Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

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



Freehold, NJ 07728

Mon Jun 08 2026
This week the median list price for Freehold, NJ 07728 is $684,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Freehold, NJ 07728

Mon Jun 08 2026
This week the median list price for Freehold, NJ 07728 is $684,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $684,000
Median Price of New Listings $600,000
Per Square Foot $331
Average Days on Market 61
Median Days on Market 21
Price Decreased 27%
Price Increased 0%
Relisted 10%
Inventory 88
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,362,495 4,001 0.5 - 1 acre 4 3.5 25 2 3 24
$832,450 2,511 0.5 - 1 acre 4 2.5 55 4 4 21
$524,950 1,516 6,500 - 8,000 sqft 3 2 71 6 3 21
$379,900 1,144 0 - 4,500 sqft 2 1.5 59 3 1 80