Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

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


Freehold, NJ 07728

Fri Jul 25 2025
This week the median list price for Freehold, NJ 07728 is $784,500 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has increased to 92. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Freehold, NJ 07728

Fri Jul 25 2025
This week the median list price for Freehold, NJ 07728 is $784,500 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has increased to 92. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $784,500
Median Price of New Listings $625,000
Per Square Foot $341
Average Days on Market 71
Median Days on Market 42
Price Decreased 29%
Price Increased 0%
Relisted 7%
Inventory 92
Median Rent
Market Action 45
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. 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
$1,299,000 3,946 1 - 2.5 acres 5 4 26 0 3 42
$875,000 2,606 0.5 - 1 acre 4 2.5 38 4 7 28
$640,000 1,806 0.25 - 0.5 acre 3 2 65 2 4 42
$399,900 1,168 0 - 4,500 sqft 3 1.5 58 3 3 56