New Listing
16
$150,000
300A W Malvern Ct Unit A
Lakewood, NJ 08701
2 bd1 ba858 sqft$175/ft²
Condo871 sqft lot
Michele Rinaldi · Del Virginia Realtors
View photos & details
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Sarah Mitchell
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Compass Real Estate · Lakewood, NJ
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Lakewood, NJ(512) 555-0184TX License #0512847
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Lakewood, NJ Housing Market & Real Estate
Leaning buyer's-50.8% YoY
Housing market overview · Updated monthly ·
$401,500median sale price
How is the Lakewood, NJ housing market right now?
The median home sale price in Lakewood, NJ is $401,500, down 50.8% year-over-year. Homes sell in an average of 59 days with 53 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lakewood a buyer's or seller's market?
Leaning buyer's4.4 months of supply59 avg. days on market
Lakewood, NJ is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
59
Average pace
Active listings
53
4.4 months supply
Sale-to-list
96.1%
Below asking
What does the Lakewood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $401,500 |
| Median list price | $599,000 |
| Year-over-year price change | -50.8% |
| Average days on market | 59 days |
| Active inventory | 53 listings |
| Months of supply | 4.4 months |
| Sale-to-list price ratio | 96.1% |
| Median price per sq ft | $308/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 23 |
| Listings with a price cut | 17.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood by property type?
How the Lakewood, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $306,250 | $267/sq ft | 10 | 63 days |
| Condo / Co-op | $645,000 | $350/sq ft | 2 | 25 days |
Source: Redfin · Updated monthly
The Lakewood housing market is currently classified as a leaning buyer's with a median sale price of $401,500. Prices have fallen 50.8% compared to last year, with homes spending an average of 59 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Homes for sale in Lakewood
There are currently 53 homes listed for sale in Lakewood, New Jersey. The median listing price is $599K. Featured listings range from $150,000 to $1,000,000.
New Listing
31
$190,000
62F Buckingham Dr Unit 100F
Lakewood, NJ 08701
2 bd1 ba928 sqft$205/ft²
Condo871 sqft lot
Kim D'addario · RE/MAX at Barnegat Bay
View photos & details
New Listing
42
$190,000
62 Buckingham Dr Unit F
Lakewood, NJ 08701
2 bd1 ba928 sqft$205/ft²
Townhouse
Kim DAddario · RE/MAX at Barnegat Bay - Toms River
View photos & details
New Listing
26
$245,000
612 Sophee Ln
Lakewood, NJ 08701
2 bd2 ba1,165 sqft$210/ft²
Condo436 sqft lot
Jack Maffai · Weichert Realtors-Old Bridge
View photos & details
New Listing
30
$246,000
1108A Argyll Cir
Lakewood, NJ 08701
2 bd1 ba982 sqft$251/ft²
Condo871 sqft lot
Nicole Scharnikow · Daunno Realty Services
View photos & details
New Listing
45
$329,000
204 Deanne Dr
Lakewood, NJ 08701
2 bd2 ba1,894 sqft$174/ft²
Condo1,742 sqft lot
Sheila Hansen · The Gallery Residential Brokerage
View photos & details
New Listing
45
$359,000
192 Victoria Ct
Lakewood, NJ 08701
2 bd2 ba1,892 sqft$190/ft²
Condo1,307 sqft lot
Sheila Hansen · The Gallery Residential Brokerage
View photos & details
New Listing
33
$438,000
22 Springlawn Dr
Lakewood, NJ 08701
2 bd2 ba1,576 sqft$278/ft²
House7,841 sqft lot
Judith Keelan · Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
View photos & details
New Listing
2
$485,000
525 Davids Ct Unit Lakewood
Lakewood, NJ 08701
2 bd2 ba1,512 sqft$321/ft²
Townhouse436 sqft lot
Charles Klein · Four Points Realty
View photos & details
New Listing
49
$525,000
1 Gardenways Ct
Lakewood, NJ 08701
2 bd2 ba1,804 sqft$291/ft²
House3,920 sqft lot
Glen Levine · DeFelice Realty Group, LLC
View photos & details
New Listing
24
$799,900
1575 Alamitos Dr
Lakewood, NJ 08701
5 bd2 ba2,383 sqft$336/ft²
House
Michael Barone · C21/ Solid Gold Realty
View photos & details
New Listing
31
$1,000,000
271 Joe Parker Rd
Lakewood, NJ 08701
5 bd3 ba3,592 sqft$278/ft²
House21,780 sqft lot
Artyom Eliseyev · Coldwell Banker Realty
View photos & details
Looking to buy in Lakewood?
Get connected with a local real estate expert — free, no obligation.
Active listings
53
Homes on market
Median list price
$599K
Avg. days on market
59
Days until sale
New this week
23
Newly listed
Price drops:17.0%of listings
Sale-to-list:96.1%
Who lives in Lakewood?
Population
69,884
Median income
$57,576/yr
Median age
17.3 years
Owner-occupied
37.0%
College grads
31.3%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakewood?
Zillow home value
$591,177
Zillow rent index
$2,021/mo
Price-to-rent ratio
24.4x
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Lakewood?
Lakewood is a community of approximately 70K residents with a median age of 17.3 years.The median household income is $57,576, which represents a working-class community with solid middle-income opportunities. 31.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 37.0%, showing a blend of owner and renter-occupied properties. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakewood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lakewood?
9 schools tracked · 4,756 students
The largest public schools serving Lakewood, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lakewood High School
Grades 9-12 · 1,330 students
Oak Street Elem School
Grades 2-6 · 656 students
Lakewood Middle School
Grades 7-8 · 582 students
Ocean Academy Charter School
Grades K-8 · 499 students
Clifton Ave Grade School
Grades 2-6 · 473 students
Piner Elementary School
Grades PK-K · 378 students
Ella G Clarke Elementary School
Grades 3-6 · 353 students
Spruce Street Elementary School
Grades 1 · 249 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lakewood, NJ?
Want a head-to-head view? Compare Lakewood side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Lakewood?
Is Lakewood a good real estate investment market?
For investors evaluating Lakewood, the price-to-rent ratio of 24.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 50.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lakewood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lakewood's median home price.
Frequently asked questions
What is the average home price in Lakewood?
The median home sale price in Lakewood is $401,500, down 50.8% from last year.
How long do homes stay on market in Lakewood?
Homes typically spend 59 days on market before going under contract.
What is the median income in Lakewood?
The median household income is $57,576 per year.
Is Lakewood a buyer's or seller's market?
With 4.4 months of supply, Lakewood is currently a leaning buyer's.
How many homes are for sale in Lakewood?
There are currently 53 homes listed for sale in Lakewood, NJ.
What is the Zillow home value estimate for Lakewood?
The Zillow Home Value Index (ZHVI) for Lakewood is $591,177, representing the typical home value in the area.
What is the median condo price in Lakewood?
The median condo/co-op sale price in Lakewood, NJ is $645,000, compared to $306,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lakewood?
The median single-family home price in Lakewood, NJ is $306,250 (about $267 per square foot).
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