Zip 08002 (Cherry Hill Mall, NJ) Housing

Housing in 08002 Cherry Hill Mall, NJ has seen an impressive 15.62% increase in value over the past year. This appreciation rate is higher than that of the US median of 8.27% in the same time period. The median house value in 08002 Cherry Hill Mall, NJ currently stands at $335,400 which is slightly lower than the US median of $338,100. This indicates that housing in this area is affordable given its proximity to New York City and other major cities in the Northeast Corridor.

The median home cost in Cherry Hill Mall (zip 08002) is $335,400. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Cherry Hill Mall (zip 08002) is up 18.1%.

Average Age of Homes

- The median age of Cherry Hill Mall (zip 08002) real estate is 52 years old

The Rental Market in Cherry Hill Mall (zip 08002)

- Renters make up 32.7% of the Cherry Hill Mall (zip 08002) population
- 1.9% of houses and apartments in Cherry Hill Mall (zip 08002), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cherry Hill Mall, New Jersey	United States
	9,841.0	139,647,020.0
	56	42
	$335,400	$338,100
	18.1%	16.6%
	57.0%	57.0%
	69.6%	101.1%
	$32.49	$10.98
	$8,178	$2,690
	61.2%	57.4%
	8.0%	11.2%
	30.8%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.4%	0.4%
	0.7%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.9%	2.4%
	2.9%	2.8%
	2.6%	3.9%
	1.1%	4.5%
	4.0%	11.3%
	11.4%	13.0%
	53.7%	20.1%
	18.0%	13.6%
	3.5%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	7.8%	13.6%
	7.5%	13.2%
	9.5%	14.8%
	7.8%	13.6%
	22.4%	10.0%
	5.7%	4.7%
	6.4%	12.2%

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