Freehold, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 684 transactions over the past year in Freehold. The median value for residential home transactions that occurred over the previous year is $542,377.22. The number of current listings in Freehold is 131, and the percentage of properties for sale in the city is 131.00%. Freehold, NJ currently has 190 properties in foreclosure, 2 bank owned properties, 9 properties headed for auction, and 131 properties for sale.

Freehold, NJ Real Estate Market Overview

ZipMedian Est. Value
07728

$ 514,750

$ 292/sqft

Housing Market Summary for Freehold, NJ

Apr 2023March 2024Change
Median Listing Price$547K$494.5K-9.60%
Median Sold Price$435.4K$494.5K13.57%
Homes For Sale132117-11.36%
Homes Sold348322-7.47%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Freehold, NJ

Freehold home values range from $51,280 to $1,970,000. The median estimated value of a home in Freehold is $542,377.22. The median list price of a home is 500,000, and the total count of properties in the city is 17,881.

Foreclosure
There is 1 zips within Freehold, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $1,439,750 in 07728 to the lowest value of $203,700 in 07728. Foreclosure homes account for 1.00% of properties in Freehold, NJ with 07728 containing 190 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.00% of all residential properties in Freehold, NJ with 07728 containing 179 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Freehold, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,439,750 in 07728 to the lowest home value of $203,700 in 07728.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Freehold, NJ ranges from the highest value of $367,500 in 07728 to the lowest value of $232,500 in 07728. Bank owned homes and properties account for 0.01% of properties in Freehold, NJ. There is 1 zips within Freehold, NJ; 07728 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    07728 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Freehold, NJ. Auction homes and other auction properties account for 0.05% of all properties in Freehold, NJ. There is 1 zips within Freehold, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,225,000 in 07728 to the lowest value of $340,500 in 07728.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.73% of residential properties in Freehold, NJ with 07728 containing 131 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Freehold, NJ; homes for sale in that zips, have a range of median values from $1,724,000 in 07728 to the lowest value of $206,783 in 07728.
    Sold Homes
    The median value for recently sold homes ranges from $1,825,183 in 07728 to the lowest price of $51,280 in 07728. There is 1 zips within Freehold, NJ. 07728 has 323 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.81% of properties in Freehold, NJ.

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      Guide for Freehold, NJ

      Market Reports
      Newark Real Estate Market Report, March 2024
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      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.