Much like other places in this area, it is a lot more expensive compared to the United States as a whole. However it is a lot less expensive compared to the city of Washington.
Home prices
The median home in Cherry Hill costs $332,500. It is is very similar in comparison to its surrounding areas.In comparison to the country as a whole it is approximately $115,000 (52%) higher, and is about $269,000 (44%) lower in comparison to the city of Washington.
Rents
Cherry Hill's median monthly rent is $1,644. It is roughly $110 (7%) higher compared to its surrounding areas.It is about $582 (54%) higher compared to the entire nation, and it is about $103 (6%) higher compared to the city of Washington.
Nearby places
Dumfries
Dumfries is Cherry Hill's neighbor to the west. The real estate prices there are substantially less expensive. Dumfries's median home value is $206,300, which is $126,200 (61%) lower than Cherry Hill. Rent there is pretty similar. Dumfries's median rent is $1,634 per month, which is very similar to Cherry Hill.
Triangle
Triangle is Cherry Hill's neighbor to the southwest. Its real estate prices are a little more expensive. The median home cost in Triangle is $452,200, which comes out to $119,700 (26%) higher than Cherry Hill. Rents there are significantly less expensive. Triangle's median rent is $1,165 a month, which comes out to $479 (41%) lower than Cherry Hill.
Neabsco
Neabsco is Cherry Hill's neighbor to the north. The housing prices there are a bit more expensive. The median home price in Neabsco is $381,000, which is $48,500 (12%) higher than Cherry Hill. Rents there are somewhat more expensive. The median rent in Neabsco is $1,884 a month, which works out to $240 (12%) higher than Cherry Hill.
Montclair
Montclair is Cherry Hill's neighbor to the northwest. Its real estate prices are a bit more expensive. The median home in Montclair costs $414,200, which works out to $81,700 (19%) higher than Cherry Hill. The rent there is a little more expensive. In Montclair the median monthly rent is $2,089, which works out to $445 (21%) higher than Cherry Hill.
Quantico
Quantico is about 3 miles south from Cherry Hill. Real estate prices there are substantially less expensive. The median home in Quantico is valued at $217,500, which is $115,000 (52%) lower than Cherry Hill. Rents there are a lot less expensive. In Quantico the median rent is $896 a month, which works out to $748 (83%) lower than Cherry Hill.
