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All market snapshots / 08701

Lakewood, NJ 08701 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lakewood, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 7777PendingPending sales: 1111
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): $275k$275kSoldMedian sold price (last 6 months): $429k$429k
What homes actually sell for in Lakewood, NJ
Distribution of 464 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $199k to $690k
$125k to $274k: 147 sales147sales$125k$274k to $424k: 61 sales$424k to $573k: 67 sales$424k$573k to $722k: 56 sales$722k to $872k: 27 sales$722k$872k to $1.02M: 40 sales$1.02M to $1.17M: 5 sales$1.02M$1.17M to $1.32M: 14 salesMedian $429k

What the numbers say

As of October 26, 2026, Resideline is tracking 77 active listings and 11 pending sales in ZIP code 08701. That pending-to-active ratio of 0.14 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $274,900, while the median of the 464 closed sales Resideline tracked over the last six months was $429,000. 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 92 days.

Frequently asked questions

What is the median home price in 08701?

The median closed sale price in Lakewood, NJ 08701 was $429,000 over the last six months, based on 464 closed sales tracked by Resideline. The middle half of those sales ranged from $199,000 to $690,000.

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

Resideline is currently tracking 11 pending sales against 77 active listings in 08701, a pending-to-active ratio of 0.14. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 08701 is currently a faster-moving market.

Nearby ZIP code market data

Full Lakewood, NJ housing market report →

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