Freedman, who is a massive wrap for the Ivory Coast-born England U21 international, has hinted that Zaha could soon leave Selhurst Park but said that the mooted £11m for his signature would be a huge discount.
"I know he is worth more than £11m. You're getting him cheap if you get him for that," said the Eagles boss.
"Wilfried has dedicated himself to the game and is heading in the right direction. We give young players the chance to play and that's what he is doing now.
"It's a matter of time until he plays in the Premier League and let's hope that is with Crystal Palace.
"As we speak right now he's on a long contract and he's very happy."