Call or Text (240) SELL-123

LAKEWOOD, NJ 08701

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKEWOOD, NJ real estate market (08701) currently shows 329 active listings, with 110 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 60 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 48 days last year.

The median listing price has fallen 19.8% year-over-year, from $470,725 to $377,475.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAKEWOOD, NJ 08701 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
329
⇧ 22.3% vs 269 last year
Pending
110
33% pending ratio
Median Price
$377,475
⇩ 19.8% vs $470,725 last year
Average Price
$579,267
⇩ 21.6% vs $738,454 last year
Days on Market
56
⇧ 16.7% vs 48 days last year

Price Per Square Foot

Median $/sqft
$244
⇩ 14.4% vs $285/sqft last year
Median Home Size
1,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 329 this year vs 269 last year
  • Days on market: 56 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $377,475 (-19.8% YoY)
  • Average: $579,267 (-21.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 1,382 listings ($1,055,741,241 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08701Lakewood, NJ 087010.0 mi255$150,524,205$391,225$590,291
08724Brick, NJ 087244.8 mi138$99,637,794$533,000$722,013
08723Brick, NJ 087235.5 mi109$75,702,353$533,500$694,517
08753Toms River, NJ 087537.2 mi218$183,385,306$599,750$841,217
08730Brielle, NJ 087307.6 mi20$57,462,000$2,247,500$2,873,100
08527Jackson, NJ 085278.0 mi276$203,230,116$690,000$736,341
08757Toms River, NJ 087578.5 mi277$110,337,964$381,697$398,332
07727Farmingdale, NJ 077279.1 mi28$26,275,788$829,990$938,421
08750Sea Girt, NJ 087509.3 mi13$62,941,242$3,724,750$4,841,634
08733Lakehurst, NJ 087339.6 mi5$2,208,875$440,950$441,775
08741Pine Beach, NJ 087419.9 mi5$4,995,000$999,000$999,000
07762Spring Lake, NJ 0776210.3 mi24$70,202,832$2,207,000$2,925,118
08740Ocean Gate, NJ 0874010.9 mi14$8,837,766$569,900$631,269

Frequently Asked Questions

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

As of July 2026, there are 329 active listings in LAKEWOOD, NJ (zip code 08701), compared to 269 the prior year.

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

The median listing price in LAKEWOOD, NJ 08701 is $377,475 as of July 2026, a 19.8% decrease from $470,725 the prior year.

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

Homes in LAKEWOOD, NJ 08701 spend an average of 56 days on the market before going under contract, compared to 48 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 July 2026, LAKEWOOD, NJ 08701 is currently a Buyer's Market. Inventory has increased compared to last year, with 60 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 48 days last year.

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 $7,550 compared to a typical 5% commission on the median listing price of $377,475. 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.