Is Freehold, NJ 07728 a buyer’s or seller’s market?
Freehold is a seller’s market. With about 2.2 months of supply and 49% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#53 of 110 ZIP codes in Middlesex, Monmouth, Ocean & Somerset, NJ, and #346 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Freehold housing market right now
In the three months ending August 31, 2026, 49% of homes in Freehold, NJ 07728 sold above their list price, the typical home went under contract in 21 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 208 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (48% then), homes sold about as fast and the median sale price rose 8% to $618,732. Overall, Freehold is about as competitive as it was a year ago.
Within Monmouth County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Freehold ranks #173 of 444 NJ ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Deal 07723 (0% sold over asking) or Allenhurst 07711 (0% sold over asking), while Roosevelt 08555 (100% sold over asking) and Fair Haven 07704 (81% sold over asking) are even more competitive.
Run the numbers for 07728
Nearby markets
Allenhurst 07711Buyer’s market $2,523 /sq ftAllentown 08501Seller’s market $312 /sq ftAllenwood 08720 — /sq ftAsbury Park 07712Seller’s market $447 /sq ft Browse all markets →Towns like Freehold nearby
Find towns like Freehold in other states →Where Freehold is
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Questions about Freehold real estate
Is Freehold a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Freehold, NJ 07728 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Freehold?
The typical home went under contract in 21 days in the latest three months.
Do homes in Freehold sell over asking?
49% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Freehold?
About 2.14% of a home’s value a year in Freehold Boro, Monmouth County, or roughly $8,564 on a $400,000 home.
What is the median home price in Freehold?
The median sale price was $618,732 in the three months ending August 31, 2026, about $342 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology