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All market snapshots / 08701

Lakewood, NJ 08701 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lakewood, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 8080PendingPending sales: 1616
Lakewood, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $252k$252kSoldMedian sold price (last 6 months): $415k$415k
What homes actually sell for in Lakewood, NJ
Distribution of 454 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $200k to $690k
$125k to $270k: 150 sales150sales$125k$270k to $416k: 57 sales$416k to $562k: 60 sales$416k$562k to $707k: 57 sales$707k to $852k: 32 sales$707k$852k to $998k: 28 sales$998k to $1.14M: 13 sales$998k$1.14M to $1.29M: 12 salesMedian $415k

What the numbers say

As of September 14, 2026, Resideline is tracking 80 active listings and 16 pending sales in ZIP code 08701. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $252,500, while the median of the 454 closed sales Resideline tracked over the last six months was $415,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 08701 for 67 days.

Frequently asked questions

What is the median home price in 08701?

The median closed sale price in Lakewood, NJ 08701 was $415,000 over the last six months, based on 454 closed sales tracked by Resideline. The middle half of those sales ranged from $200,000 to $690,000.

Is 08701 a buyer's or seller's market?

Resideline is currently tracking 16 pending sales against 80 active listings in 08701, a pending-to-active ratio of 0.20. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 08701 currently looks like a balanced market.

Nearby ZIP code market data

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