Cherryhill, PA housing market
No new homes were permitted in 2017.
Home values, sales, trends and how Cherryhill compares with the towns next door — updated as new data is published.
No new homes permitted in 2017
No permits for new homes were issued in Cherryhill in 2017. The last year with any was 2016 (2 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — |
| 2016 | 2 | 2 | 0 | $492,000 |
| 2015 | 4 | 4 | 0 | $406,000 |
| 2014 | 4 | 4 | 0 | $778,000 |
| 2013 | 7 | 7 | 0 | $1.2 million |
| 2012 | 4 | 4 | 0 | $565,000 |
| 2011 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 8 | 8 | 0 | $1.1 million |
| 2002 | 5 | 5 | 0 | $448,000 |
| 2001 | 9 | 9 | 0 | $489,000 |
| 2000 | 3 | 3 | 0 | $258,000 |
Cherryhill's permit office didn't report to the Census in 2017, so the 2017 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Cherryhill and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Cherryhill | — | $1,020 | — | $66,746 |
| Brush Valley | — | $990 | 3 | $76,509 |
| Rayne | — | $980 | 1 | $60,582 |
| Green | — | $1,010 | 1 | $60,274 |
| Pine | — | $980 | — | $69,375 |
| White | −3.2%† | $980 | 5 | $66,186 |
† FHFA price index change, where Zillow has no home value for the town.
2.6 years of income
The typical Cherryhill home costs about 2.6 years of the town's median household income, less than across Pennsylvania (3.7 years).
How Cherryhill ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Cherryhill is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cherryhill pay a median of $740, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $790 · 4 bedrooms $1,570
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (15701, 15728, 15765; Indiana County, PA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.