Lakewood, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 1,012 transactions over the past year in Lakewood. The median value for residential home transactions that occurred over the previous year is $712,619.99. The number of current listings in Lakewood is 904, and the percentage of properties for sale in the city is 83.63%. Lakewood, NJ currently has 177 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 904 properties for sale.
Lakewood, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08701 | $ 463,666 $ 279/sqft |
Housing Market Summary for Lakewood, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $490K | $639.4K | 30.49% |
| Median Sold Price | $490.4K | $639.4K | 30.38% |
| Homes For Sale | 193 | 875 | 353.37% |
| Homes Sold | 611 | 396 | -35.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lakewood, NJ
Browse Homes in Lakewood, NJ
Lakewood home values range from $38,380 to $5,800,131. The median estimated value of a home in Lakewood is $712,619.99. The median list price of a home is 472,833.333, and the total count of properties in the city is 23,695.
- Pre-ForeclosurePre-foreclosure homes account for 0.73% of all residential properties in Lakewood, NJ with 08701 containing 172 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lakewood, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,757,000 in 08701 to the lowest home value of $140,250 in 08701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lakewood, NJ ranges from the highest value of $417,500 in 08701 to the lowest value of $145,000 in 08701. Bank owned homes and properties account for 0.01% of properties in Lakewood, NJ. There is 1 zips within Lakewood, NJ; 08701 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08701 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lakewood, NJ. Auction homes and other auction properties account for 0.01% of all properties in Lakewood, NJ. There is 1 zips within Lakewood, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,504,750 in 08701 to the lowest value of $671,250 in 08701.