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Spruce Gardens

LAKEWOOD, NJ 08701

Real Estate Market Report  ·  Ocean County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
255
⇧ 21.4% vs 210 last year
Pending
79
31% pending ratio
Median Price
$354,500
⇩ 32% vs $521,500 last year
Average Price
$568,313
⇩ 24% vs $748,211 last year
Days on Market
55
vs 55 days last year

Market Context

Population: 134,008  ·  Density: 2,091.7/mi²  ·  Median household income: $58,949

Typical home value: $406,631  ·  Homeownership: 51.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAKEWOOD, NJ real estate market (08701) currently shows 255 active listings, with 79 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice.

The median listing price has fallen 32% year-over-year, from $521,500 to $354,500.

Whether you are buying or selling in LAKEWOOD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 255 this year vs 210 last year
  • Days on market: 55 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $354,500 (-32% YoY)
  • Average: $568,313 (-24% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.1 miles — 1,692 listings ($1,200,942,235 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08701Lakewood, NJ 087010.0 mi255$144,919,815$354,500$568,313
08724Brick, NJ 087244.8 mi126$82,313,028$507,200$653,278
08723Brick, NJ 087235.5 mi113$79,012,538$539,900$699,226
08753Toms River, NJ 087537.2 mi244$178,382,300$562,500$731,075
08730Brielle, NJ 087307.6 mi21$50,088,822$1,799,000$2,385,182
08527Jackson, NJ 085278.0 mi296$216,990,496$679,500$733,076
08757Toms River, NJ 087578.5 mi284$111,268,644$379,000$391,791
08735Lavallette, NJ 087359.1 mi38$90,111,224$1,624,000$2,371,348
07719Belmar, NJ 077199.4 mi49$44,507,288$775,000$908,312
08732Island Heights, NJ 087329.8 mi6$5,223,732$699,999$870,622
08722Beachwood, NJ 0872210.2 mi30$14,947,710$514,900$498,257
08751Seaside Heights, NJ 0875110.8 mi82$77,695,410$849,900$947,505
07728Freehold, NJ 0772811.1 mi148$105,481,228$534,950$712,711

Frequently Asked Questions

How many homes are for sale in LAKEWOOD, NJ 08701?

As of January 2026, there are 255 active listings in LAKEWOOD, NJ (zip code 08701), compared to 210 the prior year.

What is the median home price in LAKEWOOD, NJ 08701?

The median listing price in LAKEWOOD, NJ 08701 is $354,500 as of January 2026, a 32% decrease from $521,500 the prior year.

How long do homes stay on the market in LAKEWOOD, NJ?

Homes in LAKEWOOD, NJ 08701 spend an average of 55 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in LAKEWOOD, NJ 08701?

Based on current inventory and days-on-market data as of January 2026, LAKEWOOD, NJ 08701 is currently a Balanced Market. Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice.

How much can I save on real estate commission in LAKEWOOD, NJ?

With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, NJ 08701 save an estimated $7,090 compared to a typical 5% commission on the median listing price of $354,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.