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LAKEWOOD, NJ 08701

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKEWOOD, NJ real estate market (08701) currently shows 293 active listings, with 95 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 61 days last year.

The median listing price has fallen 32.4% year-over-year, from $449,250 to $303,675.

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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
293
⇧ 14% vs 257 last year
Pending
95
32% pending ratio
Median Price
$303,675
⇩ 32.4% vs $449,250 last year
Average Price
$510,612
⇩ 24.2% vs $674,012 last year
Days on Market
60
⇩ 1.6% vs 61 days last year

Price Per Square Foot

Median $/sqft
$238
⇩ 15.6% vs $282/sqft last year
Median Home Size
1,246 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 293 this year vs 257 last year
  • Days on market: 60 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $303,675 (-32.4% YoY)
  • Average: $510,612 (-24.2% 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 September 2026, there are 293 active listings in LAKEWOOD, NJ (zip code 08701), compared to 257 the prior year.

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

The median listing price in LAKEWOOD, NJ 08701 is $303,675 as of September 2026, a 32.4% decrease from $449,250 the prior year.

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

Homes in LAKEWOOD, NJ 08701 spend an average of 60 days on the market before going under contract, compared to 61 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 September 2026, LAKEWOOD, NJ 08701 is currently a Balanced Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 61 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 $6,074 compared to a typical 5% commission on the median listing price of $303,675. 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.