.
Today the median in Cherry Hill is $550,000, and rates are around 7.4%.
The same 4-bedroom home in Cherry Hill that sold for $263,000 in 2016 sold for $525,000 this year. That’s $262,000 in equity for whoever bought it then instead of waiting.
Here’s the hard part to hear in 2026: the same is true right now. If the last ten years in Cherry Hill are any sign, today’s prices are the ones people will wish they’d paid.
Waiting to see what happens rarely works out in real estate. Buying the right home in Cherry Hill when you’re ready usually does.
If you’re looking to buy or sell a home in Cherry Hill, NJ and desire distinctive representation, innovative marketing, and a proven process, let’s talk.
Send me a DM, fill out the form in my bio or comment below to get started.
Leah Smith, a real estate advisor representing South Jersey’s most discerning homeowners and buyers.
📍 Serving Merchantville, Haddonfield, Collingswood, Moorestown, Haddon Township, Cherry Hill, and surrounding Camden and Burlington County towns.