Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

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


Freehold, NJ 07728

Fri Jun 06 2025
This week the median list price for Freehold, NJ 07728 is $799,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 85. 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. Prices have not been moving higher for several 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 persistently, prices are likely to resume an upward climb.

Freehold, NJ 07728

Fri Jun 06 2025
This week the median list price for Freehold, NJ 07728 is $799,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 85. 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. Prices have not been moving higher for several 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $799,000
Median Price of New Listings $799,000
Per Square Foot $336
Average Days on Market 55
Median Days on Market 28
Price Decreased 20%
Price Increased 0%
Relisted 8%
Inventory 85
Median Rent
Market Action 49
Strong Seller's Market

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
$1,494,444 4,057 1 - 2.5 acres 5 4 22 3 3 38
$889,900 2,805 0.5 - 1 acre 4 2.5 31 5 1 21
$599,900 1,638 6,500 - 8,000 sqft 3 2 42 3 10 21
$375,000 1,200 0 - 4,500 sqft 3 1.5 67 2 3 35