Market Overview
Home Prices in Freehold, NJ
The median home value in Freehold, NJ is $650,305 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Freehold are priced59% above average. Freehold is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Freehold home values have risen by approximately37.7%, reflecting strong long-term appreciation in this market.
Price History
Freehold Home Price Trend
City Comparison
Freehold vs. National Median
At $650,305, homes in Freehold cost 59% above the national median of $410,000. Buyers in Freehold should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Freehold?
20% Down Payment
$130,061
on $650,305
Monthly P&I
$3,392/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,308/mo
incl. taxes & insurance
Income Needed
$172,320
gross annual (30% rule)
10% Down Option
$65,031
+ PMI applies
Loan Amount (20% dn)
$520,244
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Freehold, NJ?
The median home value in Freehold is $650,305 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Freehold?
Over the past year, home values in Freehold have increased by 3.1%. Over five years, prices have risen approximately 37.7%.
How much do I need to earn to buy a home in Freehold?
To comfortably afford the median home price of $650,305 with a 20% down payment ($130,061) at today's rates (6.8%), you'd need a gross annual income of approximately $172,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Freehold compare to the national average home price?
The national median home value is approximately $410,000. At $650,305, homes in Freehold are 59% above the national average.
What metro area is Freehold part of?
Freehold is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.