Cherry Hill Village's median sale price climbed to $724,000 over the trailing twelve months, a 72 percent jump from the year before, according to public sale-price data for that section of Canton Township. In the same window, Canton overall carried a median list price in the $419,000 to $424,000 range as of September 2026, with homes spending 35 to 36 days on market. A neighborhood inside the township outpricing the township by nearly $300,000 looks like a hot pocket of appreciation. It isn't. It's a shrinking pool of inventory. Condos priced in the low $200,000s used to make up more of the sales mix, and as the community nears the end of its planned build-out, the homes still coming to market skew toward its larger parcels.
What the Number Actually Measures
Canton Township's own overlay guidelines for Cherry Hill Village require developers to build "a mixture of housing types" and "a mixture of lot sizes and shapes" across the community, with density concentrated near the neighborhood's commercial core and larger lots reserved for its outer edge. The document lays out two zones by name: the Village Core, where a denser mix of housing was planned, and the Village Edge, where larger homes sit on larger lots. That structure was baked into the plat from the start. It also means the community's price range was never meant to collapse into one number, and now that most of the original Core-area condos and townhomes have sold and resold, the properties left to trade are disproportionately Village Edge single-family homes and a handful of remaining custom lots.
Active listings back this up. Recent Cherry Hill Village listings marketed as "one of the last available lots" describe estate-size custom-build opportunities rather than the compact townhomes that filled the community's early phases. When the remaining inventory skews toward the largest, most expensive parcels in a neighborhood, the median sale price rises even if no individual home appreciated at anything close to 72 percent. It rises because the cheap half of the sample stopped showing up.
A Neighborhood Zoned to Have Two Price Bands
Cherry Hill Village traces back to a 150-year-old hamlet that sat along the Sauk Trail, home to one of Henry Ford's village industries and to the township's oldest church and cemetery. In 1998, with suburban development creeping to within a mile of the old hamlet, Canton Township adopted a master plan intended, in the township's own words, "to weave a pattern of new development which maintains and respects the vestige of a past historical era." Biltmore Development took on the project, hiring planning firm Looney Ricks Kiss and touring officials through Harbor Town in Memphis to study how narrow lots, narrow streets and a mix of housing types function in practice before finalizing the Canton plan.
The result, built out starting in 2000, called for more than 1,291 new homes across a footprint developer materials list at 338 acres, valued at roughly $400 million and projected to take more than a decade to complete. Local real estate listings commonly cite a larger 460-acre figure for the same community, and the unit count has been described elsewhere as closer to 2,000 in earlier planning stages before the final plat settled. Streets run 22 to 27 feet wide, most at 24 feet, narrower than a standard suburban street by design, and garages sit at the rear of most lots so porches face the sidewalk instead. Covenants require traditional architectural styles: Tudor, Greek Revival, English Colonial, Victorian, Italianate and American Farmhouse, chosen so no two adjacent homes look identical.
None of that architectural detail is decorative context. It's the reason a single "Cherry Hill Village" price tag was never going to behave like a normal neighborhood median.
What Different Products Actually Cost
| Product type | Typical size | Recent price band | Zone |
|---|---|---|---|
| Condos and townhomes | 1,200 to 1,700 sq ft | roughly $230,000 to $400,000 | Village Core |
| Single-family colonials | 1,700 to 3,000 sq ft | roughly $400,000 to $760,000 | transitional streets |
| Custom estate lots | up to 4,400 sq ft | $760,000 and climbing on final parcels | Village Edge |
A buyer comparing "Cherry Hill Village" to another Canton subdivision using a single median number is really comparing an average of three different products that were zoned to exist side by side on purpose.
Why the Mix Was the Point
New Urbanist developments like Cherry Hill Village are designed around the idea that a walkable community works better when it draws a range of household types rather than one income bracket clustered behind a single entrance sign. Cherry Hill Village folds a village square, a performing arts theater, and more than 500 households into one walkable footprint specifically so that a retiree in a condo and a family in a colonial share the same sidewalks, the same farmers market, and the same school assignment. That mix is a feature written into the zoning, not a side effect of the market.
The tradeoff shows up now, at the tail end of build-out. Early in a project's life, a wide spread of product types keeps the median stable because new Core condos keep entering the sales mix alongside Edge homes. Near the end, once most of the Core parcels are sold and resold among existing owners, the properties still coming to market for the first time are disproportionately the larger, later-phase Edge lots. The median moves because the sample changed, not because value did.
What's Finishing This Year
Canton Township is in the middle of a capstone project at the heart of Cherry Hill Village. Construction on a new Town Square park began in November 2025 and is expected to run through 2026, adding paved walking trails, a landscaped hill, a public restroom and a scenic bridge around the historic Cherry Hill School. The white building at 50625 Cherry Hill Road, now called The Factory, is nearing the end of a renovation that will house new retail and gathering space. A timber-frame Farmers Market pavilion has gone up on the former site of the Cady-Boyer Barn, lost to fire in 2021, giving the Sunday market a permanent home from mid-May through mid-October. Village Arts Factory and Sweetwaters Coffee & Tea already anchor the walkable commercial stretch nearby.
A community finishing its public realm is a community nearing the end of its residential build-out too. That timing lines up with why the remaining for-sale inventory in Cherry Hill Village looks different than it did five years ago, and why builders have started filling in adjacent parcels instead. The Meadows of Cherry Hill, a 38-lot community built by Evergreen Homes a few minutes from the original Village, offers three floor plans in Craftsman, Farmhouse or Eastern Seaboard styling, one of which earned a 2024 Blue Ribbon Award from the Home Builders Association of Southeastern Michigan. Nearby, M/I Homes' Harvest Arbor community is building out 51 homesites on 26 acres with homes priced from $652,900. Both sit in the same school district and both are pricing new construction well above where Cherry Hill Village's original Core condos ever traded.
Reading the Comp Sheet Before You Write an Offer
A median price for Cherry Hill Village, on its own, doesn't tell a buyer or seller much. The useful questions are narrower: is the comparable property in the Core or on the Edge, is it original product from the early 2000s build-out or a newer custom home on one of the final lots, and how does its size and lot dimension line up against the 1,200 to 4,400 square foot range the community was designed to contain. A seller with a Core-area townhome pricing against a headline median built from Edge-lot sales will misprice the home. A buyer expecting Core-level pricing on a Village Edge custom build will be shopping in the wrong band entirely.
A Few Questions Worth Asking Directly
Is Cherry Hill Village the same as the area labeled "Cherry Hill" on national listing sites? Cherry Hill Village is the specific, named New Urbanist community built by Biltmore Development starting in 2000. Broader "Cherry Hill" labels used by some listing platforms can pull in a wider geographic area, which is part of why headline price figures for the two don't always match.
Does the 72 percent figure mean homes in Cherry Hill Village got harder to afford this year? Not uniformly. It reflects which properties sold, not how much any individual home gained in value. A Core condo selling today would still price closer to its historical band than to the community-wide median.
Are there still lots available to build new inside Cherry Hill Village itself? Listings in 2026 describe individual and paired lots as some of the last available inside the original footprint, which matches the community's position near the end of its planned build-out timeline.
Understanding which zone, which product, and which phase of build-out a comparable sale came from is the difference between a defensible offer and a guess. If you're weighing a purchase or a listing in Cherry Hill Village, or comparing it against another Canton neighborhood, Kamran Boushehri can walk through the actual comps behind the headline number before you commit to a price.
