Cherry Hill, NJ

Population: 71,417
Average annual home appreciation rate: 4.37%
Total of homes for sale in this market: 244
Median home price: $265,671
Median Rent: $1,472
Home price range: 43.59% of homes are between $195,001 – $292,000
Median sales price: $240,500
Number of homes: 673
Median foreclosure sales price: $166,500
Foreclosure discount: 30.8%
Most common home type: 71.16% of homes are single family detached
Number of vacant homes: 5.79%
Number of renters: 19.46%
Number of owner occupied: 80.54%
Number people living below poverty level: 4.49%
Unemployment rate: 3.90%
Is this area perfect for real estate deals going on right now?

Leave a Reply

Your email address will not be published. Required fields are marked *