Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

REAL Broker - 732-757-2522 - mdesantisrealestate@gmail.com


Freehold, NJ 07728

Sun Aug 31 2025
This week the median list price for Freehold, NJ 07728 is $775,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 88. Click here to stay informed with the Freehold market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Freehold, NJ 07728

Sun Aug 31 2025
This week the median list price for Freehold, NJ 07728 is $775,000 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 88. Click here to stay informed with the Freehold market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $775,000
Median Price of New Listings $759,000
Per Square Foot $332
Average Days on Market 80
Median Days on Market 32
Price Decreased 25%
Price Increased 1%
Relisted 13%
Inventory 88
Median Rent
Market Action 47
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,469,444 4,600 1 - 2.5 acres 5 4.3 23 1 0 35
$881,500 2,610 0.5 - 1 acre 4 2.5 29 4 2 35
$647,500 1,920 0.25 - 0.5 acre 3 2.5 53 3 3 21
$394,995 1,132 0 - 4,500 sqft 2 1 58 3 3 52