Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

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



Freehold, NJ 07728

Thu Feb 06 2025
This week the median list price for Freehold, NJ 07728 is $725,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has decreased to 51. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Freehold, NJ 07728

Thu Feb 06 2025
This week the median list price for Freehold, NJ 07728 is $725,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has decreased to 51. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $725,000
Median Price of New Listings $664,900
Per Square Foot $325
Average Days on Market 95
Median Days on Market 63
Price Decreased 27%
Price Increased 6%
Relisted 14%
Inventory 51
Median Rent
Market Action 44
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,349,499 4,006 0.5 - 1 acre 4 4 28 2 0 91
$840,000 2,789 0.5 - 1 acre 4 2.5 54 2 2 56
$670,000 2,009 6,500 - 8,000 sqft 3 2 35 2 2 77
$450,000 1,226 4,500 - 6,500 sqft 3 1 78 5 5 49